AZERBAIJAN STATE
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The International Energy Agency (IEA) is reducing its 2019 oil demand forecast due to a slowing global economy amid a U.S.-China trade spat, its executive director said on Thursday, Reuters reports ...

Oil & gas 2019-07-19 14:42:00

Azerbaijani oil price has decreased on the world markets. The price of a barrel of Azeri Light crude oil fell $2.45 to stand at $63.72 ...

Oil & gas 2019-07-19 12:51:00

Oil prices have increased on the world markets. On London ICE (InterContinental Exchange Futures) cost of the Brent crude oil increased $0.94 to trade at $62.87 while the price ...

Oil & gas 2019-07-19 11:18:00

Azerbaijani oil price has decreased on the world markets. The price of a barrel of Azeri Light crude oil fell $2.39 to stand at $66.17 ...

Oil & gas 2019-07-18 13:25:00

In January-June, about 16 million tons of oil was transported via Baku-Tbilisi-Ceyhan pipeline (BTC), State Statistics Committee said. In general, 81 percent of transportation was carried out by the Baku-Tbilisi-Ceyhan ...

Oil & gas 2019-07-18 11:25:00

On London ICE (InterContinental Exchange Futures) cost of the Brent crude oil increased $0.06 to trade at $63.72. The price of Light crude oil at the NYMEX (New York Mercantile Exchange) decreased $0.09 to stand ...

Oil & gas 2019-07-18 10:46:00

Oil prices have increased on the world markets. On London ICE (InterContinental Exchange Futures) cost of the Brent crude oil increased $0.26 to trade at $64.41 while the price ...

Oil & gas 2019-07-17 13:17:00

Azerbaijan produced 18,799,3 tons of crude oil (including gas condensate) and 17,312,2 cubic meters of natural gas in the first half of 2019, according to the State Statistical Committee. The volume of marketable production of natural gas totalled to 11 ...

Oil & gas 2019-07-17 12:34:00

Azerbaijani oil price has decreased on the world markets. The price of a barrel of Azeri Light crude oil fell $0.19 to stand at $68.56 ...

Oil & gas 2019-07-17 11:34:00

On London ICE (InterContinental Exchange Futures) cost of the Brent crude oil rose $0.02 to trade at $66.50. The price of Light crude oil at the NYMEX (New York Mercantile Exchange) decreased $0.04 to stand at $59.54 ...

Oil & gas 2019-07-16 12:49:00

President of State Oil Company of Azerbaijan Republic (SOCAR) Rovnag Abdullayev has met with a delegation led by Vice Chairman of Emirates National Oil Company ENOC Sheikh Saeed Mohammed Al Tayer to discuss opportunities for investment ...

Oil & gas 2019-07-16 11:20:00

Azerbaijani oil price has increased on the world markets. The price of a barrel of Azeri Light crude oil rose $0.05 to stand at $68.75 ...

Oil & gas 2019-07-16 10:50:00

Azpetrol ltd LLC has become a partner of the 9th International Caspian Energy Forum Baku – 2019 which will be held at Azerbaijan’s capital on September 19. The 9th International Caspian Energy Forum Baku – 2019 is dedicated to the 25th ...

Oil & gas 2019-07-15 14:58:00

Oil prices have decreased on the world markets. On London ICE (InterContinental Exchange Futures) cost of the Brent crude oil fell $0.16 to trade at $66.56 while the price of Light crude oil at the NYMEX (New York Mercantile Exchange) decreased $0.27 to stand at $59.94 ...

Oil & gas 2019-07-15 10:42:00

Azerbaijani oil price has decreased on the world markets. The price of a barrel of Azeri Light crude oil fell $0.13 to stand at $68.70 ...

Oil & gas 2019-07-13 17:59:00

The team behind the BP’s Shah Deniz 2 project have been awarded the Royal Academy of Engineering’s 2019 Major Project Award for their collaboration to deliver this complex major offshore, onshore and pipeline gas development project. The award was presented ...

Oil & gas 2019-07-13 14:40:00

Oil prices have increased on the world markets. On London ICE (InterContinental Exchange Futures) cost of the Brent crude oil rose $0.20 to trade at $66.72 while the price of ...

Oil & gas 2019-07-13 11:04:00

The Extractive Industries Transparency Commission (EITC) has held its next meeting at the State Oil Fund of the Republic of Azerbaijan (SOFAZ) with the participation of representatives of civil society, local and foreign extractive companies operating in Azerbaijan and international organizations ...

Oil & gas 2019-07-13 10:26:00

In June, crude oil production in the Organization of Petroleum Exporting Countries (OPEC) fell by 90,000 barrels stand at 29 million 910,000 barrels per day. According to the monthly report of the International Energy Agency (IEA) on the oil market, in June, the total production of OPEC was 35 million 480 thousand barrels per day ...

Oil & gas 2019-07-12 15:24:00

Global oil supply increased by 300 thousand barrels per day to 100.28 million barrels per day (mbpd), topping the 100 mb/d mark for the first time since January, according to data from the International Energy Agency (IEA), Anadolu Agency reports ...

Oil & gas 2019-07-12 15:23:00