Oil Production

Kazakhstan's Ministry of Energy has revised its oil production forecast for 2024 downward, adjusting it from the previously projected level of 88.4 million tons, Kazakhstan's Energy Minister, Almasada...

According to operational data, Azerbaijan produced 26.5 million tons of oil (including condensate) from January to November 2024, the monthly report from the Ministry of Energy of the Republic of Azer...

Azerbaijan’s oil production in 2024 is projected to be 29.2 million tons, said Economy Minister Mikayil Jabbarov during the discussion of the 2025 state budget in the Milli Majlis (Parliament).

Oil production in Iran has increased by more than 60,000 barrels per day since August 2024, according to Hamid Bovarad, CEO of the National Iranian Oil Company (NIOC). He added that by the end of the...

From January to October of this year, Azerbaijan produced 24.1478 million tons of oil (including gas condensate), which is a 3.7% decrease compared to the same period last year, the monthly report of...

Azerbaijan's average daily oil production in October was 482,000 barrels, OPEC's monthly report. According to the cartel, Azerbaijan's daily oil production in October decreased by 7,000 barrels per da...

In recent years, oil production in Azerbaijan, as part of projects implemented by foreign oil companies, has been declining year after year, which has naturally negatively impacted our overall economi...

The US Energy Information Administration (EIA) has lowered its forecast for oil production in Azerbaijan for 2024 by 10,000 barrels per day, the September issue of the Short-Term Energy Outlook by the...