Powering Azerbaijan’s post-oil horizons: why SOFAZ’s Peruvian venture matters
In the complex landscape of sovereign wealth management, true resilience is rarely achieved through passive market tracking or over-concentrated regional holdings. When the State Oil Fund of the Republic of Azerbaijan (SOFAZ) partnered with I Squared Capital and the Canada Pension Plan Investment Board (CPPIB) to acquire a major stake in Peru’s Inkia Energy, the move drew quiet interest across emerging market investment circles.
Turkiye ready to implement various projects in Azerbaijan’s oil and gas fields
Turkiye is ready to implement various projects in Azerbaijan’s oil and gas fields, Turkish Energy and Natural Resources Minister Alparslan Bayraktar said, AzerNEWS reports.
Europe's natural gas storage stuck at 57%, lowest since 2011
Europe's natural gas storage facilities are currently 57% full, marking the lowest level recorded for this time of year since 2011. By comparison, storage sites across the continent were approximately...
Fitch upgrades Azerbaijan banks’ operating environment rating to ‘BB’
International rating agency Fitch Ratings has upgraded its assessment of the operating environment for Azerbaijani banks to “bb” from the previous “bb-”, while maintaining a “stable” outlook, AzerNEWS reports.
How Baku's post-war strategy changed Washington's role in South Caucasus [ANALYSIS]
Therefore, transformation in US-Azerbaijan relations and the emergence of a new peace framework between Azerbaijan and Armenia are best understood not only as separate diplomatic developments, but as parts of the same geopolitical process. However, the turning point came with President Ilham Aliyev’s visit to the United States on 8-9 August 2025.
Italy rejects Spain’s deadline to lift border checks
Italy does not accept Spain's "ultimatum" on border checks as it insisted that the suspension of Schengen arrangements won't be revised before Aug. 15, Prime Minister Giorgia Meloni's office said Friday amid a row over the Ceuta migration crisis, AzerNEWS reports, citing Anadolu Agency.
Eight bison calves born in Shahdag National Park this year
Eight bison calves have been born this year in Shahdag National Park, marking a significant achievement in Azerbaijan's efforts to restore the population of this endangered species, AzerNEWS reports citing WWF Azerbaijan.
Azerbaijan, Vietnam explore new opportunities for film cooperation [PHOTOS]
Azerbaijan and Vietnam are exploring new opportunities for cooperation in the film industry, including joint film production, professional exchanges, and the development of creative projects.
Another group of families returns to Khojavand [PHOTOS]
In line with the instructions of President of Azerbaijan Ilham Aliyev, the Great Return process to the country’s liberated territories continues.
Azerbaijan U18 women’s basketball team defeats Estonia at European Championship
Azerbaijan’s U18 women’s national basketball team has secured its second victory at the European Championship Division B in Romania, AzerNEWS reports.
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Italy rejects Spain’s deadline to lift border checks
18:40 -
Turkiye ready to implement various projects in Azerbaijan’s oil and gas fields
18:05 -
Powering Azerbaijan’s post-oil horizons: why SOFAZ’s Peruvian venture matters
17:35 -
Azerbaijan U18 women’s basketball team defeats Estonia at European Championship
17:00 -
Seven injured as Ukrainian drone attacks hit several Russian regions
16:30 -
Hikmet Hajiyev: President Ilham Aliyev has won both war and peace
15:55 -
Azerbaijan holds annual meeting of military attachés and representatives
15:25 -
French MFA issues statement marking anniversary of Washington summit
14:50 -
Ukraine pledges not to strike CPC infrastructure or non-Russian tankers
14:20 -
Hot weather to continue across Azerbaijan, temperatures hit 40°C
13:45 -
Colombia to join US-backed “Shield of Americas” alliance
13:15 -
Prime Minister of Armenia makes phone call to President Ilham Aliyev
12:36 -
Bulldozer hits landmine in Azerbaijan’s Khojavend district
12:10 -
Azerbaijan backs peaceful resolution of Georgia conflict within recognized borders
11:35 -
Pashinyan: Washington summit took Armenia out of deadlock and opened new prospects
11:05 -
Fitch upgrades Azerbaijan banks’ operating environment rating to ‘BB’
10:30 -
Azerbaijan to transit new Russian wheat and coal shipments to Armenia
10:00 -
Japan demands U.S. stop using anime and game memes
09:00 -
Trump bans birth tourism in U.S
08:30 -
How Baku's post-war strategy changed Washington's role in South Caucasus [ANALYSIS]
08:00 -
South Korean orbiter captures crater formed by Falcon 9 debris striking Moon
7 August 23:58 -
Warner Bros. confirms new "Matrix" film
7 August 23:30 -
Meta ordered to pay for harming children’s mental health
7 August 22:58 -
Germany condemns North Korea’s missile launch
7 August 22:25 -
Washington peace, one year on: What changed in South Caucasus?
