Azerbaijan economy set for modest growth despite weak oil prices
BMI notes that while the oil sector continues to face fiscal constraints and declining global prices, diversification efforts are beginning to yield results. As of December 2025, oil sector GDP accounted for 47.4% of the total, while non-oil GDP reached 52.7%. This reflects an 8.6% growth in non-oil output, even as overall production fell by 2.6% due to a steep 7.3% decline in oil production.
![Azerbaijan Defense Ministry releases weekly summary video [VIDEO]](https://www.azernews.az/media/2026/02/22/876x563/icmal_mudafie_281225.jpg)
Azerbaijan Defense Ministry releases weekly summary video [VIDEO]
The Azerbaijan Defense Ministry has released a summary video based on information shared last week (February 15-22).
Weekly review: Crude oil prices see mixed trends
This week, the average prices of Azeri Light CIF, Azeri Light FOB Ceyhan, Urals, and Dated Brent crude oils all experienced fluctuations, AzerNEWS reports.
Azerbaijan aligns with China’s Belt and Road strategy through Middle Corridor
According to Azerbaijan's Foreign Minister Jeyhun Bayramov, the partnership rests on several pillars, including robust political dialogue, shared economic goals, and collaboration in multilateral frameworks. He stressed the importance of high-level trust and coordination, especially in the areas of transport infrastructure, renewable energy, green technologies, and sustainable development.
Trump says he brokered peace between Azerbaijan and Armenia in 24-hour push
“They are good people, but they are tough. I think they have become friends,” said U.S. President Donald Trump, referring to President of Azerbaijan Ilham Aliyev and Prime Minister of Armenia Nikol Pashinyan during the inaugural meeting of the Board of Peace in Washington.
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Azerbaijan identifies 17 more missing from First Karabakh War amid ongoing mass grave investigations
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Armenia’s constitution: A fault line in peace process - Lessons from Munich
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Beyond border: how civil society talks hint at fragile thaw between Armenia and Azerbaijan
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Press conference held in Yerevan after Azerbaijan–Armenia civil society talks [VIDEO]
Ruben Vardanyan linked to Epstein files
Businessman Ruben Vardanyan, recently convicted of war crimes by a Baku court, appears in the so-called Epstein files, a collection of emails, correspondence, and records from the late U.S. financier Jeffrey Epstein, AzerNEWS reports.
Giant tortoises return to Galápagos island after nearly 200 years
Giant tortoises are roaming the Galápagos island of Floreana for the first time in more than 180 years, in what conservationists have called a "hugely significant milestone," AzerNEWS reports citing BBC.
![Astana celebrates Novruz with festive events and cultural celebrations [PHOTOS]](https://www.azernews.az/media/2025/03/22/426x235/17425624306408228467_1200x630.jpg)
Baby monkey Punch becomes internet sensation
A baby Japanese macaque named Punch has captured hearts around the world after his story went viral from the Ichikawa City Zoo in Chiba Prefecture, Japan, AzerNEWS reports citing foreign media.
![Azerbaijan, Austria foster exchange in music education [PHOTOS]](https://www.azernews.az/media/2026/02/22/426x235/ferfrfre1.jpg)
Azerbaijan, Austria foster exchange in music education [PHOTOS]
AAzerbaijan and Austria are strengthening ties through collaboration in music education and cultural exchange, AzerNEWS reports.
![Azerbaijan opens doors for global film projects at Berlinale [PHOTOS]](https://www.azernews.az/media/2026/02/18/426x235/mou2.jpg)
Azerbaijan opens doors for global film projects at Berlinale [PHOTOS]
The Berlin International Film Festival (Berlinale), is one of the most prestigious and highly regarded film festivals in the world.
Referees announced for UEFA Champions League Play-Off between Qarabag and Newcastle
The UEFA Champions League play-off second leg between Newcastle United and Qarabağ FK will be overseen by a team of experienced officials from Italy, AzerNEWS reports.
