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BYD and UzAuto to form NEV production JV in Uzbekistan

Green Car Congress

Strong cooperations with other international enterprises on the development of vehicle electrification is part of the core business strategy. UzAuto continues expanding export opportunities to neighboring countries and has launched overseas production in Azerbaijan.

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Devon Energy and BP Enter Into $7.0B Property Sales Agreement and Oil Sands Joint Venture

Green Car Congress

Devon Energy Corporation has entered into agreements to sell all of its assets in the deepwater Gulf of Mexico, Brazil and Azerbaijan to BP for $7.0 In Azerbaijan, acquisition of Devon’s 5.63% stake in the ACG development will increase BP’s operating interest in the fields to 39.77%. billion in cash.

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BP closes out 2013 with deepwater finds in Gulf of Mexico and offshore Angola; new activity offshore Brazil

Green Car Congress

Earlier in December, Cobalt International Energy announced a significant discovery at its Lontra well in the pre-salt play offshore Angola, in which BP holds a 30% interest. Estimated post-drill resource range for Lontra is 700 million to 1.1+ Click to enlarge. billion barrels of oil equivalent, according to Cobalt.

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