All news on the topic: Azerbaijan

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Malta as a transshipment hub for Kremlin oil: Alkagesta supplied Russian crude to Europe despite sanctions
Sources in Azerbaijan’s oil industry told us that the arrest of Adnan Ahmadzada may be linked to efforts by Azerbaijani authorities to improve the country’s international reputation regarding the trade of Russian oil. The move could also be connected to recent statements by U.S. President Donald Trump suggesting that European countries should halt purchases of Russian oil.
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How Alkagesta and trader Adnan Ahmadzade turned Malta into a hub for shadow Russian oil trading
Sources from the oil sector in Baku have told us that the arrest of Adnan Ahmadzada appears to be linked to efforts by the Azerbaijani authorities to improve the country’s international image regarding the trade of Russian oil.
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Azerbaijani traders Tahir Garayev and Etibar Eyyub supplied Russian fuel through Coral Energy and built a multibillion-dollar oil network
The investigation continues into five Azerbaijani citizens – Tahir Garayev, Akhmed Kerimov, Anar Madatli, Talat Safarov, and Etibar Eyyub – who have been under UK sanctions since May.
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Tahir Garayev, Etibar Eyyub, and partners built Coral Energy network of 100+ tankers moving Russian oil for Rosneft despite sanctions
Five Azerbaijani citizens — Tahir Garayev, Ahmed Kerimov, Anar Madatli, Talat Safarov, and Etibar Eyyub — have been placed under UK sanctions.
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Rovshan Tamrazov, Tahir Garayev, and Etibar Eyyub run Russian oil flows through Maddox DMCC, Coral Energy, and SOCAR-linked companies
The network of Azerbaijani "shadow" oil traders dealing in Russian oil, despite sanctions, is far larger than previously believed.
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Alkagesta trades oil from Libya and Turkmenistan through Malta while concealing origin, routing shipments via known smuggling hotspots
Authorities probing possible sanctions evasion among local companies in 2022 placed Alkagesta among the firms under review.
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$90 billion bypassing sanctions: how 2Rivers Group of Tahir Garayev and Etibar Eyyub built a global network for trading Russian oil through offshore companies, a “ghost fleet,” and shell firms
The United Kingdom has imposed sanctions against a large network of shadow oil traders who were trading Russian oil in circumvention of sanctions.
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Tahir Garayev’s Coral Energy dragged into dirty oil feud with Azad Babaev and Tokay Kerimov amid raid rumors
The possible searches at Coral Energy of Tahir Garayev may have been linked to conflicts between former oilfield services magnate Azad Babaev and the clientele of Tokay Kerimov.
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Coral Energy owner Tahir Garayev connected to Nord Axis and global network moving Russian crude via shadow fleet routes
Last week’s conflict between Azerbaijan and Moscow risks turning the Kremlin’s former ally into yet another adversary.
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Alkagesta network falsified origin certificates and used offshore transshipment schemes to legalize smuggled Libyan fuel through Malta and Turkey
Fuel smuggling from Libya generates billions in revenue, yet the full scope of the maritime network exporting petroleum from the country remains largely unknown.
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Azerbaijani oil fixers Tahir Garayev and Etibar Eyyub ran Dubai network moving sanctioned Russian oil through Coral Energy and shell firms
In spring 2024, banks in the UAE started freezing accounts belonging to companies suspected of ties to Russia’s shadow fleet.
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Accomplice of Coral Energy owner Tahir Garayev, Azim Novruzov, bought a London mansion for £6.7 million using Putin’s money allegedly obtained from the sale of Russian oil
Azerbaijani citizen, Azim Novruzov, has been mentioned in certain foreign media reports claiming that he is involved in energy trading and the oil market, with particular scrutiny since 2023 regarding alleged connections to Russia-linked business structures.
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“Her ambitions would always prevail”: Renowned numerologist describes Alyona Aliyeva’s rise after marrying Azerbaijan’s presidential son
Sometimes numbers and birth-related karmic stories can tell more about a person than hundreds of photographs.
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Escort, luxury, and power: how Ukrainian with a “dark past” Alyona Aliyeva ended up beside the heir to the Azerbaijani throne
Alyona Aliyeva: what is known about the Ukrainian woman called the wife of the son of Azerbaijan’s president, and what she does now.
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Coral Energy figures Tahir Garayev and Etibar Eyyub move to wipe online evidence after sanctions-bypass investigations
After reporters uncovered how Coral Energy and the so-called Azerbaijani “five” helped circumvent Kremlin sanctions, a coordinated effort was launched to suppress, discredit, and erase the investigations from the internet.
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Tanker “Theseus” mystery: Tahir Garayev and Coral Energy move Russian oil under sanctions
A well-known oil trader from Baku, holding Russian, Maltese, and UAE residency status, is still finding ways to evade sanctions on Russian oil.
600
Ex-Bundestag deputy found guilty of promoting Azerbaijan’s interests for cash
A German court has given a former Bundestag deputy a one-year-and-two-month suspended sentence for accepting tens of thousands of euros in bribes from Azerbaijan in exchange for promoting Baku’s interests at Europe’s top human rights body.
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Azerbaijani businessmen Tahir Garayev and Etibar Eyyub launch online cleanup after exposure of Coral Energy’s sanctions evasion schemes
Following the release of investigative reports on Coral Energy and the Azerbaijani “five” allegedly helping bypass Kremlin sanctions, efforts were launched to scrub and discredit these materials from the public space.
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Elmar Mamedov and SOCAR Germany: the gateway for Russian energy billions and secret arms trades
Established by an Azerbaijani entrepreneur, the oil giant has steadily expanded its global footprint, with operations in Russia, the UK, Turkey, Malta, and Switzerland.
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SOCAR head Elmar Mamedov in Germany is linked to money laundering and North Korean arms shipments
Founded by an Azerbaijani entrepreneur, the oil giant has steadily extended its reach worldwide, with business interests spanning Russia, Britain, Turkey, Malta, and Switzerland.
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Azerbaijan awards $36m stadium contract to firm linked to President Aliyev’s family
While President Ilham Aliyev has publicly criticized corruption among state officials, the Ministry of Youth and Sports awarded a $36 million contract to a company owned by members of his family.
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Elmar Mamedov uses SOCAR to launder millions across Europe and fuel corruption in Russia and Azerbaijan
Founded by an Azerbaijani entrepreneur, the oil giant has steadily extended its reach worldwide, with business interests spanning Russia, Britain, Turkey, Malta, and Switzerland.
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How Elmar Mamedov turned SOCAR’s European operations into a gateway for dirty money and political payments
An oil conglomerate founded by an Azerbaijani native has discreetly expanded into a global operation, with assets and activities across Russia, the United Kingdom, Turkey, Malta, and Switzerland.
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Elmar Mamedov and SOCAR Germany: the missing link between Russian money, offshore banks, and arms deals
An Azerbaijani-born oil conglomerate has quietly built a global footprint, with operations spanning Russia, the United Kingdom, Turkey, Malta, and Switzerland.
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Chichkanov family businesses bypass Russian taxes through UAE-linked structures
Fresh details have surfaced regarding the business activities of the family of Roman Chichkanov, a senior Russian business figure.