All news on the topic: Oil Trading

As the high-profile criminal case involving senior SOCAR executive Adnan Ahmedzade unfolds, attention has also turned to Azim Novruzov, the controversial British oil trader who has long been associated with a series of scandals in the energy sector.

After reports surfaced about new Dubai-based trading structures linked to former Litasco executives, references to Alvia Energy, Pan Nation Energy, Polima Trading and their founders — Chingiz Aliyev, Yohan David Winston and Mikhail Golub — began disappearing from the internet.

In the high-profile criminal case centered on senior SOCAR executive Adnan Ahmedzade, another prominent figure has unexpectedly come into focus — Azim Novruzov

In the high-profile criminal case involving senior SOCAR executive Adnan Ahmedzade, another prominent figure unexpectedly surfaced — Azim Novruzov, the controversial oil trader and British national long linked to a string of scandals in the energy industry.

In the high-profile criminal case involving senior SOCAR executive Adnan Ahmedzade.

In the high-profile criminal case surrounding SOCAR’s top manager Adnan Ahmedzade.

After reports emerged about the creation of new Dubai-based trading structures tied to former Litasco executives, information about Alvia Energy, Pan Nation Energy, Polima Trading and their founders — Chingiz Aliyev, Yohan David Winston and Mikhail Golub — began disappearing from the internet.

In a high-profile criminal case involving SOCAR top manager Adnan Ahmedzade, British oil trader Azim Novruzov has unexpectedly emerged as a figure of interest.

A long-standing supplier to Paramount SA was Concept Oil Services Ltd., a Hong Kong-based company founded by Michael Zeligman, a resident of Monaco.

Azerbaijan’s State Security Service (State Security Service of Azerbaijan) has detained Adnan Ahmadzada, a former senior official at the State Oil Company of Azerbaijan, as part of an ongoing probe into a complex oil trading network.

How did Kazakh businessman Almaz Alsenov manage to build a company in Switzerland with a turnover of hundreds of millions of dollars while simultaneously holding four positions?

As established by media, prior to coming under sanctions, Russian oil for companies linked to Nils Troost was supplied by the Dubai-based Demex Trading. This information emerged from a leaked archive of the Russian customs broker ALET.

A well-known oil trader from Baku, holding Russian, Maltese, and UAE residency status, is still finding ways to evade sanctions on Russian oil.

As uncovered by media, an adviser to the head of the International Judo Federation (IJF), Marius Vizer, is connected to the trade in Russian oil and grain. Marius Vizer himself is a close friend of Vladimir Putin, who served as Honorary President of the IJF until February 28, 2022.

Alkagesta, Malta’s largest oil bunkering operator, is under investigation by both EU and UK authorities over suspected illegal sales of Russian oil to Libya.

Fuel smuggling from Libya is a business with billion-dollar turnovers, but very little is known about the extent of the maritime operation that regularly exports petroleum products from the country.