Economics - 2024
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The State Oil Company of Azerbaijan (SOCAR), Albania’s Ministry of Infrastructure and Energy, and Albanian gas company Albgaz signed a memorandum of understanding (MoU) on Sunday in Baku during the 29...
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The Green Energy Corridor project, aimed at delivering green energy from Azerbaijan through Georgia and the Black Sea to Romania, Hungary, and Bulgaria, has entered the investment assessment phase, ac...
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Azerbaijan’s state oil company SOCAR and Italy’s Italgas signed a cooperation agreement on Sunday during the 29th session of the United Nations Framework Convention on Climate Change (COP29), aimed at...
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Turkey aims to achieve carbon neutrality by 2053, transforming key sectors of its economy in line with a vision of "net-zero emissions and green development," President Recep Tayyip Erdogan announced...
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Azerbaijan’s Digital Development and Transport Ministry announced on Sunday that the country has signed an agreement with the International Civil Aviation Organization (ICAO) to adopt sustainable avia...
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BAKU, Nov 12 (Reuters) – At the COP29 summit in Baku, a group of multilateral development banks (MDBs) released a joint statement detailing financial measures to support countries in achieving ambitio...
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Azerbaijan, Georgia, Hungary, and Romania held their ninth meeting on the project to supply "green" energy from the Caspian region to Europe via the Black Sea, coinciding with discussions at COP29. Th...
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Azerbaijan and the Food and Agriculture Organization of the United Nations (FAO) have signed a Declaration of Intent aimed at strengthening cooperation under the "Baku Harmonious Climate Initiative fo...
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The heads of Baku International Sea Trade Port, Kazakhstan Railways, and Xi'an Free Trade Port signed an agreement to establish a joint venture for the construction of a new intermodal cargo terminal...
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BP Global CEO Murray Auchincloss and Azerbaijan’s Minister of Energy Parviz Shahbazov signed two key agreements on Tuesday, paving the way for the construction of the 240 MW Shafaq Solar Power Plant i...
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EU Climate Commissioner Wopke Hoekstra, speaking at a ministerial dialogue on scaling up investments to triple renewable energy capacity and double energy efficiency, emphasized the transformative pot...
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A ministerial dialogue on "Global Investments in Tripling Renewable Energy and Doubling Energy Efficiency" took place as part of the second day of the COP 29 conference in Baku. Azerbaijan’s Minister...
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On November 11, the World Meteorological Organization (WMO) presented a special report on the opening day of the 29th session of the Conference of the Parties (COP) of the UN Framework Convention on C...












