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 …
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.
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 …
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 …
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 …
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 …
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 …
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 …
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.
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.