The State Oil Company of the Azerbaijan Republic signed an agreement to acquire a 10 percent stake in the producing Baleine field offshore Cote d'Ivoire from Italy's Eni. Image by KarinaUvarova via ...

SOCAR signs oil exploration agreement with Exxon Sources say SOCAR will also announce offshore sale to BP Azerbaijan to increase natural gas exports, Aliyev says Azerbaijan's production mainly relies ...

Oil executives called on Thursday for a return to navigation through the Red Sea en route to the Suez Canal following a halt in attacks by Iran-backed Houthi rebels, but said firms were cautiously ...

Davos, Jan. 22 -- The State Oil Company of the Republic of Azerbaijan (SOCAR) announced it will finalize its investment in Pakistan's oil and gas sector in February. The announcement was made by SOCAR ...

The compression project will access low-pressure gas and enable the production of an additional 1.77 trillion cubic feet of gas and 25 million barrels of condensate. Image by Igors Aleksejevs via ...

Russia has struck the SOCAR oil depot in the Odesa region for the second time. It is doing this deliberately, acting against Azerbaijan’s interests, Ukrainian Foreign Minister Andrii Sybiha said.

The partnership aims to identify promising production zones of the mature assets, develop comprehensive reservoir modeling, and design well and drilling rig programs to support the Early Production ...

Turkey’s state energy firm TPAO will sign a partnership deal with UK-based supermajor BP and with Azerbaijan’s state oil and gas company Socar for the development of a natural gas field in the Azeri ...

The production growth will come from the Azeri field operated by the BP-led Azeri International Oil Consortium, and the best that is hoped for from Socar's own fields is that it will be able to ...

BAKU (Reuters) -Exxon Mobil and Azeri state energy company SOCAR said on Monday they signed a deal agreeing to explore onshore oil and gas production in Azerbaijan, while BP is expected to buy into ...