New facility stabilizes declining production at Azerbaijan’s oil largest field, while providing the EU with some natural gas.

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BP (NYSE:BP) said Tuesday it has started oil production at its new Azeri Central East offshore platform in Azerbaijan, the company's seventh offshore platform installed at the giant Azeri-Chirag ...

BP's new oil production facility in Azerbaijan's Azeri-Chirag-Gunashli oil field promises to boost the country's earnings and help meet its gas supply commitments.

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Energy giant BP has revealed lower-than-expected profits in the face of lower oil prices and weaker refining margins than this time last year.

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The ACE platform is the seventh oil platform installed in the giant Azeri-Chirag-Gunashli (ACG) field in the Caspian Sea. ACG first began production in 1997 and has since produced more than 4.3 ...

The ACE platform is the seventh oil platform installed in the giant Azeri-Chirag-Gunashli (ACG) field in the Caspian Sea.