Azerbaijani President confident about Ukraine gas route talks
Azerbaijani president Ilham Aliyev expressed Friday confidence in the outcome talks between Russia Ukraine, which his country facilitates to keep Russian Gas flowing through Ukraine into several European nations.
BP to Sign Azerbaijan Oilfield Extension
British oil company BP expects to sign a contract at the end of June extending its production sharing deal for Azerbaijan's biggest oilfields until 2050, the company's regional head said on Wednesday.
Keppel on Track to Deliver Rig for Caspian Drilling
Keppel Offshore & Marine Ltd (Keppel O&M) through its subsidiary in Azerbaijan, Caspian Shipyard Company (CSC), is on track to deliver a semisubmersible drilling rig to Caspian Drilling Company Ltd…
Azerbaijan extends BP's deal for giant oilfields until 2050
Existing deal was meant to expire in 2024; production to date exceeds 3 billion barrels of oil. Oil major BP has agreed with Azerbaijan to extend a contract to develop the country's biggest…
Azeri Protests Flag Political Risks of Falling Oil Price
Oil money and well-equipped security forces have long ensured public loyalty to President Ilham Aliyev in the Azeri town of Quba, but after months of rising prices people turned out on the streets last week to protest.
Azeris to Keep BP as Core Partner for Main Gas Field
Azerbaijan will keep BP as the core partner for its biggest gas development for many more decades, a senior official said on Wednesday in a move that will boost the oil major's growth prospects…
Bulgaria: Bring Back Nabucco Pipeline
Bulgaria wants the European Commission to revive plans for the Nabucco pipeline that would pump gas from the Caspian Sea, after a Russian project seen as a rival was scrapped, Prime Minister Boiko Borisov said on Wednesday.
Azerbaijan's Economic Growth Slows Due to Weaker Oil Price
Azerbaijan's economic growth slowed to 3 percent in 2014, the country's president said on Monday, nearly half the level seen in the previous year due to the slump in oil prices. The oil…
