Azerbaijan ready to expand Southern Gas Corridor
Azerbaijan is ready to increase gas supplies and expand the Southern Gas Corridor, SOCAR President Rovshan Najaf said at a session within the framework of Baku …
Economy
Upgraded Baku-Tbilisi-Kars railway to be opened today
Today, an event will be held at the Akhalkalaki railway and logistics complex in Georgia to mark the commissioning of the Baku-Tbilisi-Kars railway line following its modernization, according to the Azerbaijan Railways CJSC.
First commercial supercomputer launched in Armenia
A ceremony was held today in northern Armenia to mark the launch of the nation's first commercial supercomputer, which is equipped with several latest-generation Nvidia graphics processors.
Azerbaijan and Tatarstan discuss joint industrial park project
Officials from Baku and Kazan have held talks on establishing a joint industrial park in Sumgait's industrial zone, while also exploring cooperation in the energy sector.
Azerbaijani gas export volume to Europe announced
Azerbaijan's Energy Minister revealed natural gas export figures to Europe for the previous year and the beginning of this year, with Türkiye receiving the largest share.
Zangezur Corridor to be definitely constructed - Ilham Aliyev
The Zangezur corridor will definitely be built as part of the development of the international East-West route, Azerbaijani President Ilham Aliyev said during his speech at the official opening ceremony of the 31st Baku Energy Forum.
Iran and Oman drafting agreement on managing Strait of Hormuz
Iran said the work is underway with Oman to draft an agreement to govern the Strait of Hormuz, with a senior lawmaker stressing that only the two countries have the right to decide how the strategic waterway is managed.
US escorts about 70 ships through Strait of Hormuz in May
Over the past three weeks, the U.S. military provided support to about 70 ships crossing the Strait of Hormuz, The New York Times reported, citing U.S. administration officials.
Algeria ratifies energy co-op agreement with Azerbaijan
President of Algeria Abdelmadjid Tebboune has ratified a strategic memorandum of understanding between Algeria and Azerbaijan aimed at expanding bilateral cooperation across the hydrocarbons sector, including oil, gas, petrochemicals and emerging green-energy projects.
Qatar ready to discuss temporary toll for passage through Strait of Hormuz
Qatar stands against imposing a permanent toll for the passage through the Strait of Hormuz but is ready negotiate a temporary one, Qatari Deputy Prime Minister and Minister of State for Defense Affairs, Sheikh Saoud bin Abdulrahman Al Thani said.
Europe needs Russia to survive - Dmitriev
The European Union is becoming more realistic amid the current energy crisis and is beginning to corrects its mistakes, Russian president’s special envoy for investment and economic cooperation with foreign countries and CEO of the Russian Direct Investment Fund (RDIF) Kirill Dmitriev said.
Key rate may fall to 10 percent - Aksakov
Russia's Central Bank could reduce its key rate to 10% by year's end, Anatoly Aksakov, Chairman of the State Duma Committee on Financial Markets, reported.
EU seeks to freeze Russian oil price cap - media
According to media reports, the EU's price cap on Russian oil may be frozen amid the ongoing blockade of the Strait of Hormuz.
Türkiye increases natural gas purchases from Azerbaijan
Azerbaijan delivered 2.3 billion cubic meters of natural gas to Turkey during the first three months of the year, marking an increase of over 3% compared to the same period in 2025.
Russia allows Armenia to waive its Goods Delivery Expectation Confirmation System payments until July 1
Starting Monday, June 1, Russia is introducing a new import regulation
Nearly 16,000 hectares of crops damaged by hail in Stavropol Krai
It is difficult to determine the damage yet due to ongoing heavy rains
US seized 1 bln in cryptocurrency from Iran
The US Secretary explained that Iranian individuals' cryptocurrency capital has reached billions in dollar terms
Pashinyan announces construction of international highway in northern Armenia
The Prime Minister explained that the transit road will pass through the Tavush, Lori, and Shirak provinces of Armenia and will be a toll road
Russia steps up electricity imports from Azerbaijan
In the first three months of 2026, Azerbaijan exported 32.068 gigawatt-hours (GWh) of electricity to Russia, according to Azerbaijan’s State Statistics Committee. Imports increased by more than 20% in volume terms and by …
Putin completes state visit to Kazakhstan
Russian President Vladimir Putin has completed his state visit to Kazakhstan, according to the Kazakh leader’s press service.
