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Latest Azerbaijan Oil & Gas News

  • Saakashvili: UN Abkhaz Resolution 'Historic' 17 May 2008 08:14 GMT
    ... Saakashvili was speaking at a ceremony of launching new oil terminal owned by the Azeri state oil company, , in Kulevi on Georgia’s Black Sea coast on May 16. ...

  • ECONOMIC DEVELOPMENT MINISTER OF AZERBAIJAN MEETS WITH ISRAEL`S MINISTER OF AGRICULTURE 17 May 2008 07:35 GMT
    ... COMTEX) -- Minister of Economic Development of Azerbaijan Heydar Babayev met with visiting Israels Minister ... were paid to farmers to purchase, motor oil, fuel and fertilizers. Moreover, Agroleasing joint-stock company was ...

  • AZERBAIJANI MINISTER OF ECONOMIC DEVELOPMENT MEETS CUBAN DELEGATION 17 May 2008 07:35 GMT
    ... (Asia Pulse Data Source via COMTEX) -- Azerbaijani Minister of Economic Development Mr. Heydar Babayev ... cooperate with Azerbaijan in all areas, including oil sector. Cuban charge d'affaires to Azerbaijan Mr. Marcello ...

  • CIBC MEMBERS MEET WORLD BANK COUNTRY MANAGER FOR AZERBAIJAN 17 May 2008 03:39 GMT
    ... Gregory Jedrzejczak, World Bank Country Manager for Azerbaijan in the International Trade Center (ITC). CIBC ... rendering assistance to the government to use oil revenues for developing non-oil sector in the country. ...

  • Medvedev Kicks Off Kazakhstan Courtship 17 May 2008 03:16 GMT
    ... remain divided over some divergent interests, notably oil transit, despite Russian claims to the contrary. On ... the Caspian Sea for the Baku-Tbilisi-Ceyhan in Azerbaijan. In February 2008, as an additional incentive ...

  • Russia: Moscow Pushes Ahead With Pipeline Bypassing Belarus 17 May 2008 01:30 GMT
    ... Putin says Russia is building a new oil pipeline that will bypass Belarus en route to ... delivery partners in Venezuela, in Iraq, in Azerbaijan -- are attempts to compensate for this ...

  • AustraliaPraised For New Refugee Policy 15 May 2008 16:19 GMT
    ... production at one of its most important oil businesses. The plan is designed to inject cash ... needed. Russia abstained from the vote. [ Azerbaijan's leading commercial bank Azerigasbank has sold a ...

  • UN warns of 'second wave of deaths' as Myanmar braces for new cyclone 15 May 2008 16:19 GMT
    ... production at one of its most important oil businesses. The plan is designed to inject cash ... needed. Russia abstained from the vote. [ Azerbaijan's leading commercial bank Azerigasbank has sold a ...

  • Rwandan parliament to create public accounts watchdog 15 May 2008 16:19 GMT
    ... production at one of its most important oil businesses. The plan is designed to inject cash ... needed. Russia abstained from the vote. [ Azerbaijan's leading commercial bank Azerigasbank has sold a ...

  • World Bank shifts HIV/AIDS focus in Africa 15 May 2008 16:19 GMT
    ... production at one of its most important oil businesses. The plan is designed to inject cash ... needed. Russia abstained from the vote. [ Azerbaijan's leading commercial bank Azerigasbank has sold a ...

  • World Bank eyes slower 2008 Latin American growth 15 May 2008 16:19 GMT
    ... production at one of its most important oil businesses. The plan is designed to inject cash ... needed. Russia abstained from the vote. [ Azerbaijan's leading commercial bank Azerigasbank has sold a ...

  • Arawak announces first quarter results 15 May 2008 14:17 GMT
    ... Revenue and expenses per boe sold Crude oil and gas sales $66.34 $43.30 Interest and ... 2008 with production from Kazakhstan, Russia and Azerbaijan averaging 11,948 barrels of oil equivalent per ... the remaining interest being held by Lundin Petroleum AB. Also in Russia, Arawak holds a ...

