2025-11-15 10:17 |
The Trans Adriatic Pipeline (TAP) has transported over 50 billion cubic meters of Azerbaijani natural gas since its launch.
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Azerbaijan’s financial sector demonstrated macroeconomic stability and continued progress in digital transformation during the first quarter of the year. trend.az »
2026-04-04 02:11
The most popular smartphone brands in Azerbaijan have been identified, with Apple securing the top position in the market, according to data from the Global Stats. trend.az »
2026-04-02 02:54
The new visa exemptions for Azerbaijani citizens traveling to select countries in 2025 are expected to facilitate increased diplomatic and economic exchanges, enhancing international cooperation. trend.az »
2026-03-13 20:27
Electricity supply projects has been launched in liberated villages of Azerbaijan. trend.az »
2026-02-11 03:07
Azerbaijani consumers spent heavily on gasoline and diesel last year, driving significant growth in the retail fuel market. trend.az »
2026-01-19 16:30
The production of electricity at thermal power plants in Azerbaijan has seen a notable rise, whereas the output from hydropower plants has experienced a decrease. trend.az »
2026-01-14 18:07
The Baku Stock Exchange (BSE) has published the turnover rankings of investment companies for 2025. According to the data, PASHA Kapital Investment Company is at the top of the heap, closely followed by ABB Invest and CPM-Invest, highlighting the competitive dynamics within Azerbaijan's investment industry. trend.az »
2026-01-09 01:19
Crude oil production in Azerbaijan reached around 25 million tons in the first eleven months of the year, down roughly 1 million tons, or 5%, compared to the same period last year. trend.az »
2025-12-12 20:15
In the first 11 months of 2025, Azerbaijan's retail trade network saw sales of 2.4 billion manat ($1.4 billion) in beverages and tobacco products. This represents a 2.5% year-on-year increase. The commodities accounted for 4.1% of total trade turnover. trend.az »
2025-12-11 18:37
Consumer prices rose across most categories in November, with food, drinks and tobacco showing the strongest increases according to fresh data from the State Statistical Committee. trend.az »
2025-12-10 21:09
Azerbaijan spent 7 million manat ($4 million) on real estate–related fixed capital investments in the first ten months of 2025, Trend reports citing the State Statistics Committee. This marked a 2.5-fold increase from the same period in 2024, when 2.8 million manat ($1.65 million) was spent. trend.az »
2025-11-21 20:20
ADSEA has announced a tender for construction and equipment of open-air sites in 16 districts under the "Healthy Quarter" project. The participation fee is 600 manat ($353), with proposals due by 16:00 (GMT+4) on December 5, 2025. trend.az »
2025-11-17 04:21
As of early November, Azerbaijan’s economically active population reached roughly 5.4 million, with around 5.1 million employed. trend.az »
2025-11-15 16:07
Azerbaijan’s State Social Protection Fund (SSPF) is set to have expenditures of around 8.5 billion manat for 2026, financed mainly through projected revenues and existing reserves. trend.az »
2025-11-06 19:59
As of early October, Azerbaijan’s total real sector loans reached over 31 billion manat, with households receiving the largest share at nearly 18.5 billion manat. trend.az »
2025-11-02 02:28
As of the end of September, Azerbaijan saw a decline in the number of transactions with local cards, with a slight change in their total volume. trend.az »
2025-10-31 03:26
As of September 2025, transactions with American Express cards issued by resident financial organizations in Azerbaijan totaled 6,600 transactions worth 1.1 million manat. trend.az »
2025-10-30 18:06
Nearly 145 million manats were transferred to Azerbaijan’s state budget from the privatization and leasing of state property in the first nine months of 2025. trend.az »
2025-10-21 22:25
Azerbaijan’s car production fell to about 2,550 units in the first nine months of the year, down nearly 1,100 units from last year, while overall machinery and equipment output grew to around 450 million manat. trend.az »
2025-10-16 22:21
The Mortgage and Credit Guarantee Fund (MCGF) has issued government-backed loans totaling around 3.7 billion manat to more than 55,000 borrowers. trend.az »
2025-10-11 18:55
As of early September, total loan placements by Azerbaijani credit institutions reached about 30.5 billion manat, with overdue loans amounting to roughly 530 million manat. trend.az »
2025-10-08 21:31
Azerbaijan’s insurance sector raked in approximately 938 million manat in premiums during the first seven months of the year, marking an increase of about 105 million manat compared to last year. trend.az »
2025-08-29 22:12
Azerbaijan's agricultural sector demonstrated steady growth in the first half of 2025, with increases in meat, milk, egg, wool, and cocoon production, reflecting overall resilience and gradual expansion in livestock and dairy output. trend.az »
2025-07-16 21:14
The forecasted steady increase in Europe's oil and liquid hydrocarbon production reflects both a stable supply outlook and the region's ongoing reliance on energy sources to meet growing demand through 2027.
Global oil production is set to fall 1.3 million barrels per day in 2026 but is projected to rebound in 2027, the EIA reports.
Oil production in OECD countries is expected to rise in the coming years, with quarterly variations throughout 2026. Non-OECD nations will also see an increase in output. Both regions are projected to maintain higher production levels into 2027.
The U.S. Energy Information Administration (EIA) has released its forecast for oil and other liquid hydrocarbon production in the Middle East.
The report highlights a sharp shift in global oil market dynamics tied to the ongoing Iran conflict. Before the escalation, the EIA said it viewed the market as oversupplied, with inventories rising quickly and prices trending downward.
Brent crude oil prices peaked in March and are expected to rise further in mid-2026 before gradually declining. The outlook is shaped by ongoing production disruptions and the uncertainty surrounding the Middle East conflict. Prices are projected to decrease over the following years.
A new substation will be built in Azerbaijan's Absheron district, as reported by Trend. Azerishig OJSC has already started preparations for the project. The upcoming work will involve constructing a 35/6 kV substation to replace the existing distribution unit in Novkhani settlement.