President Aliyev and EBRD President Sign Key Memorandum on Water Infrastructure Development.

Baku: President of the Republic of Azerbaijan Ilham Aliyev met with Odile Renaud-Basso, President of the European Bank for Reconstruction and Development (EBRD), during which a significant Memorandum of Understanding was signed. This agreement involves the Ministry of Economy of Azerbaijan, the Azerbaijan State Water Resources Agency, and the EBRD, focusing on the reconstruction of … Read more

Price of Azerbaijani Oil Exceeds $74.

Baku: The price of Azeri Light (CIF) branded Azerbaijani oil has increased in world markets, APA-Economics reports. The price per barrel rose by 0.44 USD or 0.6%, reaching 74.16 USD. According to Azeri-Press News Agency, the Azerbaijani oil was previously traded at 73.72 USD per barrel the day before.

President Ilham Aliyev Highlights Severe Climate Impact on French and Dutch Overseas Territories.

Paris: President Ilham Aliyev has drawn attention to the significant impact of climate change on the overseas territories of France and the Netherlands, particularly those located in the Caribbean and Pacific regions. Speaking at the Leaders’ Summit of the Small Islands Developing States on Climate Change, which took place on November 13 as part of … Read more

OPEC Reveals Decline in Azerbaijan’s Daily Oil Production in October.

Baku: In October of this year, Azerbaijan’s daily oil production averaged 482,000 barrels, which is 7,000 barrels lower compared to the previous month, September, this was stated in the monthly report of the Organization of the Petroleum Exporting Countries (OPEC), APA-Economics reports. According to Azeri-Press News Agency, the figure for July of this year was … Read more

President Ilham Aliyev Calls on Former Colonial Powers to Assist Small Island Developing States.

Baku: President Ilham Aliyev has urged former colonial powers to extend financial and technical support to Small Island Developing States (SIDS) during his address at the Leaders’ Summit of the Small Islands Developing States on Climate Change. The summit was held on November 13 as part of COP29, where Azerbaijan serves as the host country. … Read more

President Ilham Aliyev Highlights Severe Climate Impact on French and Dutch Overseas Territories.

Paris: President Ilham Aliyev has drawn attention to the significant impact of climate change on the overseas territories of France and the Netherlands, particularly those located in the Caribbean and Pacific regions. Speaking at the Leaders’ Summit of the Small Islands Developing States on Climate Change, which took place on November 13 as part of … Read more

Azerbaijan’s Role in Supporting Small Island States Highlighted at COP29.

BAKU: President Ilham Aliyev emphasized Azerbaijan’s commitment to addressing the challenges faced by small island developing states during his speech at the Leaders’ Summit on Climate Change at COP29. He highlighted Azerbaijan’s efforts over the past four years as chair of the Non-Aligned Movement, providing financial and humanitarian aid to over 80 countries, including 20 … Read more

President Ilham Aliyev: Azerbaijan Will Continue to Support Small Island States in the Future.

Baku: ‘Azerbaijan supported small island states as the chair of the Non-Aligned Movement, supports them as President of COP29, and will continue to support our friends in the future,’ said President Ilham Aliyev during his speech at the Leaders’ Summit of the Small Islands Developing States on Climate Change held on November 13 as part … Read more

Price of Azerbaijani Oil Exceeds $74.

Baku: The price of Azeri Light (CIF) branded Azerbaijani oil has increased in world markets, APA-Economics reports. The price per barrel rose by 0.44 USD or 0.6%, reaching 74.16 USD. According to Azeri-Press News Agency, the Azerbaijani oil was previously traded at 73.72 USD per barrel the day before.