Saturday, April 19, 2025

Business - Page 6

Number of EVs in Türkiye could reach 4 million in decade

The number of electric vehicles (EVs) on Turkish roads is projected to exceed 4 million units by 2035, while the number of charging socket points is estimated to reach nearly 350,0...

Terrorism out, oil in: Output in Türkiye’s southeast hits new peak

Şırnak, a southeastern province of Türkiye that long struggled with a significant terrorist presence, is now making headlines for its burgeoning oil industry, which has achieved a...

Turkish floating plant operator in talks for Gaza power supply

One of the world's largest operators of floating power plants on Saturday said it has been in talks to provide an electricity supply to Gaza, where the infrastructure has been...

Türkiye’s solar power capacity surpasses 12,000 MW milestone

The total installed capacity of solar energy in Türkiye exceeded 12,000 megawatts (MW) for the first time as of the end of February and reached 12,425 megawatts, according to the s...

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