Bond.az White LogoBond.az Black Logo

Rovshan Najaf: SOCAR becomes global energy and tech company

Rovshan Najaf: SOCAR invests in AI and data centers, becoming a global energy and technology company.

Matthew King
ByMatthew King- Senior Editor
|
0

SOCAR President Rovshan Najaf spoke at the 31st Baku Energy Forum.

He said SOCAR is investing in AI and data centers.

“For long-term competitiveness, we invest in these areas,” Najaf noted.

The company is transforming from an oil firm into an energy and technology company.

Najaf emphasized that the number of foreign experts at SOCAR is increasing.

“Previously, SOCAR was mainly an Azerbaijani company; now we are becoming an international company,” he stated.

More News
Today / 06:32
|
366

Cybersecurity of financial markets assigned to Central Bank

Cybersecurity of financial markets assigned to Central Bank. New draft law strengthens cyber protection measures.

0
Today / 06:31
|
891

Cyberattacks on Intelligence Agencies to Remain Secret

Cyberattacks on intelligence agencies will remain secret under a new bill centralizing cybersecurity information for critical systems.

0
Today / 06:01
|
614

Azerbaijan oil price drops to $79.76

Azerbaijan oil price drops: "Azeri Light" crude falls to $79.76 per barrel.

0
Yesterday / 17:01
|
373

SOCAR launches innovation competition

SOCAR launches innovation competition on smart urban planning. Students, startups, and researchers can apply for a 6-week mentorship program.

0
Yesterday / 10:31
|
415

Oil prices drop: Brent $77.56, WTI $73.73

Latest oil prices on global exchanges: Brent at $77.56, WTI at $73.73, down.

0
Yesterday / 10:00
|
481

SpaceX shares drop $400 billion in one day

Elon Musk's SpaceX shares lost $400 billion in value in one day. Stock price fell to $154.6.

0
Yesterday / 07:32
|
372

Sustainable agricultural development base formed

Presidential aide Shahmar Movsumov announced the formation of a base for sustainable agricultural development in Azerbaijan.

0
Yesterday / 07:31
|
863

Fines for false seed info expanded

Fines for false information in seed activities expanded. New draft law sets penalties for individuals, officials, and legal entities.

0
Yesterday / 07:31
|
925

New bill on agricultural land consolidation in Azerbaijan

Azerbaijan's Milli Majlis discusses a bill on agricultural land consolidation. Landowner rights and compensation are key provisions.

0
Yesterday / 06:00
|
927

Azerbaijan oil drops to $80

Azerbaijan oil price falls to $80.43. Azeri Light crude decreases by $2.52.

0
2026-06-22 17:30
|
302

6 wagons of fertilizer from Russia to Armenia via Azerbaijan

Russia will send 6 wagons of fertilizer to Armenia via transit through Azerbaijan. Date: June 23.

0
2026-06-19 12:02
|
961

Baku at Center of OIC Anti-Corruption Agenda

Baku at the center of OIC's anti-corruption agenda. A cooperation document signed for the high-level meeting on October 27-28, 2026.

0
...
Rovshan Najaf: SOCAR becomes global energy and tech company | Bond.az