Energy

EU Reinforces Energy Partnership with Azerbaijan Amid Iran Crisis

EU Reinforces Energy Partnership with Azerbaijan Amid Iran Crisis

European Council President Costa visits Baku to strengthen cooperation on energy security as Iran conflict disrupts global markets, positioning Azerbaijan as key supplier.

March 17, 2026
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TotalEnergies Finalizes Development Plan for Azerbaijan's Absheron Field Phase Two

TotalEnergies Finalizes Development Plan for Azerbaijan's Absheron Field Phase Two

French energy major advances second phase development of Caspian gas field, strengthening Azerbaijan's natural gas export capacity for European markets.

March 17, 2026
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BTC Pipeline Security in Focus as Iran Conflict Spills into South Caucasus

BTC Pipeline Security in Focus as Iran Conflict Spills into South Caucasus

The IRGC's foiled sabotage plot against the BTC pipeline and Iranian drone strikes on Nakhchivan have elevated energy security risk across the South Caucasus, forcing a reassessment of corridor exposure by investors and operators.

March 17, 2026
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Romania Set to Join Azerbaijan-Georgia-Turkey-Bulgaria Green Energy Alliance

Romania Set to Join Azerbaijan-Georgia-Turkey-Bulgaria Green Energy Alliance

Romania is set to become the fifth member of the South Caucasus and Black Sea green energy alliance linking Azerbaijan, Georgia, Turkey, and Bulgaria, extending Azerbaijani renewable electricity exports deeper into the EU.

March 17, 2026
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SOCAR Makes First Africa Investment with 10% Stake in Ivory Coast Baleine Field

SOCAR Makes First Africa Investment with 10% Stake in Ivory Coast Baleine Field

SOCAR has acquired a 10% stake in the Baleine offshore oil and gas field in Ivory Coast — its first African investment and third international upstream deal in under two years, after previous stakes in the UAE and Israel.

March 17, 2026
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Azerbaijan Targets 6–8 GW of Renewables by 2032 as ACWA Wind Plant Goes Live

Azerbaijan Targets 6–8 GW of Renewables by 2032 as ACWA Wind Plant Goes Live

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

March 17, 2026
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SOCAR Signs MOU with ExxonMobil at Baku Energy Week

SOCAR Signs MOU with ExxonMobil at Baku Energy Week

Azerbaijan's state oil company SOCAR and ExxonMobil signed a Memorandum of Understanding at Baku Energy Week to advance joint oil and gas development and technology cooperation.

March 17, 2026
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SOCAR Enters Italian Market as Azerbaijan Gas Reaches Austria and Germany for First Time

SOCAR Enters Italian Market as Azerbaijan Gas Reaches Austria and Germany for First Time

SOCAR is expanding into Italy's downstream energy market while Azerbaijani gas reached Austria and Germany for the first time through the Trans Adriatic Pipeline in January 2026.

March 10, 2026
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