Tag:

Socar

Baku Energy Week: New deals for LNG and green tech

Azerbaijan’s Minister of Energy Parviz Shahbazov held several meetings with foreign officials as part of Baku Energy Week.

03 Jun 2026-14:52
Absheron project may reshape Azerbaijan’s gas export strategy

Editor’s note: Zaur Nurmamedov is a journalist and a graduate of the Faculty of Political Science at the Academy of Public Administration under the President of the Republic of Azerbaijan (1993–1999). He previously served as first deputy editor-in-chief of the Vesti.Az news portal (2009–2023). The views expressed in this article are his own and do not necessarily reflect the position of News.Az.

03 Jun 2026-11:23
SOCAR, ExxonMobil hail long-standing partnership

SOCAR President Rovshan Najaf met with John Ardill, Vice President of ExxonMobil Corporation on the sidelines of the Baku Energy Week.

02 Jun 2026-12:14
SOCAR, TotalEnergies, and XRG deepen collaboration

As part of Baku Energy Week, Rovshan Najaf, President of SOCAR, met with Martina Opizzi, Senior Vice President of TotalEnergies, and Mohammed Al Aryani, President for International Gas at XRG.

01 Jun 2026-22:35
SOCAR and Uzbekneftegaz discuss cooperation at Baku Energy Week

The State Oil Company of Azerbaijan (SOCAR) and Uzbekneftegaz JSC reviewed the tasks planned under the Ustyurt project and discussed prospects for future cooperation.

01 Jun 2026-20:50
SOCAR, BOTAS, TotalEnergies sign 15-year gas supply deal

The State Oil Company of Azerbaijan (SOCAR), Türkiye's BOTAS, France's TotalEnergies, and the UAE's ADNOC have signed a new 15-year agreement for natural gas supplies from the Absheron field in the Caspian Sea.

01 Jun 2026-16:40
Central Asia’s resources expand globally with SOCAR expertise and BP investment

Amid the ongoing crisis surrounding the Strait of Hormuz, the global oil market is rapidly approaching a period of heightened turbulence. International analytical centres are reporting an unprecedented decline in global reserves: according to estimates by Morgan Stanley, reserve volumes fell by nearly 5 million barrels per day in March and April alone. Such a rapid market drawdown has not been seen even during previous energy shocks.

18 May 2026-11:36
BP acquires stake in North Ustyurt production sharing contract in Uzbekistan

BP has acquired a 40% stake in the North Ustyurt production sharing contract in Uzbekistan, expanding its upstream presence in Central Asia.

13 May 2026-14:37
Azerbaijan’s SOCAR buys 99.82% of Italiana Petroli

SOCAR announced today that it has completed the acquisition of 99.82% of Italiana Petroli (IP) shares from API Holding.

08 May 2026-20:13
EU removes sanctions on five Azerbaijani vessels - PHOTOS

The Council of the European Union has lifted sanctions on the ASCO-owned Zagatala vessel, as well as the Shusha, Karabakh, Khankendi and Zangezur vessels owned by a joint venture between ASCO and SOCAR. The decision, adopted on Thursday, removes the vessels from the EU sanctions list.

24 Apr 2026-11:20