President Ilham Aliyev this week used only very thinly veiled language in saying “mediators” – which could only mean the OSCE – were not neutral but rather too often bureaucrats only interested in preserving the “status quo”.

Armenian Prime Minister Nikol Pashinyan will officially resign sometime during the last 10 days of April, a step that is necessary to hold planned June 20 early parliamentary elections.

The price of oil could plunge to as little as $10 a barrel by 2050 if the world succeeds in electrifying the energy market and meeting the Paris Agreement goals, analysis by consultancy Wood Mackenzie shows.

PASHA Bank, a leading corporate bank in Azerbaijan, reported a net profit of 18.79 million manats ($11 million) in the first quarter of 2021, which is 5.4 times more compared to the same period in 2020.

Azerbaijan's Energy Ministry and International Finance Corporation (IFC) signed a memorandum of understanding on cooperation in the use of offshore wind energy resources in order to develop the renewable energy sector in Azerbaijan.