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 ...