Baku: bp, SOCAR, and TPAO have signed several agreements to enable TPAO’s participation in the production sharing agreement (PSA) for the Shafag-Asiman offshore block located in the Azerbaijan sector of the Caspian Sea, APA-Economics reports. This col…
Baku: As a result of investments made in digital infrastructure in Azerbaijan, the number of data centers in the country is increasing, said Deputy Minister of Digital Development and Transport Samir Mammadov during his speech at the “Baku Energy Foru…
Baku: The Shah Deniz consortium today announced it has taken the final investment decision (FID) for the new Shah Deniz Compression (SDC) project, the next stage of development of the giant Shah Deniz gas field in the Azerbaijan sector of the Caspian …
Baku: Expanding economic cooperation between Azerbaijan and Hungary has been discussed, the Ministry of Economy told APA-Economics. The Minister of Economy, Mikayil Jabbarov, met with Gell©rt J¡szai, Hungary’s special envoy for the development of fore…
Baku: As of June 1, 2025, the monetary base in Azerbaijan amounted to 20 billion 629.7 million manats. Compared to the previous month, the monetary base decreased by 0.43%, or 89.6 million manats.
According to Azeri-Press News Agency, the money supp…
Baku: Energy security is an integral part of national security for the Czech Republic, stated Tom¡€¦¡ Pojar, the Czech Republic’s National Security Adviser, during his speech at the 30th Anniversary Baku Energy Forum held in Baku.
According to Azeri…
Baku: Romania consistently supports the region’s energy security, Pavel-Casian Nitulescu, State Secretary of the Romanian Ministry of Energy, said during his speech at the 30th Anniversary Baku Energy Forum held in Baku, APA-Economics reports.
Accor…
Baku: BP today announced it has completed its acquisition of participating interests in two offshore exploration and development blocks in the Azerbaijan sector of the Caspian Sea. Agreements finalizing the deal were signed between BP and SOCAR (State…
Lachin: The official opening ceremony of the CIS Cultural Capital 2025 was held in the city of Lachin.
According to Azeri-Press News Agency, The event marked a significant cultural milestone, gathering approximately 100 official representatives and…