There are some big decisions to be made by investors in Azerbaijan’s oil and gas sector this year, with up to $30 billion at stake at the Shah Deniz Stage 2 gas development, planned to come on stream in 2018. Statoil is fretting about political uncertainty in the EU. But it and other investors should be more »
Some time ago I wrote about my initial bewilderment at the Azerbaijani government’s touting of its EITI record, given a personal experience of the country very much at odds with everything that the EITI stands for. Of course, the debate will always come back to the troubles of a broadly successful global mechanism overburdened with high more »
Bloggers in the world of energy came to accept some time ago that our topic matter, while it might get us hot under the collar, is going to be hard to sell to the wider world as a sexy topic. But judging by the ridicule of my colleagues at the prospect of writing a blog more »
There is endless theorising around the ‘resource curse’ from a birds-eye perspective, from creeping inflation rates to weak institutions and grand corruption. But on the ground in an oil-dominated society like Azerbaijan the phenomenon of ‘rent-seeking’ can lead also to a deeply embedded rentier culture visible on the level of everyday interactions.
The glossy “corporate social responsibility” pages of an oil major’s website are a heroic but stilted effort to resist the barrage of hostile public opinion towards ‘big oil’ (boo ,hiss), an industry which has become a byword for underhand dealings, pilfering and dishonesty. However it has taken the discovery of little-known documentary Cite du Petrole to remind more »
Questions over the efficacy of international transparency mechanisms crop up in the most unexpected places – no really! In this case in an almost unbearably smoky bar in Berlin two weeks ago. Having recently moved to the city I was intrigued to learn that an annual gathering of Azerbaijani civil society activists was taking place on more »