News

By Fuad Shahbazov in Durham In the last five years, Azerbaijan has explicitly shifted its traditional foreign policy strategy ...
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 ...
In their first ever meeting, Sharaa tried to woo Aliyev to invest in his country while keeping in mind his close ties to ...
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 ...
Azerbaijan's oil company SOCAR has resumed operations at an oil refinery in Baku after a 40-day shutdown caused by maintenance works after a fire.
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 ...
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.
SOCAR Green is actively identifying and promoting solutions to reduce carbon dioxide emissions as part of Azerbaijan’s ...
BP plc BP, the UK-based energy major, has secured a foothold in Israel’s offshore gas exploration sector through a newly granted set of licenses, marking a strategic move alongside Azerbaijan ...
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 ...