Azerbaijan

Baku Steel Eyes Italian Steelmaker Messaggero in Strategic Acquisition

2 months ago

In a significant move that could reshape the European steel landscape, Baku Steel has emerged as the leading contender to acquire the Italian steelworks known as Messaggero. Sources indicate that the negotiations, which have been ongoing, are progressing towards a promising conclusion that would see Baku Steel bolster its presence in the European market.

Turkey Shifts Focus to LNG Amid Declining Azerbaijani Gas Supplies

3 months ago

In a significant shift in its energy strategy, Turkey is pivoting towards liquefied natural gas (LNG) as the flow of piped gas from Azerbaijan decreases. This development underscores Turkey's ongoing efforts to diversify its energy sources in response to fluctuating supply dynamics and geopolitical pressures in the region.

Tragic Azerbaijan Airline Crash: Recovery Efforts Yield Bodies and Flight Recorders

3 months ago

In a somber turn of events, search and rescue teams have successfully retrieved 38 bodies along with flight recorders from the wreckage of an Azeri aircraft that tragically went down. The accident, which occurred in a remote area, has stunned the nation and raised serious questions about air safety in the region.

Azerbaijan Airlines Passenger Plane Crash: A Tragic Incident in Kazakhstan

3 months ago

On December 25, 2024, the aviation world was shaken by the tragic news of an Azerbaijan Airlines passenger plane crash in Kazakhstan. The aircraft, which was en route from Baku to Almaty, went down shortly after takeoff, resulting in a significant loss of life and leaving many in shock and grief. Immediate responses from local authorities and international agencies highlighted the severity of the situation.

Azerbaijan's SOCAR in Talks to Sell Key Turkish Gas Infrastructure

4 months ago

Azerbaijan's State Oil Company, SOCAR, is currently exploring the potential sale of its business operations concerning a significant gas pipeline network in Turkey. This initiative comes as part of a broader strategy by SOCAR to streamline its operations and focus on more profitable ventures within the energy sector.

Climate Activists Express Concerns Over Freedom and Safety at COP29 in Azerbaijan

5 months ago

As COP29 approaches in Baku, Azerbaijan, climate activists are raising alarms about the oppressive political climate that may hinder their ability to advocate for environmental changes. Scheduled to take place in late November 2024, the conference has drawn attention not only for the urgent climate discussions on the agenda but also for the controversial hosting country, Azerbaijan, a nation known for its authoritarian regime and crackdown on dissent. Activists fear that their expression of opinions regarding climate policies could lead to repercussions in a country that stifles civil liberties.

Azerbaijan, Kazakhstan, and Uzbekistan Unite for Clean Energy Export Development

5 months ago

In a significant move towards sustainable energy, Azerbaijan, Kazakhstan, and Uzbekistan have announced a formal agreement to collaborate on the development of clean energy exports. The initiative aims to harness the potential of renewable energy resources in the region, which have gained increasing importance amidst the global shift towards less carbon-intensive energy sources.

Anticipated Highlights and Key Focus Areas for COP29 in Azerbaijan

5 months ago

As the time draws near for the 29th Conference of the Parties, or COP29, to kick off in Azerbaijan, global leaders and climate advocates are gearing up for what promises to be a pivotal event in the ongoing battle against climate change. Scheduled to take place in late November 2024, this year's conference will spotlight the urgency of addressing climate impacts, alongside strategies for reducing carbon emissions and fostering sustainable development.