Azernews.Az

Thursday May 1 2025
Industrial steel over crude oil: New model for US-Azerbaijan relations

Industrial steel over crude oil: New model for US-Azerbaijan relations

In a time when energy diplomacy often conjures images of oil tankers and pipelines, Azerbaijan is offering a new chapter—one written not in crude oil but in steel and silicon. The South Caucasus nation, historically seen through the prism of its oil reserves, is quietly engineering a shift that could redefine its economic identity and strengthen transatlantic ties: a surge in non-oil exports, particularly to the United States.

UK remains top foreign investor in Azerbaijan, as bilateral economic ties deepen

UK remains top foreign investor in Azerbaijan, as bilateral economic ties deepen

The United Kingdom continues to be Azerbaijan’s largest foreign investor, with total investments exceeding $37 billion, according to Azerbaijani Energy Minister Parviz Shahbazov during the 7th meeting of the Joint Intergovernmental Commission on Economic Cooperation held in London, Azernews reports.

Azeri Oil prices slide below budget estimates

Azeri Oil prices slide below budget estimates

The price of Azerbaijan's flagship crude oil, Azeri Light, declined noticeably on global markets, falling below the country's projected average for 2025, Azernews reports.

Nakhchivan–Urumqi brotherhood: New phase in Azerbaijan–China cooperation

Nakhchivan–Urumqi brotherhood: New phase in Azerbaijan–China cooperation

Within the framework of the official visit of the President of the Republic of Azerbaijan, Mr. Ilham Aliyev, to China, the signing of a memorandum of understanding on the brother-city relationship between the city of Nakhchivan and Urumqi, the capital of the Xinjiang Uygur Autonomous Region, holds significant political, economic, and cultural importance. This notable event can be regarded as an important step in deepening the existing strategic cooperation between China and Azerbaijan at the local level.

Yerevan’s silent provocation on border risks shattering fragile peace

Yerevan’s silent provocation on border risks shattering fragile peace

The Armenia-Azerbaijan peace negotiations remain an open and unresolved question, yet beneath the surface, serious new security threats are quietly intensifying. Since early March, the fragile ceasefire has been violated repeatedly — and tellingly, the violations have been recorded unilaterally.

Video shown in Baku court confirms Arkady Ghukasyan’s presence in Shusha after occupation

Video shown in Baku court confirms Arkady Ghukasyan’s presence in Shusha after occupation

During today's session at the Baku Military Court, video footage confirming the presence of Arkady Ghukasyan, the former so-called leader of the separatist regime in Garabagh, in Shusha immediately after its occupation was presented as key evidence, Azernews reports.

Latest See more