Latest: Energy News
Funds have been dumping industrials and buying energy stocks, amid expectation the oil and gas sector will boom if Trump wins the US election, Goldman Sachs says
China’s decision to restrict exports of antimony from mid-September could push the metal's price to $30,000 a ton, traders say
Antimony is used as a hardener in lead for storage batteries, plus alloys with lead and tin to improve solders and bullets, and in semiconductor devices
Official data on Thursday showed industrial output grew 5.1% from a year earlier, slowing from June, but retail sales rose 2.7% in July
Commonwealth Bank of Australia and National Australia Bank both looking to reduce lending commitments to coal mining
Some 1.35 million fully electric or plug-in hybrid electric vehicles were sold in July, Rho Motion market research firm said on Monday
China has admitted that the anchor of a Hong Kong-flagged vessel ripped apart an important gas pipeline from Finland to Estonia in the Baltic Sea in late 2022
The central bank will extend its policy to support companies' carbon-reduction projects for three more years – up till the end of 2027
Some 73 companies are now on the US blacklist. New additions include Rare Earth Magnesium Technology Group in Hong Kong and Century Sunshine Group, which make magnesium fertilizer and alloy products.
China is the world’s biggest emitter of greenhouse gases and has set ambitious targets to cut down its emissions, including hitting peak carbon levels by 2030
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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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