BAKU. April 8 (Interfax) - The State Oil Company of the Azerbaijani Republic (SOCAR) has established a subsidiary, SOCAR Tamar LLC, according to materials from the State Tax Service. The new company ...

Despite government claims of resilience, economists warn the new budget depends inequality, neglects infrastructure, and bets ...

Azerbaijan and Israel’s cooperation continues to grow, both through SOCAR’s purchase of a 10% stake in the Tamar field and ...

BP plc BP, the UK-based energy major, has secured a foothold in Israel’s offshore gas exploration sector through a newly granted set of licenses, marking a strategic move alongside Azerbaijan ...

A consortium of UK-based supermajor BP, Azerbaijan’s state oil and gas firm SOCAR, and Israeli company NewMed Energy on Monday signed a licensing agreement to explore for natural gas offshore ...

JERUSALEM (Reuters) - Israel awarded licences to BP, Azeri national oil firm Socar and local company NewMed Energy on Monday to explore for natural gas in Israeli waters as the country seeks to ...

BP plc BP, the UK-based energy major, and Azerbaijan’s SOCAR have entered Israel’s offshore gas sector through a joint licensing agreement with NewMed Energy, the Israeli Energy Ministry ...

Azerbaijan and Israel senior government officials discussed bilateral and multilateral cooperation during a meeting on ...

Israel’s government has confirmed the award of a significant offshore exploration tract to a partnership of BP, Azerbaijan’s state oil company Socar and local player NewMed Energy. Announcing ...

BP and its partners are set to be formally awarded a huge frontier exploration block in Israel this month, after which they can get to work preparing a 3D seismic shoot. In October 2023, the ...

A consortium of BP (NYSE:BP), Azerbaijan state oil and gas firm Socar, and Israeli company NewMed Energy (OTCPK:DKDRF) signed a licensing agreement to explore for natural gas offshore Israel, the ...