Israel and Syria agree to ceasefire, says U.S. ambassador to Türkiye
The U.S. ambassador to Türkiye says Israel and Syria have reached a ceasefire deal supported by Türkiye, Jordan, and regional actors after cross-bor...
BP aims to join the Karabakh oil field project in Azerbaijan by 2025, with negotiations underway to finalize terms with SOCAR for this strategic offshore development.
BP plans to join the development of the Karabakh oil field in the Azerbaijani sector of the Caspian Sea by the end of 2025, according to Bakhtiyar Aslanbayli, BP's Vice President for the Caspian region.
"In September 2024, we signed a memorandum of understanding with SOCAR regarding the Karabakh oil field. Currently, within the framework of the memorandum, negotiations and discussions are underway on the terms of BP's entry into the existing agreement for the development of this field," Aslanbayli stated.
He emphasized that both parties are striving to finalize the negotiation process as quickly as possible. When asked whether BP aims to join the Karabakh project this year, Aslanbayli expressed his personal hope for it to happen.
On September 20, 2024, BP and SOCAR signed a memorandum of understanding covering two offshore areas: the Karabakh oil field and the Dan Ulduzu-Ashrafi-Aypara structure in the Azerbaijani sector of the Caspian Sea.
BP highlighted that its involvement in the exploration and development of these offshore areas could expedite project implementation through potential synergies.
The world’s biggest dance music festival faces an unexpected setback as a fire destroys its main stage, prompting a last-minute response from organisers determined to keep the party alive in Boom, Belgium.
China and the Association of Southeast Asian Nations will send an upgraded ‘version 3.0’ free-trade agreement to their heads of government for approval in October, Chinese Foreign Minister Wang Yi said on Saturday after regional talks in Kuala Lumpur.
Germany's export slump since 2021 is largely driven by deep-rooted competitiveness issues, the Bundesbank warned in its latest report, calling for urgent structural reforms.
Israeli researchers have unveiled an artificial intelligence tool that can determine a person’s true biological age from tiny DNA samples with remarkable precision.
Two Harry Potter actresses, Emma Watson and Zoe Wanamaker, have each received a six-month driving ban after separate speeding offences, both sentenced on the same day at a Buckinghamshire court.
The total value of foreign currency transactions between banks and individuals in Uzbekistan reached 14.5 billion U.S. dollars in the first six months of 2025, reflecting a 24% increase year on year.
Syrian security forces are preparing to redeploy to the Druze-majority city of Sweida in the south of the country after a brief ceasefire collapsed, reigniting clashes with Bedouin tribes, according to the Syrian Interior Ministry.
Pope Leo said on Thursday he hopes to travel to Türkiye later this year for the 1,700th anniversary of a major Christian Church summit, in what would be the first foreign trip of his papacy.
United Nations Secretary-General António Guterres announced on Thursday that the latest discussions on Cyprus were "constructive" and that progress had been made on several initiatives.
Turkish President Tayyip Erdoğan has called Israel 'a terrorist state', stating that its aggression poses a threat to the entire region.
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