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.
Azerbaijan and Uzbekistan have elevated bilateral ties with a Treaty on Eternal Friendship signed by Presidents Ilham Aliyev and Shavkat Mirziyoyev...
Iran on Saturday denounced U.S. plans to announce new sanctions that could put further strain on the Islamic Repub...
Nordic and Baltic leaders arrived in Kyiv for Ukraine’s Flag Day on Sunday as Russia continued its drone campaign and Kyiv warned of a potent...
Russia is open to listening to new proposals on how to reach a settlement on the Ukraine conflict, a senior Russian diplomat said, but any proposals should reflect the "realities on the ground".
Iran on Saturday denounced U.S. plans to announce new sanctions that could put further strain on the Islamic Republic's economy and have an impact on its most important trading partners including China.
A large-scale drone attack has hit Russia's Samara region, damaging facilities and disrupting operations at an Ozon logistics complex, according to regional authorities and the company.
Nordic and Baltic leaders arrived in Kyiv for Ukraine’s Flag Day on Sunday as Russia continued its drone campaign and Kyiv warned of a potential new Russian mobilisation.
U.S. President Donald Trump said Iran was not ready to make what he called the "right deal" with Washington as tensions persisted over the war and the Strait of Hormuz.
Azerbaijan and Uzbekistan have elevated bilateral ties with a Treaty on Eternal Friendship signed by Presidents Ilham Aliyev and Shavkat Mirziyoyev in Tashkent on 23 August. The leaders also agreed to expand trade, investment, transport, and regional cooperation.
Syria has called for international action after an Israeli drone strike hit a civilian vehicle near Damascus, warning that continued Israeli attacks could deepen instability and put civilians at greater risk.
Pakistan says it has added 12 sites to its UNESCO World Heritage Tentative List, taking the total from 25 to 37 and widening the country's roster of potential future nominations.
Uzbekistan and Georgia have launched an electronic permit system for international road freight, replacing paper documents in a move aimed at speeding up cross-border transport and cutting bureaucracy.
Kazakhstan accounts for 45% of Central Asia’s road and rail infrastructure investment, with around $32.3 billion committed as the region expands key transport links across Eurasia.
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