BP has reported that oil and gas production was down for the first half of 2011 year-on-year on the back of weaker gas demand and a disruptive infrastructure improvement program.
The Gazprom headquarters hosted today a working meeting between Alexey Miller, Chairman of the Company's Management Committee and Rovnag Abdullayev, President of the State Oil Company of Azerbaijan Republic (SOCAR).
On May 6, the Parliament of the Republic of Azerbaijan ratified the new production sharing agreement (PSA) between BP and SOCAR on joint exploration and development of the Shafag-Asiman structure in the Azerbaijan sector of the Caspian Sea.
Kiev and Baku are in negotiations to increase supplies of Azerbaijani crude to Ukraine, Ukrainian Deputy Prime Minister Andrey Klyuyev said during a news conference.
BAKU, Azerbaijan — Gazprom said Friday that it would double imports of Azeri gas next year, a move analysts said had no direct economic benefit but is seen by Moscow as key to maintaining its grip on Europe's gas market.
Transport of Turkmenistan crude via the main export pipeline, Baku-Tblisi-Ceyhan, began in July this year, BP-Azerbaijan reported according to Novosti-Azerbaijan.
Devon Energy Corporation (NYSE:DVN) today announced that it has completed the sale of its ACG field located offshore Azerbaijan in the Caspian Sea to BP for $2 billion. Devon’s current production from the ACG field is approximately 17 thousand barrels of oil per day.
The Odessa port has received a tanker carrying 60,000 tons of crude from Azerbaijan for Ukrtatnafta, a source in the facility reported to Russian media. "The vessel is waiting to be unloaded, while the preceding tanker finishes", the source said.
The Norwegian company Statoil, as the operator of the consortium operating the Shah-Deniz gas field in Azerbiajan, has initiated the start of bilateral negotiations with potential clients to deliver about 10 billion cubic meters of gas from the second phase of the project, 1news.az reported, citing the Wall Street Journal.
The Azerbaijani businessmen were presented the opportunities and prospects of the program of the European Union GSP + at a "How to export goods to EU?" seminar organized by the Economic Development Ministry and the European Union July 5.
Cape plc, the international provider of essential, non-mechanical industrial services principally to the energy and mineral resources sectors, has established a joint venture with the State Oil Company of Azerbaijan (SOCAR),the company reported in a news release.
BP Oil International LTD has announce the liquidation of its representative office in Azerbaijan (state registration number 1103-N1-1347, dated March 24, 2003), 1news.az reports citing the Azerbaijan state newspaper "Azerbaijan".
Ukraine plans to purchase up to 5 billion cubic meters of gas from Azerbaijan, Ukrainian Fuel and Energy Minister Yuriy Boyko said after negotiations with Azerbaijan which is building a liquified gas terminal with Romania and Bulgaria in Kulevi, Georgia, RBK-reports.
Azerbaijan's main oil export route, the Baku-Tbilisi-Ceyhan (BTC) pipeline, pumped 3.1 million tons of Azeri light crude produced on the Azeri-Chirag-Gunsheli block in Azerbaijan's section of the Caspian Sea, 1news.az reports citing information from the Azerbaijan state oil and Gas company (SOCAR).
The Gazprom headquarters hosted today a working meeting between .jpg)
Kiev and Baku are in negotiations to increase supplies of Azerbaijani crude to Ukraine, Ukrainian Deputy Prime Minister Andrey Klyuyev said during a news conference..jpg)
BAKU, Azerbaijan — Gazprom said Friday that it would double imports of Azeri gas next year, a move analysts said had no direct economic benefit but is seen by Moscow as key to maintaining its grip on Europe's gas market.
Transport of Turkmenistan crude via the main export pipeline, Baku-Tblisi-Ceyhan, began in July this year, BP-Azerbaijan reported according to Novosti-Azerbaijan.
Devon Energy Corporation (NYSE:DVN) today announced that it has completed the sale of its ACG field located offshore Azerbaijan in the Caspian Sea to BP for $2 billion. Devon’s current production from the ACG field is approximately 17 thousand barrels of oil per day.
The Odessa port has received a tanker carrying 60,000 tons of crude from Azerbaijan for Ukrtatnafta, a source in the facility reported to Russian media. "The vessel is waiting to be unloaded, while the preceding tanker finishes", the source said.
The Azerbaijan state oil and gas company (SOCAR) is successfully drilling in Gunsheli, the company reported in a news release.
The Norwegian company Statoil, as the operator of the consortium operating the Shah-Deniz gas field in Azerbiajan, has initiated the start of bilateral negotiations with potential clients to deliver about 10 billion cubic meters of gas from the second phase of the project, 1news.az reported, citing the Wall Street Journal.
The Azerbaijani businessmen were presented the opportunities and prospects of the program of the European Union GSP + at a "How to export goods to EU?" seminar organized by the Economic Development Ministry and the European Union July 5.
Cape plc, the international provider of essential, non-mechanical industrial services principally to the energy and mineral resources sectors, has established a joint venture with the State Oil Company of Azerbaijan (SOCAR),the company reported in a news release.
By mid-2011, Syria will begin receiving imported Azerbaijani gas, 1news.az reports.
Azerbaijani President Ilham Aliyev lent Belarus money to settle its debts with Russian state-run gas giant Gazprom.
BP Oil International LTD has announce the liquidation of its representative office in Azerbaijan (state registration number 1103-N1-1347, dated March 24, 2003), 1news.az reports citing the Azerbaijan state newspaper "Azerbaijan".
Ukraine plans to purchase up to 5 billion cubic meters of gas from Azerbaijan, Ukrainian Fuel and Energy Minister Yuriy Boyko said after negotiations with Azerbaijan which is building a liquified gas terminal with Romania and Bulgaria in Kulevi, Georgia, RBK-reports.
Iran intends to activate its relations with Azerbaijan in the gas sector, 1news.az has reported.
Azerbaijan's main oil export route, the Baku-Tbilisi-Ceyhan (BTC) pipeline, pumped 3.1 million tons of Azeri light crude produced on the Azeri-Chirag-Gunsheli block in Azerbaijan's section of the Caspian Sea, 1news.az reports citing information from the Azerbaijan state oil and Gas company (SOCAR).
