British Petroleum (BP)

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 BP extends business development program in Azerbaijan

BP extends business development program in Azerbaijan

BP and its partners in Azerbaijani oil and gas projects extended the implementation of the local business development program by two years, BP Azerbaijan vice president Bakhtiyar Aslanbayli said. He noted that the main …

BP restarts production platform East Azeri in Caspian Sea

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

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

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

'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

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. …

Azerbaijani energy minister predicts rise in oil prices

Azerbaijani energy minister predicts rise in oil prices

Azerbaijani Energy Minister Natig Aliyev expressed confidence in the growth of oil prices on global oil markets. "The drop in oil prices will not be long. The oil prices will begin to rise and stabilize from next …

BP intends to upgrade Baku-Supsa oil pipeline

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 …

BP to increase number of wells in Shah Deniz field

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 …

British BP to help Azerbaijan in development of education

British BP to help Azerbaijan in development of education

The Azerbaijani Ministry of Education establishes cooperation with the UK’s BP, the agency said. Azerbaijani Minister of Education, Mikayil Jabbarov, has received BP regional president for Azerbaijan, Georgia …

BP halts production of Chirag platform

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 …