On September 20, 1994, at the Gulustan Palace in Baku, an agreement known as the "Contract of the Century" was signed, named ...

Baku will host the 29th Conference of Partners of the UN Framework Convention on Climate Change (COP29) on November 11-22. To ...

Hydrocarbons represent 90 percent of the country's exports, half of state income and a third of gross domestic product.

Towards 1900, it was estimated that more than half of world oil production came from the Absheron Peninsula on the Caspian Sea in the Baku region ... the Organization of Petroleum Exporting ...

Nigerian regulators are expected to approve Exxon Mobil Corp.'s $1.3 billion sale of its oil and gas assets to Seplat Energy ...

MOSCOW. Sept 10 (Interfax) - Russia and Central Asian countries overall exported an average of 6.4 million barrels of oil per day in July, down 100,000 bpd or nearly 2% month-on-month, OPEC said in ...