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South Caucasus News

Baku and Kyiv open new chapter in energy cooperation


In a significant milestone for regional energy cooperation, a company within Ukraine’s state-owned Naftogaz Group has signed its first-ever agreement to purchase Azerbaijani natural gas. The deal, concluded with SOCAR Energy Ukraine — the Ukrainian subsidiary of Azerbaijan’s State Oil Company (SOCAR) — marks a pivotal development not only in bilateral relations but also in the broader energy security landscape of Eastern Europe.

Categories
South Caucasus News

Russians withdraw from Dnipropetrovsk-Donetsk border after heavy casualties; Ukraine advances



Categories
South Caucasus News

Tesla confirms $16.5 billion chip deal with Samsung for AI hardware


Elon Musk has confirmed Tesla has signed a $16.5 billion semiconductor supply agreement with Samsung Electronics, a deal set to support the development of the automaker’s next-generation AI chips, Azernews ​reports, citing Tribune.