Latest: Energy News
Reliance's investment in Lithium Werks, which makes lithium iron phosphate batteries that are mainly used in EVs, includes funding for future growth
Industrial output rose 7.5% in January-February from a year earlier, the fastest pace since June 2021 and up from a 4.3% increase seen in December, official data showed
India is considering taking up a Russian offer to buy its crude oil and fertiliser commodities at discounted prices with payment via a rupee-rouble transaction, officials have said
Musk retweeted an article saying the Ukraine-Russia conflict had sent commodity prices to their highest levels since 2008, and said his companies "are not alone"
One of the world's top nickel producers faces massive losses on its short positions after prices soared over $100,000 per tonne last week and forced LME to halt nickel trading
A change to the excise is on the agenda in the internal debate over the March 29 budget alongside a tax plan designed to win back voters at the election due in May
EU filed a complaint against Indonesia at WTO for the Southeast Asian country’s restriction on nickel ore export, but Indonesia remains unbothered
Some of the measures, including incentives for exports, are likely to be incorporated in the National Green Hydrogen Mission
Sun Cable completed an A$210 million (US$152 million) Series B capital raising with existing shareholders to accelerate the progress of the Australia-Asia PowerLink
The threat of another government export ban is deterring producers from immediately increasing shipments, likely keeping prices elevated for a while
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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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