Azerbaijan produced 27.7 million tons of oil, including condensate, in 2025, marking a 4.81 percent decline — or 1.4 million tons — compared to 2024, according to the Energy Ministry.

BP, operator of the Azeri-Chirag-Gunashli (ACG) oil field, has announced that December 30 marks 20 years since the first oil was produced from the West Azeri platform, a key milestone in the development of the giant ACG field.

Azerbaijan and Hungary are successfully cooperating in the energy sector, Azerbaijani President Ilham Aliyev said on Tuesday.

BP has announced plans to drill 19 wells in the Azeri-Chirag-Gunashli (ACG) block of fields in the Azerbaijan sector of the Caspian basin this year.

Azerbaijan produced a total of 26.5 million tons of oil, including condensate, from January to November 2024, according to the country's Ministry of Energy.

SOCAR (The State Oil Company of the Azerbaijan Republic) together with bp, MOL, INPEX, Equinor, ExxonMobil, TPAO, ITOCHU and ONGC Videsh, today announced the signing of an addendum to the existing production sharing agreement (PSA) for the Azeri and Chirag fields and the deep water portion of the Gunashli field (ACG) in the Azerbaijan sector of the Caspian Sea, News.Az reports.