Wednesday, January 22, 2025

Business - Page 5

China, Türkiye, UAE banking scrutiny hampers Russia’s oil payments

Russian oil companies are encountering significant delays in receiving payments for their crude oil and fuel shipments due to heightened scrutiny by banks in China, Türkiye and the...

Oil output in Türkiye’s southeast to reach new peak by end-Ramadan

Daily oil production in Şırnak, Türkiye's southeastern province that had long been a victim of a heavy terrorist presence, is on course to reach new peak by the end of the hol...

Efforts gain pace to get Turkmen gas to Türkiye, onward to Europe

As efforts to deliver Turkmenistan's gas to Türkiye via Azerbaijan and onward to Europe are gaining momentum, the initial phase envisages a flow of 2 billion cubic meters (bcm...

Energy sector’s 2023 methane emissions near record, IEA finds

Methane emissions from the energy sector remained near a record high in 2023 despite a raft of commitments from the oil and gas industry to plug leaking infrastructure, a report by...

Aramco reports 24.7% drop in 2023 profit but still hikes dividends

Saudi oil giant Aramco on Sunday reported it made $121.3 billion in profit in 2023, down from its 2022 record due to lower energy prices, but said it still boosted its dividends la...

Most recent articles