Azerbaijan increases trade turnover with Russia and CIS states
Azerbaijan has boosted its trade turnover with Russia and the Commonwealth of Independent States (CIS) since the start of the current year, according to data …
Economy
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China increases purchases of Russian pipeline gas by third
The volume of Russian pipeline gas supplies to China in January-April increased by 31.6% year-on-year, to $3.32 billion, according to the data from the …
Karabakh now open for visits
Azerbaijani citizens are now allowed to visit Aghdam, Fuzuli, Khojavend, Jabrayil, Zangilan, Khankendi, Khojaly, and Aghdara locations by private vehicle. Starting from May 20, citizens are allowed to visit a number of …
Russia to build up oil supplies to China
Russia is ready to increase oil supplies to China via Kazakhstan by 2.5 million tons, Russian Deputy Prime Minister Alexander Novak said. "This is a proposal from the Chinese side, and, accordingly, we are ready to …
SOCAR intends to acquire Italian oil company
SOCAR will compete for the right to acquire an Italian oil company in a tender, according media reports.
Kazakhstan: Consortium for construction of NPP to be created with participation of Rosatom
Kazakhstan has stated that work on creating a consortium for construction of a nuclear power plant (NPP) is continuing. It has been noted that the country is maintaining contacts with four companies.
Azerbaijan participates in Russia-Islamic World forum in Kazan
An Azerbaijani delegation led by Deputy Prime Minister Shahin Mustafayev took part in the 16th International Economic Forum "Russia-Islamic World: …
Many countries ready to resume air traffic with Russia - agency
Russia’s Federal Air Transport Agency (Rosaviatsiya) is discussing with aviation authorities of many countries the possibility of resuming air …
Oil market braces for prolonged downturn
The global oil market is poised to enter a prolonged downturn in crude prices, potentially lasting several years. The world's largest oil companies, including BP, Chevron, ExxonMobil, Shell, and TotalEnergies, are taking …
Saudi Arabia to take part in St. Petersburg International Economic Forum
Representatives of Saudi Arabia will participate in the St. Petersburg International Economic Forum (SPIEF), the country’s Ambassador to Moscow Abdulrahman bin Suleiman Al-Ahmed said at the 16th International Economic Forum Russia - Islamic …
SOCAR to buy stake in Israeli Tamar project
The State Oil Company of the Azerbaijani Republic (SOCAR) will buy 10% of Israel's Tamar gas field development project, Calcalist reported. The Israeli Competition Authority has approved the sale of 10% of the …
Exports of Russian halal products soars
Exports of Russian halal products increased by 82% in money terms to $380 mln in 2024, Russia's First Deputy Agriculture Minister Elena Fastova said. …
Azerbaijan may export wheat and soybean seeds from Russia
Russian breeding and seed company EkoNiva-Semena is considering the possibility of supplying soybean seeds to Azerbaijan, the company's senior sales representative Alexander Novoselov said on the sidelines of the 18th Azerbaijan …
UN: More than a third of the world's population is in difficult financial situation
A UN representative who spoke at a forum in Kazan shared the information on the global socio-economic situation.
Trump doesn't rule out dealing directly with Xi Jinping on trade deal
U.S. President Donald Trump said he could see himself directly dealing with his Chinese counterpart Xi Jinping on the final details of a U.S.-China …
Iran proposes U.S. to establish nuclear consortium
Iran has proposed the creation of a joint nuclear-enrichment venture involving American investments as an alternative to Washington’s demand that it dismantle its nuclear program, The New York Times reported citing sources. …
U.S. inks $600 billion deal with Saudi Arabia
U.S. President Donald Trump kicked off his trip to the Gulf with a $600 billion commitment from Saudi Arabia to invest in the U.S. Trump and the Saudi crown prince signed an agreement covering energy, defense, mining …
"Bayraktar" to manufacture drones in Sumgait
The Turkish company Bayraktar, which manufactures the famous unmanned aerial vehicles of the same name, will manufacture drones in Azerbaijan.
Rosatom and Gazprom attend Energy Week in Tashkent
The Uzbekistan Energy Week, which includes four exhibitions and conferences, has kicked off in Tashkent today. Russia will be represented at …
Will European Union be able to end dependency on Russian resources?
The European Commission’s initiative to eliminate Russian energy resources will be the final blow to the European economy, which is already struggling due to …
