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  • Fuel and Energy
  • item

    Shah Deniz capital expenditures exceed $1 bn for 2019

    In 2019, Shah Deniz spent about $544 million in operating expenditure and $1.1 billion in capital expenditure

    6 February - 16:58

  • item

    Over past 13 years BTC carried over 447 million tons of crude

    In 2019, BTC spent approximately $138 million in operating expenditure and about $44 million in capital expenditure

    6 February - 16:33

  • item

    About 263 million barrels of oil and condensate exported from Sangachal terminal in 2019

    In 2019 Sangachal terminal’s overall processing and export capacity for gas, including ACG associated gas, is around 100 million standard cubic metres per day

    6 February - 16:07

  • item

    BP published production volume from ACG

    BP has published a report on business operations for 2019

    6 February - 15:54

  • item

    Construction of next stage of ACG worth $6 bn starts

    About $567 million in operating expenditure and $1.476 million in capital expenditure were spent on ACG activities in 2019

    6 February - 15:26

  • item

    Chevron says about its big losses over past 10 years

    Oil company Chevron has unveiled its financial report for the last quarter of 2019

    6 February - 15:25

  • item

    Currently Azerbaijan is main supplier of electricity to Georgia

    Georgia started meeting the demand for electricity at the expense of Azerbaijan from the end of January, reports the Georgian Electricity Market Operator

    6 February - 12:49

  • item

    Oil prices continue growing steadily, Azeri Light rises by 2%

    Prices for oil of standard grades continue rising strongly on Thursday, after a jump on Wednesday

    6 February - 11:17

  • item

    SOCAR president: Turkey is our main market

    SOCAR president Rovnag Abdullayev told about work aimed at maintaining stable production

    5 February - 22:26

  • item

    SOCAR president Rovnag Abdullayev told about gas supplied to Armenian churches

    President of the State Oil Company of Azerbaijan Rovnag Abdullayev told about natural gas supplied to Armenian and Georgian churches in Georgia

    5 February - 13:00

  • item

    SOCAR president Rovnag Abdullayev: SOCAR sets up a new company

    SOCAR president Rovnag Abdullayev said that they established a new company and expect to attract for work in it the Azerbaijani specialists who have returned from Turkey

    5 February - 12:50

  • item

    Oil prices rise, and Azeri Light grows by $0.41

    Oil prices are rising on Wednesday after falling more than by 20% from their January`s peak

    5 February - 11:28

  • item

    LUKOIL declares preliminary results of production for 2019

    Growth of oil & gas production of LUKOIL (Russia) in 2019 is linked with the commissioning of Shah Deniz 2 in Azerbaijan in 2018

    4 February - 12:26

  • item

    Oil prices fall, and Brent crude by 3.8%

    Oil prices have moved to increase on Tuesday, after falling on Monday

    4 February - 11:09

  • item

    Oil prices change in different directions, Azeri Light falls by $1.2

    Oil prices are changing in different directions on Monday

    3 February - 10:55

  • item

    Azerbaijan and Ukraine sign a document on cooperation in oil & gas sector

    A meeting of the Azerbaijani-Ukrainian Working Group on Energy Cooperation was held in Kiev on 30 January

    31 January - 11:26

  • item

    Oil prices switch to rise after falling, Azeri Light falls by $1

    Azerbaijani oil Azeri Light fell in price by $1.07 up to 63.35 per barrel

    31 January - 11:04

  • item

    Oil prices decline on Thursday, while Azeri Light rises in price

    30 January - 11:42

  • item

    Oil prices rise, and Azeri Light grows by $1

    The price of Azeri Light oil rose by $1.09 up to 63.95 per barrel

    29 January - 11:20

  • item

    Rovnag Abdullayev goes to Ukraine to get acquainted with a number of facilities

    A regular meeting of the Azerbaijani-Ukrainian workgroup on cooperation in the energy sector and a roundtable with the participation of business circles will be held on 30 January

    28 January - 11:53

  • item

    Oil falls in price, Azeri Light declined by $1.5

    The price of Azeri Light oil dropped by $1.51 to $62.86 per barrel

    28 January - 11:11

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