Azerbaijan's Jan-April Oil Output Flat
Azerbaijan's oil and gas condensate output was flat in January-April at 12.4 million tonnes compared with 12.44 million tonnes in the same period last year, the Energy Ministry…
BP's Azerbaijan Output Drops
BP said on Tuesday that oil output at its projects in Azerbaijan declined to 524,000 barrels per day (bpd) in the first quarter of 2020 from 571,000 bpd a year earlier.Associated gas output at the Azeri-Chirag-Guneshli (
Oil Shipments from Georgia's Batumi Port Drop
Oil and oil-related shipments from Georgia's Black Sea port of Batumi dropped 24 percent in the first four months of 2019 from a year earlier, an official at a KazMunaiGas-operated…
BP Producing 588,000 BPD in Azerbaijan
Oil output at the BP-led Azeri-Chirag-Guneshli oilfields in Azerbaijan totalled 588,000 barrels per day in the January to September period, BP-Azerbaijan said on Wednesday.(Reporting by Nailia Bagirova; Writing by Margar
SOCAR's New Oil Refinery in Turkey to Start Up Next Week
Azeri state energy company SOCAR plans to start up its new oil refinery in Turkey next week, a spokeswoman at SOCAR's Turkish division said on Tuesday.The $6.3 billion Star refinery…
Azerbaijan's Jan-Aug Oil Exports via Turkey Pipeline Down
Azeri oil exports through the Baku-Tbilisi-Ceyhan (BTC) pipeline via Georgia and Turkey declined by 0.8 percent to 22.288 million tonnes in the first eight months of this year versus the same period in 2017, the State St
Oil Shipments From Georgia's Batumi Drop 45%
Oil and oil-related shipments from Georgia's Black Sea port of Batumi fell by 45.3 percent in the first eight months of 2018 from a year earlier, an official at the KazMunaiGas operated terminal said on Monday.Some crude
BP Says its Azeri Oil Output Rises
BP said on Wednesday that oil output at its projects in Azerbaijan rose to 596,000 barrels per day (bpd) in the first half of 2018 from 585,000 bpd a year earlier.In the first six months of 2018, the company produced 15
Jan-March Oil Shipments from Georgia's Batumi Down 54 pct
Oil and oil-related shipments from Georgia's Black Sea port of Batumi fell 53.7 percent between January and March from a year earlier, an official at the KazMunaiGas-operated terminal said on Wednesday.
OPEC Hopes for Oil Market Stability in 2018
OPEC Secretary-General Mohammad Barkindo said on Monday he hoped a global deal to reduce oil production would help restore stability to global oil markets in the course of the year…
BP Plans No Azeri Platform Shutdowns in 2018
British oil major BP, which operates a number of oil and gas fields in Azerbaijan, plans no maintenance shutdowns of platforms there this year and intends to advance with new projects…
Georgia to Build Natural Gas Storage, Coal-fired Power Plant
Georgia plans to build its first underground natural gas storage facility and construct a coal-fired power plant as part of moves to develop its energy sector. Georgia's state Oil…
Azerbaijan Oil Shipped via Russia Jumps in Jan-Oct
Azerbaijan's oil shipments via Russia jumped to 1.242 million tonnes in January-October from 978,240 tonnes a year earlier, state energy company SOCAR said on Thursday. The increase…
Total Postpones Investment Decision on Absheron Gas Field
French oil company Total has postponed an investment decision on development of the Absheron gas and condensate field in the Azeri sector of the Caspian Sea until spring 2018 from December…
Azerbaijan Ratifies Oil Deal with BP-led Consortium
Azerbaijan's parliament on Tuesday ratified a new oil field development contract between the Caucasus nation and a BP-led consortium. BP and Azerbaijan agreed in September to extend…
BP, SOCAR to Ink Caspian Sea Exploration Deal
Azeri state energy company SOCAR plans to sign a production-sharing agreement with BP to jointly explore prospects in a new block, D-230, in the North Absheron basin of the Caspian Sea before the end of 2017…
Azerbaijan to Cut Oil Shipments via Russia in 2018
Azeri state energy firm SOCAR plans to cut its oil shipments via Russia to 1.35 million tonnes next year from 1.5 million tonnes expected to be exported in 2017, a company official said on Thursday.
Oil Shipments from Georgia's Batumi Port Down by 34%
Oil and related shipments from Georgia's Black Sea port of Batumi are down by 33.9 percent in the first eight months of 2017, a senior official at the terminal, operated by Kazakh state firm KazMunaiGas, said on Friday.
Azerbaijan's Oil and Natural Gas Output Fall in First Half
Azerbaijan's oil production dropped by 9 percent year-on-year to 19.161 million tonnes in the first half of 2017, the country's State Statistics Committee said on Monday. Natural…
Azerbaijan's Oil Shipments via Russia on the Rise
Azerbaijan's oil shipments via Russia jumped to 818,664 tonnes in January-July this year from 559,065 tonnes in the same period last year, state oil company SOCAR said on Tuesday.
