Wikipedia: Socar

While a major economic driver, SOCAR has faced significant scrutiny:

, or the State Oil Company of the Republic of Azerbaijan , is a fully state-owned national oil and gas corporation headquartered in Baku, Azerbaijan. As of 2026, it remains a critical pillar of the Azerbaijani economy, managing the country's vast hydrocarbon reserves both onshore and offshore in the Caspian Sea. Core Operations and Infrastructure Socar Wikipedia

: As of April 2026, Natig Mustafayev serves as the Chief Executive Officer of the SOCAR Trading division. Historically, current Azerbaijani President Ilham Aliyev served as the company's first vice-president before taking office. Strategic Moves (2023–2026) While a major economic driver, SOCAR has faced

: SOCAR has begun diversifying into sustainable energy, commissioning Switzerland’s first fast-charging station for electric trucks and exploring offshore wind projects with Technip Energies. Controversies and Public Image from exploration to retail:

SOCAR's activities span the entire energy value chain, from exploration to retail: