In 2025, expenses on the State Oil Fund (SOFAZ) management will amount to AZN 43.7 million, of which AZN 22.4 million, or about 51 %, will be procurement expenses. This is stated in the Accounting ...
Auction on early redemption of government bonds with codes AZ0201040208, AZ0201040240, AZ0201040265 and AZ0201040323 ISIN, placed by the Ministry of Finance, will be held at the Baku Stock Exchange on ...
The State Oil Company of Azerbaijan (SOCAR) is launching the Leucipa monitoring program for the first time in the Caspian region to enhance production efficiency in the oil and gas industry, KOKAR ...
Trump’s new energy and tariff policies could have adverse effects on global oil and gas prices in the short, medium, and long term, potentially triggering an economic crisis in Azerbaijan from 2026 ...
Despite the fact that the municipal elections at the 25th precinct of the 23rd Nasimi-Sabail electoral district ended more than an hour ago, the ballot boxes are not open, and the vote counting has ...
Deputy Defense Minister of Azerbaijan and Commander of the Ground Forces, Colonel General Hikmet Mirzoyev, who is on an official visit to Turkey, met with the Chief of the General Staff of the Turkish ...
On January 29, an independent reporter was not permitted to film at the 26th polling station of the Nasimi-Sabayil electoral district No. 23. Members of the election commission prohibited him from ...
The State Oil Company of Azerbaijan (SOCAR) is launching the Leucipa monitoring program for the first time in the Caspian region to enhance production efficiency in the oil and gas industry, KOKAR ...
On 3 February, the Baku Court of Appeal chaired by Habil Mammadov rejected an appeal against the decision of the Narimanov court to arrest all the property of economist and politician Gubad Ibadoglu. ...
On February 5, a preparatory hearing was held in the Baku Court for Serious Crimes, chaired by Vugar Ibrahimov, in the case of former diplomat Emin Ibrahimov. The main hearings are scheduled for ...
Azerbaijan's financial standing continues to strengthen as the country's foreign currency reserves have surged to $71 billion as of January 1, 2025, according to the Ministry of Finance. This figure, ...
"Kazmortransflot" transported 13.2 million tons of oil in 2024, according to the press service of JSC "KazMunayGas" (KMG). "LLP 'Kazmortransflot,' a subsidiary of KMG, completed the past year with the ...
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