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Latest: Energy News

EVs And Hybrids Made up Half of China’s Car Sales in July
EVs And Hybrids Made up Half of China’s Car Sales in July

Over half of all vehicles sold in China last month were either new pure electric vehicles (EVs) or plug-in hybrids, industry data has revealed

China, Russia Looking at Barter Trade to Avoid Bank Scrutiny
China, Russia Looking at Barter Trade to Avoid Bank Scrutiny

Russia and China are looking at bilateral barter deals, as a way to avoid use of international banking systems, which can be monitored, trade sources say

Bill Gates Backs Effort to Boost Credibility of Carbon Removal
Bill Gates Backs Effort to Boost Credibility of Carbon Removal

The move is significant given estimates that the carbon removal industry could earn up to $100 billion a year by 2030, but remains plagued by scepticism

Memory Breakthrough Could Slash AI Energy Use – LS
Rush to Buy Chips Lifts China’s Imports But Exports Softer in July
A Third of Carbon Credits Fail on New ‘High-Integrity’ Criteria
Stock Markets Plunge Across Asia, With the Nikkei Sinking 13%
China to Set Emission Quotas for Industries, Economic Planners
Global Corporate Outlook Hit by China’s Worsening Slowdown
Tesla Sets up Insurance Firm in Beijing, May Sell EV Policies

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Energy: The Big Picture

India Is Likely Exporting Refined Russian Oil to the West

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.