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.
Iran's new Supreme Leader, Mojtaba Khamenei, was 'lightly injured,' an unnamed Iranian officia...
British Prime Minister Keir Starmer was warned about the "reputational risks" of appointing Peter Mandelson as U.S....
A wave of attacks across Israel and southern Lebanon escalated on Wednesday (11 March), with authorities reporting up to 12 incoming missile and dr...
Britain has deployed the Royal Navy destroyer HMS Dragon to the eastern Mediterranean to strengthen protection for its military assets in the Middl...
A freight train carrying more than 1,000 tons of Russian grain will depart for Armenia through Azerbaijani terr...
A freight train carrying more than 1,000 tons of Russian grain will depart for Armenia through Azerbaijani territory on Wednesday. The shipment consists of 11 wagons loaded with a total of 1,023 tons of agricultural cargo.
Georgia has cancelled international tenders for the construction of major road sections that form part of a regional highway linking the country with the borders of Armenia and Azerbaijan.
Up to 30 tonnes of food will be delivered to Iran amidst ongoing hostilities with U.S. and Israel, following a phone converstation between the President of Azerbaijan Ilham Aliyev and Iranian counterpart Massoud Pezeshkian.
Azerbaijan is evacuating nearly 200 people from the Middle East on a special charter flight departing from Oman.
Tensions in the region remained high on Tuesday (10 March), as the United States and Iran exchanged increasingly sharp warnings, including threats over the strategic Strait of Hormuz, a critical artery for global oil supplies.
Iran's new Supreme Leader, Mojtaba Khamenei, was 'lightly injured,' an unnamed Iranian official said on Wednesday, as Tehran and Israel continued to exchange missile and drone strikes - all the latest updates throughout the day on AnewZ.
U.S. President Donald Trump called his recent phone conversation with Russian President Vladimir Putin “very good.” The two leaders spoke on Monday about the situation in Iran and other international issues.
Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 10th of March, covering the latest developments you need to know.
Australia has granted humanitarian visas to five Iranian women footballers who sought asylum, fearing persecution after refusing to sing their national anthem at an Asia Cup match.
A wave of attacks across Israel and southern Lebanon escalated on Wednesday (11 March), with authorities reporting up to 12 incoming missile and drone alerts over Tel Aviv and Jerusalem.
Iran’s newly appointed supreme leader, Mojtaba Khamenei, is reportedly in good health and staying in a “safe place”, despite earlier reports that he had been injured during recent U.S.-Israel airstrikes, according to the country's president.
Kyrgyz President Sadyr Japarov has pledged to intensify the country's fight against corruption, declaring that graft is "worse than murder" and warning that even his closest relatives would face punishment if found guilty.
More than 68,000 children in eastern Afghanistan have been displaced after clashes between Afghan and Pakistani forces intensified along the border, according to a new report by Save the Children.
Turkish president Recep Tayyip Erdoğan told parliamentarians that ordinary Iranians are paying a heavy price for the conflict that began on Saturday 28 February, renewing his call for urgent de-escalation and offering Türkiye as a potential mediator.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment