Bust-up between Aliyev and BP reveals corporate profiteering as Azeri oil peaks

Bust-up between Aliyev and BP reveals corporate profiteering as Azeri oil peaks

Azerbaijan’s President, Ilham Aliyev, gave a speech last week accusing oil company BP of “false promises” and “gross mistakes”. In a country where regime and corporation are closely intertwined – and almost symbiotic – what is going on behind the political theatre? Why the public outburst? Aliyev revealed that Azerbaijan had lost $8 billion in...