bp

An international energy company and operator of major oil and gas projects in Azerbaijan.

Official website ↗Ask FinFly

KEY FACTS

Sector: Energy
Materials on FinFly: 5
Covered since: August 16, 2026
Latest story: October 16, 2026
Official source: www.bp.com/en_az/azerbaijan/home/who-we-are.html

Company connections

bp → Lightsource bp

The Ministry of Energy described Lightsource bp as wholly owned by bp and managing the Shafag project.

Event / source date: 2025-06-02 · Primary source ↗

bp →

bp → Shafag (Jabrayil) Solar Limited

bp held 50.01% at the investment decision date. This is a project-company stake, not ownership of the other participants.

Event / source date: 2025-06-02 · Primary source ↗

bp →

Project milestones →

Connections are dated to their sources. Co-mention does not imply ownership or partnership.

THE TIMELINE

Everything FinFly reported

In headline / lead

Economy · October 16, 2026

Mirziyoyev Discusses Ustyurt Plateau Projects with SOCAR and BP

Uzbek President Shavkat Mirziyoyev met with SOCAR President Rovshan Najaf and BP Regional President Giovanni Cristofoli to discuss hydrocarbon development on the Ustyurt Plateau.

Mentioned in body

Economy · October 14, 2026

Azerbaijan to Commission 11 Power Plants Totaling 2 GW by End of 2027

Energy Minister Parviz Shahbazov announced that under the first phase of renewable energy development, 11 power plants with a combined capacity of about 2 GW will be commissioned by the end of 2027.

In headline / lead

Economy · October 11, 2026

US Taps Strategic Oil Reserve After Gulf of Mexico Hurricane

The US Department of Energy has authorized an emergency release of up to 4 million barrels of oil from the Strategic Petroleum Reserve to offset supply disruptions caused by a hurricane. ExxonMobil and BP America will each receive up to 2 million barrels.

Mentioned in body

Blogs · August 19, 2026

PASHA Holding Launches LEGIS Mentoring Program for Young Lawyers

Applications are now open for the LEGIS mentoring program for young lawyers, running from September 2026 to February 2027.

In headline / lead

Economy · August 16, 2026

bp increases Shah Deniz development spending in H1 2026

In H1 2026, bp and partners allocated $1.394 billion in operating expenses and $712 million in capital expenditures to the Shah Deniz field, up from the same period in 2025.

SAME SECTOR