Azerbaijan plans to sign a new contract with BP next week on development of the giant Azeri-Chirag-Guneshli (ACG) oilfields that will run until 2050.

UAE Oil Giant Adnoc Makes First Major Global Gas Deal with Azeri Buy Adnoc to take 30% stake in Absheron gas field in Caspian Sea TotalEnergies, Socar each selling 15% in Absheron to Adnoc ...

Exxon Mobil has relaunched the sale of its stake in Azerbaijan's largest oilfield, the company said on Tuesday, as banking and industry sources said the move was drawing interest from large Asian ...

India's Oil and Natural Gas Corporation (ONGC) announced that its international arm ONGC Videsh has acquired a 0.615% participating interest in the Azeri Chirag Gunashli (ACG) oilfield from ...

U.S. oil major Exxon Mobil <XOM.N> and Britain's BP <BP.L> are at loggerheads over a giant oil production deal with Azerbaijan, blocking renewal of what was once called "the contract of the ...

Baku (Reuters) – BP will have to invest billions of dollars more than previously planned if it is to slow falling output at an Azeri oil project that is also that country’s biggest cash cow ...

LONDON, Dec 4 (Reuters) - Exxon Mobil is seeking tosell its stake inAzerbaijan's largest oil field, once dubbed the "contract of thecentury", as the U.S. oil and gas giant re-focuses its ...

BP's <BP.L> stake in Azerbaijan's vast oilfields is expected to shrink under a new production-sharing agreement with state energy company SOCAR, two industry sources familiar with the talks told ...

By Dmitry Zhdannikov LONDON (Reuters) – U.S. oil major Exxon Mobil and Britain’s BP are at loggerheads over a giant oil production deal with Azerbaijan, blocking renewal of what was once ...