Latest news
Baku-Tbilisi-Ceyhan pipeline delivers 3.3 bbl of oil
Baku-Tbilisi-Ceyhan (BTC) oil pipeline delivered 3.3 billion barrels of Azeri oil since it became operational in 2006, from Ceyhan marine terminal in the Adana province of southern Turkey to the international oil markets, according to data from Turkey's petroleum pipeline corporation BOTAS.
read more... 17/10/2019
Iran: Gas field discovered with $40 billion worth of reserves
A new gas field with 13,000 billion cubic feet of recoverable reserve and 385 million barrels of condensate, valued at $40 billion, has been discovered in Fars province, southern Iran.
read more... 15/10/2019
Equinor sees Johan Sverdrup oil field output rising to 660,000 bpd by 2022
Output from Equinor ASA’s new Johan Sverdrup oil field in the North Sea will rise to 660,000 barrels per day (bpd) by 2022, from 440,000 bpd at the end of this year, a company executive said on Monday.
read more... 09/09/2019
Russian oil output falls to near 3-yr low in early July - sources
Russian oil production fell close to a three-year low in early July, to 10.79 million barrels per day (bpd), dragged down by declining output at Rosneft , the country’s largest oil producer, industry sources told Reuters on Tuesday.
read more... 10/07/2019
Azerbaijan increases oil production in May, fulfills OPEC obligations
Azerbaijan increased oil production from 683,000 barrels per day in April to 776,000 barrels per day in May, while the country fulfils its obligations under the OPEC + deal, Trendreports referring to the Azerbaijani Energy Ministry.
read more... 12/06/2019