SOCAR Launches First Ground Gravity Survey

US President D. Trump signed an order imposing 25% tariffs on goods imported into the US from Canada and Mexico, as well as a 10% tariff on Canadian energy resources, effective from February 4, 2025.

Azerbaijan's State Oil Company (SOCAR) signed an agreement on January 31 with Union Energy to acquire a 10% stake in the Israeli offshore gas field "Tamar."

The Bulgarian Energy and Water Regulatory Commission (EWRC) announced an increased role for Azerbaijani natural gas in the country’s energy balance, a message on the regulator's website.

Fitch Ratings has confirmed the long-term foreign currency bond rating of 'BBB-' for the senior unsecured Eurobonds of Southern Gas Corridor CJSC (SGC). The rating reflects the full and timely repayment guarantee for SGC’s bonds, provided by the government. As a result, Fitch views the bond rating as equal to Azerbaijan's long-term foreign currency rating (BBB-/Stable).