On June 3, 2025, a final investment decision has been reached by the Shah Deniz consortium for the expansion of the Shah ...

BAKU, Azerbaijan, June 19.​ Economic relations between Azerbaijan and the United Kingdom hold strategic importance and are ...

LONDON - BP p.l.c. paid $24.8 billion to governments across 15 countries in 2024 related to its extractive activities, according to the company’s annual Report on Payments to Go ...

BP p.l.c., an integrated energy company, provides carbon products and services. The company operates through Gas & Low Carbon Energy, Oil Production & Operations, and Customers & Products segments ...

The fraught relationship between the U.S. and Iran isn't new. U.S. involvement in, and conflict with, Iran is complicated and ...

It would be the largest acquisition of an upstream international oil and gas company by a state-owned one. Adnoc’s $18.7 billion bid for Australia’s Santos, in partnership with private equity giant ...

UK supermajor BP has appointed a new regional president for Azerbaijan, Georgia and Turkey, with Giovanni Cristofoli ...

IFC's foreign direct investments in Azerbaijan totaled $1.3 billion. This marked a 16.3 percent drop from the same period in ...

Baku hopes reserves at the Umid and Babek fields may eventually rival the country's largest offshore gas asset, the ...