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Azerbaijan economy set for modest growth despite weak oil prices
08:30 -
Giant tortoises return to Galápagos island after nearly 200 years
08:00 -
Leaked documents reveal 500 million Euro Russia Iran arms agreement
01:14 -
Ukraine strikes deep inside Russia hitting key missile factory
01:04 -
Greece working with another 4 European countries to set up migrant deportation hubs outside EU
22 February 23:00 -
Single vaccine could protect against all coughs, colds and flus, researchers say
22 February 22:32 -
Kyrgyzstan bans export of mineral fertilizers
22 February 22:14 -
Pakistan, US agree to enhance bilateral trade, economic ties, counterterrorism cooperation [PHOTOS]
22 February 21:40 -
Azerbaijan, Austria foster exchange in music education [PHOTOS]
22 February 21:15 -
Nasa targets early March to send humans back around Moon
22 February 20:34 -
US economy grows 1.4 percent in Q4 2025, below forecasts
22 February 20:09 -
Merz re-elected as Germany's CDU chairman with 91 pct of votes
22 February 19:27 -
Azerbaijan Defense Ministry releases weekly summary video [VIDEO]
22 February 19:00 -
Referees announced for UEFA Champions League Play-Off between Qarabag and Newcastle
22 February 18:23 -
Turkic States forge new path for winter tourism and ski resorts [PHOTOS]
22 February 18:00 -
Nearly 200 athletes join Indoor Athletics Championship [PHOTOS]
22 February 17:30 -
State Pedagogical University holds meeting with student leaders [PHOTOS]
22 February 17:10 -
Azerbaijani Defense Minister visits Air Force Units [PHOTOS/VIDEO]
22 February 16:39 -
Internet speed in Azerbaijan to be measured more accurately
22 February 16:15 -
Azerbaijan showcases modern stamps at Dubai 2026 World Stamp Exhibition [PHOTOS]
22 February 15:36 -
Head of State Service for Mobilization and Conscription listens to citizens' appeals [PHOTOS]
22 February 15:11 -
President Ilham Aliyev sends congratulatory letter to King of Saudi Arabia
22 February 14:25 -
Azerbaijan conducts nationwide awareness campaign on emergency safety [PHOTOS]
22 February 14:07 -
UNESCO celebrates International Mother Language Day [PHOTOS]
22 February 13:40 -
Azerbaijan, Georgia tackle regional telecom security and fraud prevention
22 February 13:15 -
U.S. to send hospital ship to Greenland to provide medical aid
22 February 12:28 -
Weekly review: Crude oil prices see mixed trends
22 February 12:11 -
Azerbaijan Premier League: Two matches to be held today
22 February 11:26 -
Earthquake hits Shamakhi district
22 February 11:10 -
Turkish Parliament to host event on 34th anniversary of Khojaly Genocide
22 February 10:29 -
Azerbaijan, Pakistan Foreign Ministers discuss regional and international security
22 February 10:00 -
Pentagon tests kamikaze drone prototypes at Fort Benning in Georgia
22 February 09:00 -
Azerbaijan aligns with China’s Belt and Road strategy through Middle Corridor
22 February 08:30 -
Trump urges Republican unity after Supreme Court tariff ruling
22 February 08:00 -
Trump weighs military strike on Iran as Pentagon presents options
22 February 00:12 -
Hungary also considers cutting emergency electricity aid to Ukraine amid oil supply dispute
21 February 23:25 -
Russian Federal Security Service warns Telegram use poses risk to Russian troops
21 February 22:26 -
Slovakia threatens to halt emergency electricity aid to Ukraine over oil transit dispute
21 February 21:23 -
Polish skater Kamila Sellier surgery after blade injury at Winter Olympics 2026 [PHOTO]
21 February 20:50 -
Ukraine proposes Odessa-Brody pipeline as alternative to Druzhba
21 February 20:21 -
UK weighs legislation to remove Andrew from royal succession
21 February 19:52 -
South Korea responds after U.S. Supreme Court overturns Trump tariffs
21 February 19:20 -
White oil production down over 22% in Azerbaijan
21 February 18:47 -
Eight Hezbollah members killed in Israeli airstrikes in Eastern Lebanon
21 February 18:24 -
TURKPA and OSCE PA discuss expanded cooperation at 25th Winter Session in Vienna [PHOTOS]
21 February 17:55 -
Baku strengthens air defence forces with new readiness checks
21 February 17:22 -
Georgia sets symbolic transit fee for Azerbaijani oil shipments to Armenia
21 February 16:50 -
Trump imposes new 10% global tariff after Supreme Court blocks previous measures
21 February 16:20 -
Hydropower declines but waste-to-energy gains in Azerbaijan’s January output
21 February 15:50 -
Domestic capital leads diversification as foreign funds focus on energy
21 February 15:25 -
