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Yesterday evening the BP company resumed production of natural gas at the largest gas condensate field 'Shah Deniz' in the Azerbaijani sector of the Caspian Sea. Work on the platform was suspended on August 2 in connection with …
The GDP of Turkmenistan grew by 8.7% in January-July 2015, the Ministry for Economy and Development of Turkmenistan says. According to the macroeconomic indices of seven months of the year, the GDP of Turkmenistan remains at the level …
BP plans the drilling of the first exploratory well at the Shafag-Asiman block of fields in the Azerbaijani sector of the Caspian Sea. “In the first half of 2015 BP completed the interpretation of the seismic ...
After the cancellation of international sanctions from Tehran, India plans to invest in the infrastructure of Iran to gain access to rich resources of the Central Asian states and to open a new way for the supply of its products to Europe. …
The European Bank for Reconstruction and Development (EBRD) and Asian Development Bank allocated $1 billion for ensuring the company’s share of participation in the second stage of the Shah Deniz project. "Shah …
The production from the Shah Deniz platform will be suspended on August 2-20 to enable maintenance work to be undertaken, the BP company said. This is a planned program and is part of normal operations, a message reads. The planning …
Regional Director for Revenue and Customs Issues at BP-Azerbaijan, Bakhtiyar Aslanbayli, has been appointed new Vice President of the company. Aslanbayli will assume his duties at the end of August, a spokesperson for BP-Azerbaijan, …
Is there a real threat to the Baku-Supsa pipeline?
Western mass media on fundamental geopolitical events
The problems of the global economy, attracting foreign investors to Russia, the search for new sources of growth in conditions of western sanctions, anti-crisis measures and issues of monetary policy will be the main topics for discussion on the first day of the 19th Petersburg International Economic Forum (SPIEF).
The 22nd International Caspian Oil and Gas Exhibition and Conference have kicked off in Baku today.
President of Azerbaijan Ilham Aliyev has received the Lord Mayor of the City of London, Alan Yarrow.Saying he will attend the International Caspian Oil & Gas Exhibition & Conference Incorporating Refining & Petrochemicals on June 2, Alan Yarrow added that he will address the event on behalf of the British Prime Minister.
This has led to other players not being interested in continuing to work on those terms
US oil companies, suffering multibillion-dollar losses from the Western sanctions against Russia, are fighting to have the sanctions reduced.
Lukoil’s President Vagit Alekperov said at Monday’s IHS CERAWeek gathering that he expects major mergers and acquisitions in the global oil and gas industry in the near future.According to Lukoil’s President, the largest oil and gas companies "will be in the center of the structural changes in the global oil industry in the near future, including the area of mergers and acquisitions," TASS cited him.
James Henderson: "Increased use of technology and tax breaks will counter falling prices"
The Azerbaijani Ministry for Ecology and Natural Resources has filed a lawsuit against BP, demanding 12,300 manats for polluting the Caspian Sea with drilling mud on March 5. The low-toxic drilling fluid caused pollution at a depth of 530m, Trend reports.
The Southern Gas Corridor is a global project, not just a project about Azerbaijan, Azerbaijan’s Energy Minister, Natig Aliyev said in an interview with New Europe.
BP gets 12% share of TANAPBP company and the Trans-Anatolian gas pipeline (TANAP) consortium have signed a share holder agreement, according to which BP will become one of the shareholders of TANAP.Under the agreement signed in Turkey on
The Georgian government has decided to reduce its costs in order to save budgetary funds and not cut spending on infrastructure projects and social benefits in conditions of financial crisis in the country. The cost of repairs, purchase of furniture and cars, trips and vacations of officials will be minimized. The Cabinet requested that the Parliament, courts and municipalities do the same thing.
