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Following the results of the November expert mission regarding the review of Article IV of cooperation between Azerbaijan and the IMF, the International Monetary Fund (IMF) published an extensive stat...
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The 28th session of the Conference of the Parties to the UN Framework Convention on Climate Change (COP28) will be held in Dubai (UAE) on November 30-December 12, and Azerbaijan, in confirmation of th...
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Azerbaijan, aimed at long-term gas exports to Europe, in the next 2 years must finally decide how to fulfill its obligations to the EU on the transportation and trade of hydrogen and other low-carbon...
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"SOCAR Petroleum S.A." (a subsidiary of SOCAR) is participating in an international tender for the construction of a bitumen terminal in the port of Constanta (Romania) together with the Romanian port...
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In January-October 2023, the gross domestic product (GDP) of Azerbaijan showed a modest growth by 0.5% compared to the same period in 2022 and amounted to 100.88 billion manats, while 62.69 billion m...
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The government of Azerbaijan has traditionally included in the package of budget documents its forecasts for the development of the economy, including the fuel and energy complex (fuel and energy comp...
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On October 31, in Moscow, the Russian Deputy Prime Minister Alexander Novak discussed with the Minister of Economy of Azerbaijan, the head of the Supervisory Board of SOCAR Mikail Jabbarov the possibi...
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On 29 October, the Israeli Ministry of Energy and Infrastructure announced the results of the fourth tender for natural gas exploration in Israeli waters of the Mediterranean Sea in two clusters.Accor...
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SOCAR Vice-President Elshad Nasirov made several resonant statements in an interview with journalists in Ashgabat, in fact officially acknowledging the existence of problems with Azerbaijan's implemen...
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The Azerbaijani delegation is taking part in the international conference "Oil and Gas of Turkmenistan"; statements from Ashgabat on the discussion of Azerbaijani-Turkmen cooperation on the developmen...