The State Oil Company of Azerbaijan (SOCAR) has started the transit of crude oil from Kazakhstan's Kashagan field through the Baku-Tbilisi-Ceyhan (BTC) oil pipeline.
The first batch of oil from the Kashagan field, loaded on a tanker in the port of Aktau on January 25 and arrived at Sangachal terminal after two days. According to SOCAR press-release, about 6,000 tonnes were shipped by “Taraz” tanker, operated by KazMorTransFlot.
According to the agreement between “SOCAR Midstream Operations LLC”, a subsidiary of SOCAR, and “KMG Trading”, a subsidiary of KazMunaiGas (KMG) signed on January 15, 2025 and aimed at ensuring a transit of 240,000 tonnes of Kashagan oil per year.
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Kazakh President Kassym-Jomart Tokayev invited Chinese technology companies to expand investment in Kazakhstan during a business roundtable in Shanghai on 16 July, promoting the country as a regional hub for artificial intelligence and digital infrastructure.
Kazakhstan and China have signed more than $15 billion worth of commercial agreements during President Kassym-Jomart Tokayev’s visit to Shanghai, expanding cooperation in artificial intelligence, digitalisation, transport and industry.
Azerbaijan is moving to speed up and simplify trade with partner countries along the Middle Corridor by expanding its Single Window information system.
Climate change could leave Kazakhstan facing severe water shortages, longer heatwaves and mounting economic losses within decades, as rising temperatures and shrinking glaciers reshape water security across Central Asia, scientists warn.
The U.S. military said it completed a sixth consecutive night of strikes on Iran late on Thursday, targeting logistics infrastructure and maritime capabilities. Iran responded by launching strikes at U.S. bases in neighbouring countries.
The United States launched fresh strikes against Iran after two U.S. service members were killed in Jordan. U.S. President Donald Trump paid tribute to the fallen troops as Iran warned of further escalation.
The United States launched a seventh consecutive night of strikes on Iran as Tehran targeted U.S. allies in the Gulf, while tensions remain high in the Strait of Hormuz.
Ontario Premier Doug Ford has criticised U.S. President Donald Trump's comments blaming Canada for wildfire smoke affecting parts of the United States. He called Trump's remarks "absolutely unacceptable" as crews battle hundreds of forest fires across the province.
Controversial influencers Andrew and Tristan Tate have been arrested in the United States on Saturday after British prosecutors filed fresh rape, trafficking and sexual assault charges against the brothers and requested their extradition to the UK.
China's Foreign Ministry has said it is closely monitoring the United Kingdom's nationalisation of British Steel. Prior to the British government fully taking over the loss-making company on Thursday, it was previously owned by Chinese private steelmaker Jingye.
Apple is closing in on Nvidia's position as the world's most valuable publicly traded company, as investors increasingly bet the iPhone maker can turn artificial intelligence into sustained earnings growth.
AI-powered shopping assistant Phia has been accused of using "cookie stuffing" to claim affiliate commissions for purchases it did not generate, according to a Bloomberg investigation. The company says the issue has now been resolved.
The UK government has nationalised British Steel, taking full ownership of the country's only primary steelmaker from its Chinese owners to safeguard the future of the UK's steel industry.
Saudi Arabia is moving crude through the Red Sea port of Yanbu at close to maximum capacity this week, as tensions with Yemen's Houthis add to broader concerns over Gulf shipping routes, according to data and industry sources cited by Reuters.
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