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Launched construction work for gas connector Greece - Bulgaria
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SOCAR AQS supports youth career development
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Gazprom hopes for growth in demand for Russian gas in Europe

Gazprom expects that demand for Russian gas in Europe in the medium term will only grow, said company head Alexei Miller at today’s meeting with…

Norwegian Fund Sells Assets of Oil and Gas Sector

After a lengthy discussion on March 8, the Government of Norway adopted recommendations for the State Sovereign Fund (Government Pension Fund Global, GPFG), in which…

Uzbekistan Owes LUKoil $ 600 Million for Gas

Uzbekistan owes LUKoil about $600 million in gas supplies in 2018, while under a debt restructuring agreement, the Russian company pledged to supply gas to…

SOCAR AQS Sponsored and Participated in the Career Week

SOCAR AQS Sponsored and Participated in the Career Fair within Career Week event at ADA University February 27 – March 1, 2019 – SOCAR AQS…

Epsilon Plans to Invest $2 Bn in Gas Exploration in Uzbekistan

The US investment company Epsilon Development Company plans to invest more than $ 2 billion in the development of five large investment blocks with gas…

SOCAR Preparing to Enter Bulgarian Gas Market

SOCAR Balkans (Balkan subsidiary of SOCAR) will prepare a model for doing business in Bulgaria, the head of the company Murad Heydarov said. “Each market…

ExxonMobil Discovered Gas Field on Cyprus Shelf

American ExxonMobil has discovered new natural gas reserves on the Cyprus shelf, the company said yesterday. Gas deposits have been discovered near the Glaucus-1 well,…

Azerbaijan Increased Gas Exports to Turkey by 15% in 2018

Azerbaijan exported 7,521.15 million cubic meters (mcm) of gas from the Shah Deniz field to Turkey in 2018, which is 14.9% higher than in 2017,…

U.S. Oil Imports at 23-Year-Low, Output Hits Another Record

Weekly crude imports fell 1.61 million barrels a day to 5.92 million, the lowest level since 1996. The U.S. imported the least amount of crude…

Kazakh specialists to participate in drilling at jackup rig transferred to Azerbaijan

Kazakh specialists will participate in drilling as well as provide technical support during the operation of the jackup floating drilling rig transferred in trust to…

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