XOM signs new deal with SOCAR to explore Azerbaijan's untapped onshore oil, eyeing unconventional reserves for growth.

The project, estimated to cost $200m (£147.95m), is a collaboration between bp's solar unit, Lightsource BP, SOCAR, and the Azerbaijan Business Development Fund, with completion targeted for mid ...

Baku Energy Week, marking its 30th year, gathers global energy leaders to discuss Azerbaijan’s ambitious renewable targets, strategic pipelines, and its growing role in regional and global ...

BP announced in a release posted on its site recently that it, together with its partners, has entered into a series of agreements “that will build and expand on its major oil and gas interests ...

Moreover, Azerbaijan is fighting Armenia in the conflict in the Nagorno Karabakh region and therefore, if India helps Armenia, it will be like destroying Azerbaijan without using a single weapon.

Socar president, Rovshan Najaf, and Ardill met in March “to explore partnership opportunities for upcoming projects in Azerbaijan” and address “other matters of mutual interest”, Socar at ...

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 ...

Azerbaijan and BP signed agreements on building a 240 megawatt solar power plant in Karabakh, an Azerbaijani region retaken in 2023 from breakaway ethnic Armenian authorities.

BAKU, Azerbaijan, June 16. For the first time in its history, Azerbaijan will host the World Ski Mountaineering Championships in 2027, Trend reports. The decision follows an initiative by the ...

ExxonMobil and Azerbaijan’s state energy firm SOCAR have signed a memorandum of understanding to explore unconventional onshore oil reserves in a move that could open a new chapter for the ...