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In February 2023, daily oil production (including condensate) in Azerbaijan amounted to 648,000 barr (...)

Oil production on the Azeri Central East (ACE) platform in Azerbaijan is planned to be commenced in (...)

The Organization of the Petroleum Exporting Countries (OPEC) reduced its forecast for the average da (...)

OPEC+ agreed its deepest cuts to oil production since the 2020 COVID pandemic at a Vienna meeting on (...)

The OPEC+ countries decided to jointly increase oil production in August by 648,000 barrels per day, (...)

OPEC countries (except Iran, Libya and Venezuela) participating in the OPEC+ deal reduced oil produc (...)

According to operational data for January 2023, 2.1 out of 2.7 million tons of extracted oil was exp (...)

Azerbaijan exported over 678 thousand tons of crude oil products, up by 64.3% on the same period las (...)

In the third quarter of 2023, more than 15,000 meters of drilling work was carried out by the State (...)

Russia’s oil production will remain flat month over month at 9.9 mln barrels daily in November (...)

Russia plans to cut oil production voluntarily by 500,000 barrels per day (bpd) in March, the countr (...)

A number of countries participating in the OPEC+ agreement have voluntarily reduced their oil produc (...)

The Organization of the Petroleum Exporting Countries (OPEC) has increased its forecast for the aver (...)

Daily oil production amounted to 500,000 barrels in Azerbaijan in July 2023, News.az reports citing (...)