Azerbaijan has dramatically raised the expected amount it forecasts to receive from crude oil output from Q2 2021.

Armenian Prime Minister Nikol Pashinyan says there is an imminent threat of a military coup in the country, following explicit threats by the army demanding he and his government resign.

The State Oil Company of Azerbaijan (SOCAR) is moving to the second phase of the Southern Gas Corridor (SGC), cementing the country’s position as a key player in the diversification of Europe’s energy resources.