Energy

Romania Joins Azerbaijan-Georgia Green Energy Corridor as Black Sea Cable Project Advances

Romania Joins Azerbaijan-Georgia Green Energy Corridor as Black Sea Cable Project Advances

Romania has moved to join the Azerbaijan-Georgia-Turkey-Hungary green energy corridor as the Black Sea undersea cable project gains EU Project of Mutual Interest status and TYNDP 2026 inclusion.

April 23, 2026
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Azerbaijan's Q1 2026 Oil Output Reaches 6.6 Million Tons as Azeri Light Tops $118

Azerbaijan's Q1 2026 Oil Output Reaches 6.6 Million Tons as Azeri Light Tops $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 supply disruptions.

April 23, 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.

April 23, 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.

April 23, 2026
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Azerbaijani Gas Reaches Germany and Austria as TAP Completes 1.2 bcm Expansion

Azerbaijani Gas Reaches Germany and Austria as TAP Completes 1.2 bcm Expansion

Azerbaijani gas began flowing to Germany and Austria in January 2026 after TAP completed a 1.2 bcm expansion, bringing the total number of countries receiving Azerbaijani gas to 16.

April 23, 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.

April 23, 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.

April 23, 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.

April 23, 2026
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