Thursday, April 2, 2026

Business - Page 20

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...

Türkiye to deploy its FSRU abroad for 1st time in deal with Egypt

A Floating Storage and Regasification Unit (FSRU) owned by Türkiye's state firm, Turkish Petroleum Pipeline Corporation (BOTAŞ), will operate abroad for the first time under a...

Saudi Aramco reports 4.6% drop in Q1 net profits

Net profits of oil giant Saudi Aramco declined 4.6% in the first quarter, the company said on Sunday, citing lower sales and higher operating costs. Profits fell due to 'lower rev...

Türkiye plans to send 6 mcm of gas daily to Syria within 3 months

Türkiye plans to deliver 6 million cubic meters (mcm) of natural gas per day to Syria within the next three months to help generate electricity in the war-torn country, according t...

Most recent articles