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BP enters Uzbekistan with PSA for six blocks
NEWS
Uzbekistan - May 14, 2026

BP has entered Uzbekistan with a PSA alongside Uzbekneftegaz and SOCAR covering six blocks in North Ustyurt.

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Hungary takes 5% stake in Azerbaijan’s Shah Deniz gasfield
NEWS
Azerbaijan - June 05, 2024

Hungary's MVM will acquire a 5% stake in Azerbaijan's Shah Deniz gasfield, one of the world's largest gas plays.

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BP starts up massive 4D seismic study in Azerbaijan
NEWS
Azerbaijan - January 24, 2024

BP has begun its largest-ever 4D seismic study on the Azeri-Chirag-Deepwater Gunashli field in Azerbaijan.

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Oil down on demand outlook on European lockdowns
NEWS
Multinational - November 06, 2020

Oil was down on Friday morning in Asia, after new lockdowns came in effect in Europe to curb the incessantly rising number of Covid-19 and dimming the demand outlook.…

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BP puts Shah Deniz Stage 2 on stream
NEWS
Azerbaijan - July 02, 2018

BP has commenced production at the USD 28-billion Shah Deniz Stage 2 project offshore Azerbaijan, the super-major announced on Monday.

The massive Caspian Sea…

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Frontera in Georgia find
NEWS
Georgia - April 19, 2018

Frontera Resources has struck hydrocarbons at the Taribani field in Block 12 onshore Georgia, the company said on Thursday in a statement to the London Stock…

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USA to be top-3 LNG exporter by 2020: EIA
NEWS
USA - March 28, 2018

The USA has exported almost four times as much LNG in 2017 as during 2016, the US Energy Information Administration announced on Tuesday.

Total exports last year…

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KBR bags Azerbaijan deals
NEWS
Azerbaijan - January 16, 2018

KBR’s joint venture with the State Oil Company of Azerbaijan Republic (SOCAR) has received two FEED contracts for the Azeri Central East platform, the Houston-based…

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BP follows through on ACG commitment
NEWS
Azerbaijan - June 01, 2017

BP is expected to sign its contract for the extension of its production-sharing contract for the Azeri-Chirag-Guneshli fields off Azerbaijan later this month, thus…

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BP’s Azeri output to remain level
NEWS
Azerbaijan - September 07, 2016

BP on Wednesday said it does not expect to increase production from its fields in Azerbaijan in 2017, adding it would support the country in backing measures aimed at…

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