SOCAR collaborated with Boston Consulting Group on methane reduction and joined the Oil and Gas Decarbonization Charter.
1 report, 1 independent
Updated Sep 7
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What happened
SOCAR collaborated with Boston Consulting Group on methane reduction and joined the Oil and Gas Decarbonization Charter.
Who's involved
What this event is mainly aboutKeep exploring
Part of
SOCAR, the major energy company in Azerbaijan, is strategically shifting its focus from relying solely on oil and gas to developing a more diversified energy portfolio.Also in this story
- SOCAR is forming new strategic partnerships with ExxonMobil, TotalEnergies, and Apollo for major gas projects.
- IE University and SOCAR agreed on cooperation regarding energy transition and AI strategic priorities.
- SOCAR Trading is exploring expansion into new markets across Asia, Africa, and Europe, including Bangladesh, Pakistan, and Africa.
- A minister from Azerbaijan outlined the country's economic strategy during a forum, detailing the ongoing shift towards a diversified energy portfolio.
The entities involved
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Azerbaijan
country in the Caucasus in Eastern Europe and Western Asia
Related events
- SOCAR, Azerbaijan's state oil company, was identified in a recent report.
- SOCAR Group acquired Italiana Petroli in Italy, while SOCAR Georgia Petroleum operates in Georgia, aligning with European standards.
- SOCAR studies geothermal potential with partners, and solar power plant construction is underway in Jabrayil, Azerbaijan.
- SOCAR is using acquisitions to expand Azerbaijan's energy presence into the Italian and European markets.