Saturday, April 19, 2025

Business - Page 2

Russia tightens restrictions on Black Sea oil export ports

Russia, the world's second-largest oil exporter, tightened restrictions on its oil exports on Wednesday by suspending operations at a mooring in the Black Sea port of Novoross...

Egypt, France sign nearly $7.7B deal to develop green hydrogen plant

Egypt and France have signed a 7 billion euro ($7.68 billion) agreement to work together to develop, finance and operate a green hydrogen production facility, Egypt's Transpor...

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...

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...

Global coal demand to reach new all-time high in 2024: IEA

Global demand for coal is set to reach a new all-time high in 2024 and is set to stay relatively stable until the end of 2027, the International Energy Agency (IEA) said Wednesday,...

Gaps left by German holdup in Akkuyu nuclear plant being closed: Rosatom

The gap left by the holdup of critical equipment by Germany's Siemens earmarked for Türkiye's first nuclear power plant is being closed, Russian conglomerate Rosatom, the...

Türkiye to initiate trial production at 1st nuclear plant in 2025

Türkiye plans to launch trial production at its first nuclear power plant next year, a senior official said Thursday, as the nation seeks to integrate cleaner resources into its en...

Türkiye set to help address Syria’s energy needs after Assad ouster

Türkiye is gearing up to help address Syria's critical energy requirements as the war-torn nation embarks on reconstruction after the ouster of the longtime ruler Bashar Assad...

Türkiye again urges for US waiver as Russia changes gas payment rule

Türkiye on Friday repeated its call for it to be exempted from the sanctions the United States imposed on Russia's Gazprombank, a day after a decree signed by Russian Presiden...

Qatar to invest $1.3 billion in climate technology in UK

Qatar will invest 1 billion pounds ($1.3 billion) in climate technology in the United Kingdom, the British government said in a statement on Wednesday, with engineering company Rol...

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