BP

Rosneft provided a third of BP's production in the first quarter

According to BP's report, Rosneft's share in BP's hydrocarbon production was 30.6% in January-March 2020.

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BP completes 3D seismic work on promising D230 block in the Azerbaijani sector of the Caspian Sea

BP has completed 3D seismic studies on the promising D230 block in the Azerbaijani sector of the Caspian Sea, the company's press center report

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Rosneft punished for trade with Venezuela

The United States has decided to impose sanctions on Rosneft Trading, a Swiss trader, and Didier Casimiro, Russia's vice president of the company, who accused them o

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Ministry of Finance names potential recipients of "Arctic" tax benefits

Rosneft, Lukoil, Novatek, Surgutneftegaz and a joint venture between Rosneft and  BP - Ermak Neftegaz - will automatically receive "Arctic" tax benefits after the relevant law h

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AMOK: In 2019, oil production from Azeri-Chirag-Gunashli block was conducted from 125 wells

In 2019, oil production from the Azeri-Chirag-Gunashli block was carried out from 125 production wells, the press centre of the Azerbaijan international operating company (AMOC, operator for develo

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Uzbekistan prepares production sharing agreement on development of fields in the Aral Sea with BP and SOCAR

The Energy Ministry of Uzbekistan, BP and Azerbaijan's SOCAR are preparing a production sharing agreement for fields development. They are located on the Uzbek part of the Aral Sea.

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In 2019, BP's profit from participation in Rosneft increased by 4.4%, while the company's total profit fell 2.3 times

In 2019, BP's net profit attributable to shareholders decreased 2.3 times compared to 2018 and amounted to $ 4.026 billion. BP announced this on February 4, 2020.

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SOCAR and BP start drilling of the first exploration well at Shafag-Asiman structure in the Azerbaijani sector of the Caspian Sea

SOCAR and BP started drilling of the first exploration well (SAX01) at the prospective Shafag-Asiman structure in the Azerbaijani sector of the Caspian Sea on January 13, SOCAR reported.

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