Azernews.Az

Wednesday, August 5, 2026
SOCAR’s Italian investments point beyond traditional oil business

SOCAR’s Italian investments point beyond traditional oil business

There are moments when the future of the energy industry is announced not with a dramatic discovery or a record-breaking oil field, but with a quiet corporate statement. Hidden between routine updates and investment plans are the first signs of a much larger transformation.

Nation
TRIPP enters new phase in push to rewire South Caucasus trade

TRIPP enters new phase in push to rewire South Caucasus trade

Armenian Foreign Minister Ararat Mirzoyan held a meeting with Ariye Lightstone, Senior Advisor to the U.S. Special Representative.

Oil & Gas
Azeri Light crude falls more than 5% as global oil prices slide

Azeri Light crude falls more than 5% as global oil prices slide

The price of Azerbaijan's Azeri Light crude oil declined sharply on international markets, mirroring a broad sell-off across the global energy sector, AzerNEWS reports.

Business
CBA net claims on banks fall to AZN 5.75 billion in July 2026

CBA net claims on banks fall to AZN 5.75 billion in July 2026

The Central Bank of Azerbaijan (CBA) reported that its net claims on banks and non-bank credit organizations (NBCOs) stood at AZN 5.749 billion as of July 1, 2026, reflecting a significant decline in the banking sector's reliance on central bank financing, AzerNEWS reports.

Armenian-Azerbaijani Relations
Ruben Vardanyan’s philanthropic mask cannot hide his political past

Ruben Vardanyan’s philanthropic mask cannot hide his political past

There is an important distinction between philanthropy and political influence. The former can build schools, preserve cultural heritage and support communities. The latter can shape so-called governments in occupied territories, conflicts and public narratives. Ruben Vardanyan’s career deserves scrutiny precisely because the two have repeatedly appeared intertwined.

World
Türkiye targets new energy ventures in Azerbaijan and beyond

Türkiye targets new energy ventures in Azerbaijan and beyond

Türkiye is interested in participating in energy projects abroad, including in Azerbaijan, Bulgaria, Iraq, Libya, Somalia and Pakistan.

Analysis

Lifestyle
Land of Fire opens new opportunities for global movie productions [PHOTOS]

Land of Fire opens new opportunities for global movie productions [PHOTOS]

Azerbaijan is expanding its efforts to attract international film and television productions. In recent years, the Azerbaijan Culture Ministry and the Cinema Agency (ARKA) have introduced new funding programmes, production incentives and industry initiatives to support the country's film sector and encourage foreign productions. Their work is complemented by the Azerbaijan Film Commission, which provides production support for international projects.

Culture
Azerbaijan Dance Festival 2026 program announced – Tickets on sale [VIDEO]

Azerbaijan Dance Festival 2026 program announced – Tickets on sale [VIDEO]

The program of the international Azerbaijan Dance Festival 2026 has been announced, AzerNEWS reports.

Travel
Azerbaijani pilgrims currently at Medina international airport

Azerbaijani pilgrims currently at Medina international airport
Second group of Azerbaijani pilgrims to depart for Hajj this month

Second group of Azerbaijani pilgrims to depart for Hajj this month
Astana celebrates Novruz with festive events and cultural celebrations [PHOTOS]

Astana celebrates Novruz with festive events and cultural celebrations [PHOTOS]
Albania’s impeccable hospitality and exuberant architecture

Albania’s impeccable hospitality and exuberant architecture
Experience charm of autumn season at Shahdag National Park

Experience charm of autumn season at Shahdag National Park
Georgian foreign travelers arrive in Shusha

Georgian foreign travelers arrive in Shusha

Events
Another group of families returns to Khojavand [PHOTOS]

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.

Sports
Youth and sports Minister congratulates athletes on int'l achievements [PHOTOS]

Youth and sports Minister congratulates athletes on int'l achievements [PHOTOS]

Minister of Youth and Sports Farid Gayibov met with athletes who successfully represented Azerbaijan at international competitions during the month of July, AzerNEWS reports.

Latest See more