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Market Chatter: BP-Eni JV Approves Offshore Oil Project Development in Angola

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BP (BP) and Eni's (E) joint venture, Azule Energy, approved the development of the Greater PAJ offshore oil project in Angola, Reuters reported Monday, citing comments from company and government officials at a signing ceremony.

The companies didn't immediately reply to a request for comment from.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: $39.59, Change: $+0.48, Percent Change: +1.24%

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