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If Turan Leaves…
SOCAR implements the Leucipa digital program to optimize production
Azerbaijan produced an average of 454 thousand barrels of crude oil at the beginning of 2025
Azerbaijan reduced gas exports by 300 million cubic meters in January
Azerbaijan’s oil exports decreased by 100 thousand tons in January
The number of Azerbaijani citizens employed by BP-Azerbaijan increased by 60 people in 2024
In January, consumers in Azerbaijan purchased automobile fuel worth 271 million manats
Georgia reduced gasoline imports from Russia in 2024
OPEC maintains its oil demand growth forecast
U.S. expects Brent oil price of $74.5 per barrel in 2025
Five EU countries paid €1.2 billion for energy resource supplies from Russia in January
OPEC: $10 trillion spent on the energy transition
U.S. Oil Stocks Increased by 4.07 Million Barrels in a Week
European Gas Prices Fell After Putin-Trump Phone Call
Moldova Closes the "Russian House" in Chișinău
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Economics
Economics
Economics News
31 December 2023
Azerbaijan has increased the reliability of Russian agricultural products
Azerbaijan Unveils Ambitious 2040 Development Plan for Baku
A new bridge and checkpoint have been opened on the Azerbaijani-Iranian border to expand the North-South corridor
Economics News
29 December 2023
Azerbaijan Forecasts 2.4% GDP Growth, Diversification Drive Continues
AzerBlast LLC Inaugurates Azerbaijan's First Explosives Production Plant in Ganja
BP expects gas production at the Shah Deniz field to reach 26.1 billion cubic meters by 2024
BP cooperates with Azerbaijan in order to effectively manage ACG until 2049
Baku Revives Electric Transport with Chinese Electric Buses
Economics News
28 December 2023
"Azerbaijan has fallen into an oil trap and its economy is not growing”
Russian Prime Minister and his Azerbaijani counterpart discuss strengthening economic ties
SOCAR establishes SOCAR Green LLC
ABADA notes a fivefold increase in road transport, but faces obstacles in the development of international routes
Azerbaijan and Turkey promote green energy ambitions in newly liberated territories
CBA Forecasts 3-3.5% GDP Growth in 2024 Driven by Post-Conflict Reconstruction
The Central Bank of Azerbaijan forecasts annual inflation of 5-5.5% for 2024 against the background of continuing economic problems
Economics News
27 December 2023
The procedure for managing space objects has been introduced
The budget for 2024 of the Compulsory Medical Insurance Fund has been approved
Azerbaijan is the only potential buyer of LUKOIL Neftochim Burgas
75% discount for regional hotels
SOFAR 2024 budget approved
Economics News
26 December 2023
Azerbaijan Institutes Stricter Currency Exchange Regulations: Impact on Investors and Public Sentiment
Azerbaijan Adapts Regulatory Landscape: Access Cards Replace Traditional Permits for Transportation Services
Azerbaijan Contemplates Acquisition of LUKOIL's Bulgarian Refinery Amid Regulatory Shifts
Azerbaijan has raised living standards by 9.7% for 2024
Insect-based food products in the context of global trends
Azerbaijan expands powers of commercial courts through landmark legislative amendment
Azerbaijan Emerges as Potential Savior for Stalled Anaklia Port Project in Georgia
Economics News
25 December 2023
Central Bank of Azerbaijan Implements Stricter Guidelines for Currency Exchange Licenses
Asera Group invests $80 million in an innovative meat processing plant in Tatarstan
Azerbaijan is the leader in the import of Russian grain, which causes close attention to statements about domestic production
Azerbaijan welcomes premium beef stew from Kurgan meat Processing plant "Standard"
Azerbaijan's insurance sector shows steady growth Despite ongoing problems
Azerbaijan Surpasses Russia in EU Oil Sales as Turkey Breaks Records in Russian Imports
Economics News
22 December 2023
Azerbaijan and Turkey Weigh Strategic Role in India-Middle East-Europe (IMEC) Economic Corridor
Azerbaijan's Ministry of Energy Responds to Turan Agency's Request on Electric Mobility Plan
Milestone Achievement: West Azeri Platform Crosses 1 Billion Barrels Mark in ACG Project
SOCAR Secures Equinor's Equity Interests in Key Azerbaijan Energy Projects
