SOCAR | Oil & Gas Feed • TraceFeed

"SOCAR" in Energy feed

Oil and gas production of the SOCAR decreased in the first quarter

caspianbarrel.org - 13:02 May 13, 2024

According to the results of the first quarter of this year, the State Oil Company of Azerbaijan (SOCAR) produced 1.9 million tons of oil and 2 bcm of gas, the SOCAR report. The report shows that compared to the same period last year, SOCAR’s oil production decreased by 1.9%, and gas production decreased by 9.9%. […]

Tags: SOCAR
SOCAR and ACWA Power sign cooperation agreement on green fertilisers

CEENERGYNEWS - 13:33 Apr 23, 2024

The State Oil Company of Azerbaijan Republic (SOCAR) and ACWA Power, from the Kingdom of Saudi Arabia, signed a Cooperation Agreement focused on green fertilisers.

Tags: ACWA Power SOCAR
Vice President: SOCAR may continue to supply gas to Romania

caspianbarrel.org - 10:16 Apr 03, 2024

The State Oil Company of Azerbaijan (SOCAR) may extend the gas supply contract signed with Romania for another two years, but everything will depend on the desire of the Romanian side, SOCAR Vice President Elshad Nasirov said on April 1 during the 8th meeting of the Azerbaijani-Romanian intergovernmental joint commission on trade and economic relations […]

Tags: Romania SOCAR
Equinor expects to close the deal to sell assets to SOCAR in Azerbaijan in 2024

caspianbarrel.org - 10:38 Feb 07, 2024

Norwegian Equinor plans to close the deal to sell SOCAR (State Oil Company of Azerbaijan) its assets in Azerbaijan in 2024. “The transaction is expected to close during 2024,” Equinor said in its fourth-quarter 2023 report. In the fourth quarter, Equinor recognised net impairments of USD 328 million, mainly related to the announced sale of […]

Tags: Azerbaijan Equinor SOCAR
Equinor exits Azerbaijan, divesting all its remaining assets to SOCAR

CEENERGYNEWS - 13:05 Jan 02, 2024

Petroleum refining company Equinor and Azerbaijan's state oil company SOCAR have signed an agreement whereby Equinor will divest all its remaining assets in Azerbaijan to SOCAR.

Tags: Azerbaijan Equinor SOCAR
SOCAR to deliver 400 million cubic metres of gas to Serbia

CEENERGYNEWS - 13:05 Nov 17, 2023

Serbia's Mining and Energy Ministry reported on Wednesday that SOCAR and Srbijagas have signed a contract for the delivery of up to 400 million cubic metres of gas from Azerbaijan to Serbia by the end of next year.

Tags: Serbia SOCAR
Russia’s Lukoil lends Socar $1.5 billion in deal to supply its Turkish STAR refinery

caspianbarrel.org - 21:25 Oct 05, 2023

Private Russian oil producer Lukoil will lend Azeri state oil firm Socar $1.5 billion as part of a broader deal that will allow Socar’s 200,000-barrel-per-day...

Tags: Lukoil SOCAR
SOCAR starts injecting gas into Hungarian storages

caspianbarrel.org - 10:57 Jul 28, 2023

Azerbaijan’s state oil company SOCAR began injecting the first 50 million cubic meters of gas into Hungarian storage facilities, said Hungarian Minister of Foreign Affairs...

Tags: Hungarian SOCAR
Exclusive: BP, Azerbaijan’s Socar make maiden bid for Israeli offshore gas – sources

caspianbarrel.org - 18:46 Jul 17, 2023

BP (BP.L) and Azeri national oil company Socar have taken part for the first time in an Israeli licencing round for natural gas exploration, the latest sign...

Tags: Israeli SOCAR
Last year, only 9.3% of SOCAR’s revenues were generated due to operations in Azerbaijan

caspianbarrel.org - 07:45 Jul 03, 2023

By the end of 2022, the revenues of the State Oil Company of Azerbaijan (SOCAR) amounted to 119 billion 228 million manats (an increase of 53.8%),...

Tags: Azerbaijan SOCAR
SOCAR signs MoU with Japan Bank for International Cooperation on decarbonisation projects

CEENERGYNEWS - 15:05 May 24, 2023

SOCAR signed a Memorandum of Understanding on the promotion of cooperation in the field of decarbonisation with the Japan Bank for International Cooperation (JBIC).

