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BP eyes producing green hydrogen at site of closed refinery in Australia

BP is looking at producing green hydrogen at the site of a recently closed oil refinery in Western Australia, Report informs, referring to foreign media. BP plans…

BP and co-venturers continue their support to ABB Tech Academy

BP and its co-venturers in the joint ventures that bp operates in Azerbaijan will continue their support to the ABB Tech Academy – an educational…

BP deploys new digital tool in the Caspian

BP recently launched a three-dimensional (3D) visualization tool on the East Azeri and West Chirag platforms, commencing the first phase of the digital modelling of…

The leader in daily oil production At the ACG block is the West Azeri platform

Oil production at the Azeri-Chirag-Guneshli (ACG) block of fields in the first half of 2021 amounted to about 85 million barrels (11.4 million tons), thequarterly report…

BP boosts payouts after profit jump, transition on track

BP (BP.L) boosted its dividend and share buybacks after beating expectations with a $2.8 billion second-quarter profit powered by higher oil prices and recovering demand. The strong…

BP has not changed data on Azerbaijan’s proven oil reserves for 19 years

The confirmed oil reserves in Azerbaijan at the end of 2020 are estimated at 1 billion tons (7 billion barrels), and Azerbaijan’s share in the…

BP to stick with oil and gas for decades, CEO says

BP will continue producing hydrocarbons for decades to come and will benefit from rising oil prices even as it reduces output as part of its…

SOCAR-Petrofac, BP sign contract

Petrofac, in a joint venture (JV) with the State Oil Company of the Republic of Azerbaijan (SOCAR), has secured a new contract valued at around…

Energy Ministry, BP start cooperation on solar energy project in Zangilan/Jabrayil region

The Ministry of Energy of the Republic of Azerbaijan and BP signed an Implementation Agreement on cooperation in the evaluation and implementation of a project…

Irakli Garibashvili mulls role of South Caucasus Pipeline with BP official

Georgian Prime Minister Irakli Garibashvili has met with Gary Jones, BP Regional President for Azerbaijan, Georgia, and Turkey, the local bureau of Report informs, citing the Georgian government administration. The…

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