Saturday, April 19, 2025

Business - Page 3

Total to pause financial flows to Adani businesses amid bribery charges

French oil giant TotalEnergies SE announced on Monday it would stop financial contributions to its Adani Group investments following last week's indictment, saying it was not...

Türkiye launches one-of-a-kind industrial decarbonization platform

Türkiye launched on Monday a new decarbonization investment platform, marking a significant step toward achieving the country’s net-zero ambitions and strengthening the integration...

Bill Gates-backed TerraPower had informal talks with Türkiye on SMRs

TerraPower, the next-generation nuclear power company backed by Bill Gates, has held informal discussions with several European countries, including Türkiye, regarding the potentia...

Climate Investment Funds backs $1 billion Türkiye grid upgrade plan

The Climate Investment Funds (CIF), a multilateral lending organization, announced on Thursday its commitment to support a $1 billion initiative aimed at modernizing Türkiye's...

Türkiye, Russia to talk gas hub as Erdoğan heads for BRICS summit

President Recep Tayyip Erdoğan is set to travel to Russia on Wednesday for a summit of the BRICS bloc of developing economies where he is scheduled to meet his Russian counterpart...

Türkiye, Niger sign deal for cooperation in mining

Türkiye and Niger, a mineral-rich African nation, will cooperate on exploring and mining mineral resources, Energy and Natural Resources Ministry said in a statement Tuesday. Ener...

Egypt revises 2040 renewable energy target to 40%, keeps focus on gas

Egypt has scaled down its renewable energy target for 2040 to 40% from a previous goal of 58%, Petroleum Minister Karim Badawi said on Sunday, noting that natural gas would remain...

Türkiye expects ‘concrete developments’ on gas hub within months

Energy and Natural Resources Minister Alparslan Bayraktar on Thursday said Türkiye anticipates 'concrete developments' regarding the planned regional natural gas hub project in the...

Oil surplus looms, IEA says as it reassures on Iran supply risk

The global oil market is likely to experience a significant surplus in the new year, the International Energy Agency (IEA) said on Tuesday, as it reassured markets that it is prepa...

Türkiye’s green ambitions to attract substantial investment: IFC

Türkiye's efforts to expand the role of renewables in its energy mix offer a 'unique opportunity' to attract substantial foreign investment, a senior official from the Interna...

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