In 2011, Abbasov began reporting on protests against SOCAR, the state oil company, by Sulutəpə citizens whose homes were being demolished by the company.
In 2011, after company went defunct, club was overtaken by SOCAR Petroleum and changes its name to FK Neftchala.
SOCAR is the sponsor of Association of Football Federations of Azerbaijan and Neftçi Baku PFK, they have also struck a deal with UEFA to sponsor their international football competitions.
SOCAR |
On April 25, 2009, reports quoted SOCAR President Rovnag Abdullayev as saying that the current deal for the supply natural gas by Azerbaijan to Turkey was outdated and that talks on a new price deal were under way.
The MOU was signed by the President of SOCAR, Rovnag Abdullayev and Chief Executive of Exploration and Production of BP, Andy Inglis in the presence of President of Azerbaijan, Ilham Aliyev and former Prime Minister of the United Kingdom, Gordon Brown.
In August 2012, consortium partners BP, SOCAR and Total S.A. signed a funding agreement with TAP's shareholders, including an option to take up to 50% equity in the project.