Azerbaijan examines Odessa-Brody role; Nabucco backers unfazed by conflict in Georgia; Polish PM opposes Nord Stream.

Iran, Venezuela urge OPEC to cut production; Turkey, Azerbaijan meet on oil and gas; ConocoPhillips invests big in Australia.

BAKU, Azerbaijan, July 2 (UPI) -- Azerbaijan, Turkey, Georgia, Iran and Russia are in talks to join their power grids.

BAKU, Azerbaijan, June 18 (UPI) -- Turkish officials suggested they would buy the entire gas volume from Stage 2 of the Shah Deniz field in Azerbaijan, an Azeri energy official said.

Russia remains the EU’s largest energy supplier

BAKU, Azerbaijan, Oct. 2 (UPI) -- Azerbaijan will be able to export 12 billion cubic meters of gas to Europe per year from the Shah Deniz pipeline, a top official said.

BAKU, Azerbaijan, Sept. 21 (UPI) -- The delegation moved through security and up the elevators to a grand foyer. From the window, Gen. Constantin Degeratu, the Romanian national security adviser, and Eduard Kukan, who recently left his post after eight years as Slovak foreign minister, peered out to the Caspian Sea. I too was at the window looking at the massive building projects in Baku. I turned to Hassan Abouyoub, the chief adviser to Morocco's King Mohammed VI, and Seffi Bodansky, a senior adviser to the U.S. Congress, as the door opened.

The Caspian is the world’s most easily accessible major oil region yet to be fully developed. Both Western nations and former Soviet republics are rushing to exploit its vast hydrocarbon wealth.

ANKARA, Turkey, Aug. 9 (UPI) -- Turkey’s energy minister marked the 1 million barrel per day mark in the BTC pipeline by announcing new natural gas and oil strategy with Azerbaijan.