Energy - 2024
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In June 2024, daily oil production (including condensate) in Azerbaijan amounted to 80,585 tons, the Ministry of Energy of Azerbaijan reported. Of this volume, 65,597 tons were crude oil, and 14,988 t...
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In January-June 2024, oil and gas condensate production in Azerbaijan amounted to 14.4 million tons, by 5.3% less compared to the same period last year, the Ministry of Energy of the Republic of Aze...
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In January-June 2024, oil production at the Azeri-Chirag-Gunashli block of fields in Azerbaijan managed by BP decreased to 8.2 million tons from 9.1 million tons in the same period last year, the Min...
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In January-June 2024, 800 mcm of gas were produced from the “Absheron” gas condensate field, the Ministry of Energy of Azerbaijan reported. The production of the first gas from this field started on J...
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In January-June of 2024, Azerbaijan exported 6.4 bcm of natural gas to Europe, by 700 mcm or 12.3% more than the same period in 2023, according to Turan, citing information from the Ministry of Energy...
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BP Company announced the conclusion of a new contract for the operation and maintenance of the underwater construction vessel "Khankendi" to support operations in the Caspian Sea. The contract worth m...
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In January-June of this year, motor gasoline and diesel fuel worth 1 billion 557.8 million manats were sold to consumers in the retail trade network in Azerbaijan, this is by 5.9% more than in the sam...
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Azerbaijan and the United Kingdom discussed further steps for cooperation in the field of renewable energy, in particular the production of green hydrogen, energy efficiency and strengthening of elect...
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In July 2024, 140 thousand tons of Kazakh oil are to be transported via the port of Aktau in the direction of Baku, a source in “KazTransOil” JSC (the national operator of the main oil pipeline of Kaz...
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BP expects that the demand for oil in the world will remain at the same level until the end of this decade, and then it will begin to decline. By 2050, the figure will decrease to 75 million b/d, acco...
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In June, OPEC countries reduced oil production by 80 thousand barrels per day by May to 26.57 million b/d, the organization's report says. At the same time, the OPEC countries participating in the O...










