Oil production volumes revealed in Azerbaijan
Azerbaijan produced 19.9 million tons of oil, including condensate in January-September 2026, according to preliminary data released by the Azerbaijani Ministry of Energy.
Shah Deniz
Shah Deniz exempted from anti-Iran sanctions
London has issued a General Trade Licence allowing the continued operation of Azerbaijan’s Shah Deniz gas field under the UK’s sanctions regime against Iran.
SOCAR takes over operation of Baku-Tbilisi-Ceyhan oil pipeline
Today, BP has transferred operation of the Baku-Tbilisi-Ceyhan oil pipeline to a subsidiary of Azerbaijan's SOCAR.
Baku-Tbilisi-Ceyhan pipeline marks 20th anniversary
Today marks 20 years since the first export tanker carrying Azerbaijani oil transported via the Baku-Tbilisi-Ceyhan pipeline set sail. The …
US allows BP to work with Russian and Iranian companies in Azerbaijan
The United States extended a license allowing BP Plc to use a workaround to handle payments involving sanctioned Iranian and Russian partners in a major gas project in Azerbaijan.
Shah Deniz long-term production reaches 237 billion cubic meters of gas
Since production began at Azerbaijan’s Shah Deniz gas field in 2006, about 237 billion standard cubic meters of gas have been extracted, Vice …
Erdoğan approves gas cooperation agreement with Azerbaijan
Turkish President Recep Tayyip Erdoğan has approved the Azerbaijani-Turkish agreement on gas cooperation. The document was signed in May 2024.
Absheron field boosts condensate output
The Absheron gas field produced 0.1 million tons of condensate in January-February 2025, marking a 4.2% increase compared to the 96,000 tons produced …
Oil giant bp to increase investment in Azerbaijan
BP company is considering more investments in the Azerbaijani sector of the Caspian Sea, BP's Vice President for Wells in Azerbaijan-Georgia-Türkiye (AGT) region Russell Morris said at the IADC Drilling Caspian 2025 exhibition held in …
Azerbaijani gas supplies to Bulgaria resumed
Bulgaria has resumed receiving Azerbaijani gas following a nearly two-week pause caused by technical problems at the Shah Deniz field in the Caspian Sea.
Output from Azerbaijan's Shah Deniz platform restored
BP, the operator of Azerbaijan’s Shah Deniz gas condensate field, has announced the resumption of production from the Shah Deniz Alpha platform as of the evening of January 18, BP Azerbaijan reported. BP reported that the …
Bulgaria announces imminent resumption of Azerbaijani gas supplies
Azerbaijan is expected to resume gas supplies to Bulgaria on January 15, the Bulgarian News Agency said, citing the Bulgarian state-owned gas distributor Bulgargaz. "Deliveries of natural gas from Azerbaijan are …
Azerbaijan warns Serbia of forced suspension of gas supplies
According to him, Baku also warned that it is impossible to tell when supplies will be restored.
Azerbaijan and Türkiye extend gas supply from Shah Deniz field
Azerbaijan and Türkiye have signed an agreement to extend Azerbaijani gas supplies from Stage 1 of the Shah Deniz …
Uzbekneftegaz may join Shah Deniz project
Uzbekistan's national oil and gas company, Uzbekneftegaz, plans to participate in the project to develop the Shah Deniz gas field in the Azerbaijani sector of the Caspian Sea, Uzbek Investment, Industry and Trade Minister Laziz Kudratov told …
LUKOIL reveals impact of its share boosting in Shah Deniz
Increasing share of Russia's LUKOIL in the Shah Deniz gas project in Azerbaijan to nearly 20% allowed the company to expand its foreign gas production …
Azerbaijan expects more gas from Shah Deniz
Azerbaijan expects more gas from the new phase of Shah Deniz in four years’ time, President of Azerbaijan Ilham Aliyev said, addressing the 4th international conference on “Shaping the Geopolitics of the Greater Eurasia: …
Shahdeniz to reach peak production this year
The "Shahdeniz" gas-condensate field will reach its peak production in 2023, BP vice president for communications and external relations in the Caspian and Middle …
Azerbaijan intends to reach multi-billion non-oil trade volume with EU
The government of Azerbaijan has revealed its plans to expand bilateral trade with the European Union
Production at Shah Deniz field's Alpha platform suspended
BP Azerbaijan said on Monday that production at its Alpha platform at the Shah Deniz gas field had been suspended on Aug. 14 for 14 days for planned maintenance. The company said last month that the suspension was due this quarter. …
