BP will boost security at its oil and gas assets and operations in Azerbaijan after reports of alleged attacks near an important oil pipeline as the conflict between Armenia and Azerbaijan escalates, the oil supermajor said on Wednesday. BP, which started operations in Azerbaijan in 1995, is one of the largest oil investors in the country and operates the Azeri-Chirag-Gunashli (ACG) oilfield in the Caspian Sea, the Shah Deniz offshore gas and condensate field, and the pipelines Baku-Tbilisi-Ceyhan (BTC) and South Caucasus Pipeline (SCP). Neighbors Armenia and Azerbaijan have been disputing for decades the Nagorno-Karabakh region—an enclave officially part of Azerbaijan but run by ethnic Armenians. Recent clashes between Armenian and Azerbaijani forces have killed hundreds of people, including civilians. The hostilities, which flared up at the end of September, are the worst fighting in the area since 1994 when Armenia and Azerbaijan ended a six-year war over Nagorno-Karabakh. […]