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The revision revealed that non-oil activities now account for 53.2% of GDP — a 5.7 percentage point increase from earlier estimates — underscoring the expanding role of non-oil sectors in the economy.

Meanwhile, during the reporting period, Azerbaijan's non-oil exports to the US took a nosedive by 10.5 times, landing on $15.7 million Gain access to all that Trend has to offer, as well as to ...

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Other large-scale power consumers believe the bill would increase their cost to produce goods and pump oil and gas. A Texas Oil and Gas Association spokesman confirmed their opposition to the bill.

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They noted that the provisional data for January 2025 showed a significant decline in gross Federation Account earnings, which was driven by reduced revenues from both oil and non-oil sources.

Exxon Mobil and Chevron posted lower first-quarter earnings Friday, hurt by narrow refining margins, lower oil prices and rising costs.