The Azerbaijani government is actively working on the peaceful development of its nuclear energy programme, Deputy Energy Minister Elnur Soltanov told a parliamentary committee hearing.
SOCAR has launched artificial intelligence-based energy efficiency programmes at its carbamide plant in Absheron as part of a pilot project.
As European countries face a pressing need to rearm amid fears the US may pull back from its security commitments, an EBRD report shows higher defence spending is already putting pressure on public finances.
Weaker external demand and potential impact of Trump tariffs weigh on Emerging Europe, Central Asia and Semed regions, with growth now projected at 3.2%.
Political and geopolitical developments that heighten external vulnerabilities and policy weaknesses in the South Caucasus are exerting a significant influence on the sovereign credit profiles of the region’s countries, rating agency says.
The suspension of BBC News Azerbaijani’s operations and the financial collapse of Turan Information Agency — within days of each other — signal an accelerating erosion of independent journalism.
Azerbaijan targets 1.9mn tonnes of hydrogen production by 2060, and plans exports to Europe and Asia.
From 2021 to 2024, bank lending grew by 18%, largely driven by a surge in consumer loans.
Azerbaijan's energy sector maintained steady production in 2024, with significant investments directed toward the Shah Deniz gas-condensate field and the Azeri-Chirag-Gunashli oil and gas block, according to BP report.
Russia-Azerbaijan relations are worsening, exacerbated by the fallout from the downing of an Azerbaijani passenger aircraft and subsequent diplomatic disputes.
A comprehensive overview of the regional energy sector.
Azerbaijan’s increasingly assertive stance on Russian matters marks a shift from its previous balancing act between Moscow and the West.
Azerbaijan typically complies with such extradition requests, but relations with Russia have deteriorated recently.
A growing partnership between Azerbaijan, Turkey and Uzbekistan marks an important shift in regional economic diplomacy.
Cautiously worded Kazakh government report on tragedy, meanwhile, stops short of identifying “foreign metal objects”.
The timing of Azerbaijan's large-scale Border Shield operation raises geopolitical questions.
Struggling democracy Armenia left isolated and vulnerable, while for the leaders of Azerbaijan and Georgia, Trump’s victory indicates a welcome relief from the usual US emphasis on democracy and human rights.
Kyiv wants to become a transit hub for Azerbaijani gas after ending Russian gas transport, but plan faces political, logistical and economic hurdles.
Trials of Russian-Armenian billionaire Ruben Vardanyan and fellow former Karabakh leaders draw little Western attention despite Azerbaijan’s poor human rights record.
Trade balance heavily favours Beijing.