Latest: Energy News
Brent and WTI oil prices fall again after US announces biggest release ever from its Strategic Petroleum Reserve
Chinese exports to Russia have been buffeted as the rouble swings in value, clear evidence of the effect Western sanctions over Russia's invasion of Ukraine are having in China
The Japanese bike majors are forming a new company called Gachaco, which will also develop infrastructure to support the battery swapping service
BYD's Han DM-i model is expected to sell more than 30,000 units per month, while price rises of raw material prices are slowing down
Starting in May, the US will release 1 million barrels per day (bpd) of crude oil for six months from the Strategic Petroleum Reserve
The Brazilian company will provide the cells, while Horwin Brasil will produce the "brain" of the component, in addition to the motorcycles themselves
Japan is attempting to balance its need for fossil fuels with toeing a hard line on Russia, and has faced questions over its involvement in the Sakhalin 2 project
Biden orders release of 1 million barrels a day into market over next six months amid war-related price spike
India and Russia have finalised a rupee-rouble payment mechanism to get around western sanctions because of the war in Ukraine, according to industry sources.
Sharing images of his arrival at the country’s Parliament, Transport Minister Nitin Gadkari’s official Twitter account said the Indian government is dedicated to a green hydrogen mission.
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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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