Energy - 2020
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In connection with the fulfillment of obligations to OPEC in May 2020 to reduce crude oil production (without condensate), the average daily production of “black gold” by Azerbaijan in the last month...
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Baku/10.06.20/ Turan: The Turkish state pipeline company BOTAŞ has announced a tender to select a company that will conduct research and engineering as part of the construction of the Igdir-Nakhchivan...
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Baku/10.06.20/ Turan: Oil production in Azerbaijan in May 2020 amounted to 557.2 thousand bpd against the April indicator of 679.8 thousand bpd, the Ministry of Energy reports."The daily oil productio...
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Baku/10.06.20/ Turan: The construction of the Trans-Adriatic Pipeline (TAP) section across the Adriatic Sea with a length of 105 kilometers has been successfully completed, the TAP AG consortium repor...
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Baku/10.06.20/ Turan: US Department of Energy raised its forecast for Brent crude oil by 2020 by 11.4%, to $ 38.02 per barrel, the US Energy Department’s Energy Information (EIA) report said, TASS rep...
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Baku/10.06.20/ Turan: The international rating agency Fitch considers it unlikely that oil prices will drop significantly below $ 30 per barrel. This is stated in the press release of the agency."We b...
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Baku/10.06.20/ Turan: BP Plc will cut 10,000 jobs to save on costs in the pandemic and falling oil prices, the Financial Times writes.BP CEO Bernard Looney said in an address to employees on June 8 th...






