SOCAR Group acquired Italiana Petroli in Italy, while SOCAR Georgia Petroleum operates in Georgia, aligning with European standards.

The entities involved

• Azerbaijan →

  country in the Caucasus in Eastern Europe and Western Asia

  • The Middle Corridor, linking Central Asia and Europe, is gaining significance in regional trade and energy routes.Mon 17:06
  • Armenian elections bolster pro-EU trajectory, prompting Russian opposition and EU counter-pressure against Moscow's economic tactics.Mon 17:00
• Italy →

  country in southern Europe

  • Fast food chains are rapidly expanding across Italy.Mon 17:40
  • Antonio Tajani cancelled a trip to the US after Donald Trump made controversial remarks about Giorgia Meloni.Mon 17:31
• Georgia →

  country in the Caucasus region of Europe and Asia

  • Azerbaijan, Türkiye, and Georgia held trilateral cooperation talks on foreign policy and regional issues.Mon 15:03
  • Rico Express placed bonds on the Georgian capital market, with TBC Capital serving as the placement agent.Mon 14:05

Related events

• SOCAR, Azerbaijan's state oil company, was identified in a recent report.Jun 10
• SOCAR collaborated with Boston Consulting Group on methane reduction and joined the Oil and Gas Decarbonization Charter.Sep 7
• SOCAR plans to incorporate electric compressors from companies like Baker Hughes into its operations.Sep 7
• 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.Jun 16