Friday, April 3, 2026

Business - Page 10

Türkiye to begin first southeastern shale oil drilling within weeks

Türkiye could start drilling its first test well in southeastern Diyarbakır province within a few weeks to explore shale oil potential, with plans to drill 24 wells over the next t...

World Bank approves $748M for Türkiye to upgrade its electricity grid

The World Bank has approved $748 million in concessional financing for Türkiye to modernize and expand its electricity transmission infrastructure and enable the integration of ren...

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...

Trump pressures China, India to halt Russian oil imports

U.S. President Donald Trump is increasing the pressure on China and India to stop purchasing oil from Russia, claiming it is helping fund the Kremlin’s war against Ukraine. Trump...

Trump vows ‘substantial’ tariff hike on India over Russian oil

U.S. President Donald Trump on Tuesday said he would increase the tariff charged on imports from India 'very substantially' over the next 24 hours, given the country's continu...

India slams US, EU criticism over Russian oil imports as ‘unjustified’

India’s Foreign Ministry on Monday rejected criticism from the United States and European Union over its Russian oil imports, calling the moves “unjustified” and vowing to safeguar...

Türkiye starts supplying gas to Syria via Kilis-Aleppo pipeline

Türkiye on Saturday began supplying natural gas from Azerbaijan to Syria, via a pipeline that runs through the southern Turkish border province of Kilis, helping meet the war-scarr...

Türkiye to begin providing natural gas to Syria from Saturday

Türkiye will start providing Syria with natural gas as of Saturday to help the war-torn country generate electricity, Energy and Natural Resources Minister Alparslan Bayraktar anno...

OPEC+ agrees to hike output by 547,000 bpd for September

Eight OPEC+ countries agreed on Sunday to raise oil output in September by 547,000 barrels per day (bpd) from the August 2025 required production level, the group said in a stateme...

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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