Azerbaijan
Earlier this year, Petronas decided to sell its 15.5 percent stake in the project.
Dec 14, 2021
Dec 14, 2021
Azerbaijan mainly produces oil on its major Azeri-Chirag-Guneshli (ACG) oilfields, the largest oil field block in Azerbaijan developed by a BP-led international consortium.
Dec 14, 2021
BP said that it had acquired the 1.16 percent stake from Malaysia's Petronas for $168 million.
Dec 13, 2021
Dec 10, 2021
Development of the Azeri-Chirag-Guneshli (ACG) oilfields and giant Shah Deniz gas field are the main energy projects in Azerbaijan.
Dec 9, 2021
Azerbaijan forecasts to produce 22.8 bcm in 2022 at the Shah Deniz offshore field, Oil and condensate production at the ACG bloc is projected at 170.1 million barrels.
Dec 8, 2021
The 200,000-barrel-per-day STAR refinery controlled by SOCAR was launched in 2018. The facility on Turkey’s Aegean coast processed 10.5 million tonnes of oil in 2020.
Dec 8, 2021
The state budget for 2022 projects revenues at 26.816 billion manats ($15.774 billion) and expenses - at 29.879 billion manats.
Dec 7, 2021
Azerbaijan’s Energy Ministry welcomed the decision and is now scheduled to produce 661,000 bpd in January.
Dec 6, 2021