Oil & Gas

Gas production increases in Azerbaijan

Azerbaijan produced about 2.7 billion standard cubic meters (bcm) of gas and 0.6 million tons (about 5 million barrels) of condensate at the Shah Deniz field in January-March 2018 compared to 2.4 billion cubic meters of gas and 0.6 million tons of condensate in the same period last year, reads the BP report on its activity in Azerbaijan for the first quarter of 2018.
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Oil prices rush down

World oil prices decline on Wednesday morning after the release of data from the American Petroleum Institute (API) on the unexpected growth of stocks of this raw material in the U.S.
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