Latest: Energy News
President Joe Biden will talk to Indian leader Narendra Modi on Monday, at a time when the US has made clear it does not want to see a big uptick in Russian energy imports by India
Chinese oil giant CNOOC said on Monday it will raise 28.08 billion yuan ($4.4 billion) in a listing in Shanghai, after setting the price for what will be the mainland 11th-biggest public stock offering
The due diligence by Saudi Arabia's sovereign wealth fund is complete, the report said
It finds itself in the unenviable position of having much less leeway than others to reduce its dependence on Russia
Contingency plans could put Japan in direct competition with Europe for global gas supplies, highlighting Tokyo's focus on meeting its own energy needs
Tokyo joined the US and European Union nations, which announced sweeping sanctions such as bans on importing coal and freezing the assets of banks and individuals
The deficit could reach $130 billion for fiscal 2022 if crude oil bounces back to $130 a barrel and the yen trades at 120 against the dollar
The Anglo-Australian miner recorded its best ever annual profit in 2021 and gave shareholders a record full-year dividend of $16.8 billion
China's request for lower volumes followed that of India, where at least two refiners had planned to buy less Saudi oil than usual in May
Japan's Industry minister Koichi Hagiuda said the country will aim over time to end coal imports from Russia, as finding immediate alternative suppliers will be difficult
In This Section
Recommended: Mining News
Recommended: New Energy News
Recommended: Oil & Gas News
Recommended: Rare Earths News
AF TV: Energy Videos
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.
-
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
-
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
-
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
-
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.
Asia Financial is owned by Capital Link International Holdings Ltd, 902, Wilson House 19-27 Wyndham Street, Central, Hong Kong. www.capitallinkintl.com
