SOCAR Energy Switzerland, a subsidiary of the State Oil Company of the Azerbaijani Republic (SOCAR), has commissioned Switzerland’s first fast-charging station for electric trucks.
Located at the Kölliken-Nord rest area along the A1 national highway, the new station is designed specifically for charging electric heavy-duty vehicles, offering a maximum power output of 400 kW.
This high-capacity infrastructure significantly reduces charging times for electric trucks—a major benefit for the logistics sector, - said SOCAR Energy Switzerland in its statement.
By the end of 2026, SOCAR plans to install around 100 charging points for electric passenger and commercial vehicles across Switzerland.
Kölliken holds historical significance as one of the first Swiss towns to introduce roadside refueling infrastructure. Switzerland’s first highway gas station opened there in 1967.
In Switzerland, SOCAR is active in the retail petroleum market, continually expanding its network of gas stations under the SOCAR brand.
In November 2011, SOCAR signed an agreement in Zurich to acquire shares in Ecco Schweiz GmbH for $330 million. The deal granted SOCAR control of a retail network of 170 gas stations, which has since grown to 200.
Zurich also hosts the headquarters of SOCAR Trading, the company’s international trading arm.
On July 1, 2023, SOCAR further expanded its clean energy efforts by opening Switzerland’s first hydrogen refueling station, located at Grauholz Süd.
Vietnam and Azerbaijan plan to expand cooperation in oil exploration and production. Several energy sector agreements were signed during the recent state visit of To Lam, General Secretary of the Communist Party of Vietnam, to Azerbaijan.
On March 4, President of the Republic of Azerbaijan Ilham Aliyev met with Nail Maganov, General Director of Russia’s "Tatneft," Askhat Khassenov, Chairman of the Management Board of Kazakhstan’s "KazMunayGas," and Bakhodirjon Sidikov, Chairman of the Board of Uzbekistan’s "Uzbekneftegaz."
Israel has reportedly proposed a 60-day ceasefire in the Gaza Strip in exchange for the release of half of the remaining living Israeli hostages held by Hamas, according to a report Sunday by Israeli public broadcaster KAN.
Start your day informed with AnewZ Morning Brief: here are the top news stories for May 19th, covering the latest developments you need to know.
U.S. President Donald Trump lashed out at Walmart on Saturday, urging the retail giant to absorb the costs of import tariffs rather than pass them on to consumers, as the company warned it would begin raising prices later this month due to the ongoing trade war.
Steve Witkoff, U.S. President Donald Trump's special envoy to the Middle East, expressed confidence that Monday's planned phone call between Trump and Russian President Vladimir Putin could help advance peace efforts.
Ukrainian President Volodymyr Zelenskyy met Turkish President Recep Tayyip Erdogan in Ankara on May 15, with discussions reportedly focusing on upcoming peace talks between Ukrainian and Russian delegates in Istanbul.
Israeli Prime Minister Benjamin Netanyahu said the war in Gaza will not stop until Hamas is destroyed, following the release of US-Israeli soldier Edan Alexander.
Qatar signed a landmark agreement with U.S. aerospace giant Boeing on Wednesday to acquire 160 aircraft for Qatar Airways, a deal valued at $200 billion. The signing took place in Doha during the visit of U.S. President Donald Trump.
Ukrainian and Russian delegations meet behind closed doors at Istanbul’s Dolmabahçe Palace at 10:00 local time today to explore security guarantees, territorial integrity and a possible ceasefire.
EU approves 17th Russia sanctions, blacklisting almost 200 shadow‑fleet ships, 30 evasion firms and 75 defence figures, banning missile chemicals and arming Brussels to strike Kremlin hybrid and operations.
The European Bank for Reconstruction and Development (EBRD) has approved its Strategic and Capital Framework (SCF) for the next five years, demonstrating strong and continued support for Ukraine.
The number of billionaires in the UK has dropped for the second year in a row, hitting the lowest level in over a decade, according to The Sunday Times Rich List 2025.
The European Bank for Reconstruction and Development (EBRD) has approved a trade finance line of up to $5 million (€4.4 million) for Unibank under its Trade Facilitation Programme (TFP). The agreement, signed during the EBRD’s 2025 Annual Meeting in London.
Vietnam has approved a $1.5 billion project by the Trump Organization and Kinhbac City to build golf courses, resorts, and homes. Work is set to begin this quarter and finish by mid-2029.
S&P says easing tariff tensions between the US and China has improved macroeconomic conditions by lowering uncertainty, boosting markets, and reducing risks, though global trade challenges still weigh on credit conditions.
Israel has reportedly proposed a 60-day ceasefire in the Gaza Strip in exchange for the release of half of the remaining living Israeli hostages held by Hamas, according to a report Sunday by Israeli public broadcaster KAN.
Start your day informed with AnewZ Morning Brief: here are the top news stories for May 19th, covering the latest developments you need to know.
U.S. President Donald Trump lashed out at Walmart on Saturday, urging the retail giant to absorb the costs of import tariffs rather than pass them on to consumers, as the company warned it would begin raising prices later this month due to the ongoing trade war.
Steve Witkoff, U.S. President Donald Trump's special envoy to the Middle East, expressed confidence that Monday's planned phone call between Trump and Russian President Vladimir Putin could help advance peace efforts.
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