London: The price for the January 2025 agreement on the exportation of Brent crude oil has increased by 0.09% to stand at USD 75.15 for a barrel during trade operations held in ICE London Intercontinental Exchange, APA-Economics reports. The price of the WTI brand has increased by 0.07% to stand at USD 71.52 by exporting … Read more
NEW YORK: The price of futures quotes for natural gas at the NYMEX (New York Mercantile Exchange) has increased, APA-Economics reports. The natural gas price rose by 0.36% to $2.797 per 1 million BTU (British thermal unit). According to Azeri-Press News Agency, this increase reflects the current market dynamics and supply-demand considerations impacting the energy … Read more
BAKU: Azeri Light (CIF) branded Azerbaijani oil has increased in world markets, APA-Economics reports. The price of Azerbaijani oil per barrel increased by 1.39 US dollars or 1.86% to 76.19 US dollars. According to Azeri-Press News Agency, the previous price of Azerbaijani oil was 74.8 dollars.
BAKU: The volume of gas delivered by Azeri-Chirag-Guneshli (ACG) to the state of Azerbaijan has seen a significant increase of 20% in the first three quarters of 2024. ACG delivered an average of around 6.5 million cubic metres per day of ACG-associated gas, totaling 1.8 billion cubic metres. The primary delivery points were the Sangachal … Read more
Baku: President Ilham Aliyev has issued a stark warning about the serious threats posed by global environmental problems to the existence and future of humanity. In his address to the participants of the Global Summit of Religious Leaders, which convened under the slogan ‘World Religions for a Green Planet,’ he highlighted critical issues such as … Read more
Baku: In the first three quarters of 2024, approximately USD 1.37 billion was spent on activities related to the “Azeri-Chirag-Gunashli” (ACG) oil and gas fields block, this was reflected on the report dedicated to the results of the first third quarter of the current year on the activities of the bp company in Azerbaijan. bp … Read more
Baku: More than USD 2 billion were spent on the “Shah Deniz” field this year. During the first three quarters of this year, approximately 2,362 million US dollars were spent on the activities of the “Shahdeniz” gas-condensate field located in the Azerbaijani sector of the Caspian Sea, APA-Economics reports citing BP. According to Azeri-Press News … Read more
Baku: In the first three quarters of 2024, Baku-Tbilisi-Ceyhan (BTC) Co. spent $104 million in operating expenditure and $28 million in capital expenditure, APA-Economics reports citing BP’s third-quarter report on its operations in Azerbaijan for the current year. According to Azeri-Press News Agency, compared to the corresponding period of last year, operating expenditure for BTC … Read more
Baku: In the first three quarters of 2024, the South Caucasus Pipeline Company (SCPC) spent around $60 million in operating expenditure and about $13 million in capital expenditure in total, increasing 22.4% and 2.9 times, respectively, APA-Economics reports citing BP’s third-quarter report on its operations in Azerbaijan for the current year. According to Azeri-Press News … Read more
