AzerNews - News from Azerbaijan, Business, Energy, Analysis

Caspian Sea decline prompts five countries to seek joint solutions

The Caspian Sea’s falling water levels are turning out to be more than an environmental warning. They are a test of whether regional cooperation can deliver results before the damage becomes harder to reverse.

Nation

Youth Artificial Intelligence Forum held at Nakhchivan State University

A Youth Artificial Intelligence Forum has been held at Nakhchivan State University, organised by the Youth Development and Career Centre with the support of the Youth Foundation and in partnership with the Young Volunteers Public Union.

Oil & Gas

SOCAR-backed Caspian Drilling Company reports 7.4% decline in annual net profit

Caspian Drilling Company Limited (CDC), in which Azerbaijan's State Oil Company (SOCAR) holds a controlling stake, recorded a net profit of $62.13 million in 2025, down 7.4% from $67.12 million a year earlier, despite improvements in revenue and operating profitability.

Business

Digital marketplaces transform buying and selling in Azerbaijan

Digital technology is changing how people buy and sell products, creating new opportunities for consumers and businesses across Azerbaijan. Online marketplaces are no longer limited to displaying products and waiting for potential customers. New solutions are making it possible for buyers to communicate their needs directly and receive relevant offers from sellers.

Armenian-Azerbaijani Relations

Pashinyan credits Alma-Ata Declaration with advancing peace between Armenia and Azerbaijan

Armenian Prime Minister Nikol Pashinyan has emphasized the role of the 1991 Alma-Ata Declaration in advancing the peace process between Armenia and Azerbaijan, describing the document as an important foundation for the delimitation of the two countries' state border.

World

Trump says he achieved in two days what Putin could not do in 10 years

“Actually, Putin could not believe it. He told me that he had tried to resolve this conflict for 10 years but had been unable to do so. I did it in two days,” Trump added.