Energy

Georgia Budgets GEL 25M for Black Sea Cable Eyeing EUR 6B Exports

Georgia Budgets GEL 25M for Black Sea Cable Eyeing EUR 6B Exports

Georgia budgets GEL 25m in 2026 for survey work on the 1,155km Black Sea power cable to Romania, which studies say could earn EUR 6bn a year.

October 3, 2026
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SOCAR Commits $1.65 Billion to US Haynesville Shale and Midstream Assets

SOCAR Commits $1.65 Billion to US Haynesville Shale and Midstream Assets

SOCAR takes non-operated stakes in Comstock's Haynesville upstream and midstream assets for $1.65bn, with closing targeted before end-2026.

October 3, 2026
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Azerbaijan's External Public Debt Slides to $4.62 Billion, the Other Side of the Surplus Ledger

Azerbaijan's External Public Debt Slides to $4.62 Billion, the Other Side of the Surplus Ledger

Azerbaijan's external public debt fell 7.9% year on year to $4.62 billion on 1 July, State Statistics Committee data show, as the trade surplus widens.

October 3, 2026
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Azerbaijan Expands Gas Supplies to 16 Nations as TAP Completes First Upgrade

Azerbaijan Expands Gas Supplies to 16 Nations as TAP Completes First Upgrade

Azerbaijan now exports gas to 16 countries after the Trans Adriatic Pipeline completed its first 1.2 bcm expansion in January 2026.

October 3, 2026
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Azerbaijan Posts Record Oil Revenues, 2,000 MW Green Plan

Azerbaijan Posts Record Oil Revenues, 2,000 MW Green Plan

Azerbaijan's Q1 2026 energy report reveals $1.7B in crude exports and a $2.7B plan to commission over 2,000 MW of new solar and wind capacity by 2027.

October 3, 2026
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TotalEnergies and Masdar Sign $2.2B Renewable Joint Venture Including Azerbaijan

TotalEnergies and Masdar Sign $2.2B Renewable Joint Venture Including Azerbaijan

TotalEnergies and Masdar have agreed on a $2.2B JV for solar, wind, and battery storage projects across nine Asian countries, including Azerbaijan.

October 3, 2026
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Azerbaijan Targets 6 to 8 GW of Renewables by 2032

Azerbaijan Targets 6 to 8 GW of Renewables by 2032

President Aliyev confirmed Azerbaijan's 6 to 8 GW renewable energy target by 2032 as the country inaugurated ACWA Power's 240MW Khizi-Absheron wind farm.

October 3, 2026
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Gas Flow Dip via Baku-Tbilisi-Erzurum Pipeline

Gas Flow Dip via Baku-Tbilisi-Erzurum Pipeline

Gas flow through the Baku-Tbilisi-Erzurum pipeline dipped after maintenance and seasonal adjustments, while supply commitments to Türkiye and Georgia hold.

October 3, 2026
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