News

Representatives from Socar and Exxonmobil held a meeting in March 2025 to work towards global exploration and new projects.
BAKU, Azerbaijan, April 21. Kulevi oil terminal of Azerbaijan’s state oil company SOCAR transshipped a total of 2.5 million ...
BAKU. April 21 (Interfax) - The State Oil Company of the Azerbaijani Republic (SOCAR) could complete a pilot project for the gasification of the Albanian city of Korca by the end of 2026, the ...
State Oil Company (SOCAR) is set to increase its involvement in Israel's energy industry. Sources have informed Globes that SOCAR, as the operator in a consortium with British Petroleum (BP ...
In 2024, the State Oil Company of Azerbaijan (SOCAR) produced 7.5 million tons of oil and 7.7 billion cubic meters of natural ...
Azerbaijan and Israel’s cooperation continues to grow, both through SOCAR’s purchase of a 10% stake in the Tamar field and its activities in gas exploration in Israel’s economic waters.
LONDON, April 7 (Reuters) - Natig Mustafayev has been appointed chief executive of Azeri oil and gas group Socar's Swiss trading subsidiary, Socar Trading, the state-owned Azeri company said on ...
The implementation of the Decree of the President of the Republic of Azerbaijan Ilham Aliyev No. 718 dated June 3, 2019, on ...
GENEVA, April 7, 2025 /PRNewswire/ -- SOCAR Trading SA is pleased to announce the appointment of Natig Mustafayev as Chief Executive Officer, effective today. Mustafayev has served as the company ...
Prior to joining SOCAR, Mustafayev held senior roles at Credit Suisse Securities in London and since 2014 at Barings in London and Boston serving as Managing Director and Portfolio Manager for ...