BP plans to explore for new oil fields in the Azeri Caspian Sea, BP's upstream chief Gordon Birrell told Reuters.

In metal cages next to Azerbaijan’s Aquatic Palace sporting venue are pumpjacks — a sign says they extract just over 2 tons of oil a day. Others pump away elsewhere, sucking up oil in view of ...

Despite having vast renewable energy potential, Azerbaijan's energy sector remains heavily reliant on oil and gas due to government prioritization and existing state-controlled monopolies.

BAKU, Azerbaijan, March 2. Azerbaijan's oil production is projected to reach 0.63 million barrels per day (mb/d) in 2025, the International Energy Agency (IEA) told Trend. As such, the IEA has ...

For example, if Azerbaijan pumps gas, then, depending on market conditions ... said that he expected Ukraine to cooperate in importing oil and gas to Slovakia. “Our obligation is to ensure ...