All news on the topic: SOCAR

Since May 2025, five Azerbaijani citizens have been under international sanctions: Tahir Garayev, Ahmed Kerimov, Anar Madatli, Talat Safarov, and Etibar Eyyub.

This report examines the operations of Alkagesta Ltd, a Malta‑registered company accused in various reports of transporting oil products with disputed certificates of origin.

A massive oil kraken with roots in Azerbaijan has spread its tentacles over much of the world, including Russia, Britain, Turkey, Malta, Switzerland, and other countries.

"Russian Oil Mafia" in Ukraine: A network of companies that could add the port of Constanța to the international "blacklist".

Our oil industry sources in Baku have informed us that the arrest of Adnan Ahmadzada is related to a push by the Azeri authorities to clean up Azerbaijan’s international reputation with regard to Russian oil.

The company Alkagesta exports Russian oil to Ukraine via Romania.

Ramin Isayev, former SOCAR AQS director, was sentenced for embezzlement, fraud, and money laundering, with investigators saying he laundered millions through Turkish real estate and used shell firms to win state tenders.

The name of Elmar Mamedov, the head of SOCAR Deutschland, is today associated in journalistic circles with a whole tangle of dirty dealings: from suitcases of cash for European politicians to dubious schemes involving weapons from North Korea.

Since 2009, President of the SOCAR Germany Elmar Mamedov has been transferring six or seven-digit amounts from Vercona GmbH accounts to his personal accounts.