British oil major BP plans to undertake 15-days of maintenance work on its West Azeri oil platform.

The state-owned International Bank of Azerbaijan (IBA) reported a net profit of 32.4 million manats ($19.1 million) in the first quarter of 2021, 36.5 percent less than in the same period last year.

Azerbaijan’s State energy firm SOCAR plans to boost the annual capacity of its Turkey Aegean Refinery (STAR) refinery in Turkey to 11.5 million tonnes.