The oligarch Vagit Alekperov is Russia's official richest man after being behind the country's biggest oil company.

BAKU. Jan 28 (Interfax) - BP plc plans to begin a seismic exploration program at the Shah Deniz field in 2025, BP-Azerbaijan, BP's representative office in Azerbaijan, told Interfax.

BAKU, Azerbaijan, January 14. The Board of Directors of the Russian LUKOIL Public Joint Stock Company has decided to terminate the powers of Vadim Vorobyov, the company's former Chief Executive ...

"The first low-pressure gas production from the Shah Deniz Alpha platform is scheduled for June-July 2029, and from the Shah Deniz Bravo platform in April-May 2030," BP-Azerbaijan said.

According to Turan, the energy cooperation projects discussed in January in Islamabad and Baku will feature in the agreement. These projects include energy efficiency initiatives, the construction of ...

In a Facebook post, Aida Balayeva, the minister of culture, said that unlawful content posted on social media could lead the ...

Ukrainian drone strikes have targeted major Russian oil refineries, including Lukoil's facility in Volgograd, disrupting fuel ...

The Volgograd refinery — one of the biggest oil-processing facilities in Russia — produces almost 300,000 barrels a day.

Lukoil did not reply to a request for immediate comment. Lukoil has been under pressure to sell the 190,000 barrel-per-day (bpd) plant due to sanctions against Russia over the conflict in Ukraine.