Azerbaijan sees the signing of the work program for the I block as a strategic move. This will be SOCAR's first drilling operation outside of Azerbaijan. The move was supposed to have been implemented ...

BP (BP) has been awarded a license to explore for natural gas in Israeli waters along with Azerbaijan state oil company Socar ...

British energy giant BP has agreed to sell a stake in a firm invested in the TANAP gas pipeline linking Azerbaijan and ...

Oil giant BP (BP) is selling a stake in a gas pipeline linking Azerbaijan and Turkey for $1 billion as it ramps up its efforts to slash debt ...

BP plc BP, the UK-based energy major, has secured a $1 billion deal with Apollo-managed funds to divest a 25% non-controlling stake in BP Pipelines (TANAP), which holds BP’s 12% interest in the ...

Azerbaijan state oil and gas firm Socar, and Israeli company NewMed Energy (OTCPK:DKDRF) signed a licensing agreement to ...

Under a strategy revamp announced last month, BP is increasing spending on its oil and gas business while cutting spending on its low-carbon units. Azerbaijan's oil output has been declining for ...

LONDON (Reuters) -BP plans to explore for new oil fields in the Azeri Caspian Sea, BP's upstream chief Gordon Birrell told ...

JERUSALEM (Reuters) - Israel awarded licences to BP, Azeri national oil firm Socar and local company NewMed Energy on Monday ...

The British oil giant had announced a major strategy shift in February to boost earnings and win back investor confidence and ...

The agreement between BP and Iraq's government will focus on the redevelopment of four large oil and gasfields in Kirkuk in the north of the country. The agreement follows a memorandum of ...

BP will abandon its pledge to increase renewable energy generation by 2030 when it presents its strategy to investors on Wednesday. CEO Murray Auchincloss will rescind the firm’s aim to boost ...