British Petroleum (BP)

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Ilham Aliyev meets with BP CEO in Istanbul

Azerbaijani President Ilham Aliyev met with the Chief Executive Officer of BP Robert Dudley in Istanbul on October 10. They hailed the importance of the 23rd World Energy Congress, which is being held …

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BP to open its office in Iran

British oil giant BP will open an office in Iran this summer, according to Rokneddin Javadi, chairman of the National Iranian Oil Company, Morningstar Advisor reports with reference to The Wall Street Journal. …

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'Rosneft' helps BP to not be left without profit

In the third quarter of last year, BP's net profit reached 46 million dollars due to its share in the Russian state company 'Rosneft', the Russian state company reported. "In other words, if not for income from …

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BP to continue to invest in Azerbaijan

In 2015, the company BP and its partners have allocated 4.5 million dollars for social investment projects in Azerbaijan. The policy of the company also suggests further nationalization of the structure of company employees. …

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BP intends to upgrade Baku-Supsa oil pipeline

British company BP, the operator of Baku-Supsa oil pipeline, intends to invest 150 million dollars in its modernization and improvement of environmental standards, the report of the Georgian government's administration says. Project …

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BP to increase number of wells in Shah Deniz field

According to a source in the oil and gas market of Azerbaijan, three new wells are planned to be put into operation in the largest Azerbaijani gas condensate field Shah Deniz in the first half of 2016. He noted that the drilling plans …

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BP halts production of Chirag platform

BP as the operator of the Azeri-Chirag-Guneshli field development project implemented a planned facility shut down of the Chirag platform. The production from the Chirag platform will be suspended for about 25 days to enable …

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BP resumes gas production at 'Shah Deniz' field

Yesterday evening the BP company resumed production of natural gas at the largest gas condensate field 'Shah Deniz' in the Azerbaijani sector of the Caspian Sea. Work on the platform was suspended on August 2 in connection with …

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GDP increases in Turkmenistan

The GDP of Turkmenistan grew by 8.7% in January-July 2015, the Ministry for Economy and Development of Turkmenistan says. According to the macroeconomic indices of seven months of the year, the GDP of Turkmenistan remains at the level …

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 BP plans new exploratory drilling at Shafag-Asiman

BP plans the drilling of the first exploratory well at the Shafag-Asiman block of fields in the Azerbaijani sector of the Caspian Sea. “In the first half of 2015 BP completed the interpretation of the seismic ...

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India plans major investments in Iran

After the cancellation of international sanctions from Tehran, India plans to invest in the infrastructure of Iran to gain access to rich resources of the Central Asian states and to open a new way for the supply of its products to Europe. …

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