Monday, February 16, 2026

Business - Page 18

Suspected arson attack cuts power in southern France during Cannes

The French Rivera resort of Cannes was hit by a major power outage on Saturday, the final day of the city’s film festival, with police suspecting an arson attack. The cause of th...

Türkiye to begin supplying Syria with gas in ‘very short time’

Türkiye will begin supplying Syria, which has suffered from severe power shortages, with gas in 'a very short time,' Energy and Natural Resources Minister Alparslan Bayraktar said...

Estimates show potential 6.1B barrel shale oil reserve in Türkiye

U.S. oil producer Continental Resources estimates a shale oil reserve of 6.1 billion barrels in Türkiye's southeastern Diyarbakır basin, according to Energy and Natural Resour...

After 17 rounds of sanctions, what more can EU do to pressure Russia?

The European Union is preparing for yet another round of sanctions against Russia after its leaders threatened Moscow with 'massive' economic punishment for not agreeing on a cease...

US energy deals with KRG are ‘null and void’: Baghdad

The Kurdistan Regional Government (KRG) announced $110 billion in deals with U.S. firms HKN Energy and WesternZagros on Tuesday, prompting immediate rejection from Baghdad’s oil mi...

US battery startup ONE signs production deal with Turkish Pomega

U.S. battery startup Our Next Energy Inc. (ONE) will outsource some production of its battery cells to Türkiye's Pomega Enerji Depolama Teknolojileri A.Ş., Bloomberg reported...

Türkiye’s daily solar power generation hits new high of year

Türkiye's solar electricity generation was at its highest level of the year on Monday, accounting for 17.6% of total power generation, the data released on Tuesday by the Turk...

Türkiye discovers 75 bcm natural gas reserve in Black Sea

President Recep Tayyip Erdoğan on Saturday announced Türkiye has discovered a new natural gas reserve of 75 billion cubic meters (bcm) in the Black Sea. 'We have discovered a new...

World methane emissions remained ‘far too high’ in 2024: IEA

Emissions of methane, a greenhouse gas, remained 'far too high' worldwide last year despite available solutions, the International Energy Agency (IEA) said Wednesday, warning of a...

BP shares jump amid reports Shell weighing takeover offer

BP's shares surged on Tuesday after reports claimed its rival Shell is considering acquiring the British oil and gas giant. BP's shares rose as much as 2.5% in early tra...

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