Gas Condensate Production in Azerbaijan Experiences Decline

Baku: Gas condensate production in Azerbaijan saw a decline last year, with a total of 4,911.88 thousand tons produced, marking a 7.1% decrease compared to the previous year.

According to Azeri-Press News Agency, 4,903.5 thousand tons of the gas co…

US Releases Forecast on Global Oil Production for 2026-2027

Baku: The U.S. Energy Information Administration has released its forecast for the global daily production of oil and other liquid hydrocarbons for 2026-2027: The U.S. Energy Information Administration (EIA) under the U.S. Department of Energy forecas…