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BP signed a major exploration deal in Libya in 2007 but put its onshore plans on hold in 2014 because of security concerns.
Read More »NOC Discusses with BP and Eni Resumption of Oil Exploration Activities
SOCAR and BP Sign New Production Sharing Agreement
Block D230 lies some 135 kilometres (84 miles) north-east of Baku in the Caspian Sea.
Read More »BP Names Oil Industry Veteran Helge Lund as Chairman
Norwegian previously ran Statoil and BG Group.
Read More »Aramco. Total Eye Saudi Petrol Station Market
Other large energy majors are looking to divest distribution assets and focus more on core exploration activities.
Read More »Gazprom Plans to Build a $ 20 Billion Plant Near the Baltic Sea
The estimated cost of the project is nearly $ 20 billion. adds Vedomosti'.s interlocutors.
Read More »Iran not to Give Development of South Pars Oil Layer to Total
After ownership of Danish company Maersk Oil was taken by the French Total. Iran decided not to give the development of the South Pars field to Total.
Read More »BP to Develop Deep-Water Indian Gas Fields
The deep-water gas fields in India are part of the second phase of three projects and will bring fresh gas production to the country.
Read More »Total will not Give Up on Venezuela
Earlier this month. Chevron Corp said two of its executives had been arrested in Venezuela.
Read More »SOCAR Owns Stake in TANAP
TANAP project envisages transportation of gas from Azerbaijan'.s Shah Deniz field to the western borders of Turkey.
Read More »Essar Settles $2.5b Oil Dues
Essar currently operates 4.500 fuel stations in India.
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