BAKU, Azerbaijan, January 24. bp plans to begin production of the first deep gas from the Azeri-Chirag-Gunashli (ACG) field ...

BAKU, Azerbaijan, February 1. The State Oil Company of Azerbaijan Republic (SOCAR) has initiated its first onshore airborne gravity research project in collaboration with the renowned UK-based company ...

accounts for more than half of national production of crude oil, according to BP's operating figures for the first quarter of ...

Located in the South Caucasus region, Azerbaijan became the site of the world's first industrially drilled oil well in 1847. By 1899 it produced half of the volume of the world's oil. With a large ...

As the world begins its slow but inevitable transition away from oil, many established businesses are being ... in order to become more competitive. Azerbaijan has emerged as a perfect example of this ...

"The first low-pressure gas production from the Shah Deniz Alpha platform is scheduled for June-July 2029, and from the Shah Deniz Bravo platform in April-May 2030," BP-Azerbaijan said.