The move paves the way for growth and further production while strengthening BP’s collaboration with the country and state ...

MOL Group and Socar have signed key terms for an exploration, development, and production sharing agreement for a new onshore ...

MOL Group and SOCAR have signed key terms for an exploration, development, and production sharing agreement for a new onshore ...

MOL Group and the State Oil Company of the Republic of Azerbaijan (Socar) have signed key terms for an exploration, ...

Turkish Minister of Energy and Natural Resources Alparslan Bayraktar participated in Baku Energy Week, where he underlined ...

Terms follow the signing of a Memorandum of Understanding in September 2024 to evaluate hydrocarbon exploration in the Shamakhi-Gobustan regions.

Azerbaijan is steadily strengthening its role in European energy markets. As President Ilham Aliyev noted at the event’s ...

SOCAR reveals the number of oil produced in the infamous "Oil Rocks" since its establishment. During the same period, a total ...

MOL Group and SOCAR have signed key terms for an exploration, development, and production sharing agreement for a new onshore ...

BAKU. June 5 (Interfax) - Production of the first gas in the second phase of development at the Absheron field in the Azerbaijani sector of the Caspian Sea is planned for late 2028 to early 2029, ...

Set up in 2007 as a unit of state-owned Socar in Baku, Socar Trading carried out its first sale of Nigerian crude early this month. The Geneva-based subsidiary sold a cargo of 500,000 tons of Ebok ...

TASHKENT, Uzbekistan, June 5. Laziz Kudratov, Minister of Investment, Industry, and Trade of Uzbekistan, met with the ...