Post Tagged with: "Azerbaijan"

Source: CNBC

Deadly Armenia-Azerbaijan clashes unlikely to cause an oil spike, analyst says


Deadly clashes between Armenia and Azerbaijan are unlikely to result in major disruptions to energy production and supplies, analysts say, despite the region being a critical corridor for pipelines transporting oil and gas to the global markets.

“There is …

September 28, 2020 - 10:30 am Closing Bell Story‎, Crude Oil News, Energy News, International
Source: Reuters

Exclusive: Exxon revives sale of stake in giant Azeri oilfield


LONDON – Exxon Mobil (XOM.N) has relaunched the sale of its stake in Azerbaijan’s largest oilfield, the company said on Tuesday, as banking and industry sources said the move was drawing interest from large Asian oil and …

Source: BP Offshore Azerbaijan

BP Thinks It’s Sitting on Another Giant Gas Field in the Caspian

From Bloomberg

BP Plc and its partners just spent $28 billion bringing a giant natural gas project in Azerbaijan online, and that may only be the start.

The British oil major intends to drill six new exploration wells in the …

January 10, 2019 - 4:56 pm Closing Bell Story‎, Energy News, Natural Gas News
Source: BP Offshore Azerbaijan

Exxon, Chevron Seek To Exit Azerbaijan’s Oil After 25 Years: Reuters

From Reuters

Exxon Mobil and Chevron are seeking to sell their stakes in Azerbaijan’s largest oilfield, marking the retreat of the U.S. majors from the former Soviet state after 25 years as they re-focus on domestic production.

Exxon is hoping …

New Pipeline will Triple Azerbaijan’s NatGas Piped to Europe, Avoiding Russia

New Pipeline will Triple Azerbaijan’s NatGas Piped to Europe, Avoiding Russia

303 mile pipeline expansion in Azerbaijan is the first leg of a 1,993 mile journey to southern Europe

Construction or preliminary work has begun on three pipelines designed to flow natural gas supplies from Azerbaijan to consumers in Turkey, Bulgaria, …

October 14, 2015 - 12:29 pm International, Midstream, Oil and Gas 360 Articles