Latest: Energy News
Sinopec expects to spend 198 billion yuan (over $31 billion) in 2022, up 18% from a year ago, beating the previous record of 181.7 billion yuan set in 2013, according to a company statement
Sanctions may not hit payments in euros because GAIL's contract is with a Singapore unit of Gazprom and the EU has stopped short of placing curbs on energy imports
Profits rose 5.0% from a year earlier, up from a 4.2% gain in December, the National Bureau of Statistics said
The latest plan for the hydrogen sector is expected to push growth in the fuel-cell vehicle sector
China's latest comprehensive energy plan has two clear goals: to secure the energy-hungry nation's supply, and gradually tilt the mix of sources toward long-term green ambitions
Nepal suffers power shortages during its dry season and planned grid would help boost Beijing’s influence in Kathmandu
The failure of efforts to restore the pact could carry the risk of a regional war, or lead to more harsh Western sanctions on Iran, analysts say
Kuwait signed a deal with Saudi Arabia to develop the Durra field, which is expected to produce 1 billion standard cubic feet per day of gas and 84,000 barrels per day of condensates
A rare positive report from J Capital said Firefinch's main assets - the Goulamina project in Mali in West Africa – were significantly undervalued because of 'political risk'.
Senior Indonesian officials had said earlier that the Elon Musk-headed company was keen on setting up a plant to manufacture energy storage systems
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Energy: The Big Picture
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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