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SOCAR TURKEY
SOCAR Turkey executive appointed new CEO of Nayara EnergyNayara Energy, backed by Rosneft, has appointed Teymur Abasguliyev as its new CEO, replacing Alessandro Des Dorides, who resigned due to EU...
Azerbaijani President Aliyev avoids Kashmir issue during Pakistan PM Shahbaz Sharif's visitDuring Pakistan PM Shahbaz Sharif's visit to Baku, Azerbaijani President Ilham Aliyev refrained from mentioning the Kashmir issue, marking ...
How the EU's ban on Russian crude affects oil flowsThe EU imposed a ban on maritime Russian crude oil imports from Dec. 5 and G7 countries set a price cap on Russian seaborne exports at $60 ...
Why the Black Sea matters to commodity marketsCrude and refined oil products from Russia, Azerbaijan and Kazakhstan pass through export terminals on the sea’s eastern edge. On the west ...
ONGC Videsh's Azerbaijan contract extended until 2049The companies agreed to pay $3.6 billion in bonus to the government and higher stake in the fields to the state oil firm of the Central Asi...
- ONGC Videsh's plan to buy assets in Azerbaijan gets nod
“The acquisition shall provide OVL, oil production of about 1 million tonnes per year for about a decade,” the oil ministry said after the ...
Cabinet Committee on Economic Affairs approves OVL's $1 billion Azerbaijan acquisitionThe Cabinet Committee on Economic Affairs (CCEA) today approved ONGC Videsh Ltd's acquisition of stake in an Azerbaijan oilfield for $ 1.00...
- CCEA to consider approving OVL's $1 bn Azerbaijan acquisition
The acquisition was subject to government and regulatory approvals and is expected to close by the first quarter of 2013.
- BP says Baku-Ceyhan oil pipeline to resume operations
BP Plc said on Wednesday that testing of the Baku-Tbilisi-Ceyhan oil pipeline would begin, ahead of a move to resume operations on the rout...
- IOC closes in on Turkish petrochem co Petkim
Indian Oil Corporation (IOC) has entered the last lap for acquiring a controlling stake in the Turkish government-owned petrochemical firm ...
- IOC gets Turkish regulator's nod to build refinery
State-run Indian Oil Corp (IOC) has won the approval of Turkey's energy regulator for setting up a 4.9-billion dollar refinery in southern ...