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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...

Euronews 7d ago

Adnoc plans new UAE pipeline to bypass Strait of Hormuz

Move by state-run oil group comes as Iran war highlights region’s reliance on key shipping route

Financial Times 8d ago

Fact-checking Trump’s interview with NBC News’ ‘Meet the Press’

President Donald Trump sat for an interview with “Meet the Press” moderator Kristen Welker on Friday, discussing topics including the war with Iran, gas prices and the “anti-weaponization” fund. Throughout the interview, which aired Sunday, Trump made a series of false, misleading or exaggerated comments. NBC News reporters dug into some of the president’s remarks.

NBC News 3d ago

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...

Euronews 8d ago

Iraq and UAE race to establish alternative oil pipelines as exports through Hormuz dry up

Iraq and the United Arab Emirates are fast-tracking plans to expand oil pipelines to replace the capacity lost by the closure of the Strait of Hormuz, as new data reveals their stark dependency on the Persian Gulf. Last week, the Iraqi cabinet approved plans to accelerate crude exports through the Kurdistan-Turkey pipeline network, which would more than triple its existing shipments from 220,000 barrels per day to 770,000. The route offers an alternative passage through Kurdistan to Turkey's...

CNBC 1d ago