BP (NYSE:BP) said Tuesday the Shah Deniz consortium took a final investment decision to spend $2.9B to advance the new Shah ...

By Cavid Aga in Ankara BP has deepened its presence in Azerbaijan’s offshore oil and gas sector with two major moves: ...

BP-led consortium commits $2.9 billion to expand Azerbaijan's Shah Deniz field to access low-pressure gas reserves in the ...

The move paves the way for growth and further production while strengthening BP’s collaboration with the country and state ...

BP’s share price has been hit by lower oil prices and its previous renewable energy focus, but could huge new oil and gas ...

The project involves installation of a new compression facility – an electrically-powered unmanned compression platform, or ...

The Shah Deniz consortium has officially sanctioned the Final Investment Decision (FID) for the Shah Deniz Compression (SDC) ...

Gunashli, Baku-Tbilisi-Ceyhan, Shah Deniz, and South Caucasus Pipeline projects, has announced the successful completion of a ...

BAKU, Azerbaijan, June 4. The Southern Gas Corridor remains a key element of regional energy security and stability of supply ...

BUDAPEST, June 5 (Reuters) - Hungarian state-owned energy conglomerate MVM will buy a 5% stake in Azerbaijan's Shah Deniz gas field, it said in a statement on Wednesday. Hungary, a landlocked ...