British Petroleum (BP)

BP and SOCAR sign new Azeri oil deal

Oil major BP and Azerbaijan’s state energy company SOCAR signed an agreement on Friday to build a new exploration platform for the South Caucasus nation’s three major oilfields, BP-Azerbaijan said in a statement, Arab News …

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BP plans to drill six new wells in Azerbaijan

BP plans to drill six wells in Azerbaijan within the next two years, BP Regional President for Azerbaijan, Georgia and Turkey Gary Jones said at a meeting on the results of 2018 and plans 2019. According to him, BP has …

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Ilham Aliyev and Robert Dudley meet in Davos

Azerbaijani President Ilham Aliyev has met with Chief Executive Officer of BP Robert Dudley in Davos today, according to the statement, published on the Azerbaijani presidential website. "During …

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BTC pipeline celebrates 3 billion barrels of oil export

The milestone was achieved on 14 July when the 3 billionth barrel of Caspian crude flowed through the Baku-Tbilisi-Ceyhan (BTC) pipeline, was loaded on the 3929th tanker and headed for world markets, according to BP. The first tanker …

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$100 a barrel oil not expected

There is no reason for oil to hit $100 a barrel,  BP Chief Executive Bob Dudley said. "There are people who predict the oil price of $100 per barrel. I do not think it will reach $100 unless there are any …

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Ilham Aliyev met with Theresa May in London

Azerbaijani President  Ilham Aliyev has met with Prime Minister of the United Kingdom of Great Britain and Northern Ireland Theresa May in London yesterday. The meeting was followed by the …

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Azerbaijani President hold talks in London

Azerbaijani President Ilham Aliyev has arrived in the United Kingdom. As part of his visit, Ilham Aliyev met with Chief Executive Officer of BP Robert Dudley in London today. The sides exchanged views …

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TANAP to become operational on June 30

BP Regional President for Azerbaijan, Georgia and Turkey Gary Jones said that gas delivery from Azerbaijan’s Shah Deniz gas condensate field to Turkey via the Trans-Anatolian Natural Gas Pipeline (TANAP) will …

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 Azerbaijani president meets with BP CEO in Davos

Azerbaijani President Ilham Aliyev has met with Chief Executive Officer of BP Robert Dudley in Davos today, according to the presidential website. President of the Republic of Azerbaijan has embarked on …

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BP CEO gives oil price forecast for 2018

The current price of oil of $69 per barrel is somewhat high, BP CEO Bob Dudley said at the World Economic Forum. Dudley noted that the company's experts predicted decline in oil prices. "We expect the …

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Fire in building of BP’s Baku office extinguished

Azerbaijan's Ministry of Emergency Situations has released a statement on the fire that broke out in the building of BP’s office in Baku. According to the ministry, computer equipment was burned in a room on the first floor of …

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