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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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OPEC+ agrees to boost output in June despite falling oil prices

Top oil producers, members of OPEC+, which includes the Organization of the Petroleum Exporting Countries (OPEC) and allies such as Russia, have agreed to accelerate oil production...

Türkiye signs 20-year deal with Mercuria for US LNG

Türkiye's state energy company BOTAŞ has signed a 20-year deal with trading company Mercuria to buy U.S. liquefied natural gas (LNG), a senior official said Wednesday, as Anka...

Hungary to acquire stake in major gas field in Azerbaijan

Hungary will acquire a stake in Azerbaijan's Shah Deniz gas field, one of the largest in the world, the country's top diplomat told a briefing on Wednesday in Baku. Hung...

‘Just unrealistic’: EU’s $250B US energy pledge faces major doubts

The European Union's commitment to purchase $250 billion worth of U.S. energy annually is seen as unrealistic, according to analysts, as it would require diverting most U.S. e...

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...

India to keep Russian oil imports despite Trump threats: Sources

India will continue to purchase oil from Russia, despite U.S. President Donald Trump's threats of penalties, two Indian government sources said on Saturday, requesting anonymi...

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