British Petroleum (BP)

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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 …

 BP to pay off Iran’s debts

British Petroleum (BP) is ready to settle debts to Iran, the Deputy Minister of Petroleum for International Affairs and Trading Amir-Hossein Zamaninia said. According to him, several negotiations have been conducted …

BP restarts production platform East Azeri in Caspian Sea

BP, as operator of the development of offshore bloc Azeri-Chirag-Guneshli, restarts today one of the main production platforms in the Caspian Sea. BP Azerbaijan reports that the 12-day program on maintenance work on the East Azeri …

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 …

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. …

'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 …

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. …