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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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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...

EBRD lends $150M for green power in Türkiye’s quake-affected region

The European Bank for Reconstruction and Development (EBRD) said on Monday it was extending a $150 million loan to finance the reconstruction and modernization of the electricity n...

Investments in battery sector in Türkiye exceed $1B in 2024

Türkiye has introduced incentives and regulations to achieve a storage target of 80 gigawatt-hours (GWh) by 2030, while the energy sector's agreements to establish cell and ba...

Türkiye’s 1st floating gas platform Osman Gazi heads to Black Sea

Türkiye's first floating natural gas production platform, named Osman Gazi, passed through the Bosporus on Thursday on its way to the Port of Filyos on the Black Sea coast, wh...

Oil prices drop to lowest since 2021 as latest tariffs come into effect

Oil prices dropped for a fifth day on Wednesday, hitting their lowest level since February 2021, after U.S. President Donald Trump's 'reciprocal' tariffs took effect, includin...

Qatar pledges to stop EU gas sales if fined under diligence law

Qatar will halt shipments of gas to the EU if member states strictly enforce a new law cracking down on forced labor and environmental damage, the country's energy minister, S...

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