Turkmenistan intends to resolve dispute with Azerbaijan on the Caspian Sea through International Court of Justice
The acting Minister of Oil and Gas and Mineral Resources of Turkmenistan, Kakageldi Abdyllaev, commented on the situation around Turkmenistan’s activities at Serdar field. READ MORE
Littoral States Struggle to Agree on the Caspian Settlement
The Caspian nations have reiterated pledges to solve their differences later this year ahead of the Caspian summit in Moscow, but they apparently continued to disagree on a number of key issues. During a meeting in Baku on April 26 – 27, representatives of the five countries that border the Caspian Sea (Azerbaijan, Kazakhstan, Iran, Russia and Turkmenistan) made yet another attempt to reach an agreement on the Caspian’s division. READ MORE
Baku summit brings agreement on Caspian Sea delimitation closer
The presidents of the Caspian states of Azerbaijan, Iran, Kazakhstan, Russia and Turkmenistan agreed on Thursday to take steps to resolve the long-standing dispute over the Caspian Sea delimitation. READ MORE
Russia, Azerbaijan to sign deal on boosting gas supplies
Russian gas giant Gazprom and Azerbaijan's state oil and gas company will sign a deal to increase supplies of Azerbaijani gas to Russia in 2011-2012 during the Russian president's visit to Baku on Thursday, RIA Novosti reported. READ MORE
German oil firm looks for new deposits at home
While oil exploration company RWE Dea often drills in the sands of Libya or under the waters of the Caspian Sea, a new project has the company looking for the black gold in a pine forest in Northern Germany. READ MORE
A Promising Land: Russian State Companies Expect Major Discoveries In Central Asia
Gazprom and Rosneft are accelerating exploration efforts in Central Asian onshore projects. Their experience may show that interesting opportunities exist away from the Caspian Sea oil and gas fields, where most of the business focuses on. READ MORE
Azerbaijan: No Jitters Over Turkmenistan’s Caspian Sea Threat
Turkmenistan’s pledge to take Azerbaijan to court over the two countries’ rival claims to Caspian Sea oil fields has sparked more confusion than anger in Baku. Some Azerbaijani experts even believe that an international arbitration hearing could prove the best way to resolve a long-standing energy dispute. READ MORE
Russia, Turkey premiers to talk trade, energy in Sochi
Russian Prime Minister Vladimir Putin will discuss with his Turkish counterpart economic and regional issues, European security and the Nagorny-Karabakh dispute at a meeting in Sochi, a government source said on Saturday. READ MORE
