Energy - 2018
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Baku/31.10.18/ Turan: Oil prices may drop to $ 50 a barrel by the end of this year, despite US sanctions on Iran"s oil sector, which should be introduced in November. This was announced by BP Finance...
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Baku/31.10.18/ Turan: Oil and gas companies operating in Azerbaijan under Production Sharing Agreements (PSA) paid income tax to the state budget in the amount of AZN 804,199,000 in January-August 201...
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Baku/31.10.18/ Turan: In January-August 2018 Azerbaijan exported 4,460.3 million cubic meters (mcm) of gas from the Shah-Deniz field to Turkey, which is 4.4% higher than the same period last year, acc...
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Baku/31.10.18/ Turan: The Ministry of Energy of Azerbaijan plans to prepare a draft law on renewable and alternative energy sources within six months, Deputy Minister of Energy Samir Veliyev said"Over...
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Baku/31.10.18/ Turan: Azerbaijan has invested about $ 15 billion in the Turkish economy, Foreign Minister Elmar Mammadyarov said in Istanbul."Azerbaijan"s direct investments in Turkey amount to $ 15 b...
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Baku/31.10.18/ Turan: Turkey will start oil and gas exploration in the Mediterranean, Turkish media write on Tuesday. It is reported that a new seismic survey vessel, the Fatih, was launched to start...
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Baku/31.10.18/ Turan: BP Plc more than doubled its profit in the third quarter of 2018 and increased its revenue by a third.According to the company, the adjusted cost of replacement of reserves (repl...
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Baku/31.10.18/ Turan: Libyan oil and gas revenues in August fell by $ 639 million compared to the previous month to $ 1.57 billion, the Tripoli-based Libyan National Oil Corporation (NOC) official rep...
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Baku/29.10.18/ Turan: We have excellent working relations with the Azerbaijani side. This was stated by Alexander Medvedev, Deputy Chairman of the Board of Gazprom, in an interview with the Gazprom ma...
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Baku/29.10.18/ Turan: The total oil production in Azerbaijan in 2020-2022 will be 116 million 993.7 thousand tons.According to government forecasts, indicated in the budget package, in 2020 the volume...
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Baku/29.10.18/ Turan: The Azerbaijani government predicts diesel fuel production in 2018 at the level of 1 million 946.8 thousand tons, which is 5.3% more than in 2017.According to forecasts, indicate...
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Baku/29.10.18/ Turan: Dragon Oil, a subsidiary of the Dubai energy group Emirates National Oil Company (ENOC), will invest $ 13 billion in the development of existing projects in the next decade and i...
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Baku/29.10.18/ Turan: For the first 9 months of 2018 Total increased its consolidated net profit by 37% to $ 10.37 billion, the company said.The profit per share was $ 3.87 versus $ 2.98 a year earlie...
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Baku/29.10.18/ Turan: Gazprom has built 95% of the offshore section of the Turkish Stream gas pipeline, the company said in a press release."To date, 1,775 km of pipes have been laid in total along bo...
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Italian Prime Minister Giuseppe Conte gave Italy"s final approval to the Trans Adriatic Pipeline (TAP), Reuters reported."It"s no longer possible to intervene in this project, which was planned by pre...
