Nobel Oil supports children in need in Azerbaijan (PHOTO)

Nobel Oil, as part of its corporate social responsibility programme, supported children in need in Ganja, Azerbaijan, in partnership with SOS Children’s Villages. Nobel Oil has given SOS Children’s Village financial aid in order to provide sports equipment and musical instruments for deprived children. The gifts will be presented to celebrate Novruz, Azerbaijanis’ ancient spring festival. Visiting the SOS Children’s Village in Ganja, Michael Wring, … Continue reading Nobel Oil supports children in need in Azerbaijan (PHOTO)

Azerbaijan discloses investment in Turkish refinery project

State Oil Fund of the Republic of Azerbaijan (Sofaz) said it allocated just over 3% of its budget expenditures in 2013 for financing the construction of the 214,000-b/d Star Refinery planned in Aliaga, Turkey (OGJ Online, Dec. 14, 2010). Between January and December 2013, Sofaz allotted $474 million of its total budget expenditures of $15.7 billion to construction-related costs for the Star refining complex, the … Continue reading Azerbaijan discloses investment in Turkish refinery project

BP launches production at new oil platform in Azerbaijan’s largest field

BP, project operator for the development of the Azeri-Chirag-Guneshli offshore fields block, has commissioned the new West Chirag platform, a source in the Azerbaijani oil and gas market told Trend today. “The platform has already been commissioned, and oil production started there,” the source stressed. The new platform was constructed in the framework of the Chirag oil project, which envisages an increase in oil production … Continue reading BP launches production at new oil platform in Azerbaijan’s largest field