Archive for the ‘azerbaijan’ Tag

Happy Noruz • Noruz Mubarak [2014]   Leave a comment

noruz_2014

Happy Noruz • Noruz Mubarak

2013: The Year of the Snake   Leave a comment

year-of-the-snake

RADA conducts due diligence and business intelligence investigations in Russia, Ukraine, Belarus, Poland, Romania, Moldova, Latvia, Lithuania, Estonia, Armenia, Azerbaijan, Georgia, Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, and Uzbekistan.

Azerbaijan to Build World’s Tallest Building   Leave a comment

Azerbaijan plans to build what is expected to be the tallest skyscraper in the world. The proposed site is a man-made island in the Caspian Sea.

The 1050-meter tall ‘Azerbaijan Tower’ will be 220 meters taller than the world’s current tallest building, Burj Khalifa, located in the United Arab Emirates.

The construction of the Azerbaijan Tower is scheduled to begin in 2015.

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RADA conducts due diligence and business intelligence investigations in Russia, Ukraine, Belarus, Poland, Romania, Moldova, Latvia, Lithuania, Estonia, Armenia, Azerbaijan, Georgia, Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, and Uzbekistan.

Happy Noruz 2011   1 comment

 

 

Har Roozetan Nowrouz!

Nowrouzetan Pirooz!

Novruz Bayraminiz Mubarek!

Happy Noruz from RADA LLC!

RADA LLC: Offering Due Diligence in Azerbaijan   Leave a comment

RADA LLC is well established in Baku, and offers a complete range of investigative, due diligence, and background check services throughout Azerbaijan.

Focus on Azerbaijan   Leave a comment

azerbaijan1Azerbaijan may be the oldest petroleum producing region in the world, going back to the third and fourth centuries. Many Arabic and Persian authors refer to the production of oil on the Apsheron Peninsula.

Marco Polo also saw the oil. He commented that it was not good to eat, but understood that it could be used as a fuel or medicine.

There are also many 18th and 19th century accounts of the Zoroastrian Fire Temple at Surakhany, where the fire was fed by natural gas from a cavern.

Azeri oil “boomed” beginning in the 1870s. The ancient site of Surakhany retained its importance. Even though Russian capital predominated, foreign interests began to participate as well. British firms, in particular, were able to commence operations as a result of their purchase of operations from Hajji Zeynalabdin Taghiyev.

Production increased after the Revolution, and offshore exploration began. During the war, oil fields were staffed largely by women and veterans. The entire Caucasus region, particularly Baku, was of key strategic importance throughout the war.

After gaining its independence, Azerbaijan has sought-and been successful in obtaining-significant foreign investment not only for petroleum but other industries as well.

For example, the Shah Deniz field was discovered in 1999. A gas plant was built at Sangachal Termanal in 2007, and is now a leading gas producer.

Chu: Increased Demand for Oil   Leave a comment

U.S. Energy Secretary Steven Chu, a champion of renewable energy and biofuels, has a clear position about the future of oil. neft_01

He says global demand for it will increase over the next two decades and even with more efficiency and alternative fuels, prices will increase again.

In the long run, over the next two decades, he said, he’s certain the price of crude will be significantly higher than today. Crude oil has dropped from a high last summer of $145 a barrel to a recent low of about $34.