Baku's oil production surpassed that of the United States. By 1901, the region accounted for half of the world's oil output, with 1,900 wells operating within a six-square-mile area.

Azerbaijan’s president, Ilham Aliyev, once referred to the country’s reserves as a “gift from God” with the capital Baku ...

BAKU, Azerbaijan, March 19. Hungarian energy giant MOL Plc. has made a significant oil discovery near Somogysámson in Western ...

The industrial oil production started in the second half of the 19th century, particularly in the Bibi-Heybat field near Baku. In 1846, the first oil well was drilled in Bibi-Heybat, marking the ...

MOSCOW, March 5 (Reuters) - A fire at an oil refinery in Azerbaijan's capital Baku was extinguished on Wednesday, emergency cervices said. The fire hit a refinery in the Nizaminsky district of Baku.

Vagit Alekperov, 52, was born in 1950 in Baku, Azerbaijan, one of the earliest centers of the international petroleum industry. His father worked in the oil fields all his life and inspired ...