BP to Expand Investment Opportunities in Caspian Region

Baku: BP plans to expand its investment opportunities in the Caspian region, said Russell Morrice, BP’s vice president wells, Azerbaijan, Georgia, and Trkiye region, at the “IADC Drilling Caspian 2025” drilling conference held in Baku, APA-Economics r…

Oil Prices Experience Modest Increase on Global Markets

London: During trading on the ICE London Intercontinental Exchange, the price of the April 2025 Brent crude oil contract for export increased by 0.11% to $74.69 per barrel. The price of a barrel of WTI crude oil for export in March this year on the NY…

SOFAZ’s Revenues from Equity Portfolio Announced

Baku: The revenue from the equity portfolio of the State Oil Fund of Azerbaijan (SOFAZ) amounted to $6.3 billion by the end of 2024, which is a 1.5% decrease compared to the third quarter of the previous year, SOFAZ said in response to APA’s inquiry.
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