The Trans Adriatic Pipeline (TAP) marked the start of construction works for the 105km offshore pipeline section, said a message from TAP AG consortium.

The company to commence the well 328 located on the Platform 7.

Proportion of coal in the global fuel mix has remained unchanged over 20 years, Bob Dudley, group chief executive of BP, said during the One Young World Summit.

STAR refinery is an important regional energy security cooperation project, Deputy Head of the Foreign Policy Department of the Azerbaijani Presidential Administration Hikmat Hajiyev said in an interview with TRT World.

The price of the AZERI LT CIF oil, produced at the Azeri-Chirag-Gunashli block of oil and gas fields, amounted to $80.51 per barrel at the Italian port of Augusta on Oct. 18, or $0.34 less than on Oct. 17, a source in Azerbaijan's oil and gas market told Trend Oct. 19.

The commissioning of the STAR refinery will allow Turkey save $1.5 billion annually, the Ministry of Energy and Natural Resources of Turkey told Trend.

The International Association nominates SOCAR AQS as an 'Exemplary Training Company of the Year' for the Student Internship Program.

The price of the AZERI LT CIF oil, produced at the Azeri-Chirag-Gunashli block of oil and gas fields, amounted to $80.85 per barrel at the Italian port of Augusta on Oct. 17, or $0.84 less than on Oct. 16, a source in Azerbaijan's oil and gas market told Trend Oct. 18.

Oil inched up amid ongoing tensions over the death of a prominent Saudi journalist, with prices steadying after a big drop overnight due to a jump in U.S. crude stockpiles, Reuters reports.

The price of the AZERI LT CIF oil, produced at the Azeri-Chirag-Gunashli block of oil and gas fields, amounted to $81.69 per barrel at the Italian port of Augusta on Oct. 16, or $0.12 less than on Oct. 15, a source in Azerbaijan's oil and gas market told Trend Oct. 17.

The cooperation between Azerbaijan and Turkey in the field of energy totals decades.

The forecast on production for Azerbaijan this year has not changed, Bakhtiyar Aslanbayli, BP’s Vice President for Communications, External Affairs and Strategy, said on October 15.

Recently, the latest meeting of the Caspian Chapter of the International Association of Drilling Contractors (IADC) was held in Baku.

Italy’s Saipem company has been awarded a contract for the development of Azerbaijan’s Absheron gas field, said a message from the company.

The Trans Adriatic Pipeline (TAP) project, which envisages transportation of Azerbaijani gas to Europe, allows for diversification of supply paths in Europe and thus benefits Switzerland, Swiss Federal Council told Trend.

Average price of AZERI LT CIF, extracted at Azerbaijan's Azeri-Chirag-Gunashli block of fields, was $84.27 per barrel on Oct. 8-12 or $2.59 less than the previous week.

The price of the AZERI LT CIF oil, produced at the Azeri-Chirag-Gunashli block of oil and gas fields, amounted to $82 per barrel at the Italian port of Augusta on Oct. 12, or $0.45 less than on Oct. 11, a source in Azerbaijan's oil and gas market told Trend Oct. 13.

Russian company Gazprom and the Azerbaijani state oil company SOCAR discussed the issues concerning gas supplies to Azerbaijan.

OPEC spare capacity fell below 1.4 million barrels per day (b/d) in September, the lowest level since December 2016 when global oil inventory levels were much higher, the US Energy Information Administration (EIA) said in its October Short-Term Energy Outlook (STEO).

The Azerbaijani parliament approved the agreement concluded between the Azerbaijani state company SOCAR and British BP on production sharing for joint exploration and development on the D230 block in the North Absheron in the Azerbaijani sector of the Caspian Sea.

OPEC crude oil production rose by 100,000 barrels per day in September to a one-year high of 32.78 million barrels per day (mb/d.), the International Energy Agency said in its Monthly Oil Market Report.

Azerbaijan revealed the volumes of exported oil and gas during January-September 2018.

The official opening ceremony of STAR refinery, owned by the Azerbaijani state oil company SOCAR, is scheduled for October 19, the Turkish media reported on Oct. 12.

Azerbaijan will deliver one-third of Bulgaria’s gas demand, said Azerbaijan’s ambassador to Bulgaria Nargiz Gurbanova during the John Batchelor Radio Show.

The price of the AZERI LT CIF oil, produced at the Azeri-Chirag-Gunashli block of oil and gas fields, amounted to $82.45 per barrel at the Italian port of Augusta on Oct. 11, or $2.69 less than on Oct. 10, a source in Azerbaijan's oil and gas market told Trend Oct. 12.