Socar signs a deal to collect seismic data and drill one exploration well in a bid to confirm potentially high reserves at ...

BAKU. August 1 (Interfax) - The State Oil Company of the Azerbaijani Republic (SOCAR) is not considering the sale of its container terminal in Turkey, SOCAR Terminal, and instead has decided to make ...

Azerbaijan and Uzbekistan are entering a new phase of energy cooperation, one that promises to draw the two Central Asian ...

On August 1st, SOCAR transferred the latest coupon payment of $1.125 million to the accounts of investors holding its second ...

Cleaner crude oil is now being delivered to the port of Ceyhan in Turkey after the earlier lifting of contaminated cargoes, ...

At the same time, Azerbaijan exported to Turkey itself about 4.77 billion cubic meters (BCM) of natural gas in January-May of ...

Union Energy, controlled by Israeli businessman Aaron Frenkel, has completed the allocation of 48.3% of the shares it holds in the Tamar offshore gas field, to the State Oil Company of the Republic of ...

Akbar Novruz Read more President of the State Oil Company of the Republic of Azerbaijan (SOCAR), Rovshan Najaf, held a ...

Azeri state energy company SOCAR is in talks with potential buyers for the sale of its shares in natural gas distribution companies Bursagaz and Kayserigaz in Turkey, a SOCAR official told Reuters ...

Azerbaijan's state energy company SOCAR and Russia's oil and gas giant Rosneft (ROSN.MM) have signed a deal to supply oil products and liquefied petroleum gas (LPG) to Ukraine and other countries ...

SOCAR also invested in autonomous driving startup RideFlux in 2018. The 11-year-old firm started the car-sharing service with 100 rental cars in Jeju in 2011 and launched its mobile app in 2012.

Socar was founded in March 2012, and — like Zipcar — it has a website and smartphone apps that let users book cars for their own use. In an interview with TechCrunch, CEO Jimahn Kim revealed ...