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The British multinational oil and gas company BP and its partners will lead a $6 billion development of the giant…
Tuesday, 19 February 2019 04:42

As Traders Tussle Turkmenistan Cuts Exports

A clash between trading house Vitol and Azerbaijan's SOCAR over Caspian Sea oil shipments is forcing Turkmenistan to slash exports…
Wednesday, 26 December 2018 05:10

SOCAR Installs New Platform at Bulla-Deniz

A new stationary drilling platform was commissioned on Monday at the Bulla-Deniz offshore field in Azerbaijani sector of the Caspian…
The commercial start-up of Turkey's new $6.3 billion oil refinery has been delayed until early next year and the plant…
A new $6.3 billion refinery set up by the Azeri state oil company in Turkey will reduce Ankara's dependence on…
Azeri state energy company SOCAR plans to start up its new oil refinery in Turkey next week, a spokeswoman at…
Thursday, 14 September 2017 07:53

Industry majors ink Azerbaijan E&P

The Azerbaijan government and the State Oil Company of the Republic of Azerbaijan (SOCAR), together with BP, Chevron, INPEX, Statoil,…
Thursday, 26 May 2016 02:05

BP, SOCAR to explore Azerbaijan block

BP and SOCAR signed a memorandum of understanding (MOU) to jointly explore potential prospects in Block D230 in the north…
Monday, 07 December 2015 02:45

Azerbaijan searches for missing rig workers

A search for missing oil workers continues in the Caspian Sea following a fire offshore Azerbaijan in which started on…
Thursday, 30 April 2015 11:04

Statoil completes sale of Shah Deniz share

On 30 April 2015, Statoil completed their sale of 15.5% share in Shah Deniz to PETRONAS, announced previously on 13…
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