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Friday, September 4, 2026
SOCAR’s €600 million Nis plant takes Azerbaijan’s gas strategy into power

SOCAR’s €600 million Nis plant takes Azerbaijan’s gas strategy into power

The gas-fired power plant that Azerbaijan plans to build in the Serbian city of Nis is a very important project. This 500-megawatt plant will produce 350 megawatts of electricity and 150 megawatts of heat, which is very important for the entire energy system of Serbia.

Crude oil prices post biggest weekly gain since July

Crude oil prices post biggest weekly gain since July

Crude oil prices on global exchanges are heading for their biggest weekly gain since July. Markets are increasingly concerned that renewed military clashes between the United States and Iran could lead to prolonged disruptions to energy flows through the Strait of Hormuz. Oil prices are set for a weekly rise as tensions between the two countries escalate. Brent crude has gained around...

Azerbaijan collects 12.6 billion manats in taxes in January-August 2026

Azerbaijan collects 12.6 billion manats in taxes in January-August 2026

Azerbaijan’s State Tax Service under the Ministry of Economy collected 12.6191 billion manats ($7.42 billion) in taxes for the state budget in January-August 2026, exceeding the forecast by 900.1 million manats ($529.5 million). According to the State Tax Service, tax revenues increased by...

Armenia’s first export to Azerbaijan opens bigger question of peace profits [ANALYSIS]

Armenia’s first export to Azerbaijan opens bigger question of peace profits [ANALYSIS]

After nearly three decades of conflict, Azerbaijan and Armenia are witnessing developments that would have been difficult to imagine only a few years ago. For some time now, weapons have effectively fallen silent between the two countries, while contacts between NGOs and limited exchanges involving officials have gradually increased.

Two suspects extradited from Russia to Azerbaijan

Two suspects extradited from Russia to Azerbaijan

The Prosecutor General’s Office of Azerbaijan said that the extradition requests for Azerbaijani citizens Nahid Alijanli and Renad Orujov were approved by the Prosecutor General’s Office of Russia in accordance with the Convention on Legal Assistance and Legal Relations in Civil, Family and Criminal Matters, signed on October 7, 2002.

National Paralympic Committee to hold Para Athletics Open Day

National Paralympic Committee to hold Para Athletics Open Day

The Azerbaijan National Paralympic Committee will hold an Open Day to discover new talent in para athletics, encourage people with disabilities to take part in sports, and identify promising athletes for the national team's reserve pool.

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