British Petroleum (BP)

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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 …

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 …

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 …

Rosneft to buy Eni stake in Egypt's Zohr gas field

Italy’s Eni has agreed to sell the Russian state-run company Rosneft up to a 35% stake in an oil concession in Egypt that contains the giant Zohr field, the biggest gas discovery in the Mediterranean Sea. Rosneft will pay US$1.125 …