Oil and gas production

The Azerbaijani government has included a pessimistic forecast for the decline in hydrocarbon production in the country from 2025 to 2028 in the budget package of documents submitted for parliamentary...

Gas production in Russia is expected to grow by about 10% in 2024 compared to last year, announced Russian Deputy Prime Minister Alexander Novak in an interview with the "Russia 24" channel. This grow...

Azerbaijan produced approximately 14.4 million tons of oil, including condensate, in the first half of 2024, according to the Ministry of Energy. The "Azeri-Chirag-Gunashli" (ACG) fields contributed 8...

According to the results of the first quarter of this year, the State Oil Company of Azerbaijan (SOCAR) produced 1.9 million tons of oil and 2 billion cubic meters of gas, the SOCAR report. The report...