Oil, gas, power engineering
Ernst & Young Holdings (CIS) B.V. to audit SOFAZ financial statements for 2010, 2011, 2012
2010-09-07
New agreements
State Oil Fund of the Republic of Azerbaijan held a competitive bidding procedure aimed at selection of an audit company for auditing its financial statements for 2010-2012.
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SOFAZ Revenue and Expenditure Statement for January-June 2010 (non-audited)
2010-08-02
Investments and finance
Budget revenues of the State Oil Fund of the Republic of Azerbaijan (SOFAZ) for the period of January-June, 2010 reached 6 101.2 million manats, while budget expenditures constituted 2 630.2 mln. manats.
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Russian Oil Producer LUKoil On CreditWatch Negative On Plans To Buy Back Shares From ConocoPhillips
2010-07-30
Investments and finance
Russian oil producer LUKoil has announced that it will buy back 7.6% of its shares from ConocoPhillips
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SOFAZ 2010 budget amended
The 2010 budget of the State Oil Fund of the Republic of Azerbaijan (SOFAZ) was amended by the Decree of the President of Azerbaijan dated July 22, 2010.
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SOFAZ Supervisory Board holds next meeting
2010-07-12
Participation in actions
A meeting of the Supervisory Board of the State Oil Fund of the Republic of Azerbaijan (SOFAZ) was held on July 9, 2010.
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Moore Stephens to collate next EITI reports
The Multi-stakeholder Group (MSG) on implementation of Extractive Industries Transparency Initiative (EITI) in Azerbaijan held meeting on June 29, 2010.
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Russian Insurer OJSC Sogaz Upgraded To 'BB+/ruAA+' On Improved Competitive Position; Outlook Stable
On May 25, 2010, Standard & Poor's Ratings Services raised its long-term counterparty credit and insurer financial strength ratings on Russia-based insurer OJSC Sogaz to 'BB+' from 'BB'.
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Azerbaijan discloses 12th EITI report
2010-05-17
Participation in actions
The meeting of the Multi-stakeholder Group (MSG) on implementation of Extractive Industries Transparency Initiative (EITI) in Azerbaijan presided over by Shahmar Movsumov, Chairman of the MSG and the Executive Director of the State Oil Fund, was held on May 14, 2010.
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SOFAZ Executive Director meets with Swiss delegation
Shahmar Movsumov, the Executive Director of the State Oil Fund of the Republic of Azerbaijan (SOFAZ) received on May 12, 2010 the members of the Switzerland-Azerbaijan friendship group of the Swiss Parliament and high-level representatives of Swiss private energy sector companies.
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SOFAZ Revenue and Expenditure Statement for January-March 2010 (non-audited)
2010-04-27
Investments and finance
Budget revenues of the State Oil Fund of the Republic of Azerbaijan (SOFAZ) for the period of January-March, 2010 reached 2 754.5 million manats, while budget expenditures constituted 1 292.3 mln. manats.
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