logo
Archive

Category: Azerbaijan

Chevron BTC Pipeline closes office in Azerbaijan

Chevron BTC Pipeline (a division of the American Chevron in the Baku-Tbilisi-Ceyhan oil pipeline project) announced the liquidation of its representative office in Azerbaijan. In…

Fired Vice Presidents of SOCAR are awarded Honorary Oil Worker Badge

A meeting with the vice-presidents of the company, who were dismissed on July 19 by the relevant orders of the President of Azerbaijan, took place…

Restructuring at the State Oil Company of Azerbaijan

On July 19, despite the holiday, President of Azerbaijan Ilham Aliyev signed orders on dismissal of anumber of high-ranking employees of SOCAR (State Oil Company of Azerbaijan) from their posts….

Ilham Aliyev predicts growth of Azerbaijani gas supplies to Europe

The volume of Azerbaijani gas exports to the European market will increase, stated the President of Azerbaijan Ilham Aliyev in Baku during a joint press conference…

OPEC raises forecast on Azerbaijan’s oil production

The Organization of the Petroleum Exporting Countries (OPEC) has increased its forecast for the average daily production of oil and other liquid hydrocarbons in Azerbaijan…

BP has not changed data on Azerbaijan’s proven oil reserves for 19 years

The confirmed oil reserves in Azerbaijan at the end of 2020 are estimated at 1 billion tons (7 billion barrels), and Azerbaijan’s share in the…

President of Azerbaijan received some powers related to renewable energy

The President of Azerbaijan approved the law “On the use of renewable energy sources (RES).” The text of the law was published on July 12…

Azerbaijan fulfills commitments under OPEC+ deal in June

Azerbaijan fulfilled its commitments under the OPEC+ deal in June 2021. The volume of oil production (including condensate) in the country amounted to 705,100 barrels, Report informs…

SOCAR publishes average cost of Azerbaijani oil

The average price of the Azeri Light brand oil on the terms of CIF delivery in the first half of 2021 was $ 65.43 per barrel, the official representative of SOCAR Ibrahim…

BP starts gas production in the southeastern flank of the Shah Deniz field

BP has started gas production in the southeastern flank of the Shah Deniz field as part of the Stage 2 project, the message of BP-Azerbaijan Company (technical operator…

0

Your Cart