Latest: Energy News
China and India have been stocking up on Russian oil, but their actions have undermined efforts by the US and Europe to impose sanctions that limit funds to the Kremlin while it wages war in Ukraine
Profits shrank 6.5% year-on-year, less than the 8.5% decline in April, according to data released by the National Bureau of Statistics (NBS) on Monday
Britain, the United States, Japan and Canada announced a ban on imports of Russian gold, sales of which totalled $15bn last year, at the start of the G7 three-day summit on Sunday
A massive solar project in northern Australia, which aims to provide energy to Singapore and Indonesia via an undersea cable, has won approval for investment
New process uses CO2 and green hydrogen to make methane, which can be mixed in to supplement natural gas.
Beijing's imports of liquefied natural gas (LNG) from the US between February and April plummeted 95% from a year ago
Criticism has grown following the government's selection in late December of three consortia all led by Mitsubishi Corporation to operate three projects
China's coal industry has called for producers to make emergency supply guarantee plans, state media reported, and said production should be ramped up to prevent outages
Putin said Russia was discussing increasing the presence of Chinese cars on the Russian market as well as the opening of Indian supermarket Chains.
The move by the Indian Register of Shipping is keeping state-owned Sovcomflot's tanker fleet afloat and ensuring it can continue exports to India of Russian oil
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India’s fast-rising Russian oil imports are being matched by its rising oil exports suggesting it may be reselling Russia’s oil to the West.
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Transport InsightsAnglo-American Puts World’s Biggest Hydrogen Truck to WorkMining giant Anglo-American has unveiled a prototype of what it says is the world’s largest hydrogen-powered mining truck
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Energy InsightsWhat is China’s Tokamak Fusion Reactor?The goal of the Experimental Advanced Superconducting Tokamak project is to unlock the secret to clean and limitless energy on earth, with minimal waste products
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Energy InsightsDoes US Warning to India Point to More Russian Oil Restrictions?The US state department says it is aware of talks between Russia and India concerning the purchase of oil. It has no objection to India buying Russian oil, provided it buys at discount
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Market InsightsKazakhstan Unrest Poses Risks for World EconomyHundreds of people have died and thousands have been detained in Kazakhstan during the worst violence seen in the Central Asian nation since it became independent in the early 1990s. The unrest in Kazakhstan poses risks for energy markets, and even cryptocurrencies.
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