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Turkey’s installed solar power capacity saw a record increase within a single month in April, surging by approximately 1.3 gigawatts (GW) compared to the previous month, according to a report on Sunday. The country’s solar power capacity reached 13.9 gigawatts at the end of April, marking a 1.3 gigawatt increase …

Kazakhstan is in talks with China on transit for export of uranium, the Ministry of Energy of Kazakhstan said. Kazatomprom is transporting uranium to North America and Europe via a port in St. Petersburg. Alternative route is transportation through the Caspian Sea, where the port of Aktau (Kazakhstan), port of …

China is taking advantage of lower international prices for coal and natural gas to replenish stockpiles of power fuels ahead of another long, hot summer. Gas imports through the end of April jumped 21 percent from the previous year, while coal purchases climbed 13 percent. The increase in coal in …

Oil prices extended declines on Monday amid signs of weak fuel demand and as comments from U.S. Federal Reserve officials dampened hopes of interest rate cuts, which could slow growth and crimp fuel demand in the world’s biggest economy. Brent crude futures slid 25 cents, or 0.3%, to $82.54 a …

Brazilian state-run oil firm Petrobras approved new commercial arrangements for natural gas sales that could reduce its price to distributors by up to 10%, it said on Friday. In a statement released on its website, the oil giant said it will offer a “price reduction mechanism” for current natural gas …

Crude oil prices began the week with a decline on signs of slowing fuel demand and yet more indications from the Fed that rate cuts are not coming soon. Brent was trading below $83 per barrel and West Texas Intermediate was a little above $78 a barrel earlier today after …

OPEC+ producers shouldn’t take actions that would push oil prices up and thus boost inflation when they meet next to decide on their oil production cuts, said Fatih Birol, executive director of the International Energy Agency. “It’s up to them to decide what they’re going to do, but at this …

The Turkey state pipeline company BOTAS and the American corporation ExxonMobil signed an agreement on the supply of liquefied natural gas (LNG) to Turkey on May 9 in Washington, Azernews reports. Bayraktar said that the signed agreement is designed for a long-term period and allows Turkey to take another step …

The world is experiencing a nuclear renaissance. Uranium prices are soaring as the world snaps up nuclear fuel, public favor for nuclear power is at a 10-year high in the United States, Russia is busily expanding its own nuclear energy empire in emerging economies in Africa, and even Japan is …

ThyssenKrupp recently announced plans to create a 50/50 joint steel manufacturing venture with the Czech Republic’s EP Corporate Group and ThyssenKrupp Steel (TKS). According to the German group, talks are now ongoing between the two parties for the sale of an additional 30% stake in the steelmaker, following an April …