SOCAR Energy Georgia is one of the largest companies in Georgia

As a result of the joint activities of SOCAR Georgia Gas and the Government of Georgia, it is expected that by the end of 2024, the level of gasification in Georgia will reach 88%

SOCAR announces start date for construction of an electrolysis plant in Switzerland

SOCAR plans to deploy 100 high-speed battery devices in Switzerland by 2026, ABC.AZ informs, referring to SOCAR's Sustainable Development Report 2023.

18 accidents occurred in SOCAR structures, 2 people died

By the end of 2023, 18 accidents were registered in Azerbaijan in the fields of activity of the Azerbaijan State Oil Company (SOCAR).

SOCAR fired 1,195 people

In 2023, 1,195 employees were laid off at enterprises within the SOCAR structure.

Net profit of Southern Gas Corridor CJSC for this period totaled $901.55 million.

What kind of work will SOCAR do in Karabakh?

Shell blocks sale of part of its oil assets in Nigeria

Nigerian authorities have blocked the sale by Shell energy group of its oil and gas production assets located on the mainland of the African country and in the Gulf of Guinea in the immediate vicinity of the coast.

Azerbaijani oil has risen in price

Azerbaijani oil has risen in price at the world markets.

Putin and Erdogan plan discussing the creation of a gas hub

Oil price goes down, Brent - $73.95 per barrel

Oil production starts in Kyrgyzstan at Severny Sokh and Chongara-Galcha fields

LUKOIL bought 2 service companies operating in KhMAO

LUKOIL bought 2 service companies in Khanty-Mansiysk Autonomous Okrug (KhMAO).

668 hectares allotted for green energy projects in Nakhchivan

668 hectares have been allotted for the construction of a solar power plant for green energy projects in Nakhchivan city.

Kiev promised Budapest oil supplies from Russia

Oil price goes up, Brent - $73.37 per barrel

Prices for oil of benchmark grades are increasing in Monday’s trading after a sharp decline following the past week.

Azerbaijan's GL Group has bought out a 25% stake in a natural gas field development project in Türkiye

Ex-head of Ukrenergo criticized authorities for situation in energy sector

162 solar panels installed on territory of this plant

Eight solar and wind power plants to be connected to grid until 2027

Azerbaijan plans to implement projects for construction of eight solar and wind power plants with total cost of $2.8 billion until 2027 at the expense of foreign and local investments.

Russia to build a low-power nuclear power plant for Mongolia

Oil reserves in U.S. decreased

Commercial oil reserves in the U.S. declined by 2.19 million barrels last week to 420.55 million barrels.