BP announced in a release posted on its site recently that it, together with its partners, has entered into a series of agreements “that will build and expand on its major oil and gas interests ...

By Nailia Bagirova. BAKU (Reuters) -Exxon Mobil and Azeri state energy company SOCAR said on Monday they signed a deal agreeing to explore onshore oil and gas production in Azerbaijan, while BP ...

BAKU (Reuters) -Exxon Mobil and Azeri state energy company SOCAR said on Monday they signed a deal agreeing to explore onshore oil and gas production in Azerbaijan, while BP is expected to buy ...

In 1859, Azerbaijan’s Baku region, rich in oil, became home to one of the world’s first oil refineries. The Baku Oil Refinery was built to process oil from nearby fields, helping the region ...

The presidents of Syria and Azerbaijan discussed how Baku could play a role in restoring Syria’s oil and gas sector in their first-ever meeting in Turkey last weekend, sources familiar with the ...

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Kazakh oil pipeline operator KazTransOil said on Friday it planned to export about 22,000 metric tons of oil from the Kashagan oilfield via the Baku-Tbilisi-Ceyhan pipeline in January. The offshore ...

ALMATY, Jan. 27 (Xinhua) -- Kazakhstan's Taraz tanker, carrying oil from the Kashagan field, has departed from the Aktau port en route to Azerbaijan's Baku port, KazMunayGas, Kazakhstan's national ...

By then, Baku’s oil production had significantly diminished and the peninsula’s reserves were only expected to last a few decades. But in 1994, a new oil field was found. By 1999, BP engineers ...

Welcome to Baku, a city built on oil hosting the world’s climate conference Yusuf Khan , The Wall Street Journal 5 min read 10 Nov 2024, 10:31 AM IST ...

The State Oil Company of Azerbaijan (SOCAR) struck a slew of deals potentially worth more than $8 billion in the year that Baku is hosting COP29 climate talks, new analysis shows The 25 deals ...

Neft Daşları, meaning “Oil Rocks,” was the world’s first oil-drilling platform. In recent decades, its population has dwindled, while sections have fallen into disrepair and been claimed ...