Browsing: SOCAR

Serbia has taken an important step toward the development of a new gas-fired power generation facility after state-owned utility EPS and Azerbaijan’s SOCAR formalized the framework…

The prospect of SOCAR entering Serbia’s flagship energy company Naftna Industrija Srbije (NIS) in place of MOL Group is not a routine M&A scenario. It sits at the intersection of geopolitics, infrastructure control,…

Albania is set to emerge as a significant natural gas consumer, as Azerbaijan’s state energy company SOCAR prepares to supply gas to the city of Korca.…

Azerbaijan’s SOCAR and Hungary’s MVM ONEnergy have finalized a new gas supply agreement, enabling Hungary to receive up to 800 million cubic meters of natural gas…

According to media reports, Turkish conglomerate Cengiz Holding and Azerbaijan’s state-owned energy company SOCAR are moving forward with plans to acquire Lukoil’s Neftochim Burgas refinery in…

Naftogaz Group has signed its first supply agreement with SOCAR Energy Ukraine, a subsidiary of Azerbaijan’s SOCAR group, to import natural gas from Azerbaijan using the…

The State Oil Company of Azerbaijan (SOCAR) is set to launch natural gas supply operations in the Albanian city of Korca, marking the first phase of…

Azerbaijani Energy Minister Parviz Shahbazov and North Macedonia’s Minister of Energy, Mining, and Mineral Resources, Sanja Bozinovska, met to discuss enhancing gas supply cooperation between their…

In late December 2024, the Romanian Energy Regulatory Authority (ANRE) granted approval for SOCAR Trading Gas & Power, a subsidiary of Azerbaijan’s State Oil Company (SOCAR),…

North Macedonia’s state-owned power utility, ESM, has signed a Memorandum of Understanding (MoU) with the State Oil Company of Azerbaijan (SOCAR) to ensure reliable natural gas…