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Tag: Azerbaijan

Posted on June 7, 2025

Exxon Signs Agreement With Azerbaijan’s SOCAR to Explore Onshore Oil Production

BAKU (Reuters) -Exxon Mobil and Azeri state energy company SOCAR said on Monday they signed a deal agreeing to explore onshore oil and gas production in Azerbaijan, while BP is expected to buy into …
Posted on June 7, 2025

Azerbaijan’s banks trim foreign debt, boost financial independence

In the complex world of global finance, economic resilience often speaks louder than rapid expansion. For Azerbaijan, a country strategically navigating both regional dynamics and economic …
Posted on June 7, 2025

Azerbaijan’s banks trim foreign debt, boost financial independence

In the complex world of global finance, economic resilience often speaks louder than rapid expansion. For Azerbaijan, a country strategically navigating both regional dynamics and economic …
Posted on June 7, 2025

ExxonMobil, SOCAR Sign Deal to Explore Onshore Oil in Azerbaijan

XOM signs new deal with SOCAR to explore Azerbaijan’s untapped onshore oil, eyeing unconventional reserves for growth.
Posted on June 5, 2025

The Need for Greater Protection of Property Rights in Azerbaijan

Safarova explores property law in Azerbaijan, arguing that ineffective laws, distrust in the courts and a lack of enforcement protocol are to blame for the current state of property rights in the …

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Posted on June 5, 2025

Azerbaijan Emerges As Key Climate Finance Broker After COP29

Following the successful hosting of COP29 in Baku in November 2024, Azerbaijan has emerged as a pivotal player in shaping the global climate finan …
Posted on June 5, 2025

Azerbaijan Emerges As Key Climate Finance Broker After COP29

Following the successful hosting of COP29 in Baku in November 2024, Azerbaijan has emerged as a pivotal player in shaping the global climate finan …
Posted on June 5, 2025

Azerbaijan’s SOCAR inks oil exploration deals with ExxonMobil and BP

The State Oil Company of Azerbaijan Republic (SOCAR) has reportedly signed new agreements with Exxon Mobil and bp for oil and gas exploration in the country. This collaboration aims to sustain …
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 …

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