Thursday, May 7, 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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Oil price drop to squeeze budgets of EM crude exporters: Analysts

A major drop in crude oil prices in recent weeks, mainly driven by tariffs of U.S. President Donald Trump, will squeeze budgets of emerging market (EM) oil exporters, analysts said...

Türkiye could meet 90% of energy needs domestically by 2053: Report

Türkiye could drastically reduce its emissions and almost double its economic gains by 2053 through more ambitious energy efficiency policies, a new report said on Friday. Under t...

Restart of Iraq-Türkiye oil flows bolsters supply security: Experts

A long-awaited resumption of oil shipments through the Iraq-Türkiye pipeline is expected to strengthen Türkiye’s energy supply and add diversity to global markets, experts opined,...

‘US ready to support viable nuclear energy projects in Türkiye’

U.S. financing agencies are ready to support nuclear energy projects in Türkiye, particularly small modular reactors (SMRs), but are waiting for viable proposals to go ahead, a sen...

Türkiye seeks full use of idled pipeline in new deal talks with Iraq

A proposed new agreement between Türkiye and Iraq must include a mechanism to ensure the full-capacity use of the oil pipeline between the two countries, according to Energy and Na...

Oil shows resilience to output hike of OPEC+, reverses losses

Oil on Monday put aside the impact of a higher-than-expected output hike of OPEC+ for August as well as concern about the potential impact of U.S. tariffs, with prices reversing ea...

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