Azerbaijan’s state oil giant SOCAR is set to make a powerful move by acquiring Italian oil refiner Italiana Petroli, marking a bold leap to boost its footprint in Europe’s energy market, reports OC Media. This deal stands as a crucial milestone in SOCAR’s ambitious expansion strategy
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Italy is actively securing supply guarantees while exploring the exciting opportunity to sell a stake in an IP refinery to Azerbaijan’s SOCAR, sources tell Reuters. These talks focus on safeguarding energy stability amid shifting market dynamics
The U.S. Department of State has released groundbreaking documents from a historic meeting between Armenia and Azerbaijan, marking a bold step forward in the quest for peace and revitalized dialogue in this long-standing regional conflict
Germany is reportedly gearing up for potential conflict with Russia, aiming to achieve full readiness within the next four years. This bold move comes as tensions in Europe escalate, sparking serious concerns about regional security and the strength of military alliances
In a bold move towards fostering peace in the region, France is poised to officially recognize Palestine as a state this June. This significant initiative marks a pivotal shift in diplomatic strategy and has the potential to reshape international conversations on the matter.