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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, Somalia sign deal for onshore hydrocarbon exploration

Türkiye's national oil company and Somalia's petroleum authority signed on Thursday an agreement for hydrocarbon exploration and production covering Somalia’s onshore ter...

Azerbaijan to send gas to Syria to help ease energy woes

Azerbaijan will export gas to Syria to help the country address its energy shortages, Baku said Saturday after President Ilham Aliyev hosted Syria’s new leader Ahmad al-Sharaa. Sy...

Aramco profit falls again as slump in oil prices hits revenues

Oil giant Saudi Aramco announced its 10th consecutive drop in quarterly profits on Tuesday as a slump in prices hit revenues, adding more pressure on the key driver of the Saudi ec...

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...

Wind giant Orsted tumbles on plans to raise $9.4B in share sales

Danish offshore wind power group Orsted slumped on Monday as the company announced plans to raise 60 billion kroner ($9.4 billion) by selling new shares, further deepening the firm...

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...

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