President Ilham Aliyev holds key meetings with Chinese industry leaders
President Ilham Aliyev held a series of strategic meetings with senior executives from leading Chinese industrial corporations in Tianjin on 31 August...
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.
A powerful eruption at Japan’s Shinmoedake volcano sent an ash plume more than 3,000 metres high on Sunday morning, prompting safety warnings from authorities.
According to the German Research Centre for Geosciences (GFZ), a magnitude 5.7 earthquake struck the Oaxaca region of Mexico on Saturday.
The UK is gearing up for Exercise Pegasus 2025, its largest pandemic readiness test since COVID-19. Running from September to November, this full-scale simulation will challenge the country's response to a fast-moving respiratory outbreak.
A Polish Air Force pilot was killed on Thursday when an F-16 fighter jet crashed during a training flight ahead of the 2025 Radom International Air Show.
President Ilham Aliyev held a series of strategic meetings with senior executives from leading Chinese industrial corporations in Tianjin on 31 August.
Israeli forces struck Gaza City’s outskirts overnight with air and ground fire, destroying homes and prompting further civilian displacement. Prime Minister Benjamin Netanyahu’s security cabinet was scheduled on Sunday to discuss a plan for a wider operation to take control of the city.
The Shanghai Cooperation Organisation (SCO) summit opened in Tianjin on 31 August, gathering leaders from across Eurasia and the Global South.
Ilham Aliyev, President of the Republic of Azerbaijan, held a meeting with Xi Jinping, President of the People's Republic of China, on August 31 in Tianjin, China.
Relations between Russia and China have reached an “unprecedentedly high level,” Russian President Vladimir Putin said on Saturday, highlighting both the economic and strategic dimensions of the partnership.
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