BP (NYSE:BP) said Tuesday the Shah Deniz consortium took a final investment decision to spend $2.9B to advance the new Shah ...

BP-led consortium commits $2.9 billion to expand Azerbaijan's Shah Deniz field to access low-pressure gas reserves in the ...

BP, leading the consortium that owns the Shah Deniz gas field in the Azeri Caspian Sea, announced a $2.9 billion investment ...

The project involves installation of a new compression facility – an electrically-powered unmanned compression platform, or ...

The move paves the way for growth and further production while strengthening BP’s collaboration with the country and state ...

The Shah Deniz consortium has officially sanctioned the Final Investment Decision (FID) for the Shah Deniz Compression (SDC) ...

BAKU, Azerbaijan, June 12.​ bp will prepare a development concept for the Karabagh field in connection with the Ashrafi-Dan ...

BP’s share price has been hit by lower oil prices and its previous renewable energy focus, but could huge new oil and gas ...

European Union leaders consider connecting Azerbaijan’s Shah Deniz natural gas field to Southern Europe to be a step toward the strategic goal of diversifying Europe’s natural gas supply.

BUDAPEST, June 5 (Reuters) - Hungarian state-owned energy conglomerate MVM will buy a 5% stake in Azerbaijan's Shah Deniz gas field, it said in a statement on Wednesday. Hungary, a landlocked ...