In a landmark deal State Oil company of Azerbaijan SOCAR expands its footprint beyond its traditional markets.
On January 31, 2025, SOCAR signed an agreement with Union Energy to acquire a 10% effective ownership stake in the Tamar field—one of the largest offshore gas reserves in the Mediterranean.
Located off the coast of Israel, the Tamar field has been a key supplier of natural gas to the region, playing a vital role in energy security and economic growth. This acquisition marks SOCAR’s first major investment in upstream projects in the Mediterranean.
The company says it will continue seeking strategic assets worldwide to expand its energy portfolio.
This move signals SOCAR’s ambition to establish itself as a major player in global energy markets. The Tamar field is a critical asset, and SOCAR’s entry here strengthens its presence in international energy projects.
Canadian Prime Minister Mark Carney has announced the appointment of Mark Wiseman, a former global investment banker and head of Canada’s largest pe...
Vince Zampella, co-creator of the Call of Duty franchise, has died after a Ferrari crash on Angeles Crest Highway north of Los Angeles....
U.S. President Donald Trump has approved plans to construct a new class of battleships, which he described as larger, faster and significantly more po...
The U.S. will retain control of oil and ships seized off Venezuela’s coast, President Donald Trump announced on Monday....
Israeli Prime Minister Benjamin Netanyahu said Israel is monitoring recent Iranian military exercises and will raise the issue with U.S. President Don...
Premium AI-95 gasoline produced in Azerbaijan will soon be available for sale in Armenia at a significantly lower price compared to local market rates.
AnewZ and Pakistan TV have signed a memorandum of understanding aimed at strengthening cooperation in the media sector through staff training, content sharing and joint projects.
Prospects for Azerbaijan–Türkiye ties in 2026 will largely depend on regional peace efforts and the broader geopolitical environment in the South Caucasus according to a regional analyst.
Türkiye–Azerbaijan trade and investment talks at the 12th meeting of the Joint Intergovernmental Commission (JIC), held in Baku on 22–23 December, are being framed as a key moment in efforts to expand bilateral economic cooperation.
Israeli Prime Minister Benjamin Netanyahu is set to meet President Donald Trump on 29 December in Florida, where he is expected to present a package of military options regarding Iran, Israel’s public broadcaster KAN reported on Saturday.
The United States has proposed a potential new format for peace talks between Ukraine and Russia, which could include American and European representatives, Ukrainian President Volodymyr Zelenskyy said on Saturday, December 20.
A major power outage swept across San Francisco on Saturday, leaving up to 130,000 customers without electricity, disrupting traffic and forcing some businesses to close temporarily, officials said.
Israel’s government has approved the creation of 19 new Jewish settlements in the occupied West Bank, a move that analysts say further undermines the prospects for a viable Palestinian state.
Swedish customs officials have boarded a Russian freighter anchored in Swedish waters after confirming that the vessel and its owners are subject to European Union and U.S. sanctions.
As the European Commission warns of possible visa suspension, Georgian authorities reject accusations of democratic backsliding. What is really at stake — and who could be affected most?
Premium AI-95 gasoline produced in Azerbaijan will soon be available for sale in Armenia at a significantly lower price compared to local market rates.
AnewZ and Pakistan TV have signed a memorandum of understanding aimed at strengthening cooperation in the media sector through staff training, content sharing and joint projects.
Uzbekistan and Japan have agreed a cooperation portfolio worth more than $12 billion in bid to advance economic, educational and regional ties.
In Russia, power has always determined who rises and who falls. Under Boris Yeltsin, oligarchs emerged as state property was carved up in the chaos of the 1990s. Wealth was fast, often crude, and frequently independent of the Kremlin itself.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment