Business & Economics
Azerbaijan Eyes Supplying Oil to Armenia in ‘Unprecedented’ Move
Georgia will provide a one-time transit of oil from Azerbaijan to Armenia free of charge, the Georgian Ministry of Economy and Sustainable Development said. “The Georgian government has received a request from partner countries for a one-time transit of fuel
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OPEC+ Ministers, Eight OPEC+ Countries Confirm Earlier Decisions on Production for Q1 2026
The ministers of OPEC+ countries confirmed previously made decisions on oil production levels in 2026 at a virtual meeting on Sunday, meaning current production quotas will be in effect for the whole year, OPEC said in a press release. The
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Azerbaijan, Russian Railways Sign Agreement on Exchanging E-data
Azerbaijan Railways (AZD) and Russian Railways (RZD) have signed an agreement on the bilateral exchange of e-data, AZD said. The respective parties signed the document on Wednesday in Baku following a meeting between AZD CEO Rovshan Rustamov and RZD CEO
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AlHuda CIBE Facilitates ARC o Establish ReTakaful Facility
Groundbreaking Sharia-compliant reinsurance initiative launched to advance climate resilience and inclusive finance in ARC member states. AlHuda CIBE has successfully facilitated the ARC to establish WAQF ReTakaful Facility, a groundbreaking Sharia-compliant, non-profit mutual structure established by the African Risk Capacity
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Turkey’s Cengiz Holding Not Backing Out of Plans to Purchase Lukoil Refinery in Bulgaria with SOCAR
Turkey’s Cengiz Holding has no intentions to withdraw from plans to purchase the Lukoil Neftohim Burgas oil refinery in Bulgaria from Lukoil jointly with the State Oil Company of the Azerbaijani Republic (SOCAR), Turkish publication Patronlar Dunyası reported. The publication
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XRG to Acquire Stake in Southern Gas Corridor CJSC, Expanding Caspian Footprint
ABU DHABI, 3rd November, 2025 (WAM) — XRG, the international energy investment platform launched by ADNOC in November 2024, has announced it has signed non-binding Heads of Terms to acquire a stake in Southern Gas Corridor CJSC (SGC) from the
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President Ilham Aliyev: Azerbaijan Lifts All Restrictions On Transit Of Goods To Armenia
Azerbaijan has lifted all restrictions on the transit of goods to Armenia that had been in place since the occupation, said President of Azerbaijan Ilham Aliyev during a joint press statement with President of Kazakhstan Kassym-Jomart Tokayev. “I should also
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Turkic Bridge: Azerbaijan Driving Transport And Energy Integration
By Laman Zeynalova – Trend News Agency 12th Summit of the Council of Heads of State of the Organization of Turkic States (OTS), held in Gabala, Azerbaijan, highlighted the growing importance of the organization on the regional stage and underscored
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There’s No Substitute for Peace to Promote a Harmonious and Prosperous Regional Development
Dr. Carsten Sander Christensen, political reporter for “Azerbaijan Today” magazine, had an interview with Ambassador Extraordinary and Plenipotentiary of the Federative Republic of Brazil to Azerbaijan Mr. Manuel Montenegro. A.T.: Mr. Ambassador, how do you assess the bilateral relations between Brazil and
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After Landmark Visit, Türkiye-US $100B Trade Goal to be Achieved via Strategic Agreements
By Yunus Turk and Emir Yildirim, Anadolu Acency Türkiye is aiming to reach $100 billion in foreign trade with the US, which is possible with strategic agreements on energy and trade signed during Turkish President Recep Tayyip Erdogan’s visit to
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