Economics - 2024
-
On November 18, as part of COP29, Azerbaijan’s Deputy Minister of Energy, Orkhan Zeynalov, signed Memorandums of Understanding (MoU) in the field of "green energy" with representatives from Chinese co...
-
On Monday, November 18, as part of the COP29 events, Baku hosted a presentation of the Roadmap for the 'Energy Efficiency Strategy in Azerbaijan.'
-
Azerbaijan produced 24.1 million tonnes of crude oil (including condensate) in the first ten months of 2024, a decline driven by reduced output at key offshore fields, according to data from the Minis...
-
Azerbaijan is preparing to unveil its Biennial Transparency Report (BTR) this week, highlighting its commitment to climate action. Environment and Natural Resources Minister Mukhtar Babayev, who also...
-
Azerbaijan and Germany conducted a high-level business dialogue focused on "Green Transformation" during the COP29 climate summit, organized by the Azerbaijan Export and Investment Promotion Agency (A...
-
Azerbaijan's defense and national security expenditures are set to increase significantly next year, driven by the need to enhance military capabilities and respond to Armenia's escalating militarizat...
-
Azerbaijan's state budget expenditure for 2025 has been proposed at AZN 41.368 billion, Finance Minister Samir Sharifov announced during a session of the Parliamentary Committee on Economic Policy, In...
-
The Asian Infrastructure Investment Bank (AIIB) has announced the size of its first allocated loan for renewable energy projects in Azerbaijan.
-
In Azerbaijan, debates are ongoing about the feasibility of hosting the UN Climate Conference COP29 in Baku. Azerbaijani critics argue that the event could place a heavy burden on the country's budget...
-
The State Oil Company of Azerbaijan (SOCAR), through one of its trading subsidiaries — SOCAR Trading, is seeking a license from the Romanian regulator to conduct trading operations in the country, an...
-
In an exclusive interview with Turan, Javid Abdullayev, Director of the State Agency for Renewable Energy (AREA) under Azerbaijan’s Ministry of Energy, detailed the stages for constructing offshore wi...










