Energy - 2020
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Baku/13.05.20/ Turan: The daily oil production for April 2020 amounted to 771.4 thousand barrels.According to the Azerbaijani Ministry of Energy, of this amount, 679.8 thousand barrels came from crude...
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Baku/13.05.20/ Turan: Oil production at the block of Azeri-Chirag-Gunashli (ACG) fields exceeded 48 million barrels (6.4 million tons) in the 1st quarter of 2020. This is stated in the report of BP-Az...
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Baku/13.05.20/ Turan: The costs of the Shah Deniz consortium as part of the development of this field in Q1, 2020 amounted to $ 438 million, which is 4.4% lower than the same period in 2019, BP-Azerba...
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Baku/13.05.20/ Turan: BP-Azerbaijan transferred 700 mcm of associated gas to the State Oil Company of Azerbaijan in the first quarter of 2020 as part of the development of the Azeri-Chirag-Gunashli (A...
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Baku/13.05.20/ Turan: The head of BP, Bernard Looney, allowed a decrease in world oil demand after the Corona Virus pandemic, Financial Times reported.“The likelihood that oil will become less in dema...
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Baku/13.05.20/ Turan: Saudi Aramco received $ 16.7 billion in net profit in Q1, which is 1.3 times less than in 2019, the company reports.The decrease in profit was due to a drop in oil prices, a decr...
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Baku/13.05.20/ Turan: The average price of Brent oil in 2020 will be $ 34.1 per barrel compared with the April forecast of $ 33 per barrel, the US Department of Energy’s Energy Information Administrat...
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Baku/13.05.20/ Turan: The number of operating oil and gas drilling rigs in the world fell to a minimum of 3.5 years (since July 2016) in April, data from the American oil service company Baker Hughes...







