Energy

TotalEnergies and Masdar Launch $2.2 Billion Green Energy Joint Venture Covering Azerbaijan

TotalEnergies and Masdar Launch $2.2 Billion Green Energy Joint Venture Covering Azerbaijan

TotalEnergies and Abu Dhabi's Masdar have formed a $2.2 billion joint venture to develop solar, wind, and battery storage projects across nine Asian markets in 2026, with Azerbaijan among the priority countries given its 135GW onshore renewable potential.

April 9, 2026
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Azerbaijan and Georgia Advance 1GW Black Sea Green Energy Cable to European Grid

Azerbaijan and Georgia Advance 1GW Black Sea Green Energy Cable to European Grid

Azerbaijan, Georgia, Romania and Hungary are advancing a 1,195-kilometre Black Sea submarine cable with 1GW capacity, designed to export up to 4GW of Azerbaijani and Georgian renewable electricity annually to European consumers.

April 9, 2026
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TAP Pipeline Adds 1.2 BCM in 2026 as Southern Gas Corridor Eyes 20 BCM Target

TAP Pipeline Adds 1.2 BCM in 2026 as Southern Gas Corridor Eyes 20 BCM Target

The Trans Adriatic Pipeline is adding 1.2 BCM of capacity in 2026 as operators advance toward doubling the Southern Gas Corridor's total throughput to 20 billion cubic metres per year by 2027, driven by European demand for non-Russian gas.

April 9, 2026
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BP-Led Consortium Advances $2.9 Billion Shah Deniz Expansion to Extend Plateau Production

BP-Led Consortium Advances $2.9 Billion Shah Deniz Expansion to Extend Plateau Production

BP and its international partners are advancing a $2.9 billion expansion of Azerbaijan's flagship Shah Deniz gas field, targeting low-pressure reserves and extended plateau production to sustain European gas supply through the Southern Gas Corridor.

April 9, 2026
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SOCAR Closes €2.5 Billion Acquisition of Italy's Gruppo API, Expanding European Reach

SOCAR Closes €2.5 Billion Acquisition of Italy's Gruppo API, Expanding European Reach

Azerbaijan's state energy company SOCAR has completed its €2.5 billion takeover of Italian downstream group Gruppo API, marking a major expansion of its European footprint.

April 7, 2026
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Trans Adriatic Pipeline Expands 2026 Capacity to Boost Azerbaijani Gas Flows to Italy and Albania

Trans Adriatic Pipeline Expands 2026 Capacity to Boost Azerbaijani Gas Flows to Italy and Albania

The Trans Adriatic Pipeline has begun adding 1.2 billion cubic metres of annual capacity in 2026, reinforcing Azerbaijan's position as a cornerstone of European energy supply.

April 7, 2026
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Azerbaijan Boosts Gas Exports to Europe by 56% as Southern Gas Corridor Expands

Azerbaijan Boosts Gas Exports to Europe by 56% as Southern Gas Corridor Expands

Azerbaijan has dramatically increased natural gas deliveries to Europe, with total exports reaching 25.2 billion cubic metres in 2025 and continuing to grow through 2026.

April 7, 2026
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TotalEnergies and Masdar Launch $2.2 Billion Renewable Energy Joint Venture Covering Azerbaijan

TotalEnergies and Masdar Launch $2.2 Billion Renewable Energy Joint Venture Covering Azerbaijan

French energy major TotalEnergies and Abu Dhabi's Masdar have agreed to co-develop solar, wind and battery storage projects across nine Asian nations including Azerbaijan.

April 7, 2026
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