7 August 21:55 -
ByteDance expands AI ambitions
7 August 21:50 -
Britain bans smart glasses in restaurants
7 August 21:20 -
Armenia becomes new fault line in global power contest
7 August 20:45 -
Chile and Venezuela reopen consular channels
7 August 20:17 -
Heatwave death toll in Europe surpasses 25,000
7 August 19:40 -
Global food prices rise to highest level in more than three years
7 August 19:10 -
EU imposes new sanctions on five Russians over support for military-industrial complex
7 August 18:53 -
Türkiye, Saudi Arabia, Pakistan deepen military ties with new defense agreement
7 August 18:31 -
Azercell launches annual subscription for ZengimCELL service
7 August 18:07 -
Organizing Committee reviews preparations for FIFA Youth World Cups in Azerbaijan [PHOTOS]
7 August 17:46 -
Azerbaijan’s state budget overpayments approach AZN 2.9 billion
7 August 17:27 -
Azerbaijan invests more than 1 billion manats in post-conflict reconstruction
7 August 17:10 -
Azerbaijan, Vietnam explore new opportunities for film cooperation [PHOTOS]
7 August 16:49 -
Fitch upgrades ABB’s long-term issuer default rating to BB+
7 August 16:30 -
Young talents shine at Azerbaijan Rhythmic Gymnastics Championships [PHOTOS]
7 August 16:13 -
Turkiye’s metal exports to Azerbaijan drop 34.9% in July
7 August 15:53 -
Middle Corridor gains strategic importance as Azerbaijan expands logistics role
7 August 15:31 -
Saudi Arabia heightens security after reports of planned attacks
7 August 15:16 -
Azerbaijan’s $4.9 billion credit push targets roads, rail and reconstruction
7 August 14:58 -
English Football Association backs away from Infantino's re-election bid
7 August 14:36 -
SOFAZ invests in Peru’s largest independent power producer
7 August 14:19 -
Europe's natural gas storage stuck at 57%, lowest since 2011
7 August 13:56 -
Baku prepares to welcome Europe’s volleyball elite for 2026 Championship [PHOTOS]
7 August 13:38 -
Mingachevir to host fifth Let's Cross Kura Open Water Swimming Race
7 August 13:22 -
Pashinyan criticizes EAEU over unfulfilled integration principles
7 August 13:02 -
Azerbaijan banks increase real sector lending to AZN 34.6 billion
7 August 12:43 -
Eight bison calves born in Shahdag National Park this year
7 August 12:20 -
Drone attack sparks fire at Wildberries logistics hub in Yekaterinburg
7 August 12:03 -
AFFA Official appointed as UEFA Delegate for Europa League Qualifying Match
7 August 11:46 -
Gold, silver extend gains as market sentiment improves
7 August 11:23 -
Saudi Arabia, Türkiye and Pakistan move toward Joint Defense Agreement
7 August 11:02 -
Archaeological Summer School launched at Shamkir Archaeological Expedition [PHOTOS]
7 August 10:47 -
Azeri Light crude rises to $93.37 per barrel in Augusta Port
7 August 10:22 -
Freight shipment of wheat and coal to transit Azerbaijan heading to Armenia
7 August 10:00 -
WBD Q2 results miss expectations amid revenue decline
7 August 09:00 -
Azerbaijan’s debt shrinks as reliance on foreign credit fades
7 August 08:30 -
S. Korea bans hidden used car fees
7 August 08:00 -
