Azerbaijan lowers electricity export

Azerbaijan has unveiled data on the electricity it generated for Jan-Apr of the year

Azerbaijan increases generating electricity

Over January-April 2020 Azerbaijan’s electricity generating grew by 68.2 million kWh (versus the 2019 same term) up to 8.896 bn kWh

Oil price rises after decline the day before, Brent is at $29.4 a barrel

Oil of standard grades is rising in cost in Thursday`s trading after falling the day before

Trump explains cause of oil price rise

The volatility of oil prices on the world market is linked with the policy of Saudi Arabia

Oil prices decline after rising the day before, while Brent is at $29.5 per barrel

The cost of oil of standard grades is declining in Wednesday’s trading after rising the day before

Number of Azerbaijani citizens working for BP published – over 2,000

At the end of the 1st quarter the number of Azerbaijani citizens who are employees of BP reached 2,517, including employees working on a fixed-term contract

$12 million spent on South Caucasus pipeline

In the 1st quarter of 2020 approximately $12 million in operating expenses and approximately $2 million in capital expenditures were spent on activities related to the South Caucasus Pipeline and the expansion of the South Caucasus Pipeline

17 wells drilled for Jan-Mar within Shah Deniz 2 Project

During the 1st quarter of the year the Shah Deniz-2 team continued work on underwater rigs, including installing equipment in deep waters to begin production from the east-south flank of the field in 2021

Production at Shah Deniz has increased

In the first quarter of this year approximately $219 million in operating expenses and $219 million in capital expenditures were raised for Shah Deniz operations

BP spent $25 million on BTC operations for 1st quarter

BP Azerbaijan has published a report for Jan-Mar 2020

On average 7.9 million cu m of ACG associated gas delivered daily to SOCAR

In the 1st quarter of 2020 an average of 7.9 million cu m of gas per day was transferred from the Azeri-Chirag-Guneshli field (ACG) through the SOCAR terminal in Sangachal, as well as the installation on the Neft Dashlari (Oil Rocks), in total – 700 million cu m

Four more wells drilled at Azeri-Chirag-Guneshli

The stable production at Azeri-Chirag-Guneshli (ACG) continued safely and reliably in the 1st quarter of 2020

How much money spent on ACG activity - BP Azerbaijan`s report

BP Azerbaijan has published a report on business operations for the first quarter of 2020

Oil prices rise after falling the day before, Brent is at $29.7 per barrel

Oil prices are rising slightly in Tuesday`s trading after falling at the end of the previous session

Sawiris Naguib: Oil price to rise up to $100

In a year and a half the price of a barrel of oil will rise up to $100

Oil price may end the week with a rise first time since February, with Brent at $30.25 a barrel

In Friday`s trading oil prices are rising and may end the week with growth for the first time since February on the basis of expectation of a gradual recovery in demand and a reduction in production by large oil producers

Oil rises in price after decline, Brent is at $29.80 a barrel

Prices for oil of standard grades are growing moderately in Thursday`s trading after falling the day before

MP: In what case can oil price rise?

The world market price of oil exceeded the psychological threshold of $30.

Oil is stable after rising the day before, Brent is above $30 a barrel

Prices for oil of standard grades are changing a little in Wednesday’s trading after solid growth the day before

Drilling of a new well on Umid-1 platform launched

On 5 May SOCAR president Rovnag Abdullayev visited the Umid-1 platform on Umid field, where he inspected major repairs and reconstruction and started drilling a new well

Oil rises in price amid oil demand recovery hope, Brent is at $28 a barrel

Oil prices are rising in trading on Tuesday against the background of hopes of demand recovery, after restrictions imposed in connection with the coronavirus pandemic are lifted