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18.06.2014 BP Says to Sign $20Bn Gas Supply Contract With China

British energy giant BP will sign a long-term deal with Chinese state-owned peer CNOOC in London on Tuesday to supply China with liquefied natural gas, BP chief executive Bob Dudley said.

05.06.2014 Azerbaijan’s SOCAR, BP to explore shallow part of Absheron

The State Oil Company of Azerbaijan (SOCAR) and Britain's BP company have signed an agreement to conduct geological exploration work in the shallow part of the Absheron archipelago, Khoshbakht Yusifzadeh, the First Vice-President of SOCAR told reporters on June 5, Trend

04.06.2014 Total, E.ON to exit pipeline to bring Azeri gas to EU

France's Total and Germany's E.ON plan to withdraw from a pipeline scheme to bring Azerbaijan's gas to Italy, an Azeri official said, as falling Italian demand puts energy projects there into doubt, Vagif Aliyev, SOCAR's investment department head at Azeri SOCAR said in

04.06.2014 Azerbaijani president meets BP Chief Executive Officer

President of the Republic of Azerbaijan Ilham Aliyev has received the Chief Executive Officer of BP, Robert Dudley, Trend reported on June 4.

30.05.2014 BP asks US court to freeze Gulf of Mexico oil spill compensation

BP has requested the US Supreme Court permission to freeze compensation claims as it waits for another judge in the court to review its litigation over businesses caught up in 2010’s Gulf of Mexico oil disaster, The Independent reported on May 29.

29.05.2014 Aker Solutions wins framework contract from BP for offshore Norwegian fields

Aker Solutions has secured a framework agreement to provide engineering, modifications and maintenance services for BP-operated oil and gas fields offshore Norway, Aker Solutions’ press office said on May 28.

20.05.2014 BP faces billions in spill payments

BP Plc (BP/) faces billions of dollars in additional payments after failing again to convince an appeals court that the company is being forced to pay claims that aren’t directly related to the 2010 Gulf of Mexico oil spill, Bloomberg said on May 20.

14.05.2014 Kuwait signs deal to buy gas from BP

Kuwait signed a five-year liquefied natural gas (LNG) supply deal with BP on May 13, worth an estimated $3 billion, as it seeks to meet rising energy demand to power air conditioning during the scorching Gulf summers, Reuters reported on May 13.

12.05.2014 India’s RIL says gas price revision delay may stall investment

With the Oil Ministry indicating that a new gas price may be delayed by a quarter, Reliance Industries has said the postponement may stall $4 billion of investment in KG-D6 block's second-biggest gas field, Business Standard reported on May 9.

30.04.2014 BP operating cash flow ‘solid’ in Q1 2014

BP on April 29 announced its financial results for the first quarter of 2014. Underlying replacement cost profit for the quarter was $3.2 billion, compared with $2.8 billion for the previous quarter and $4.2 billion for the first quarter of 2013.