Energy

Azerbaijan Q1 Oil Output Hits 6.6M Tons, Azeri Light $118

Azerbaijan Q1 Oil Output Hits 6.6M Tons, Azeri Light $118

Azerbaijan produced 6.6 million tons of oil and 12.6 bcm of gas in Q1 2026, with Azeri Light prices surpassing $118 per barrel on Middle East disruptions.

September 15, 2026
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SOCAR Acquires 10% Stake in Côte d'Ivoire Offshore Project in Global Expansion Push

SOCAR Acquires 10% Stake in Côte d'Ivoire Offshore Project in Global Expansion Push

SOCAR has acquired a 10% stake in Eni's Baleine deepwater project in Côte d'Ivoire, marking Azerbaijan's most significant expansion into sub-Saharan Africa to date.

September 15, 2026
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Azerbaijan's Garadagh Solar Plant Passes 1.1 Billion kWh Milestone in Green Drive

Azerbaijan's Garadagh Solar Plant Passes 1.1 Billion kWh Milestone in Green Drive

Azerbaijan's Garadagh solar plant has generated over 1.1 billion kWh, marking a flagship milestone in the country's drive to reach 30% renewable electricity by 2030.

September 15, 2026
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Azerbaijani Gas Now Flows to Germany and Austria via TAP

Azerbaijani Gas Now Flows to Germany and Austria via TAP

Azerbaijani gas began flowing to Germany and Austria in January 2026 after TAP completed a 1.2 bcm expansion, raising its customer base to 16 countries.

September 15, 2026
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Azerbaijan and BP Deepen Partnership with New ACG Production Targets for 2026

Azerbaijan and BP Deepen Partnership with New ACG Production Targets for 2026

Azerbaijan and BP have agreed new ACG production plans targeting 120.1 million barrels in 2026, alongside an electrification roadmap and a new solar plant due online in 2027.

September 15, 2026
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US-Armenia $9 Billion Nuclear Deal Reshapes South Caucasus Energy

US-Armenia $9 Billion Nuclear Deal Reshapes South Caucasus Energy

The US-Armenia 123 Agreement signed in February 2026 pledges up to $9 billion for civil nuclear cooperation, opening a strategic energy sector long dominated by Russia.

September 15, 2026
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Azerbaijan Now Supplies 16 European Buyers as TAP Capacity Hits 11.2 bcm

Azerbaijan Now Supplies 16 European Buyers as TAP Capacity Hits 11.2 bcm

Azerbaijan's gas now reaches 16 buyer countries as TAP consortium completes capacity expansion to 11.2 bcm per year — but further growth depends on long-term EU contracts.

September 15, 2026
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SOCAR Kulevi Terminal Expansion Signals Caspian Energy Trade Push

SOCAR Kulevi Terminal Expansion Signals Caspian Energy Trade Push

SOCAR's planned new tank farm at Georgia's Kulevi terminal underscores Azerbaijan's bid to lock in long-term throughput capacity for hydrocarbons heading into European markets.

September 15, 2026
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