Thursday, June 4, 2026

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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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Efforts gain pace to get Turkmen gas to Türkiye, onward to Europe

As efforts to deliver Turkmenistan's gas to Türkiye via Azerbaijan and onward to Europe are gaining momentum, the initial phase envisages a flow of 2 billion cubic meters (bcm...

Türkiye mulls $250M plan by China’s DEC to build wind turbine plant

Türkiye has discussed a plan by China's Dongfang Electric Corporation (DEC) to build a wind turbine facility for some $250 million, a top energy official said on Tuesday. The...

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...

Syria signs $7B power deal with consortium including Turkish firms

Syria on Thursday signed a memorandum of understanding with a consortium of Qatari, Turkish and U.S. companies to develop major power generation projects with a foreign investment...

Oil below $65 comes as boon for consumers, but burden on producers

U.S. President Donald Trump's tariffs, his famous call to 'drill baby drill,' but particularly a decision by a group of the world's top producers to hike crude output quo...

Saudi Aramco reports 4.6% drop in Q1 net profits

Net profits of oil giant Saudi Aramco declined 4.6% in the first quarter, the company said on Sunday, citing lower sales and higher operating costs. Profits fell due to 'lower rev...

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