Azerbaijan's state-owned energy giant SOCAR is poised to join British Petroleum (BP) in an oil and gas development initiative in Iraq's Kirkuk region, as reported by Haqqin.az.
BP recently inked an agreement with Iraq's Ministry of Oil on March 26, focusing on the development of several key fields in Kirkuk province. These include Baba, Avanah, Bai Hassan, Jambur, and Khabbaz, with objectives to elevate oil output to 420,000 barrels daily, expand gas production capabilities, and establish a 400-megawatt power plant.
SOCAR is anticipating an invitation from BP to officially participate in the venture. Such involvement could ensure a stable supply of high-sulphur crude oil for its STAR refinery located in Aliaga, Türkiye.
Additionally, this move might enhance crude exports through the Kirkuk-Ceyhan pipeline, targeting Mediterranean markets.
This potential collaboration reflects SOCAR's growing footprint in international energy operations, including recent engagements in the UAE and Israel.
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U.S. President Donald Trump has asked Japan to partner in developing his proposed $175 billion Golden Dome missile defense system. The move could influence ongoing tariff negotiations between the two nations.
Over 200 inmates escaped from a Karachi prison late Monday after earthquake tremors caused panic, prompting guards to unlock cells, according to Pakistani officials.
The Security Service of Ukraine (SBU) announced on June 3 that it struck the bridge connecting Russia to Crimea with underwater explosives.
On May 28, the inauguration ceremony of Lachin International Airport was held.
Taxi drivers across France are protesting government plans to cut payments for driving patients to medical appointments. These cuts are part of a broader effort by Prime Minister François Bayrou to save €40 billion in the 2026 budget and reduce the country’s large deficit.
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French President Emmanuel Macron will meet Italian Prime Minister Giorgia Meloni on Tuesday in a bid to ease tensions over Ukraine, U.S. ties, and EU trade strategies, amid growing disagreements between the two leaders.
The city of Lachin hosted a landmark cultural event on Tuesday as it officially opened its term as the Commonwealth of Independent States (CIS) Cultural Capital for 2025. The celebration drew around 100 officials and guests from six CIS member states, marking a significant step in the cultural revit
U.S. President Donald Trump has asked Japan to partner in developing his proposed $175 billion Golden Dome missile defense system. The move could influence ongoing tariff negotiations between the two nations.
Over 200 inmates escaped from a Karachi prison late Monday after earthquake tremors caused panic, prompting guards to unlock cells, according to Pakistani officials.
The Security Service of Ukraine (SBU) announced on June 3 that it struck the bridge connecting Russia to Crimea with underwater explosives.
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