Azerbaijan News

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Corruption Currents: European Parliament Seeks Probe into Azerbaijan Fund

A daily roundup of corruption news from across the Web. We also provide a daily roundup of important risk & compliance stories via our daily newsletter, The Morning Risk Report, which readers can sign up for here. Follow us on Twitter at @WSJRisk. Bribery: Prosecutors in a dozen countries are untang

WALL STREET JOURNAL - 2017-09-15 00:47:30

Qatar-Egypt Rivalry at Heart of UNESCO Election

September 15, 2017 The most interesting election of 2017 may be its least transparent. In October, the United Nations will elect the next Director-General of the United Nations Educational, Scientific, and Cultural Organization (UNESCO) in a race as wild as any presidential or parliamentary contes


Billions more barrels of oil possible from Azerbaijan

Sept. 14 (UPI) -- A contract for the largest oil complex offshore Azerbaijan could lead to billions of dollars in investments and billions more in oil barrels, analysis finds. British energy company BP led a consortium of international partners in extending a contract with the Statoil Oil Company of

UPI - 2017-09-14 12:18:10

Halimah Yacob officially sworn in as the 8th president of Singapore

President Halimah Yacob was officially sworn in at the Istana at 6pm today - the first female president of the country and the first Malay head-of-state in 47 years. "I, Halimah Yacob, having been elected as President of the Republic of Singapore, do solemnly swear that I will faithfully discharge m

MSN.COM - 2017-09-14 12:08:04

BP, Azerbaijan extend oilfields contract to 2050

Provided by AFP Most of Azerbaijani oil is being pumped to Europe through the world's second-longest pipeline, Baku-Tbilisi-Ceyhan (BTC), via Georgia and Turkey, bypassing Russia British oil giant BP and energy-rich Azerbaijan on Thursday prolonged their sharing deal for the Caucasus nation's larg

MSN.COM - 2017-09-14 11:55:04

BP-led group extends huge Azerbaijan oilfield deal to 2050

Alton Towers victim in near-death experience while filming documentary BP signed a contract with the government of Azerbaijan today to extend a production sharing deal until 2050. A group led by BP agreed with the State Oil Company of the Republic of Azerbaijan (Socar) to continue developing the hug

MSN.COM - 2017-09-14 11:14:47

Blogger jailed in Azerbaijan arrives back in Israel after receiving pardon

An Israeli blogger who was jailed in Azerbaijan before being pardoned, arrived back in Israel on Thursday, the Haaretz newspaper reports. Lapshin Alexander Valeryevich, a travel blogger who wrote in support of Armenian separatists, was sentenced to three years for visiting the disputed territory of

I24NEWS - 2017-09-14 09:17:08

EBRD considers taking stakes in more Belarus banks

MINSK (Reuters) - The European Bank for Reconstruction and Development (EBRD) is considering taking equity stakes in more banks in Belarus as part of its efforts to help the state open up its economy, EBRD President Suma Chakrabarti said. This week the EBRD agreed to loan 50 million euros ($59.4 mil

THE FISCAL TIMES - 2017-09-14 07:00:00

BP sees strong profits in renewed Azeri oil contract

LONDON (Reuters) - A deal by BP to extend oil production-sharing in Azerbaijan by 25 years is profitable at current oil prices even after paying a signing bonus and cutting foreign companies' stake in the project, Chief Executive Bob Dudley said. The pact between a BP-led consortium and Azerbaijan

REUTERS UK - 2017-09-14 18:01:10

Azerbaijan's SOCAR seeks 25 pct share in deal with BP on oil fields

Azerbaijan's SOCAR seeks 25 pct share in deal with BP on oil fields BAKU, Sept 14 (Reuters) - Azerbaijan's state energy firm SOCAR plans to more than double its share in a new production sharing agreement with BP BP.L for the development of the country's biggest oilfields, SOCAR First Vice-Preside

