Monday, February 16, 2026

Business - Page 25

Hungary to acquire stake in major gas field in Azerbaijan

Hungary will acquire a stake in Azerbaijan's Shah Deniz gas field, one of the largest in the world, the country's top diplomat told a briefing on Wednesday in Baku. Hung...

Saudi Arabia to sell new stake in Aramco worth over $10 billion

Saudi Arabia's government plans to sell a new stake in state oil giant Aramco worth more than $10 billion, the company announced on Thursday, in one of the biggest such offeri...

Wealthy nations met $100B climate finance goal 2 years late: OECD

Wealthy countries met their goal of mobilizing $100 billion in annual climate aid for poorer countries for the first time in 2022, although two years later than promised, the Organ...

Türkiye hints at potential oil discovery in Black Sea

Türkiye's energy chief on Sunday hinted at a potential discovery of an oil reserve in the Black Sea, expressing hope that news on a new find would be shared with the public so...

Agreement reached on transportation of Turkmen gas to Türkiye

An agreement has been reached on the transportation of natural gas from Turkmenistan to Türkiye through Azerbaijan and Georgia, Energy and Natural Resources Minister Alparslan Bayr...

US accuses Russia of shipping oil to N. Korea above authorized levels

A U.S. official claimed that Russia has been shipping refined petroleum to North Korea at levels that violate the U.N. Security Council mandates, saying that Washington was mulling...

Number of EVs in Türkiye could reach 4 million in decade

The number of electric vehicles (EVs) on Turkish roads is projected to exceed 4 million units by 2035, while the number of charging socket points is estimated to reach nearly 350,0...

Türkiye in talks with ExxonMobil over multibillion-dollar LNG deal: FT

Türkiye is in talks with U.S. energy giant ExxonMobil over a multibillion-dollar deal to buy liquefied natural gas (LNG), in an effort to curb its dependence on Russian energy, acc...

Terrorism out, oil in: Output in Türkiye’s southeast hits new peak

Şırnak, a southeastern province of Türkiye that long struggled with a significant terrorist presence, is now making headlines for its burgeoning oil industry, which has achieved a...

Turkish floating plant operator in talks for Gaza power supply

One of the world's largest operators of floating power plants on Saturday said it has been in talks to provide an electricity supply to Gaza, where the infrastructure has been...

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