SOCAR expands cooperation in Europe
SOCAR has signed a memorandum of understanding with ESM. The document provides for cooperation in strengthening energy security in North Macedonia.
State Oil Company of Azerbaijan Republic (SOCAR)
SOCAR and Italgas sign partnership agreement at COP29
A cooperation document was signed between energy companies SOCAR and Italgas during COP29. This will allow them to exchange experience and technologies.
SOCAR and Tatneft explore joint venture
The State Oil Company of Azerbaijan (SOCAR) and Russia's PJSC Tatneft are discussing the possibility of establishing a joint venture for the production of lubricants, General Director of SOCAR RUS Rufat Mahmud said. …
Gazprom and SOCAR agree to expand strategic partnership
Russian company Gazprom and Azerbaijani State Oil Company (SOCAR) have reached an agreement to expand their strategic partnership. This was achieved during Russian President Vladimir Putin's state visit to Baku.
SOCAR's rating upgraded with Stable Outlook
Fitch Ratings has upgraded Azerbaijan's State Oil Company (SOCAR) Long-Term Issuer Default Rating (IDR) and senior unsecured rating to 'BBB-' from 'BB+'. The Outlook on the Long-Term IDR is Stable, the Fitch Ratings press …
Slovenia to receive gas from Azerbaijan
Azerbaijan has begun gas supplies to Slovenia in accordance with a memorandum of understanding. The volumes of gas supplied have not been reported.
Azerbaijan and Serbia expanding energy ties
Azerbaijan plans to increase oil and gas supplies to Serbia, according to the results of the 8th session of the Intergovernmental Commission on Trade and Economic Cooperation between …
Tatneft and SOCAR to develop Bibi-Eybat field
Russian oil company Tatneft, in collaboration with the State Oil Company of Azerbaijan (SOCAR), is set to undertake the development of Azerbaijan's Bibi-Eybat field. Tatneft's CEO Nail Maganov highlighted the strategic …
SOCAR envisages implementation of new projects
The State Oil Company of Azerbaijan Republic (SOCAR) plans to implement new projects, Advisor to the Vice President at SOCAR Sariyya Buniyatova said at the Baku Energy Forum. "We are actively developing and expanding …
Uzbekneftegaz may join Shah Deniz project
Uzbekistan's national oil and gas company, Uzbekneftegaz, plans to participate in the project to develop the Shah Deniz gas field in the Azerbaijani sector of the Caspian Sea, Uzbek Investment, Industry and Trade Minister Laziz Kudratov told …
SOCAR and Tatneft update cooperation roadmap
The State Oil Company of Azerbaijan SOCAR and Russia's Tatneft signed a new roadmap for cooperation in Kazan, SOCAR President Rovshan Najaf said. …
Baku to receive more than 2 million tons of oil from Kazakhstan
Azerbaijan and Kazakhstan agreed to increase oil supplies. It will be gradual. The parties also agreed to transport oil via the BTC.
SOCAR chairman appointed AFFA president
Azerbaijan Association of Football Federations (AFFA) has hosted a Report-Election Conference on April 2 in Baku. During the conference, President of Azerbaijan's State Oil Company (SOCAR) Rovshan Najaf was elected …
Azerbaijan considers extending agreement on gas supplies to Romania
Baku and Bucharest may extend the contract for the supply of Azerbaijani gas
SOCAR, KazMunayGas management meet in Baku
Kazakhstan continues energy negotiations with Azerbaijan
Tatneft and SOCAR to cooperate in petrochemical sector
The heads of Tatneft and SOCAR companies held a meeting. An agreement was reached on cooperation in the petrochemical sector.
SOCAR notes importance of creating Zangezur corridor
SOCAR President's Advisor Elchin Aghakishiyev commented on the issue that how the establishment of the Zangezur corridor could have impact on …
Drivers of Azerbaijan success in the 21st century
Within recent decades, Azerbaijan has gone a long and successful way to become the strongest country of the South Caucasus and an important actor in international affairs
SOCAR acquires assets in Karabakh field
Azerbaijan's state oil company SOCAR has acquired Equinor’s shares in Azeri-Chirag-Gunashli (ACG), Karabakh fields and Baku-Tbilisi-Ceyhan (BTC) project, the SOCAR press service reported. A meeting was held on December 22 …
SOCAR and Tatneft sign roadmap for cooperation
Azerbaijan's SOCAR and Russia's Tatneft have signed a roadmap for cooperation, Azerbaijani Economy Minister Mikayil Jabbarov said. “We met with Nail Maganov, the General Director of Tatneft, together with Rovshan Najaf, …
