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OBYEKTIV MEDIA


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 4, 20252 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 28, 20251 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 27, 20255 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 26, 20255 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 21, 20251 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 20, 20255 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 20, 20251 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 19, 20253 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 18, 20256 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 8, 20251 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 8, 20251 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 7, 20251 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 5, 20252 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 4, 20251 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 4, 20251 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 31, 20252 min read


The price of heating in Azerbaijan has been increased by approximately half.
Azərbaycanda istilik tarifləri artırılıb. Tarif Şurasının qərarı ilə əhali üçün istilik təchizatı xidmətlərinin yeni qiymətləri təsdiqlənib. Məqalədə 1 Gkal üçün 43,8% qiymət artımı və sayğacsız evlər üçün yeni aylıq ödəniş haqqında ətraflı məlumat verilir. Azərbaycan vətəndaşlarına təsir edən kommunal xidmət xərclərindəki son dəyişikliklərdən xəbərdar olun.
Jul 30, 20251 min read


Azerbaijan Begins Gas Supplies to Ukraine for the First Time
Azerbaijan makes history by supplying natural gas to Ukraine for the first time via the Trans-Balkan route. This strategic move, supported by Naftogaz and SOCAR, marks a new era of energy diversification and strengthens Ukraine's energy security. Learn how this partnership expands Azerbaijan's gas exports to Europe and beyond. Reliable energy solutions for a secure future.
Jul 28, 20251 min read


Azerbaijani Tankers Also Under EU Sanctions
Breaking news: Azerbaijani tankers "Nizami Ganjavi," "Karabakh," and "Shusha" are now under EU sanctions due to their involvement in transporting Russian oil. This 18th sanctions package blocks their access to EU ports and services. Learn more about the implications for these vessels and their operators. Stay informed on the latest developments in EU sanctions.
Jul 26, 20252 min read


Contamination Crisis: Major Oil Companies Report Organic Chlorides in Azerbaijani Oil via Key Pipeline
Major oil companies BP Plc and Eni SpA report contaminated Azerbaijani oil, containing harmful organic chlorides, flowing through the key Baku-Tbilisi-Ceyhan (BTC) pipeline. Discover the impact on refineries, ongoing assessments, and the broader implications for oil exports. Stay informed on this critical development in the global oil industry.
Jul 24, 20252 min read
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