bp

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.

Shah Deniz Consortium Signs Contract with Emerson for Platform Automation

The Shah Deniz Consortium has signed a contract with Emerson for the supply of integrated control and safety systems for the Shah Deniz Compression platform.

Oil Transportation via BTC Pipeline Down 8.5% in H1 2026

Oil and condensate transportation via the Baku–Tbilisi–Ceyhan pipeline in January–June 2026 totaled about 97 million barrels, down 8.5% year-on-year.