Energy - 2020
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Baku/29.04.20/ Turan: Oil prices of reference grades moved up during trading on Tuesday.The cost of June Brent futures on the London ICE Futures exchange was $ 20.65 per barrel, which is 3.25% ($ 0.66...
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Baku/29.04.20/ Turan: BP is discussing with the Azerbaijani government the possibility of maintaining profitability under various scenarios of low oil prices.Bakhtiyar Aslanbeyli, Vice President of BP...
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Baku/29.04.20/ Turan: The cost of a barrel of Azeri Light CIF Azerbaijani oil in the world market fell by 2.35 US dollars or 12.63%.According to SOCAR, yesterday a batch of Azeri Light oil was sold at...
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Baku/29.04.20/ Turan: Georgia for the second time since the beginning of the year revised its forecast for gas balance for the current year.Now gas import is planned in the amount of 2 billion 595.9 m...
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Baku/29.04.20/ Turan: The Ministry of Energy of the Russian Federation expects an average oil price of about $ 30 per barrel in 2020. It does not expect that the current crisis of oil overproduction w...
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Baku/29.04.20/ Turan: The state can support oil and gas companies that have suffered because of the Corona Virus - this support will be discussed at a meeting with President Vladimir Putin in the near...
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Baku/29.04.20/ Turan: The freight cost of large-capacity oil product tankers has skyrocketed, as oil refineries rent them to store surplus products in the face of falling demand due to the pandemic, w...
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Baku/29.04.20/ Turan: BP Plc ended the first quarter with a loss due to falling oil prices and weakening demand.According to her press release, excluding one-time factors, the company's quarterly prof...
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Baku/29.04.20/ Turan: Production of the first gas from the Absheron field in the Azerbaijani sector of the Caspian will begin in 2021, Azerbaijani President Ilham Aliyev said.“Natural gas will remain...
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Baku/27.04.20/ Turan: In order to fulfill obligations to reduce production under the OPEC + agreement, Azerbaijan will sharply reduce production for the first time since May at the block of Azeri-Chir...
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Baku/27.04.20/ Turan: So far, Sumgayit has been provided with gas from one line. This was stated by President Ilham Aliyev on April 24 at the opening of the main gas pipeline laid from the village of...
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Baku/27.04.20/ Turan: The liquid reserves of the National Welfare Fund (NWF) of the Ministry of Finance can be exhausted in just over two years, if all this time Russian Urals oil costs $ 15 per barre...
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Baku/27.04.20/ Turan: LUKoil can continue to work comfortably in Russia with an oil price of $ 9-11 per barrel. This was announced by the company’s President Vagit Alekperov on the Russia-1 television...
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Baku/27.04.20/ Turan: Saudi Aramco began a gradual reduction in oil production in order to reach the production level agreed upon by the new OPEC + deal by the end of April. It is reported by Bloomber...
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Baku/27.04.20/ Turan: The Organization of Petroleum Exporting Countries (OPEC) expects that the price of a barrel of crude oil by mid-2020 will be about $ 40. This was announced on April 26 by the Min...
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Baku/24.04.20/ Turan: Georgia, satisfying its 100% demand for oil products through imports, delivered 244.4 thousand tons of gasoline and diesel fuel in January-March 2020, which is 5.1% more than in...















