Azerbaijan's state-owned SOCAR is gradually increasing production at its STAR oil refinery in Turkey and actively purchasing Russia's Urals crude oil to supply the plant, adding to shortages of ...

The FINANCIAL -- On November 3, SOCAR and UOP signed an agreement on construction of Heydar Aliyev Baku Oil Refinery. SOCAR President Rovnag Abdullayev, representatives of the company management ...

Baker Hughes Co. has signed a contract with the State Oil Company of the Republic of Azerbaijan (SOCAR) to reduce flaring at the latter’s Heydar Aliyev oil refinery in Baku.

Azeri state oil company SOCAR plans to sign contracts with a consortium of banks on financing for its Turkish oil refinery project on May 5, SOCAR's vice-president said on Wednesday.

State Oil Co. of Azerbaijan Republic (SOCAR) is planning to add a grassroots bitumen plant as part of program designed to modernize and expand operations at the company’s Heydar Aliyev (formerly ...

State Oil Co. of Azerbaijan Republic (SOCAR) has restarted delayed coking operations at its Heydar Aliyev refinery at Baku in Azerbaijan following maintenance.. As of Apr. 13, the refinery’s No ...

Innovative Baker Hughes Emissions Abatement Solution Chosen to Reduce Routine Flaring at SOCAR’s Baku Oil Refinery Published. Nov 14, 2024 11:00am EST.

Baker Hughes and SOCAR have signed a contract for an innovative emission-reduction solution aimed at reducing routine flaring at SOCAR's Heydar Aliyev oil refinery in Baku, Azerbaijan. The ...

Turcas Petrol AS, a Turkish fuel retailer, will seek as much as $4 billion in loans in the second half of this year with State Oil Co. of Azerbaijan to build an oil refinery on the country’s ...

"The refinery, depending on oil prices, will generate trade value of $6-8 billion annually,” Azerbaijani MP Tahir Mirkishili told the Azerbaijani news site Trend, adding that once it is complete, ...

Private Russian oil producer Lukoil will lend Azeri state oil firm Socar $1.5 billion as part of a broader deal that will allow Socar's 200,000-barrel-per-day Turkish STAR refinery to process ...

SOCAR’s oil refinery STAR is designed to have a processing capacity of 200,000 bpd, and it has already reached half that planned capacity, sources familiar with the refinery start-up told Reuters.