Azerbaijan is advancing its green energy agenda, with bold targets and regional projects discussed at the IEA’s global energy efficiency conference.
At the 10th Annual Global Conference on Energy Efficiency held in Brussels by the International Energy Agency (IEA), Azerbaijan’s Energy Minister Parviz Shahbazov underscored his country’s commitment to sustainability. Highlighting energy efficiency and renewables as strategic pillars for Azerbaijan’s socio-economic growth, Shahbazov pointed to the “green energy zone” initiative in Karabakh and East Zangezur. He outlined a plan to build 90 renewable energy stations by 2030, aimed at saving 1 billion cubic meters of gas and cutting 2 million tons of greenhouse gas emissions annually.
The minister also shared Azerbaijan’s ambition to become a major green energy hub for Europe by developing interconnectors linking the Caspian region to Europe via Türkiye. The conference concluded with a Joint Statement emphasizing energy efficiency’s role in global energy transition.
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The economic consequences of war rarely remain confined to the battlefield. They ripple through markets, supply chains and investor confidence. For Türkiye, at the crossroads of Europe, the Middle East and Eurasia, the economic shockwaves from the latest Middle East crisis are already being felt.
Global oil prices reached a four year high on Monday (9 March), surpassing $119 a barrel, as conflict in the Middle East rumbled on. Meanwhile, the Turkish Military said NATO air defence systems destroyed a missile fired from Iran towards the country.
British energy major Shell has signed a new exploration contract with Kazakhstan’s Ministry of Energy for the Zhanaturmys block in the Aktobe Region, expanding the company’s upstream presence in one of the country’s most promising hydrocarbon basins.
Britain imposed its largest package of sanctions on Russia in years on Tuesday (24 February), marking the fourth anniversary of Moscow’s invasion of Ukraine, as London also announced fresh military and humanitarian support for Kyiv.
Tensions in the region remained high on Tuesday (10 March), as the United States and Iran exchanged increasingly sharp warnings, including threats over the strategic Strait of Hormuz, a critical artery for global oil supplies.
Iran's new Supreme Leader, Mojtaba Khamenei, was 'lightly injured,' an unnamed Iranian official said on Wednesday, as Tehran and Israel continued to exchange missile and drone strikes - all the latest updates throughout the day on AnewZ.
U.S. President Donald Trump called his recent phone conversation with Russian President Vladimir Putin “very good.” The two leaders spoke on Monday about the situation in Iran and other international issues.
Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 10th of March, covering the latest developments you need to know.
A towering lava fountain from Kilauea shot about 400 metres into the air late on Tuesday (11 March) on Hawaii Island, prompting temporary closures at Hawaii Volcanoes National Park and part of a key highway as volcanic ash and debris fell over nearby areas.
Organisers of the 13th Global Baku Forum outlined the agenda and key themes of the upcoming international gathering during a press conference in Baku ahead of the event, scheduled to take place from 12 to 14 March.
President of the European Council, Antonio Costa, visited Azerbaijan on Wednesday. A meeting between Costa and President Ilham Aliyev was held to reaffirm the European Union’s support amid regional security concerns, particularly following recent Iranian attacks on Nakhchivan Airport.
A wave of attacks across Israel and southern Lebanon escalated on Wednesday (11 March), with authorities reporting up to 12 incoming missile and drone alerts over Tel Aviv and Jerusalem.
Iran’s newly appointed supreme leader, Mojtaba Khamenei, is reportedly in good health and staying in a “safe place”, despite earlier reports that he had been injured during recent U.S.-Israel airstrikes, according to the country's president.
Kyrgyz President Sadyr Japarov has pledged to intensify the country's fight against corruption, declaring that graft is "worse than murder" and warning that even his closest relatives would face punishment if found guilty.
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