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The documentary "Crude & Ink: Stories Written in Oil", jointly produced by SOCAR and AnewZ television channel, was premiered at the Nizami Cinema Center, Report informs referring to SOCAR. The event was attended by Leyla Aliyeva, Vice President of the Heydar Aliyev Foundation, government officials, members of the dipl…
In the first three quarters of 2026, total production from the Azeri-Chirag-Deepwater Gunashli (ACG) block of fields in the Azerbaijani sector of the Caspian Sea was on average about 320,000 barrels per day (b/d), or about 87 million barrels or 12 million tonnes in total. Report informs that, according to the business…
Iran has exempted vessels belonging to India, China, Iraq and Qatar from transit restrictions imposed in the Strait of Hormuz.
Azerbaijan aims to keep its public debt-to-GDP ratio stable over the next four years, Finance Minister Sahil Babayev said at a meeting of the Milli Majlis Committee on Economic Policy, Industry and Entrepreneurship, where the 2027 state budget package was discussed. He said the public debt-to-GDP ratio is expected to …
The Central Asian region is one of Azerbaijan's priority destinations for partnership, according to Azerbaijani Deputy Minister Samad Bashirli, Report informs, citing the Ministry of Economy. Speaking at the Second Tianshan Forum on Expanding Sustainable Connectivity and Quality Investments in Central Asia, organized …
The Asian Development Bank (ADB) has presented an updated approach to regional cooperation and integration, setting the task to increase the share of operations aimed at supporting cross-border initiatives to 30% by 2030, Report informs citing the ADB. "Intensifying trade barriers and geopolitical tensions are putting…
The remaining matches of round 4 in the UEFA Champions League (UCL) league phase will be played today. According to Report , nine more matches are scheduled to take place during the day. As part of the round, Azerbaijan"s Sabah will play away against Viking in Norway. Türkiye's Fenerbahce will host Liverpool. At the s…
The price of Azerbaijan's Azeri Light crude oil has declined by $3.05, or 2.62%, compared with the previous indicator, reaching $113.45 per barrel on a CIF basis at Italy's Augusta port.
A passenger aircraft flying from Serbia's capital, Belgrade, to Moscow, the capital of Russia, was forced to turn back due to security concerns and landed at Nikola Tesla Airport. According to Report 's Balkan bureau, the Nova.rs portal announced the incident. The JU134 flight took off from Belgrade at 18:48 local tim…
The opening day of the fourth round of the UEFA Champions League (UCL) league phase took place on November 3. According to Report , nine matches were played on the opening day of the round. As part of the round, Turkish club Galatasaray defeated Stuttgart 2-0 at home, Barcelona beat Aston Villa in Spain, while Villarr…
A consortium led by US billionaire Todd Boehly is preparing to acquire sanctioned Russian oil producer Lukoil's international assets through a securities swap, with a deal expected within weeks, Report informs, citing Reuters. A bank acting for the consortium has bought billions of dollars of frozen Lukoil securities …
Peace between Armenia and Azerbaijan and closer regional cooperation are creating new opportunities for the South Caucasus, particularly in logistics and international transportation, Armenian Prime Minister Nikol Pashinyan said, Report informs. Speaking at the "Future of Europe" summit organized by Euronews in Brusse…
Trade between Azerbaijan and Italy totaled $9.1888 billion in January–September 2026, up 3.1% from the same period last year, Report informs, citing the State Customs Committee. Azerbaijan's exports to Italy rose 3% to $8.7899 billion, while imports from Italy increased 6.6% to $398.9 million. Italy accounted for 24.6…
The closure of the Strait of Hormuz has cost Europe €127 billion due to higher fossil fuel prices, Ursula von der Leyen said on Tuesday, amid fears of a re-escalation of conflict in the region, Report informs referring to Rapporteur. Speaking at an event in Brussels, the European Commission president said that the sur…
Armenian Prime Minister Nikol Pashinyan has appointed Amik Sayadyan as military attaché at the country"s embassy in China. According to Report , citing Armenian media, the relevant decision was published on the government"s official portal. Sayadyan has been appointed to the position for a three-year term. He is sched…
Trade turnover between Azerbaijan and Greece exceeded $715.7 million in January–September 2026, marking an 8.7% increase compared with the corresponding period of 2025, according to the State Customs Committee.
