Energy

Nobel Energy's Enerso Signs Deals for 25 MW Nakhchivan Solar Plant as Azerbaijan Green Push Accelerates

Nobel Energy's Enerso Signs Deals for 25 MW Nakhchivan Solar Plant as Azerbaijan Green Push Accelerates

Enerso, Nobel Energy's renewables subsidiary, has signed investment, power-purchase and grid agreements for the 25 MW 'Qerbi Ufuq' solar plant in Nakhchivan - part of Azerbaijan's drive to turn the exclave into a green-energy zone.

July 7, 2026
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Nobel Energy's Audubon Lands Shell Contract Across US Gulf Deepwater Portfolio

Nobel Energy's Audubon Lands Shell Contract Across US Gulf Deepwater Portfolio

Audubon Companies, the US engineering arm of Azerbaijan's Nobel Energy (a NEQSOL Holding company), has won a Shell contract covering the supermajor's US Gulf deepwater assets - a marker of how a Caspian-rooted group is scaling into Western energy services.

July 7, 2026
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Nobel Energy and Uzbekistan's UNG Overseas Sign MoU to Explore Central Asia Joint Venture

Nobel Energy and Uzbekistan's UNG Overseas Sign MoU to Explore Central Asia Joint Venture

Nobel Energy has signed a memorandum with UNG Overseas, the international arm of Uzbekneftegaz, to explore a joint venture spanning oil and gas, power and water infrastructure - extending the NEQSOL energy unit's Central Asia push.

July 7, 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.

June 28, 2026
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BP and SOCAR Advance Shafag-Asiman Gas Development

BP and SOCAR Advance Shafag-Asiman Gas Development

Joint venture targets 2027 first gas from deep-water Caspian field with estimated 500 billion cubic meters reserves

June 28, 2026
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NEQSOL Plans Additional Investment in Ukraine’s UMCC, Targets Titanium Deep-Processing Upgrade

NEQSOL Plans Additional Investment in Ukraine’s UMCC, Targets Titanium Deep-Processing Upgrade

NEQSOL Holding plans to invest well beyond the minimum required under the privatization agreement after acquiring Ukraine’s United Mining and Chemical Company (UMCC), according to Volodymyr Lavrenchuk, the group’s country manager in Ukraine.

June 28, 2026
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Georgian Hydropower Debate Shifts Toward Smaller Projects

Georgian Hydropower Debate Shifts Toward Smaller Projects

Georgia's hydropower strategy is shifting toward smaller projects as the government seeks to meet growing energy demand while navigating intense public opposition, environmental concerns, and investment challenges associated with controversial large-scale dams.

June 28, 2026
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Georgia's Hydropower Exports Generate $180M Revenue

Georgia's Hydropower Exports Generate $180M Revenue

Seasonal electricity exports to Turkey and Armenia capitalize on abundant water resources

June 28, 2026
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