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Stories related to everything energy – from fossil fuels to renewables.

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Opinion: Azerbaijan is intensively engaged in new projects that aim to contribute to energy security, especially in Eastern Europe

Opinion: Azerbaijan is intensively engaged in new projects that aim to contribute to energy security, especially in Eastern Europe

Over the last month, the diplomatic traffic between Azerbaijan and the Eastern European countries has intensified in a remarkable way. The mutual high-level visits between Albania and Azerbaijan, as well as between Serbia and Azerbaijan in a short period of time over the last few months were a sign of the sides’ interest in bilateral cooperation in various fields, particularly in the field of energy. Azerbaijan is also involved in projects with the countries of the region within multilateral formats together with the European Union (EU). In this context, two major agreements signed this year provide a good basis for this cooperation both in the imports of natural gas and importantly green energy, writes Vasif Huseynov in this op-ed for commonspace.eu. These developments in the relations between Azerbaijan and the Eastern European countries brings with it also geopolitical approximation between the sides. As President Aliyev stated following the signing of the electricity deal in Bucharest, Azerbaijan’s contribution to European energy security creates an important bridge between the EU and Azerbaijan. The bridge between the two shores of the Black Sea forms a larger security architecture which increase the resilience of the regional countries in the face of national security challenges they face.

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News
Egypt signs agreements for oil and gas exploration in the Mediterranean and Red Sea

Egypt signs agreements for oil and gas exploration in the Mediterranean and Red Sea

Egyptian Minister of Petroleum Tarek El-Molla said that the ministry reached a total of 12 agreements during the period of the coronavirus pandemic, with a minimum investment of about $1.4 billion, to drill 23 wells in nine regions in the Mediterranean and three regions in the Red Sea, pointing out that three further agreements are to be signed soon.
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Saudi Arabia and Azerbaijan sign groundbreaking agreements for renewable energy projects in the Caspian Sea worth $300 million

Saudi Arabia and Azerbaijan sign groundbreaking agreements for renewable energy projects in the Caspian Sea worth $300 million

The Saudi leading energy company, ACWA Power, will develop Azerbaijan’s first wind power development in collaboration with local entities, in three deals that could herald further joint energy projects between the two countries.
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Michel and Erdogan discuss EU-Turkey relations

Michel and Erdogan discuss EU-Turkey relations

European Council president Charles Michel and Turkish president Recip Tayip Erdogan on Tuesday (15 December) held a telephone conversation to discuss EU-Turkey relations in view of recent decisions by EU leaders to maintain pressure on Ankara over its energy exploration policy in the East Mediterranean.