Saturday, April 26, 2025

Business - Page 5

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...

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...

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