2026-3-5 04:10 |
Azerbaijani banks have hit the jackpot with a surge in funds thanks to speedy money transfers as of February 1, 2026. The number of transactions took a bit of a dip compared to last year. However, the average transaction amount shot up considerably.
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Azerbaijan's natural gas exports to Georgia experienced a decline in 2025 compared to the previous year. The revenue generated from these exports saw a significant decrease, along with a reduction in the volume of gas sent. trend.az »
2026-01-19 20:02
From January through October 2025, Azerbaijan exported 133,100 tons of crude oil and petroleum products to T trend.az »
2025-11-30 16:27
In the first half of 2025, Azerbaijan collected 21.8 million manat ($12.9 million) in revenue from leasing public property. This marks a 22.3% increase compared to the same period last year. A total of 2,212 new lease agreements were signed for non-residential premises and land plots. trend.az »
2025-07-29 19:57
Turkmengas State Concern has invited manufacturers to participate in a tender for the supply of general plant equipment as well as electrical, instrumentation, and automation systems. Interested companies can submit applications before the specified deadline.
Russian oil giant PJSC LUKOIL reported a sharp reversal into a deep net loss for the full year 2025, even as its operating profit remained positive.
PJSC LUKOIL experienced a significant drop in its shareholders’ equity in 2025, primarily because of a sharp decrease in other reserves.
Azerbaijan's mining sector shows significant growth in copper concentrate production, contributing to an overall increase in the value of mining industry output for the year.
In 2025, PJSC LUKOIL improved its financial situation by reducing its overall liabilities by around 25%.
In 2025, remittances flowing from Canada to Azerbaijan experienced growth, constituting a minor segment of the overall foreign remittance landscape. Conversely, the prior year experienced a downturn in these remittances.
Russian LUKOIL saw a significant contraction in its balance sheet in 2025, with total assets decreasing by more than 41% year-on-year.