Azerbaijan reports decline in diesel and crude oil production in January 2026
21 February 14:50 -
Wind and solar power drive renewable energy growth in Azerbaijan
21 February 14:23 -
Azerbaijan approves action plan to ensure efficient use of water resources in Nakhchivan for 2026-2030 -decree
21 February 14:00 -
UK to develop low-cost missiles and autonomous drones with EU military powers
21 February 13:50 -
New Sumqayıt–Lachin bus route launches to serve citizens returning to liberated areas
21 February 13:22 -
Trump could consider assassination strikes on Iran’s Supreme Leader and his son
21 February 12:46 -
Azerbaijan’s consumer spending rises 4.6% in January 2026
21 February 12:20 -
Hungary’s MOL Group increases oil production from Azerbaijan’s ACG block in Q4 2025
21 February 11:49 -
Turkiye conducts large-scale anti-narcotics operation across five provinces
21 February 11:20 -
Azerbaijan participates in 14th meeting of OTS Ministers of Economy and Trade
21 February 10:45 -
Azerbaijan reduces motor gasoline production in January
21 February 10:00 -
Zelensky rejects withdrawal from Donetsk as Russia demands full Donbas control
21 February 09:31 -
Europe seeks energy independence as Azerbaijan advances Black Sea green power corridor [COMMENTARY]
21 February 08:30 -
NASA reports Starliner mission failure
21 February 08:00 -
Poland bans Chinese cars from military facilities
20 February 23:33 -
China, Iran, Russia to hold Middle East drills
20 February 22:24 -
Sri Lanka proposes house arrest to reduce prison crowding
20 February 21:55 -
German producer prices fall in January
20 February 21:23 -
Crypto exchange suffers loss due to AI
20 February 20:40 -
Amazon overtook Walmart as top sales company
20 February 20:21 -
Chinese PLA releases satellite images showing US military buildup near Iran
20 February 19:25 -
Gran Tierra to begin Azerbaijan onshore exploration under new SOCAR agreement
20 February 19:00 -
SOCAR launches first fully electric vehicle charging station in South Caucasus
20 February 18:36 -
Philharmonic hosts spectacular concert dedicated to Turkic music [PHOTOS]
20 February 18:12 -
Int'l Mugham Center pays tribute to People's Artist Ramiz Guliyev [PHOTOS]
20 February 17:53 -
CBA to maintain prudent monetary policy, sees GDP growth picking up
20 February 17:30 -
Azerbaijan reorganizing Media Development Agency and Social Research Center - decree
20 February 17:15 -
OSCE PA meeting calls for support for repeal of Amendment 907
20 February 17:11 -
Azerbaijan ratifies Convention on Fundamentals of Promoting Occupational Safety and Health
20 February 17:08 -
President Ilham Aliyev sends congratulatory letter to President of Slovenia
20 February 16:53 -
Azerbaijan aligns with Washington as new peace architecture emerges
20 February 16:52 -
Azerbaijan–Turkiye trade turnover declines in January 2026
20 February 16:31 -
Short air confrontation reported between US and Chinese jets over Yellow Sea
20 February 16:12 -
Baby monkey Punch becomes internet sensation
20 February 16:06 -
Chinese Seedance 2.0 shakes Hollywood with AI video breakthrough
20 February 15:42 -
Azerbaijan tourism growth led by Russia, Turkiye, Saudi Arabia [PHOTO]
20 February 15:24 -
Azerbaijan Science Foundation announces research grant competition
20 February 15:06 -
IMF forecasts decline and stabilization of Azerbaijan’s oil, gas prices
20 February 14:46 -
Japan seeks peace treaty with Russia despite ongoing territorial dispute
20 February 14:23 -
Azerbaijan-Romania trade volume down to $101 million in past month
20 February 14:02 -
AFFA sets date for next reporting conference
20 February 13:39 -
Azerbaijan plans AI implementation to predict court outcomes and simplify procedures
20 February 13:21 -
Culture Minister congratulates People's Poet Nariman Hasanzadeh [PHOTOS]
20 February 13:04 -
Iran warns UN it will target hostile bases if attacked [PHOTOS]
20 February 12:45 -
Footage of President Ilham Aliyev's participation in 1st meeting of Board of Peace posted on his social media accounts [VIDEO]
20 February 12:39 -
National Library marks anniversary of acclaimed poet [PHOTOS]
20 February 12:28 -
Footage of President Ilham Aliyev's participation in 1st meeting of Board of Peace posted on his social media accounts [VIDEO]
20 February 12:19 -
IMF: Azerbaijan’s public debt to remain below 20% of GDP
20 February 12:06 -
Lobbying war in Washington heats up over Azerbaijan’s post-conflict position
20 February 11:53 -
Donald Trump directs US government to prepare release of files on aliens
20 February 11:48