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BP plans to explore for new oil in Azeri Caspian SeaUnder a strategy revamp announced last month, BP is increasing spending on its oil and gas business while cutting spending on ...
BAKU, Azerbaijan, February 24. Azerbaijan exported 3.5 million tons of crude oil and its derivatives, sourced from bituminous rocks, generating $1.9 billion in revenue in January 2025. Data ...
Parviz Shahbazov, the Energy Minister of Azerbaijan, said that the oil production in the first two months fell 6.3% compared to the previous year.
Petroleum and natural gas: Azerbaijan is said to be birthplace of the oil industry as the first ever industrially drilled oil wells were dug in Azerbaijan in 1846, marking the start of a ...
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