  • Canada won't back UN's 'right to food' 15 May 2008 14:15 GMT
    ... member states Netherlands, India, Cameroon, Madagascar and Azerbaijan. "The Conservatives are being honest to their ... say is driven in part by rising oil prices, some commodity speculation and increased demand for ...

  • Canada won't back 'right to food' 15 May 2008 13:53 GMT
    ... member states Netherlands, India, Cameroon, Madagascar and Azerbaijan. "The Conservatives are being honest to their ... say is driven in part by rising oil prices, some commodity speculation and increased demand for ...

  • Scottish Business Briefing ' Thursday 15 May 2008 15 May 2008 07:49 GMT
    ... as the job market continues to endure turmoil. The rise was seen on both sides of the ... renowned for making a large find in Azerbaijan but has now acquired a portfolio of ...

  • Solid result from StatoilHydro 15 May 2008 07:41 GMT
    ... first quarter result was influenced by high oil and gas prices. The increase in net income from ... (NCS) and the deepwater Gunashli field in Azerbaijan." "We continue to build long term growth ...

  • AZERBAIJAN FOOD INDUSTRY EXHIBITION TO BE HELD IN MAY 15 May 2008 06:07 GMT
    ... AZERBAIJAN FOOD INDUSTRY EXHIBITION TO BE HELD IN ... fish and sea products, milk products, ice-cream, fat-and-oil products, canned food, soft drinks, spirits, confectionery and ...

  • 14th Azerbaijan International Food Industry Exhibition will start at Heydar Aliyev Sports Concert Complex in Baku on May 15-17. 15 May 2008 05:22 GMT
    ... Pulse Data Source via COMTEX) -- WorldFood/WorldFoodTech Azerbaijan is organized by the British Exhibition company ... fish and sea products, milk products, ice-cream, fat-and-oil products, canned food, soft drinks, spirits, confectionery and ...

  • 14TH AZERBAIJAN INT'L FOOD INDUSTRY EXHIBITION TO START SHORTLY 15 May 2008 05:22 GMT
    ... Pulse Data Source via COMTEX) -- 14th Azerbaijan International Food Industry Exhibition will start at ... fish and sea products, milk products, ice-cream, fat-and-oil products, canned food, soft drinks, spirits, confectionery and ...

  • Turkmenistan's new course: playing the gas card between Russia, Europe and China 15 May 2008 04:39 GMT
    ... of gas and 79 million tons of oil ). Along with Turkey, China is also exploring the ... the ports of TürkmenbaÅŸy and Baku in Azerbaijan, less than 250 kilometres from one another. ...

  • Oil prices: Some say up, some say down 15 May 2008 00:55 GMT
    ... again, reaching $4.39 a gallon Tuesday. Crude oil prices, after retreating slightly on Monday, climbed to ... fields (Saudi Arabia’s Khursaniyah, Nigeria’s Agbami and Azerbaijan’s Guneshli) expected to come online shortly. Combined, ...

  • Is Bigger Better for Azerbaijan's Budget? 14 May 2008 22:55 GMT
    ... love to ask: How best to use a 42-percent increase in state revenues? Surging oil prices have kicked off a debate in cash-rich Azerbaijan about spending practices and inflation that analysts say highlights dangerous pitfalls in the country's ...

  • North Sea royalty stakes for Ramco 14 May 2008 20:37 GMT
    ... process by making its first investment in North Sea exploration and production. The Aberdeen-based oil and gas firm, renowned for making a big find in Azerbaijan, has acquired a portfolio of royalty interests in UK offshore blocks from a Kent-based ...

  • Ukrainian gas group to raise £125m via London listing 14 May 2008 19:08 GMT
    ... in the country’s natural resource potential. Cadogan Petroleum, founded in 2005, should be valued at ... behind only Russia, Norway, the Netherlands and Azerbaijan – but is the Continent’s third-biggest gas ... and probable reserves of 80.4m barrels of oil equivalent, almost three-quarters of those in gas, ...

  • Azerbaijan bans election monitoring group 14 May 2008 17:39 GMT
    ... May 14 (Reuters) - A court in Azerbaijan banned an election monitoring organisation on Wednesday ... controls the entrance of a pipeline pumping oil to Europe from Asia. Massive wealth from Caspian Sea ...


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