Tags: Japan Bank International Cooperation SOCAR
SOCAR’s quarterly reports are published late

caspianbarrel.org - 10:44 May 01, 2023

Last Saturday (April 29), the State Oil Company of Azerbaijan (SOCAR) announced its production figures for the first quarter of 2023. A year ago, SOCAR...

Tags: SOCAR
Romgaz signs 1 bcm gas delivery contract with SOCAR

CEENERGYNEWS - 12:34 Feb 06, 2023

Romanian natural gas producer Romgaz signed a contract with Socar Trading, a subsidiary of the Azeri state oil company, SOCAR for the delivery of up to 1 billion cubic meteres (bcm) of natural gas to Romania until March 2024.

Tags: Romgaz SOCAR
Masdar partners with SOCAR to develop renewable energy projects with 4 GW capacity

CEENERGYNEWS - 14:33 Jan 23, 2023

Masdar has signed joint development agreements with SOCAR for onshore wind and solar projects and integrated offshore wind and green hydrogen projects, with a total combined capacity of 4 GW.

Tags: Masdar SOCAR
Azerbaijan’s SOCAR halts Russian crude supplies to Turkish refinery

caspianbarrel.org - 12:12 Dec 09, 2022

Azerbaijan’s state oil firm SOCAR has paused purchases of Russian crude oil for its Turkish refinery, industry sources said, in a sign Western sanctions are...

Tags: Azerbaijan Russian SOCAR Turkish
SOCAR to start drilling new oil wells at Naftalan field in 2023

caspianbarrel.org - 09:55 Oct 11, 2022

The State Oil Company of Azerbaijan (SOCAR) plans to drill new oil wells in the Naftalan region, stated the vice-president of the company Khalik Mammadov...

Tags: SOCAR Naftalan
Ilham Shaban: SOCAR preparing to apply experience gained in foreign markets in local market

caspianbarrel.org - 06:40 Aug 31, 2022

The State Oil Company of Azerbaijan (SOCAR) is preparing to apply the experience gained in foreign markets in the management of enterprises in the local...

Tags: SOCAR
SOCAR discusses expansion of TANAP and TAP with EU

caspianbarrel.org - 20:30 Jul 19, 2022

Rovshan Najaf, the first vice-president of the State Oil Company of Azerbaijan (SOCAR), acting president, met with the European Energy Commissioner Kadri Simson. Rovshan Najaf noted...

Tags: SOCAR
Over 83% of SOCAR methanol produced is exported

caspianbarrel.org - 07:53 Jun 22, 2022

In January-May 2022, SOCAR’s “SOCAR Methanol LLC” produced 230.1 thousand tons of methanol, which is 4.9 times higher than the same period last year, the...

Tags: SOCAR
SOCAR hopes to open company office in Turkmenistan

caspianbarrel.org - 19:52 Jun 07, 2022

The State Oil Company of Azerbaijan Republic (SOCAR) hopes to soon open a branch and an office within the framework of the Dostlug project, which...

Tags: SOCAR

SOCAR | Oil & Gas Feed

"SOCAR" in Energy feed

Oil and gas production of the SOCAR decreased in the first quarter

SOCAR and ACWA Power sign cooperation agreement on green fertilisers

Vice President: SOCAR may continue to supply gas to Romania

Equinor expects to close the deal to sell assets to SOCAR in Azerbaijan in 2024

Equinor exits Azerbaijan, divesting all its remaining assets to SOCAR

SOCAR to deliver 400 million cubic metres of gas to Serbia

Russia’s Lukoil lends Socar $1.5 billion in deal to supply its Turkish STAR refinery

SOCAR starts injecting gas into Hungarian storages

Exclusive: BP, Azerbaijan’s Socar make maiden bid for Israeli offshore gas – sources

Last year, only 9.3% of SOCAR’s revenues were generated due to operations in Azerbaijan

SOCAR signs MoU with Japan Bank for International Cooperation on decarbonisation projects

SOCAR’s quarterly reports are published late

Romgaz signs 1 bcm gas delivery contract with SOCAR

Masdar partners with SOCAR to develop renewable energy projects with 4 GW capacity

Azerbaijan’s SOCAR halts Russian crude supplies to Turkish refinery

SOCAR to start drilling new oil wells at Naftalan field in 2023

Ilham Shaban: SOCAR preparing to apply experience gained in foreign markets in local market

SOCAR discusses expansion of TANAP and TAP with EU

Over 83% of SOCAR methanol produced is exported

SOCAR hopes to open company office in Turkmenistan

Popular Tags

Play Chess Online