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Tag: Azerbaijan

Posted on June 4, 2025

BP’s $2.9B Azerbaijan investment fuels gas production expansion

BP, leading the consortium that owns the Shah Deniz gas field in the Azeri Caspian Sea, announced a $2.9 billion investment decision on Tuesday to increase the project’s production capacity. In a …
Posted on June 4, 2025

Bp Fast-Tracks Electrification Of Oil Fields In Azerbaijan – Official

BAKU, Azerbaijan, June 3.​ bp is implementing major renewable energy and electrification projects in Azerbaijan, said Ayla Azizova …
Posted on June 4, 2025

BP boosts investment in Azerbaijan Caspian Sea projects

The owners of the Shah Deniz gas field in the Azeri Caspian Sea led by BP made a final decision to invest $2.9 billion in expanding output from the project, BP said on Tuesday.
Posted on June 2, 2025

Turkey, Azerbaijan, BP in Caspian Sea oil and gas production deal

Turkish state oil company TPAO will sign a gas production-sharing agreement with Azerbaijan’s SOCAR and BP for the Shafaq-Asiman offshore block on the Caspian sea, Turkey’s energy minister said on Monday.
Posted on June 1, 2025

Energy industry leaders reunite in Azerbaijan – Baku hosts 30th Energy Week

This year’s event will host 267 companies from 39 countries, covering the full spectrum of the energy sector — from Europe and the Middle East to Asia and Africa. Among the participating countries are …
Posted on June 1, 2025

Energy industry leaders reunite in Azerbaijan – Baku hosts 30th Energy Week

This year’s event will host 267 companies from 39 countries, covering the full spectrum of the energy sector — from Europe and the Middle East to Asia and Africa. Among the participating countries are …
Posted on June 1, 2025

Beyond barrel: How cotton anchors Azerbaijan’s economic transition

In an age dominated by digital trade and global finance, it is often easy to overlook the humble crop. Yet, sometimes, the quiet heartbeat of an economy can be felt most clearly in its fields.
Posted on May 31, 2025

Azerbaijan brainstorms financial reforms with World Bank (PHOTO)

BAKU, Azerbaijan, May 30.​ An exchange of experience on the implementation of the state budget of the World Bank’s (WB) Public Expenditure Management Peer Assisted Learning (PEMPAL) Program was …
Posted on May 31, 2025

Gunvor and Azerbaijan’s SOCAR reportedly competing to acquire Italiana Petroli

Global commodity trader Gunvor and the State Oil Company of Azerbaijan (SOCAR) are in a tight competition to acquire oil refiner Italiana Petroli, according to a Reuters report on Friday. The final …
Posted on May 30, 2025

American Express card transactions rise in Azerbaijan for past month

Transactions made with American Express cards issued in Azerbaijan have taken off like a rocket, with both the number of transactions and their total volume showing robust growth by the end of April.

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