Ankara, Baghdad sign one-year crude oil transport deal to boost pipeline capacity
6 August 23:30 -
Four carmakers to recall vehicles in South Korea
6 August 22:58 -
Disney+ to add TikTok-style short videos through new deal
6 August 22:25 -
Kazakhstan to introduce AI studies from first grade
6 August 21:51 -
DPRK launches suspected ballistic missile
6 August 21:20 -
New hypoallergenic beagles develop in USA
6 August 20:39 -
Ukraine’s Caspian strike reveals how Iran and Russia wars are converging [Op-Ed]
6 August 20:16 -
Global talent shifts toward Türkiye as 379,000 skilled workers receive permits
6 August 19:48 -
Dua Lipa to headline UK's oldest literary festival
6 August 19:25 -
Oil-backed financing plan takes shape for $55 billion trade corridor
6 August 18:45 -
China unveils world’s first 16 MW floating wind platform
6 August 18:20 -
Türkiye, Spain move to deepen trade ties with $25 billion target in sight
6 August 17:46 -
South Caucasus Pipeline averages 63.7 million cubic metres of daily gas exports
6 August 17:23 -
Azerbaijan honors its photography legacy with commemorative stamp [PHOTOS]
6 August 17:04 -
Tehran, Muscat near 60-day agreement to ease Hormuz deadlock
6 August 16:48 -
Qarabag FC to face Dynamo Kyiv in UEFA Conference League Qualifier
6 August 16:33 -
Azerbaijan ready to support Ukraine’s energy security, Bayramov says
6 August 16:14 -
Urban birds fly away sooner from women than men
6 August 15:56 -
Number of Central Asian labor migrants entering Russia falls 15%
6 August 15:39 -
State Examination Center to hold recruitment exams for arts school directors and teachers
6 August 15:21 -
Baku Court of Appeals rejects appeals filed by convicted Armenian nationals [PHOTOS]
6 August 15:02 -
Rising fuel prices push drivers worldwide toward electric vehicles
6 August 14:45 -
BTC pipeline hits 4.7 billion-barrel milestone as SOCAR takes over operations
6 August 14:24 -
Middle East tensions push LNG shipping costs higher
6 August 14:03 -
Ukraine's FM Sybiha offers condolences over Azerbaijani casualties in Black Sea
6 August 13:40 -
Another cargo shipment from Russia to Armenia transits through Azerbaijan
6 August 13:21 -
National Art Museum hosts interactive art program for children
6 August 13:02 -
Ship traffic through Hormuz and Bab el-Mandeb straits drops sharply
6 August 12:47 -
Appeal process continues in Baku case involving Armenian separatist leaders
6 August 12:26 -
Jeyhun Bayramov, Andrii Sybiha highlight importance of Azerbaijan-Ukraine partnership [PHOTOS]
6 August 12:03 -
National judo team heads to World Cadet Championships in Ecuador
6 August 11:46 -
Wildberries facility hit by falling drone debris
6 August 11:22 -
Gold prices rise on easing Middle East tensions
6 August 11:02 -
Taekwondo fighters enjoys rich medal haul at Batumi Open 2026
6 August 10:44 -
Azeri Light crude extends decline, falls below $92 per barrel
6 August 10:25 -
BSE trading volume falls while number of deals surges 2.3 times
6 August 10:00 -
Bayramov heads to Ukraine for talks with foreign minister Sybiha
6 August 09:24 -
Brazil downgrades ties with Argentina
6 August 09:00