Within the next two to three weeks we will sign a contract with Shell for prospecting and exploration in the Khan Tervel block in the Black Sea, after winning the tender, said Energy Minister Zhecho ...

President Erdogan's government has arrested Istanbul Mayor Ekrem Imamo?lu on corruption and terrorism charges, a move the ...

Oil giant BP (BP) is selling a stake in a gas pipeline linking Azerbaijan and Turkey for $1 billion as it ramps up its efforts to slash debt ...

Yossi Abu, who participated in the Maariv and Walla Economic Conference, spoke about granting exploration licenses to a ...

NewMed Energy LP has completed the acquisition of a 50 percent stake in the Han Asparuh block on Bulgaria’s side of the Black ...

Azerbaijan and Israel have a strong strategic alliance covering a wide range of areas including not only energy, but also ...

As part of the licensing for Cluster I, located near the Leviathan field, Socar will be the operator of the exploration ...

Israel awarded gas exploration licenses to a consortium that includes Azerbaijan’s energy conglomerate SOCAR, bp, and ...

BAKU. March 19 (Interfax) - The State Oil Company of the Azerbaijani Republic (SOCAR) will hold a 33.34% stake in a consortium with Israel's NewMed Energy and the UK's BP Plc in an offshore project in ...

The Azerbaijan State Oil Company (SOCAR) was awarded exploration rights by Israel in 2023. However, progress in the ...

BP and SOCAR secure offshore gas licenses in Israel, a strategic move as Israel strengthens its role in the global energy ...

The Israeli Energy Ministry has indicated that more licences are expected to be granted, with a fifth bidding round planned for later in the year.