The Eastern Mediterranean may once again soon become one of the most sensitive flashpoints in global politics as, according to Bloomberg, Türkiye is preparing draft legislation to formalise its claims to disputed maritime zones in the Aegean and Eastern Mediterranean.
State Oil Company of Azerbaijan Republic (SOCAR) is broadening its international presence with a landmark acquisition in the Eastern Mediterranean energy arena. On January 31, 2025, SOCAR signed an agreement with Union Energy to acquire a 10% effective stake in the Tamar gas field—one of the region’s most strategically significant energy assets—located offshore of Israel.
11 May 2026-10:29
28 Jun 2025-14:50
