BP

Bulgarian President Rosen Plevneliev will visit Azerbaijan in the third week of September (23-24) to take part in the celebrations for the 20th anniversary of the so-called "Contract of the Century."

The state-run Turkish Petroleum Corporation (TPAO) has inked a $1 billion loan agreement with Turkish state-run lender Vakıfbank and the country’s largest non-state lender İşbank so it can purchase Total’s stake in an Azeri gas project.

Iraqi Kurdistan looked set to unload its first cargo of disputed crude oil in Israel from its new pipeline after weeks of seeking an outlet as Iraq’s central government has threatened legal action against any buyer.

Prime Minister Antonis Samaras and visiting Azeri President Ilham Aliyev on Monday discussed two major investments that promise to draw much-needed revenue – the privatization of Greece’s gas transmission network (DESFA) and the construction of the Trans Adriatic Gas Pipeline (TAP), that would cross Greece.

Despite Baghdad’s threats, Kurdish Iraqi oil shipped from a Turkish port has been bought by Russian oil giant Rosneft to be delivered to a refinery in Germany, which co-operates with BP Russian oil firm Rosneft bought a cargo of Kurdish oil for a German refinery it co-owns with oil major BP, quietly circumventing Baghdad’s ban on independent oil sales by its autonomous region, accord

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.

Turkey has signed deals to increase its stakes in the Trans-Anatolian gas pipeline (TANAP) and the Shah Deniz projects, with a ceremony attended by Prime Minister Recep Tayyip Erdoğan, marking another step towards its long-lasting dream of becoming an energy hub.

The Trans Adriatic Gas Pipeline Group (TAP) said on Tuesday that it was relaunching a procurement process for goods and services that the project requires to transport Azeri gas into the European Union toward the end of this decade.