Baku Energy Week
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AI and energy security drive investment focus at Baku Energy Week 2026
Baku Energy Week 2026 showcased how AI, digitalisation and regional gas diplomacy are reshaping the global energy sector, as companies and officials increasingly focus on competitiveness, energy security and cleaner technologies. Artificial intelligence, upstream investment and gas security have led the conversation at Baku Energy Week 2026, as global energy companies used the annual gathering in Azerbaijan to showcase how the sector is adapting to geopolitical uncertainty. Across two...
There is no energy transition — only addition, experts say at Baku Energy Week
Grid infrastructure emerged as the forum's defining bottleneck on the last day of Baku Energy Week, as the IGU's chief of staff said that global consumption of oil, gas, coal and renewables is rising simultaneously, directly challenging the conventional narrative. The world is consuming more oil, gas, coal and renewables than ever before, the International Gas Union's chief of staff told the final day of Baku Energy Week, challenging the conventional understanding of energy transition....
Baku Energy Week highlights a new era of energy connectivity and cooperation
At Baku Energy Week 2026, global leaders and industry experts discussed energy security, diversification, renewables and connectivity, highlighting the growing role of cooperation and innovation in shaping future energy systems. At Baku Energy Week 2026, global leaders, ministers and energy companies gathered to discuss the forces reshaping the energy sector. From energy security and diversification to renewables, digitalisation and regional connectivity, discussions reflected the...
Southern energy corridors set to dominate supplies to Europe, global leaders say
The rapid reshape of global energy supply routes and markets is a key focus at the Baku Energy Week 2026. Opening Baku Energy Week 2026, Azerbaijan’s President Ilham Aliyev said the “world cannot live without fossil fuels,” while also insisting that countries “should be judged on how they invest in renewables.” Speaking about Azerbaijan’s role in global energy markets, Aliyev said it was “difficult to imagine what the European market would look like without the South Caucasus,” underscoring...
US eyes stake in Azerbaijan's pipelines as economic ties enter new phase after Trump-brokered deal
Washington wants in on Azerbaijan's pipelines and energy infrastructure, a senior US official said in Baku, as the two countries deepen economic ties following Trump's White House peace deal with Armenia. The United States wants a direct stake in Azerbaijan's pipeline and energy infrastructure, a senior US official said on Thursday, signalling Washington's ambitions to deepen its foothold in a region long dominated by Russia and China. Speaking at the first Azerbaijan–US Economic Dialogue in...
SOCAR, TotalEnergies and ADNOC lock in Caspian gas supply deal
Azerbaijan's SOCAR signed a long-term deal with TotalEnergies, ADNOC's investment arm XRG and Turkey's BOTAŞ to export gas from the Absheron offshore field from 2029, bolstering the Southern Gas Corridor that Europe has increasingly relied on in recent years. Azerbaijan's state oil company SOCAR has signed a long-term gas supply agreement with TotalEnergies, ADNOC's investment arm XRG and Turkish state pipeline operator BOTAŞ, locking in future exports from the Absheron offshore field in the...
Ukraine: Marine drone explodes in Romanian port
Ukraine: Marine drone explodes in Romanian port Published June 5, 2026last updated June 5, 2026What you need to know - Ukrainian naval drone detonates near oil terminal in Romanian port - Germany and France welcome Zelenskyy's proposal for Putin meeting - Russian drone strikes claim seven lives in Ukraine - US lawmakers pass Ukraine Support Act in defiance of Trump - IAEA says ceasefire in place at frontline near Zaporizhzhia nuclear plant Read below for a roundup of news related to Russia's...
Drone explosion in Romanian port spurs Ukraine war spillover fears
Drone explosion in Romanian port spurs Ukraine war spillover fears European Commission President Ursula von der Leyen warned that the maritime drone was a ‘direct consequence’ of the Russia-Ukraine war. A maritime drone has exploded in Romania’s Constanta port, with several other drones discovered nearby. The Romanian Ministry of National Defence said on Friday that the drone had self-detonated at 10:30am local time (07:30 GMT).
Iranians speak out over possible Trump-regime deal
Amid President Donald Trump’s Monday announcement that a deal with Iran’s clerical regime is imminent to re-open the Strait of Hormuz and negotiate an end to Tehran’s illicit nuclear weapons program, Iranians who hoped U.S. pressure would force a decisive outcome now fear it may survive while ordinary people absorb the costs. "Inside Iran, the mood has shifted from early-war optimism to a kind of exhausted resignation, but there is still some hope that this is the moment President Trump will...