BP is considering increasing its investments in the Azerbaijani sector of the Caspian Sea, according to Russell Morris, BP's Vice President for Wells in the Azerbaijan-Georgia-Türkiye (AGT) region.
Speaking at the IADC Drilling Caspian 2025 exhibition-conference in Baku, Morris emphasized the company's continued commitment to project development in the Caspian Sea while maintaining a strong operational pace.
He noted that while production from the ACG block of fields is naturally declining, the Shah Deniz facilities remain fully operational. Additionally, BP is planning new projects that will create further investment opportunities in Azerbaijan’s Caspian region.
Indonesia’s Ministry of Energy and Mineral Resources announced on Thursday that the country’s coal production is likely to exceed 700 million tons...
A rare first edition of J.R.R. Tolkien’s 'The Hobbit' has sold for £43,000 at a UK auction after being discovered in a Bristol home....
Afghanistan’s Deputy Prime Minister for Administrative Affairs met with senior migration officials in Kabul to address the escalating return of Afgh...
President Kassym-Jomart Tokayev announced that Kazakhstan will host the Central Asian Regional Climate Summit in April 2026, in partnership with Unite...
In a landmark move, U.S. President Donald Trump will welcome the leaders of Armenia and Azerbaijan to the White House on Friday for the signing of a p...
Shell has denied reports that it is in talks to acquire BP in a historic £60 billion deal, despite ongoing market speculation about a potential merger between the two oil giants.
bp, in collaboration with its partners, has signed a series of agreements to strengthen and expand its significant oil and gas interests in Azerbaijan.
bp, SOCAR and TPAO today signed several agreements enabling TPAO to join the production sharing agreement (PSA) for the Shafag-Asiman offshore block in the Azerbaijan sector of the Caspian Sea.
The world’s biggest dance music festival faces an unexpected setback as a fire destroys its main stage, prompting a last-minute response from organisers determined to keep the party alive in Boom, Belgium.
According to the German Research Centre for Geosciences (GFZ), a magnitude 5.7 earthquake struck the Oaxaca region of Mexico on Saturday.
Australian researchers have created a groundbreaking “biological AI” platform that could revolutionise drug discovery by rapidly evolving molecules within mammalian cells.
China and the Association of Southeast Asian Nations will send an upgraded ‘version 3.0’ free-trade agreement to their heads of government for approval in October, Chinese Foreign Minister Wang Yi said on Saturday after regional talks in Kuala Lumpur.
A series of earthquakes have struck Guatemala on Tuesday afternoon, leading authorities to advise residents to evacuate from buildings as a precaution against possible aftershocks.
President Kassym-Jomart Tokayev announced that Kazakhstan will host the Central Asian Regional Climate Summit in April 2026, in partnership with United Nations agencies. He also extended an invitation to participants of the Third UN Conference on Landlocked Developing Countries to attend the event.
In a landmark move, U.S. President Donald Trump will welcome the leaders of Armenia and Azerbaijan to the White House on Friday for the signing of a peace framework that includes granting the U.S. exclusive development rights to a strategic transit corridor in the South Caucasus.
Türkiye’s Foreign Minister Hakan Fidan will hold talks in Damascus on Thursday with Syrian President Ahmed al-Sharaa to discuss bilateral relations, the evolving situation in Syria, and tensions with Israel, a Turkish Foreign Ministry source confirmed.
China Railway Container Transport Corp. Ltd. has joined 'Middle Corridor Multimodal Ltd.' joint venture, established by railway operators of Azerbaijan, Georgia and Kazakhstan to enhance efficiency, reliability, and seamless functioning of the Trans-Caspian International Transport Route.
Armenian Prime Minister Nikol Pashinyan will start his official visit to the United States today. During his trip to Washington, D.C., Pashinyan is scheduled to participate at a trilateral meeting with U.S. President Donald Trump and Azerbaijan's President Ilham Aliyev.
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