Oil Worker’s Day celebrated in Azerbaijan on 20 September, is the perfect occasion to reflect on several current global developments that affect the global and Azerbaijani energy sector.
Azerbaijan and Ukraine are seeking to deepen cooperation in energy, reconstruction and trade, with Baku signalling its readiness to supply natural gas to Ukraine and expand its role in rebuilding projects following high-level talks in Kyiv.
A Russian drone strike has damaged a SOCAR fuel station in southern Ukraine, as both Russia and Ukraine reported new attacks on energy infrastructure and other targets.
Georgia’s only oil refinery will stop using Russian crude oil by September to preserve access to Western markets, its operator has said.
A new trilateral energy partnership involving Uzbekneftegaz, Azerbaijan’s state oil company SOCAR and BP has been announced during Uzbekistan Energy Week 2026 in Tashkent.
SOCAR has completed the acquisition of a 99.82% stake in Italiana Petroli (IP) from API Holding after receiving all required regulatory approvals.
SOCAR’s Carbamide plant in Sumgayit has been recognised by the World Economic Forum (WEF) as a Global Lighthouse site, marking Azerbaijan’s first inclusion in the Forum’s flagship Industry 4.0 network.
Azerbaijan's state-owned company, SOCAR, has started supplying natural gas to Austria and Germany, the company has confirmed.
Georgia is set to impose a transit fee on the second shipment of petroleum products from Azerbaijan to Armenia, according to Armenian media quoting a statement from Karen Ayiryan, Director of Mega Trade on Thursday (8 January).
In today’s Prime Time, we covered the following conversations: Azerbaijan has shipped petroleum products to Armenia by rail for the first time in decades, marking a significant step toward economic cooperation and regional integration in the South Caucasus.
Azerbaijan and Uzbekistan have strengthened their energy partnership with the launch of a joint exploration project in the Ustyurt region, highlighting growing strategic cooperation between the two countries.
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