Friday, April 3, 2026

Business - Page 13

Oil fields in Iraq’s KRG attacked by drones for 4th straight day

Drones struck oil fields in Iraq's Kurdistan Regional Government (KRG) territory for the fourth straight day on Thursday, with officials pointing to Iran-backed militias as th...

Drone attack shuts oil field run by US firm in northern Iraq

A drone attack halted production at an oil field run by the U.S. company in Iraq's semi-autonomous northern region on Tuesday after two drones caused material damage at anothe...

Türkiye to start supplying gas to Syria soon: Bayraktar

Türkiye will begin supplying natural gas to Syria soon, Energy and Natural Resources Minister Alparslan Bayraktar said Wednesday during a visit to Vienna. He also noted that Azerba...

Karpowership, MOL to develop world’s first floating data center platform

Kinetics, the energy transition initiative of Türkiye's floating power provider Karpowership, signed a memorandum of understanding (MoU) with Japanese Mitsui O.S.K. Lines Ltd....

‘US ready to support viable nuclear energy projects in Türkiye’

U.S. financing agencies are ready to support nuclear energy projects in Türkiye, particularly small modular reactors (SMRs), but are waiting for viable proposals to go ahead, a sen...

Turkish companies to launch joint search for oil, gas off Pakistan

Turkish companies have reached an agreement to conduct oil and natural gas exploration activities off the coast of Pakistan, Foreign Minister Hakan Fidan announced on Wednesday. I...

Post-sanctions Syria eyes lasting fixes for its energy crisis

Abdulrazak al-Jenan brushed the dust off the solar panel atop his apartment building overlooking Damascus. Syria's largest city lay largely in darkness, with only scattered gl...

Oil shows resilience to output hike of OPEC+, reverses losses

Oil on Monday put aside the impact of a higher-than-expected output hike of OPEC+ for August as well as concern about the potential impact of U.S. tariffs, with prices reversing ea...

EU unveils 2040 climate target, includes carbon credits in goal

The EU on Wednesday officially unveiled its long-delayed target for cutting greenhouse gas emissions by 2040, but came up with contested new flexibilities and room to maneuver to w...

Saudi Acwa reportedly nears deal for mega Türkiye solar investment

Saudi Arabia's ACWA Power Co. will reportedly build two large-scale solar plants in Türkiye under a deal expected within days, the first concrete step in its plan to invest bi...

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