SOCAR AQS secures new drilling contract in Türkiye
Azerbaijan Faces Escalating Challenges in the Battle Against Online Piracy
Azerbaijani Banking Sector Strengthens Funding Metrics, S&P Global Ratings Takes Various Actions
Economics News
21 December 2023
Despite Impressive Tourists Numbers, Key Challenges Call for Strategic Solutions
The creation of the eighth industrial zone has been announced
Majnun Mammadov Emphasizes Turkey's Vital Role in Azerbaijan's Agricultural Advancements
Azerbaijani-Turkish Investment Forum Seals Bilateral Commitments
Azerbaijani-Turkish Investment Forum Commences in Baku Amid Milestones
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From the editor
Want to say,
14 February, 15:11
1070
If Turan Leaves…
Energy,
14 February, 07:43
368
SOCAR implements the Leucipa digital program to optimize production
Energy,
14 February, 07:41
369
Azerbaijan produced an average of 454 thousand barrels of crude oil at the beginning of 2025
Energy,
14 February, 07:39
358
Azerbaijan reduced gas exports by 300 million cubic meters in January
Energy,
14 February, 07:37
342
Azerbaijan’s oil exports decreased by 100 thousand tons in January
Energy,
14 February, 07:34
348
The number of Azerbaijani citizens employed by BP-Azerbaijan increased by 60 people in 2024
Energy,
14 February, 07:32
320
In January, consumers in Azerbaijan purchased automobile fuel worth 271 million manats
Energy,
14 February, 07:30
338
Georgia reduced gasoline imports from Russia in 2024
Energy,
14 February, 07:28
293
OPEC maintains its oil demand growth forecast
Energy,
14 February, 07:26
320
U.S. expects Brent oil price of $74.5 per barrel in 2025
Energy,
14 February, 07:21
402
Five EU countries paid €1.2 billion for energy resource supplies from Russia in January
Energy,
14 February, 07:20
344
OPEC: $10 trillion spent on the energy transition
Energy,
14 February, 07:18
312
U.S. Oil Stocks Increased by 4.07 Million Barrels in a Week
Energy,
14 February, 07:16
297
European Gas Prices Fell After Putin-Trump Phone Call
Politics,
13 February, 17:40
1308
Moldova Closes the "Russian House" in Chișinău
Politics,
13 February, 17:33
1345
New Head of "Icheri Sheher"
Politics,
13 February, 17:01
1670
The court did not release Shahnaz Beylargizi from detention
Culture,
13 February, 16:10
1093
A Unique Exploration of Climate Change and Storytelling in Baku: A New Documentary Theatre Experience
Economics,
13 February, 14:47
936
Azerbaijan’s Foreign Currency Reserves Surpass External Debt by 14-Fold
Economics,
13 February, 14:07
1159
Hydrocarbon Production in Azerbaijan Decreased in January 2025 — Ministry of Energy
Social,
13 February, 14:02
4599
Appeal to the Readers of the Turan News Agency
Politics,
13 February, 13:59
2130
Azerbaijan to cut ‘Sputnik Azerbaijan’ and BBC editorial staff to minimum
Politics,
13 February, 13:43
1763
MP on deportation of migrants from Russian Federation
Social,
13 February, 13:28
866
Rains are expected
Finance,
13 February, 12:43
1108
Azerbaijan to redeem part of domestic public debt ahead of schedule
Finance,
13 February, 11:53
745
Azerbaijan approves ‘Rules on Operational Risk Management in Banks’
Politics,
13 February, 11:49
1182
Jeyhun Bayramov to attend Munich Security Conference
Politics,
13 February, 11:45
1383
Azerbaijan files lawsuit against Armenia to international arbitration
Politics,
13 February, 11:33
1064
Ilham Aliyev receives credentials of Ambassadors of Paraguay, Belarus and Turkey
Finance,
13 February, 11:22
711
Azerbaijan increases social insurance receipts by nearly 12%
Finance,
13 February, 11:07
647
Azerbaijan's revenues from export of insurance services decline by more than 23%
Finance,
13 February, 10:45
676
'İpək Yolu Sığorta' insurance company convenes shareholders' meeting
Finance,
13 February, 10:43
701
Foreign currencies rates fixed by Central Bank
In World,
13 February, 10:15
372
European powers demand seat at table in Ukraine talks
In World,
13 February, 09:54
289
US sanctions strand Iran, Russia oil on tankers, driving up crude costs
In World,
13 February, 09:43
328
Russia's Putin holds phone call with Syria's Sharaa
In World,
13 February, 09:21
449
Russian spy in Ukraine's anti-terror centre 'caught after being fed false secrets' to send to Moscow
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