BP

Fair game: Forbes has made a rating of the largest buyers of Russian oil.

The 20 participants in the rating account for almost 85% of Russian oil exports, and in 2016 it reached 254.8 million tons.

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BP: realization of Shakh-Deniz is completed by 92%

The works on the realization of the 2nd stage of Shakh-Deniz, in particular, engineering projection, construction and supplies are executed by 92%.

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Azerbaijan reduced Azeri Light extraction

In Q1 2017 Azerbaijan extracted over 7 mln tons of light oil compared with 8 mln tons of oil in Q1 2016, BP-Azerbaijan reports on the results of Q1 2017.

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In Q1, BP-Azerbaijan reduced gas production from the Shah-Deniz field by 11%

In the first quarter of 2017, BP-Azerbaijan  produced 2.4 billion cubic meters of gas from the Shah-Deniz field, the company informs.

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WSJ: Sanctions don't harm the Russian oil industry

The economic sanctions, imposed by Western countries on Russia in 2014, haven’t inflict any visible damage to the Russian oil industry.

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BP intends to complete construction of Georgian section of the South Gas Corridor by mid-2018

BP plans to complete the project to expand the South Caucasus gas pipeline in Georgia by mid-2018. This was reported by head of BP Georgia K. Schleeter on May 1, 2017.

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In Q1, Rosneft provided a third of BP’s production

In January-March 2017, according to the BP’s report, the share of Rosneft in the production of hydrocarbons by BP amounted to 29.2%.

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BP’s profit from participation in Rosneft in Q1 rose by 17.7% to $73 mln

Pre-tax profit of BP from participation in Rosneft in Q1 2017 grew by 17.7% compared with Q1 2016 to $73 mln, BP reports.

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The government starts a battle for the dividends of Rosneft.

Russian ministries and agencies have already begun to swordplay on the amount of dividends that Rosneft is going to pay in 2016, Interfax reported with reference to an informant familiar with

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BP tocontinue to invest into Russia despite sanctions.

BP, which owns a 19.75% stake in Rosneft, Russia's largest state oil company, believes that Russia's oil industry was successfully developing in the face of Western sanctions and would cont

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