
BAKU, Azerbaijan, July 7 (UPI) -- British energy company BP is committed to exploring the vast natural resources available in Azerbaijan, state oil executives said.
Embattled BP chief Tony Hayward arrived in Azerbaijan this week to discuss operations in the energy-rich country.
Hayward during his visit met with the top executives at the State Oil Co. of Azerbaijan Republic. Rovnag Abdullayev, the head of the state-owned SOCAR, said Hayward expressed his commitment to work in his country, the Trend news agency reports.
Hayward, he said, "noted that the company remains committed" to energy projects in the country "and will do everything for their further development."
BP is active in the development of the giant Azeri-Chirag-Guneshli oil complex in the Caspian Sea and the Shah Deniz gas field. It also serves as the operator of the Baku-Tbilisi-Ceyhan oil pipeline, one of the longest in the world.
|
|
|
|
|
|
| Additional Energy Resources Stories | |
LONDON, June 1 (UPI) --
Militants in the Democratic Republic of Congo are suspected of exploiting riches from mining areas to fund their fighting, Global Witness said.
|
HUNTINGTON BEACH, Calif., June 1 (UPI) --
The U.S. military is eyeing ways of launching small satellites on-demand from launchers aboard aircraft.
|
FHA foreclosures rose 73 percent in April, driven primarily by defaults of loans made in 2008 and 2009 vintage loans, raising new questions about the solvency of the popular government program, which accounts for about a third of all new mortgages....
|
Just what the Republican strategists ordered: The unemployment rate ticked up in May to 8.2 percent, the Labor Department said.
|
| Stories | Photos | People | Comments |
View Caption