A new wave of cyberattacks targeting supermarket refrigeration systems has hit Europe, just weeks after a similar large-scale attack in France. According to Report 's European bureau, the incidents have affected several countries across continental Europe, as well as Ireland. Speaking at a briefing in Brussels on Nove…
The State Oil Company of Azerbaijan (SOCAR) and Kazakhstan's KazMunayGas (KMG) have discussed increasing the volumes of Kazakh oil transported through Azerbaijan, SOCAR said in a statement, Report informs. SOCAR President Rovshan Najaf met with Chairman of the Management Board of KazMunayGas Askhat Khassenov today. Th…
Azerbaijan Railways (ADY) management has met with representatives of major freight customers to discuss infrastructure upgrades, fleet expansion, digital services and future cooperation, the company told Report . The meeting aimed to brief business partners on ADY's freight operations and results, hear their proposals…
Qatari Foreign Ministry spokesman Majed al-Ansari says efforts to bridge the gap between the US and Iran are ongoing with both countries studying proposals presented for a possible resolution to the conflict, Report informs referring to Al Jazeera. Al-Ansari said all GCC states agree that the US-Iran conflict must not…
A study on the history of Alagoz, an Azerbaijani village in present-day Armenia left depopulated following the expulsion of its Azerbaijani residents in the late 1980s, has been published under the "Sites of Memory of Western Azerbaijan" project. Report informs that the article appeared in Perished Civilization . The …
Azerbaijan imported 680 electric vehicles between January and September 2026, marking a 56.4% decline compared with the corresponding period of 2025. According to data released by the State Customs Committee, the total value of electric vehicle imports fell by...
For much of its modern history, Azerbaijan's economic and political influence has been closely tied to oil and gas. The country built its reputation as an energy producer long before the current debate about energy diversification and the green transition became a global priority. Its pipelines connected the Caspian b…
Belarusian President Alexander Lukashenko believes that the Russia-Ukraine war could end in the coming months. According to Report , citing BELTA, he made the remarks at the 4th Minsk International Conference on Eurasian Security. "The war in Ukraine will end in the coming months. This is my personal opinion. That's i…
The targets for the Caspian Bridge project envisage guaranteed annual cargo volumes of 8 million tonnes, with capacity expected to increase to 10–12 million tonnes in the future. According to Report , citing Kazakhstan's Ministry of Transport, the discussions took place at a meeting between Transport Minister Nurlan S…
The Turkmen dry cargo vessel Gadamly was welcomed at the port of Baku Turkmenportal.com
Azerbaijani President Ilham Aliyev has laid the foundations for more than 180 projects in Garabagh, MP Vugar Bayramov said during today's plenary session of the Azerbaijani Parliament, Report informs. Bayramov noted that following Azerbaijan's victory in 2020, the country had launched large-scale restoration and recon…
During the Patriotic War, Azerbaijanis living in various countries around the world, as well as representatives of other nations who supported Azerbaijan's cause, made dedicated efforts to counter the Armenian lobby's smear campaigns, Azerbaijani MP Jeyhun Mammadov said, Report informs. Speaking about the anniversary …
The Azerbaijan-Italy Business Forum will be held in Baku on November 23, the Italian Embassy in Azerbaijan said in a message on X, Report informs. Representatives of government agencies and companies from both countries will participate in the event. The program includes a plenary session, thematic sessions, and B2B m…
Kazakhstan’s Transport Minister Nurlan Sauranbayev, Azerbaijan’s Ambassador to Kazakhstan Alimirzamin Asgarov, and AZCON Holding representative Shahin Babayev have discussed prospects for bilateral cooperation at a meeting in Astana.