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 …
British Petroleum (BP)
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Ilham Shaban: 2017 marked by surge of interest in Azerbaijan's energy sector
The outgoing year was a time of increasing international interest in Azerbaijan's energy projects, the head of the 'Caspian Barrel' Center for Oil Research Ilham Shaban told Vestnik Kavkaza, summing up the …
Azerbaijan turns into regional energy center
Are BP & SOCAR Looking to Tie Up for Caspian Sea Exploration?
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 …
Contract of the Century expetded to 2050
New era in development of Azeri-Chirag-Gunashli
President Aliyev signs order to award Dostlug Order to BP CEO
Azerbaijan’s President Ilham Aliyev has signed an order to award Dostlug (Friendship) Order to Chief Executive Officer of BP Robert Warren Dudley for the services rendered to the development of oil industry in Azerbaijan, Trend reports. …
Oil And Natural Gas Demand Set Records While Coal Slumps
Last month the BP Statistical Review of World Energy 2017 was released. This report gives us the opportunity to review the big picture when it comes to global energy supply and demand. The BP Statistical Review is considered to …
Energy in Central Asia
Changes in Kazakhstan, Turkmenistan, and Uzbekistan
Natig Aliyev is historical personality of modern Azerbaijan
The death of the Azerbaijan’s Energy Minister Natig Aliyev, who passed away today at the age of 69, is a great loss for the republic - Natig Aliyev was one of the most effective and professional leaders, whose name is …
Joseph Murphy: Shah Deniz-2 is the most complicated project in oil and gas industry
The Shah Deniz-2 project has become one of the most complicated in the history of the world oil and gas industry, BP vice president for the Southern Gas Corridor, Joseph Murphy, said at the opening of the CASPIAN OIL & GAS …
BP marks 25th anniversary of collaboration with Azerbaijan in London with Anglo-Azerbaijani Society (PHOTO)
BP's headquarters in London hosted an event dedicated to BP's 25-year activity in Azerbaijan, organized jointly with the Anglo-Azerbaijani Society. The event was attended by the Vice-President of Communications and External …
This is what's really behind the recent US oil production boom
U.S. oil production growth was almost entirely the result of offshore wells
BP appoints new regional president for Azerbaijan, Georgia and Turkey
BP announced today the appointment of Gary Jones as the new Regional President for Azerbaijan, Georgia and Turkey, with effect from 2 April 2017. Gary is currently BP’s global head of drilling, completions and …
BP: ‘contract of the Century’ may be extended in summer
The BP company expects the ‘Contract of the Century’ for the further development of the Azeri-Chirag-Gunashli (ACG) block of oil and gas fields in the Azerbaijani sector of the Caspian Sea, to be signed in the middle of 2017, …
Azerbaijan eyes more gas, less oil
It is expected more than 10 bn m3 of gas to be produced from Shah Deniz-1 in 2017
BP assumes average oil price in next two years of $55-60
The chief executive officer at BP, Rob Dudley, has given his outlook on the oil prices during the next two years. …
Iran increases oil sales to BP and Shell
Iran has increased its sales of crude oil as well as condensate to global energy giants Shell and BP, the Director for International Affairs of the National …
Iraq Could Delay OPEC Production Cuts
If Iraq misses its target and a few others follow suit, the effectiveness of the OPEC deal could start to unravel
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 …
