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OBYEKTIV MEDIA


U.S. Trade Mission Arrives in Baku
A U.S. trade mission arrived in Baku to discuss the Middle Corridor, energy security, and the development of Azerbaijan-U.S. relations. Learn about key negotiations, strengthening trade ties, and projects including natural gas and renewable energy exports to Europe.
4 days ago1 min read


SOCAR is not alarmed by EU sanctions against the STAR refinery
SOCAR's STAR refinery is not impacted by new EU sanctions on Russian oil. Learn why its focus on the Turkish market and Lukoil contracts protect it.
7 days ago2 min read


SOCAR Sets Sights on an Italian Refinery
SOCAR targets a $3B Italian refinery, but the deal hinges on government conditions. The State Oil Company of Azerbaijan must guarantee long-term oil supplies and job security. Learn about the tender and key competitors.
Sep 51 min read


Economic Pressures Mount in Azerbaijan as Beef Prices Soar and Problem Loans Increase
Economic pressures in Azerbaijan are mounting due to soaring beef prices, rising non-performing loans, and a shrinking workforce. This article analyzes the internal situation, including banking sector strain and declining living standards, alongside an overview of foreign policy with Russia and Armenia. It also covers human rights issues and the cases of prominent activists and opposition figures like Hacı Vəliyev, Elvin Mustafayev, and Əli Kərimli.
Sep 43 min read


The European Union (EU) has imposed sanctions on the Azerbaijani oil refinery STAR, located in Turkey
The EU has sanctioned the Azerbaijani STAR refinery in Turkey for processing Russian oil, a move aimed at cutting Russia's war funding.
Sep 42 min read


Development of economic cooperation between Azerbaijan and Argentina discussed
First Deputy Minister of Economy Elnur Aliyev met with Ambassador Extraordinary and Plenipotentiary of Argentina to Azerbaijan...
Aug 281 min read


Azerbaijan Faces Diverse Challenges: From Agricultural Woes to Demographic Shifts and Geopolitical Tensions
Discover the key challenges facing Azerbaijan. From agricultural struggles and demographic shifts to economic fluctuations and geopolitical tensions. An in-depth analysis of the social, economic, and political events shaping the country.
Aug 275 min read


Azerbaijan Grapples with Trade Centre Fires and Economic Shifts Amidst Geopolitical Tensions
Explore Azerbaijan's trade center fires, economic trends, and geopolitical shifts. A detailed analysis of safety, insurance, and changes in demographics and foreign trade.
Aug 265 min read


SOCAR to Invest $7 Billion in Turkey
SOCAR to invest $7 billion in Turkey's petrochemical projects, doubling its presence. This strategic move aims to reduce Turkey's trade deficit and boost macroeconomic stability, with new polyolefin production facilities.
Aug 211 min read


Mixed Fortunes: Azerbaijan's Economy, Social Challenges, and Evolving Geopolitical Stance
Azerbaijan's economy, social challenges, and geopolitical stance are at a critical juncture. This article analyzes current economic trends (falling oil prices, GDP slowdown), social issues (poverty, declining birth rates, drug use), and foreign relations. Get insights into the latest developments in Azerbaijan's economy, society, and diplomacy.
Aug 205 min read


Foundation of basalt products manufacturing plant laid in Ganja
On August 20, President of the Republic of Azerbaijan Ilham Aliyev attended the foundation laying ceremony of the basalt products...
Aug 201 min read


Azerbaijan's Energy Interests Face Challenges Amidst Regional Conflicts and Infrastructure Issues
Azerbaijan's energy interests face challenges: attacks on SOCAR facilities in Ukraine and pipeline issues. Learn how geopolitical conflicts and infrastructure problems impact oil and gas exports. An analysis of the situation, including the contamination of the Baku-Tbilisi-Ceyhan pipeline and incidents on other routes.
Aug 193 min read


Azerbaijan in Mid-2025: A Landscape of Economic Shifts, Social Challenges, and Evolving Geopolitics
Azerbaijan 2025: economic shifts, social challenges, and geopolitics. Learn about GDP growth, inflation, housing and food prices, and key developments in politics and human rights.
Aug 186 min read


Georgia's International Currency Reserves Reach $5 Billion
International reserves as of July 31, 2025, according to preliminary data, amounted to $5 billion, according to the website of the...
Aug 81 min read


SOCAR and ExxonMobil Sign Cooperation Memorandum in the Presence of Aliyev and Whitcoff
SOCAR and ExxonMobil sign a cooperation memorandum with Azerbaijani and U.S. officials present. Discover the details of this strategic agreement, which outlines plans for developing the ACG fields and exploring for shale oil. Signed in Washington, this document highlights the strong energy partnership between Azerbaijan and the United States.
Aug 81 min read


AZAL Resumes Flights to Two Cities
AZAL resumes flights to two cities! Starting September 3, 2025, fly Baku-Tabriz twice a week. From September 1, 2025, flights to Tehran are back with four weekly flights. Book your tickets now!
Aug 71 min read


Romania Declares Crisis as Contaminated Azerbaijani Oil Disrupts Supply
Romania declares a crisis-level state of emergency after a crude oil shipment from Azerbaijan was found to be contaminated with organic chlorides. The incident forced OMV Petrom to reject the oil, disrupting the national supply. This article explores the details of the contamination and its wider impact on other European energy firms, including BP and OMV, and the ongoing investigation into the source of the problem.
Aug 52 min read


The monetary base in Azerbaijan has decreased
As of August 1 this year, the monetary base in Azerbaijan amounted to 21 billion 243 million manats (a decrease of 228.3 million manats...
Aug 41 min read


The Central Bank's foreign exchange reserves increased
As of August 1 this year, the foreign exchange reserves of the Central Bank of Azerbaijan (CBA) amounted to $11 billion 191.2 million (an...
Aug 41 min read


Georgia's Central Bank Holds Refinancing Rate at 8% Amid Global Economic Uncertainties
Georgia's Central Bank maintains its 8% refinancing rate amidst global economic uncertainty. Learn how the NBG balances inflation targets with geopolitical tensions, rising oil prices, and U.S. tariff policy. Get insights into Georgia's monetary policy and future economic outlook.
Jul 312 min read
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