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Azerbaijan Caspian Oil News. Service for global professionals. Constantly updated news and information about Azerbaijan.
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Latest Azerbaijan Caspian Oil News

  • Azerbaijani President decreed to mark 80th birthday anniversary of SOCAR first vice president at state level 29 Dec 2009 07:10 GMT
    ... the first vice president of the State Oil Company of Azerbaijan (SOCAR). According to the decree, ... great services in development of oil and gas industry and science of Azerbaijan, the President ... oil and gas exploration projects in the Caspian Sea. Under the direction and direct participation of ...

  • In wake of airline incident: Drumbeat for US war in Yemen 29 Dec 2009 06:32 GMT
    ... In wake of airline incident: Drumbeat for US war in ... for a third US war in the oil-rich regions stretching from the Middle East to Central Asia. The Northwest Airlines incident has provoked calls ...

  • Russia seeks to double Azeri gas intake 29 Dec 2009 01:10 GMT
    ... MOSCOW, Dec. 28 (UPI) -- Russia is planning to ... in October. Abdullaev, president of Azerbaijan's state oil and gas company Socar, said: "We have ... of the largest consumers of gas from Central Asia. The China-Turkmenistan pipeline also signals a geopolitical ...

  • EU urges Russia, Ukraine to ensure oil supplies 28 Dec 2009 22:10 GMT
    ... Russia and Ukraine Monday to ensure steady oil supplies to Europe, confirming that Moscow had triggered ... row was not linked to a natural gas dispute that is festering and threatens to ... Cesko, notably the IKL pipeline which brings Caspian, Middle Eastern and North African oil from the ...

  • China versus Russia and the battle of Pipelinestan' 28 Dec 2009 20:50 GMT
    ... China versus Russia and the battle of 'Pipelinestan' Last ... 3:37PM GMT By opening a pipeline through Central Asia, China has broken Russia’s long-standing dominance over ... investors. With some of the world’s biggest oil, gas and metals reserves, Central Asia has ...

  • Predicting Russia in 2010 28 Dec 2009 19:51 GMT
    ... Yanukovych, because his approval rating is 15-16 per cent ... Igor Shuvalov or Sergei Naryshkin. Will the oil price go up or down, and by how ... growth, further declines in interest rates, rising reserves, banks starting lending again, and maybe even ...

  • Economic reform, not oil, will help Russia overcome crisis - Medvedev 28 Dec 2009 18:52 GMT
    ... Dec 28, 2009 (BBC Monitoring via COMTEX) -- Russia ... reform and not through reliance on and gas exports, President Dmitriy Medvedev said on 28 ... it quickly and competently." Medvedev described North Caucasus as one of the worst affected regions in ...

  • Ankara losing money on BTC 28 Dec 2009 18:50 GMT
    ... more than $200 million since the Baku-Tbilisi-Ceyhan oil pipeline went into operation, reports said. A confidential ... field in the Azeri waters of the Caspian Sea. BTC exports oil at a rate of ... 2009 United Press International, Inc. All Rights Reserved. ...

  • Oil and gas are most reliable allies for Azerbaijan, Russian political scientist 28 Dec 2009 12:00 GMT
    ... Oil and gas are most reliable allies for ... Union could execute it in the South Caucasus in the 20th century. At that time Armenians and ...

  • Mild winter weakens oil prices: think tank 28 Dec 2009 11:12 GMT
    ... Mild winter weakens oil prices: think tank disclaimer: image is for illustration ... recent price falls and recession-induced low demand. OPEC oil ministers are meeting in Luanda, Angola, ... losses, said the Center. Production from the Caspian Sea has also been growing steadily, CGES said. Added ...

  • Azerbaijan agrees to supply more natural gas to Russia 28 Dec 2009 09:57 GMT
    ... Azerbaijan has decided to double the supplies of ... Rovnag Abdullayev, the president of the State Oil and Gas Company. The two ex-Soviet states ... on October 14, 2009 under which the Caucasus nation was to supply 500 million cu m ...

  • Cuban ambassador: Cuba is well aware of success achieved by Azerbaijan 28 Dec 2009 09:18 GMT
    ... Interview with Cuba's Extraordinary and Plenipotentiary Ambassador to ... Caribbean and Cuba's one in the Southern Caucasus. From that moment, the Azerbaijani-Cuban relations began to ... of the equipment used by Cuba in oil industry, have been made in Azerbaijan. We ...

  • Russia to get more gas from Azerbaijan in 2010 28 Dec 2009 08:42 GMT
    ... energy firm SOCAR said it will double gas supplies to Russia in 2010 to one ... potential European energy supplies in the hydrocarbons-rich Caspian Sea. The agreement may ultimately deprive the European ... based on global market rates. Rich in oil and gas and strategically located between Russia and Iran, ...

  • Kremlin control of energy challenges EU 28 Dec 2009 02:50 GMT
    ... radical shift in the focus of Whereas oil and gas had hitherto been regarded primarily as revenue-generating ... open a direct energy corridor to the Caspian and beyond. And it could insist on strict reciprocity, ...

  • Uzbekistan holds stage-managed election 28 Dec 2009 02:50 GMT
    ... TASHKENT, December 27 – Uzbekistan held a stage-managed parliamentary ... Uzbekistan – an agrarian nation with large oil, gas, gold and uranium reserves but where up ...


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