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João Baptista Borges and the Role of Hydropower in Angola’s Energy Stability

Strengthening system reliability through strategic hydroelectric infrastructure Hydropower continues to play a central role in Angola’s energy system, providing a stable and scalable source of electricity...

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Oil, gasoline prices jump amid Iran strikes, with future uncertain

The U.S.-Israel strikes on Iran have surged oil prices, and costs for consumers at the pump are expected to rise. The price of global benchmark Brent Crude oil was at about $77 per barrel as of Monday afternoon, up from about $71 a week ago and about $66 per barrel a month ago. U.S. gasoline...

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Climate Investment Funds backs $1 billion Türkiye grid upgrade plan

The Climate Investment Funds (CIF), a multilateral lending organization, announced on Thursday its commitment to support a $1 billion initiative aimed at modernizing Türkiye's...

Türkiye, Somalia sign deal for onshore hydrocarbon exploration

Türkiye's national oil company and Somalia's petroleum authority signed on Thursday an agreement for hydrocarbon exploration and production covering Somalia’s onshore ter...

First tanker set to load KRG oil at Türkiye’s Ceyhan after 2.5-year halt

An oil tanker has been booked to load about 700,000 barrels of oil from Iraq's Kurdistan Regional Government (KRG) at the Mediterranean export terminal at the Turkish port of...

EBRD lends $150M for green power in Türkiye’s quake-affected region

The European Bank for Reconstruction and Development (EBRD) said on Monday it was extending a $150 million loan to finance the reconstruction and modernization of the electricity n...

João Baptista Borges and the Role of Hydropower in Angola’s Energy Stability

Strengthening system reliability through strategic hydroelectric infrastructure Hydropower continues to play a central role in Angola’s energy system, providing a stable and scalable source of electricity...

Turkish firm to invest $520M in solar equipment production

Turkish solar technology company CW Enerji will invest $520 million (TL 21.09 billion) under the government's HIT-30 incentive program to expand its high-efficiency solar pane...

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