Wednesday, January 22, 2025

Business - Page 3

Türkiye’s BOTAŞ inks 10-year LNG supply deal with Shell

The Turkish state energy company BOTAŞ and British oil major Shell signed a 10-year liquefied natural gas (LNG) agreement on Monday, Energy and Natural Resources Minister Alparslan...

Putin hints at using TurkStream if Ukraine halts gas transit

Russian President Vladimir Putin said on Thursday that Russia aims to keep pumping gas via Ukraine to the European Union but added that Moscow could not force Kyiv to keep the tran...

Kalyon Enerji obtains $272M for Türkiye’s 2nd largest solar project

Export credit agencies of the U.K., Export Finance (UKEF) and Poland’s KUKE, have jointly guaranteed a loan worth 249 million euros ($272 million) for Turkish renewable energy inve...

Türkiye lifts daily gas output from vast Black Sea field to 6 mcm

The volume of the daily natural gas production in the Black Sea Sakarya gas field has reached 6 million cubic meters (mcm), Energy and Natural Resources Minister Alparslan Bayrakta...

Saudi Aramco’s profit slides as economic woes dampen energy prices

Saudi oil giant Aramco on Tuesday reported $56.3 billion in profits for the first half of the year, down from the year before due to weakening volumes sold amid worries about the g...

Türkiye hikes natural gas prices by 38% for households

Türkiye's state energy operator announced on Wednesday it was hiking the natural gas price by 38% for residential use as of Aug. 1, the first price hike in almost two years....

Thousands rally in Serbia to protest lithium excavation project

Thousands of people rallied in several towns across Serbia on Monday, demonstrating against a lithium excavation project the Balkan country's government recently signed with t...

Vestel Mobilite, Indian firm ink MoU on co-op in mobility, storage

Vestel Mobilite, a recently introduced startup unit of the Turkish appliances maker Vestel announced Thursday it signed a memorandum of understanding (MoU) with Shloka Enterprises,...

Türkiye expresses readiness for co-op to achieve energy goals

Close cooperation with international financial institutions such as the World Bank is very important to achieve energy goals, a top official said Wednesday, also highlighting Türki...

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...

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