Tuesday, May 5, 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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Aramco reports 24.7% drop in 2023 profit but still hikes dividends

Saudi oil giant Aramco on Sunday reported it made $121.3 billion in profit in 2023, down from its 2022 record due to lower energy prices, but said it still boosted its dividends la...

Gaps left by German holdup in Akkuyu nuclear plant being closed: Rosatom

The gap left by the holdup of critical equipment by Germany's Siemens earmarked for Türkiye's first nuclear power plant is being closed, Russian conglomerate Rosatom, the...

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...

Polish-Turkish Economic Forum tackles energy transition, green tech

The fourth edition of the Polish-Turkish Economic Forum took place in Istanbul on Wednesday, gathering officials and business representatives from both countries to tackle the topi...

Saudi Arabia to sell new stake in Aramco worth over $10 billion

Saudi Arabia's government plans to sell a new stake in state oil giant Aramco worth more than $10 billion, the company announced on Thursday, in one of the biggest such offeri...

Karpowership, MOL to develop world’s first floating data center platform

Kinetics, the energy transition initiative of Türkiye's floating power provider Karpowership, signed a memorandum of understanding (MoU) with Japanese Mitsui O.S.K. Lines Ltd....

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