Oil & Gas

Wood Mackenzie says what TANAP needs for future expansion

Any source for the expansion of the Trans Anatolian Natural Gas Pipeline (TANAP) will need the right combination of timing, political support and commercial attractiveness, Ashley Sherman, Principal Research Analyst – Caspian at UK-based Wood Mackenzie, a global energy, chemicals, renewables, metals and mining research and consultancy group told Trend.
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World oil prices fall

World oil prices show mixed dynamics on Friday, as investors react to news about delays in deliveries from Venezuela and wait for statistics on drilling activity in the U.S.
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Azerbaijani oil prices up

The price of the AZERI LT CIF oil, produced at the Azeri-Chirag-Guneshli block of oil and gas fields, amounted to $78.02 per barrel at the Italian port of Augusta on June 7, that is $1.89 more than on June 6, a source on Azerbaijan’s oil and gas market told Trend June 8.
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World oil prices rise

Oil prices on June 6 grow on the data of the American Petroleum Institute (API) on the reduction of reserves in the U.S. and on the expectations of increasing production by the OPEC + countries.
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