SOCAR

SOCAR increases number of filling stations in Romania to 38

SOCAR has put into operation a new gasoline filling station in Romania, according to information on the official website of SOCAR.

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SOCAR waiting for government's decision to allocate funds from state budget for petrol imports

The State Oil Company of Azerbaijan (SOCAR) expects the government to provide funds from the state budget needed to purchase certain volumes of AI-92 and AI-95 petrol in connection with the closure

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Turkey earns $8 billion on Azerbaijan oil and gas projects

The Turkish state and companies have earned over $8 billion on the implementation of the projects of the main export oil pipeline Baku-Tbilisi-Ceyhan (BTC), Transanatolian gas pipeline (TANAP) and

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In H1, SOCAR reduced oil production by 2%

In the first six months of 2017, SOCAR produced 3 705.4 thousand tons of oil, which is by 2.1% less than in the same period of last year, SOCAR reports.

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SOCAR: Upgrade of Azerbaijani oil processing industry to increase gasoline quality

Modernization of the Azerbaijani oil processing industry will improve the quality of gasoline produced here.

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Turkey set priorities in gas sector, not in favor of Russia

Gazprom started construction of the underwater part of the Turkish Stream gas pipeline, but the administration of the President of Turkey believes that the priority for the country is another proje

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SOCAR achieves the cancellation of the decision of the Antimonopoly Committee of Ukraine on the fine.

After six months of litigation SOCAR Petroleum, a Ukrainian subsidiary of the Azerbaijani SOCAR, has canceled the decision of the Antimonopoly Committee of the Ukraine on violation of economic comp

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In June Trafigura increased gas supplies to Ukraine by 8 times

In June, the international trader Trafigura increased its natural gas supplies to Ukraine to its subsidiary Trafigura Ukraine by 8 times compared to import in May.

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OPEC explains decline in Azerbaijan oil production by absence of new projects

The Organization of Petroleum Exporting Countries (OPEC) in the July review of the situation in the world fuel market reported a decline in oil production in Azerbaijan, mainly "due to the lac

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SOCAR-AQS has started drilling a new well in the shallow part of the Gunashli field

SOCAR-AQS started drilling a new well in Guneshli shallow waters with a design depth of more than 2.7 thousand meters, this is reported on July 12, 2017 by SOCAR.

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Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
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