Why developing nations are rejecting the $300bn COP29 climate deal

Pallavi Madhiraju- November 24, 2024

The recently concluded COP29 summit in Baku, Azerbaijan, saw a landmark decision to allocate $300 billion annually to assist developing nations in combating the adverse ... Read More

Masdar, SOCAR Green, and ACWA Power sign MoU for 3.5GW offshore wind projects in Azerbaijan

Pallavi Madhiraju- November 15, 2024

Abu Dhabi-based clean energy giant Masdar, SOCAR Green, and Saudi-listed ACWA Power have signed a Memorandum of Understanding (MoU) to develop 3.5 gigawatts (GW) of ... Read More

bp and ONGC Videsh sign gas deal to unlock massive reserves in Azerbaijan’s ACG field

Pallavi Madhiraju- September 21, 2024

Azerbaijan's ACG field is on the cusp of a significant transformation following the signing of a Non-Associated Gas (NAG) agreement. A consortium of energy giants, ... Read More

MVM Group to acquire stake in Azerbaijan’s Shah Deniz field from Southern Gas Corridor

Pallavi Madhiraju- June 6, 2024

MVM Group, a Hungarian energy company, has entered into an agreement to purchase a 5% stake in the Shah Deniz gas-condensate field located offshore Azerbaijan ... Read More

Masdar and SOCAR launch 1GW renewable energy projects in Azerbaijan

Pallavi Madhiraju- June 5, 2024

Abu Dhabi Future Energy Company PJSC – Masdar, a leader in the UAE's renewable energy sector, and the State Oil Company of Azerbaijan Republic (SOCAR), ... Read More

bp launches oil production from Azeri Central East platform in Caspian Sea

Pallavi Madhiraju- April 17, 2024

bp, as the operator of the Azeri-Chirag-Gunashli (ACG) project, has announced the commencement of oil production from the Azeri Central East (ACE) platform, marking a ... Read More

Anglo Asian Mining announces major copper discovery at Xarxar deposit, Azerbaijan

Pallavi Madhiraju- February 21, 2024

Anglo Asian Mining plc, a prominent AIM-listed gold, copper, and silver producer with operations in Azerbaijan, recently unveiled the completion of its maiden JORC (2012) ... Read More

UAE’s Masdar and Azerbaijan embark on 1GW clean energy projects

Pallavi Madhiraju- October 30, 2023

Abu Dhabi Future Energy Company (Masdar), a major force in the global clean energy sector from the UAE, has inked pivotal agreements to develop solar ... Read More

Absheron Gas Field : ADNOC, SOCAR, and TotalEnergies announce strategic transaction

Pallavi Madhiraju- August 5, 2023

The Abu Dhabi National Oil Company (ADNOC) is set to acquire a 30% equity stake in the producing Absheron gas and condensate field located in ... Read More

TotalEnergies, SOCAR commence production from Absheron field in Caspian Sea

Pallavi Madhiraju- July 11, 2023

TotalEnergies and its partner, the State Oil Company of the Republic of Azerbaijan (SOCAR), have announced the commencement of production from the first phase of ... Read More