A new US Department of Energy survey reveals that four Caspian Basin states collectively account for 3% of global energy production, with detailed insights into oil, natural gas, and coal resources.

The State Oil Company of Azerbaijan (SOCAR) is undergoing a process of transformation into an international operator in the oil and gas industry, and digital transformation is an important part of ...

BAKU, Azerbaijan, February 13. In 2024, the oil and gas sector's contribution to Azerbaijan's Gross Domestic Product (GDP) declined from 40.2 percent to 30.6 percent compared to 2018, Trend reports.

BP plans to add six new wells to its operation in Azerbaijan's Shah Deniz gas field in the Caspian Sea to ensure stable ...

By Cavid Aga in Ankara Azerbaijan's energy sector maintained steady production in 2024, with significant investments directed ...

Azerbaijan, endowed with abundant natural resources, continues to make remarkable strides in the global energy arena by harnessing its vast oil, gas, and renewable energy potential. Strategically ...

President Donald Trump addressed his Russian counterpart Vladimir Putin via social media last week, calling on him to settle ...

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The State Oil Company of Azerbaijan Republic (SOCAR), Mangalore Refinery and Petrochemicals Limited (MRPL), and Oil and Natural Gas Corporation Limited (ONGC) signed a non-binding Memorandum of ...