Saturday, April 19, 2025

Business - Page 4

Türkiye’s Vestel aims to be global player in EV, mobility ecosystem

Türkiye's leading electronic company and appliances maker Vestel aims to be one of the world's most important suppliers in the electric vehicle and mobility ecosystem, ac...

Türkiye’s BOTAŞ in talks with Iran’s NIGC for long-term gas supply

Turkish state energy company BOTAŞ said on Wednesday that it had held talks with Iran's national natural gas company NIGC, discussing issues of cooperation between the two com...

Swedish battery maker Northvolt to cut 1,600 jobs

Sweden's cash-strapped electric car battery maker Northvolt said on Monday it would cut a quarter of its staff in the country, as it struggles with strained finances and a slo...

Türkiye inks LNG deal with TotalEnergies to diversify supply mix

Türkiye on Wednesday announced a 10-year deal to receive liquefied natural gas (LNG) from French firm TotalEnergies beginning in 2027, as the country seeks to diversify its source...

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....

Most recent articles