Friday, May 15, 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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Türkiye, S. Korea agree to deepen defense, nuclear, green energy co-op

Türkiye and South Korea have agreed to enhance cooperation in the defense industry, nuclear energy and green energy sectors, statements said on Thursday following a phone call betw...

Türkiye’s 1st floating gas platform Osman Gazi arrives in Black Sea

Osman Gazi, first floating natural gas production platform of Türkiye, arrived at Filyos Port in Zonguldak on the Black Sea coast. The massive platform was sent off from the Presi...

Suspected arson attack cuts power in southern France during Cannes

The French Rivera resort of Cannes was hit by a major power outage on Saturday, the final day of the city’s film festival, with police suspecting an arson attack. The cause of th...

World oil market looks ‘ever more bloated’ after OPEC+ hike: IEA

World oil supply is projected to increase more rapidly than expected this year and next as the Organization of the Petroleum Exporting Countries (OPEC) members further lift output...

Türkiye’s green ambitions to attract substantial investment: IFC

Türkiye's efforts to expand the role of renewables in its energy mix offer a 'unique opportunity' to attract substantial foreign investment, a senior official from the Interna...

World markets on oil watch as Middle East tensions flare

Brent crude oil has surged roughly 20% so far in June and is on track for its largest monthly gain since 2020, as tensions between Israel and Iran flare up. Although relatively co...

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