Representatives of Glencore and the Qatar Investment Authority (QIA) were nominated to the board of Rosneft, the largest state oil company of the Russian Federation, the Vedomosti reports citing tw
It is plan to start extraction at the giant gas deposit Zohr in the Mediterranean Sea at the coast of Egypt in December 2017. It means that less than 3 years will pass after its discovery.
Rosneft has bought out BP's stake in German refineries as part of the dissolution of the joint venture Ruhr Oel GmbH (ROG) for 1.52 billion US dollars, according to the company's annual IFR
In 2016 the capital expenditure in the framework of "Shahdeniz" projects "Azeri-Chirag-Guneshli" (ACG), the South Caucasus Pipeline (SCP) and Baku-Tbilisi-Ceyhan (BTC) oil pipel
BP has made a presentation in Russia of another “Forecast of development of the world energy until 2035”.
By middle of the 2030s Europe will seriously increase gas import compared with the current level.
The BP’s profit from participation in Rosneft decreased two times compared to 2015 and amounted to $643 million in 2016, BP reports.
BP was likely to start drilling the first well on a potentially promising structures located in the shallow waters of Absheron (SWAP), at the beginning of 2018, the president of BP-Azerbaijan Gordo
The project of development of Shakh-Deniz-2 is complete by more than 87%, the President of BP- Azerbaijan, G. Birrell, said.
BP expects the singing of the “Contract of the Century” on the development of the Azeri block of oil and gas condensate deposits ACG in mid 2017, the head of BP in Azerbaijan, Georgia a