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11.12.24 - 11:10
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Azerbaijan′s oil output fell by 4% in Jan-Nov, energy minister says (Reuters EN)
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UPDATE 1-Azerbaijan's oil output fell by 4% in Jan-Nov, energy minister says Consolidates new oil and gas data, adds comparative data BAKU, Dec 11 (Reuters) - Azerbaijan's oil output fell by 4.0% to 26.5 million tonnes in the first eleven months of 2024, down from 27.6 million tonnes a year earlier, Energy Minister Parviz Shahbazov said on Wednesday....
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09.12.24 - 08:09
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Equinor completes Nigeria, Azerbaijan asset sales of up to $2 billion (Reuters EN)
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Equinor completes Nigeria, Azerbaijan asset sales of up to $2 billion OSLO, Dec 9 (Reuters) - Equinor EQNR.OL has closed the planned sale of its assets in Nigeria and Azerbaijan for a total consideration of up to $2 billion, completing exits from the two countries after some 30 years, the Norwegian oil and gas firm said on Monday. The divestments, first announced in 2023 and completed in recent weeks, will boost cash flow in the fourth quarter and were in line with Equinor's strategy to optimise...
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03.12.24 - 17:01
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State Oil Fund of Azerbaijan increased sales on FX market to $574.6 mln in November (Reuters EN)
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State Oil Fund of Azerbaijan increased sales on FX market to $574.6 mln in November BAKU, Dec 3 (Reuters) - The State Oil Fund of Azerbaijan (SOFAZ) increased its sales of foreign currency at Central Bank (CBA) auctions in November 2024 to $574.6 million from $174.4 million in October, the bank reported on Tuesday. Since the start of 2024, SOFAZ has sold $6.275 billion in foreign currency to the Central Bank, compared to $2.7 billion in all of 2023. The State Oil Fund of Azerbaijan serves as the...
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29.11.24 - 12:58
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Azerbaijan reins in Kazakh drive to reduce oil transit via Russia (Reuters EN)
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Azerbaijan reins in Kazakh drive to reduce oil transit via Russia Kazakhstan trying to cut reliance on Russian oil transit CPC has been the main route for Kazakhstan's oil exports Kazakh oil quality issues an obstacle for BTC exports - SOCAR By Nailia Bagirova and Olesya Astakhova BAKU, Nov 28 (Reuters) - Azerbaijan said it would only be able to receive 2.2 million metric tons of Kazakhstan's oil into its pipeline each year as it has a high sulphur content, curbing Astana's efforts to reduce rel...
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25.11.24 - 21:10
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Azerbaijan says OPEC+ might consider oil cuts rollover at Dec. 1 meeting (Reuters EN)
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UPDATE 1-Azerbaijan says OPEC+ might consider oil cuts rollover at Dec. 1 meeting Azerbaijan sees oil output stable until 2030, minister says Azeri gas exports to Europe seen at 12.5 bcm/yr in 2024, 2025 Adds quote in paragraph 3 By Nailia Bagirova and Olesya Astakhova BAKU, Nov 25 (Reuters) - OPEC+ may consider leaving its current oil output cuts in place from Jan....
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23.10.24 - 12:57
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Trotz Klimagipfel mehr Ölproduktion: Kritik an Aserbaidschan (DPA-AFX)
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BERLIN (dpa-AFX) - Knapp drei Wochen vor der Weltklimakonferenz in Aserbaidschan kritisieren Klimaschützer, dass das Gastgeberland seine schädliche Gas- und Ölproduktion noch weiter ausbauen will. Die Umweltschutzorganisation Urgewald verwies auf Schätzungen ......
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