Monday, February 16, 2026

Business - Page 20

Türkiye rapidly becoming global player in mining: Energy Minister

Türkiye is making swift progress toward becoming a global actor in mining, which is now one of the cornerstones of economic security, Energy and Natural Resources Alparslan Bayrakt...

‘Extraordinary’ power outage hits Spain, Portugal

A large power outage hit across Spain and Portugal on Monday, including their capitals, knocking out subway networks, phone lines, traffic lights and ATM machines. The Spanish pow...

Spain, Portugal switch back on but huge blackout’s cause remains mystery

Spain and Portugal switched their power back on Tuesday after the worst blackout in their history, though authorities offered little explanation and many questions remained about w...

BP profit plunges in Q1 amid strategy overhaul, lower oil prices

BP reported on Tuesday financial results for the first quarter that indicated the company's net profit plunged sharply compared to the same period a year earlier as the strugg...

Türkiye ramps up energy ambitions as output from Sakarya field rises

Türkiye's daily natural gas production at its flagship Sakarya field in the Black Sea has reached around 9.5 million cubic metres (mcm), Energy and Natural Resources Minister...

Türkiye could meet 90% of energy needs domestically by 2053: Report

Türkiye could drastically reduce its emissions and almost double its economic gains by 2053 through more ambitious energy efficiency policies, a new report said on Friday. Under t...

‘Substantial progress’ made in Ukraine-US on minerals deal: Kyiv

Ukraine and the United States have made significant headway in negotiations over a minerals agreement and are expected to formalize the deal with a memorandum soon, First Deputy Pr...

Demand for critical minerals used in tech set to triple by 2040

Increasing demand for clean energy technologies to combat climate change is shaping the future with investments in many critical minerals, whose demand is expected to triple by 204...

Oil price drop to squeeze budgets of EM crude exporters: Analysts

A major drop in crude oil prices in recent weeks, mainly driven by tariffs of U.S. President Donald Trump, will squeeze budgets of emerging market (EM) oil exporters, analysts said...

OPEC cuts oil demand growth forecasts for 2025, 2026 on US tariffs

The top oil cartel gathering the world's largest exporters under its umbrella slashed on Monday its 2025 and 2026 global oil demand growth forecast for the first time since De...

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