The State Oil Company of the Azerbaijani Republic (SOCAR) aims to expand cooperation with Uzbekistan and has decided to open a representative office in that country, the Uzbek president's press service said.
The United States extended a license allowing BP Plc to use a workaround to handle payments involving sanctioned Iranian and Russian partners in a major gas project in Azerbaijan.
The Shafag solar project that the project has reached a key milestone by commencing panel installation activities at the site in the Jabrayil district of Azerbaijan, the investors announced.
The UK company intends to produce oil starting from 2029
First oil production from Azerbaijan’s Karabakh field is expected in 2029, bp’s Executive Vice President for Production and Operations Gordon Birrell announced.
The global oil market is poised to enter a prolonged downturn in crude prices, potentially lasting several years. The world's largest oil companies, including BP, Chevron, ExxonMobil, Shell, and TotalEnergies, are taking …
Since production began at Azerbaijan’s Shah Deniz gas field in 2006, about 237 billion standard cubic meters of gas have been extracted, Vice …
BP company is considering more investments in the Azerbaijani sector of the Caspian Sea, BP's Vice President for Wells in Azerbaijan-Georgia-Türkiye (AGT) region Russell Morris said at the IADC Drilling Caspian 2025 exhibition held in …
BP, the operator of Azerbaijan’s Shah Deniz gas condensate field, has announced the resumption of production from the Shah Deniz Alpha platform as of the evening of January 18, BP Azerbaijan reported. BP reported that the …
The head of the Azerbaijani Ministry of Economy discussed issues of bilateral cooperation with the BP chief executive
The "Shahdeniz" gas-condensate field will reach its peak production in 2023, BP vice president for communications and external relations in the Caspian and Middle …
An increase in gas supplies from Azerbaijan is the priority of the energy agenda, bp Vice-President for the Caspian Region, Communications and External Affairs Bakhtiyar Aslanbayli said at the opening of the 16th Baku Summer Energy School (BSES) …
Oil company BP said on Sunday that it will exit its 19.75% stake in Russian company Rosneft due to a Russian special operation in Ukraine. "The BP board today announced that BP will exit its shareholding in Rosneft. BP has held a …
Southern Gas Corridor, which crosses six countries, stretches over 3500 km and costs 45$ billion, aims to increase and diversify European energy supply by bringing Azerbaijani gas to markets in Europe
The Baku-Tbilisi-Ceyhan (BTC) oil export pipeline has achieved a significant milestone by carrying 500 million tonnes of oil in total from the Sangachal terminal near Baku across Azerbaijan, Georgia and Turkey to Ceyhan, according to …
LUKOIL signed an agreement yesterday on acquiring a 25% participating interest in the Shallow Water Absheron Peninsula (SWAP) exploration project in the Azerbaijan sector of the Caspian Sea from BP. The deal is expected to complete …
BP has announced the start of gas production under the second phase of the Shah Deniz offshore project in Azerbaijan’s deep-water sector of the Caspian Sea, with the UK supermajor also resuming plans to start long-discussed shallow water exploration drilling in the country
Azerbaijan's natural gas reserves are expected to last at least for the next 120 years, according to the joint calculations of Fitch Ratings and BP. The international agency emphasizes that according to this indicator, …
BP Regional President for Azerbaijan, Georgia and Turkey Gary Jones has sent a letter to Prime Minister Ali Asadov. The letter expressed support for the Azerbaijani people in their struggle to restore its territorial integrity. …
A strategic agreement which changed the course of the nation’s history
