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South Caucasus News

bp clarifies position on Caspian energy corridor as Europe eyes new supply


bp has distanced itself from comments suggesting it had proposed a new energy corridor via Azerbaijan, clarifying that the remarks originated from an employee’s personal social media account and do not reflect the company’s official position, AzerNEWS reports.

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South Caucasus News

Oil at $110 as Trump escalates Iran threat, but Asia stocks rebound


Hopes for a resolution remain elusive, with tensions instead intensifying over the past 24 hours after Donald Trump stepped up his rhetoric towards Iran.

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South Caucasus News

Russian troops withdrew suffering heavy losses: Moscow’s major plan fails in Dnipropetrovsk



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South Caucasus News

Macron hits back at Trump’s ‘wife beats him’ remark


French President Emmanuel Macron hit back at US President Donald Trump over personal remarks targeting him and his wife, saying, “Trump talks too much. His remarks are neither elegant nor up to the standard.” He was speaking to reporters during a visit to South Korea, AzerNEWS reports.

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South Caucasus News

Azerbaijan’s energy pivot gains traction in TotalEnergies–Masdar deal


A $2.2 billion joint venture announced today places Azerbaijan at the centre of one of the world’s most ambitious clean energy pivots. But the deal is only the latest chapter in a story that has been quietly building for years, one in which a country defined by oil is systematically reinventing itself as an exporter of something different.

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South Caucasus News

“Ukrainian army is here” – 3rd assault brigade’s fighters refute Russia’s capture of Luhansk



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South Caucasus News

Amazon aims to challenge Starlink


The American corporation Amazon has reportedly entered negotiations to acquire Globalstar, a satellite communications group valued at nearly $9 billion, in a bid to compete with Starlink, Elon Musk’s SpaceX global satellite network, AzerNEWS reports.