Tag: SOCAR

ExxonMobil to function Azerbaijan shale enterprise with SOCAR

(Bloomberg) -- ExxonMobil has agreed to pump oil and pure fuel from Azerbaijan’s shale fields because the Texas power big takes its fracing experience abroad.  ExxonMobil has entered a three way partnership with Azerbaijan’s...

MOL Group to function new onshore exploration block below SOCAR settlement in Azerbaijan

MOL Group and SOCAR have signed a complete onshore exploration, growth and manufacturing sharing settlement protecting the Shamakhi-Gobustan area of Azerbaijan, strengthening their long-standing upstream partnership within the Caspian area. Beneath the settlement, MOL...

🚨 Russia’s Assaults on SOCAR Services: Desperation or Strategic Miscalculation?

Russia’s August drone strikes on SOCAR’s oil depots in Odesa destroyed 17 storage tanks, a pumping station, and operator amenities—but the actual affect could also be geopolitical,...

Eni, SOCAR to broaden oil and gasoline exploration, greenhouse gasoline emissions discount in Azerbaijan

(WO) – Eni and Azerbaijan’s state vitality firm SOCAR have signed three Memorandums of Understanding (MoU) within the areas of vitality safety, greenhouse gasoline emissions discount and the biofuel manufacturing chain. ...

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