INVESTING.COM - 2017-09-14 17:30:00

BP partnership, Azerbaijan extend Azeri-Chirag-Gunashli PSA

The BP PLC-led production-sharing agreement (PSA) for the giant Azeri-Chirag-Gunashli group of oil fields in the Caspian Sea will be extended through 2049. The deal between the Azerbaijan government, State Oil Co. of the Republic of Azerbaijan (SOCAR), operator BP, Chevron Corp., INPEX Corp., Statoi

OIL & GAS JOURNAL - 2017-09-14 16:53:43

BP-led group extends Azeri oil 'contract of the century'

BAKU/LONDON (Reuters) - BP and Azerbaijan agreed on Thursday to extend into 2050 a contract to develop the ex-Soviet state's biggest oilfield cluster, a deal dubbed "the contract of the century" when first signed in 1994. Under the new production sharing agreement, the Azeri state energy company SO

REUTERS - 2017-09-14 15:56:46

Tabriz-Baku Flight in Emergency Landing After Bird Strike

Sept. 12--An ATA Airlines flight bound for Baku made an emergency landing at Tabriz airport in northwestern Iran on Tuesday due to engine trouble apparently caused by a bird strike, a company official told Trend. The flight took off from Tabriz's Shahid Madani Airport at 16:30 local time (GMT +4:30)

AVIATIONPROS - 2017-09-13 12:58:19

Chelsea raring to go against Arsenal, says Courtois

(Reuters) - Chelsea are relishing the prospect of facing Arsenal as they look to build momentum in the Premier League after a dominant win in Europe, goalkeeper Thibaut Courtois said on Wednesday. Arsenal were thrashed 4-0 by Liverpool last month and have already lost twice in four league games this

YAHOO! - 2017-09-13 12:46:42

The occasional importance of symbolism

Lost in the perennial news cycles these past weeks, ones that invariably included terrorist attacks, carnage in Syria and neo-Nazis in America, beating up on the US president and Israel and, of course, the obligatory doomsday predictions, transpired quite a significant and important event – The Isl

JERUSALEM POST - 2017-09-13 21:34:00

This Museum Looks Like a ...

(saiko3p/Shutterstock) The Azerbaijan Carpet Museum rolled out its best carpets starting in 2017. The country's national symbol is the carpet, and the carpet-shaped museum celebrates the folk art heritage. The rugs are typically made from natural pieces like lamb or sheep's wool and dyed with natu

WHERETRAVELER.COM - 2017-09-13 20:08:20

'Ali and Nino' at Palau Balana Multicines, Barcelona

Asif Kapadia's 2016 romance drama "Ali and Nino" will be playing at Palau Balana Multicines in Barcelona. An upper class Muslim man, Ali, comes from a very powerful family from Baku in Azerbaijan. This was before World War I, when Azerbaijan was included in the Russian Empire. Ali's lover, Nino, is

BLOUIN ARTINFO - 2017-09-13 07:00:00

UEFA Champions League

Chelsea 6 Qarabag 0: Zappacosta and Bakayoko on target in winning European return Davide Zappacosta celebrates his first Chelsea goal After a year away, Chelsea returned to the Champions League with a comfortable victory over Qarabag as two new signings found the net. Davide Zappacosta and Tiemoue

GOAL.COM - 2017-09-13 07:00:00

Government wants to understand the unique opportunities of tourism

Lately, the economy and the inhabitants of Azerbaijan are rejoicing from the sharp growth in the visitor numbers. Also known as the Land of Fires, majority of the hotels, restaurants, recreation areas, and shopping centers in Azerbaijan are thronged with foreigners. This point out the fact that inte

TRAVELANDTOURWORLD.COM - 2017-09-13 18:36:39

UPDATE 1-IMF sees Azerbaijan's GDP down by 1 pct in 2017, up 2 pct in 2018

(Adds quotes, details, background) By Nailia Bagirova BAKU, Sept 13 (Reuters) - International Monetary Fund expects Azerbaijan's gross domestic product to decline 1 percent in 2017, then grow 2 percent next year, a fund's official said on Wednesday. The IMF also expects double-digit inflation in

REUTERS - 2017-09-13 15:25:46