Latest: Energy News
Nervousness of possible disruption of exports from key oil producer Russia helps push oil prices to their highest since 2014
Russia is the second largest supplier of crude oil to China and its third biggest gas supplier. It is also a major oil supplier to South Korea, while it also sells coal to Japan, Vietnam and India.
As major economies shift to electric cars in the global fight against climate change, lithium is being increasingly called “white gold”, as prices have soared over the past year.
AGL said the A$7.50 a share proposal from the Canadian group and Cannon-Brookes at a 4.7% premium to the stock's Friday close undervalued it
In budget speech, finance minister outlines steps to support goal of becoming carbon neutral by 2050.
The ICAO may draft new standards for civil aircraft, as part of broader efforts through 2025 to update rules for aircraft noise and emissions
India to set up separate manufacturing zones and provide priority connectivity to electricity grids to green hydrogen and ammonia producers
Consumer inflation is expected to pick up due to surging energy prices, while last year's mobile phone fee cuts are also set to fall out of calculations
Most Asian buyers halted imports in 2019 after Donald Trump withdrew from the nuclear deal with Iran and re-imposed sanctions on oil exports
The company earned less for the gold it produced and was also hit with higher labour and freight costs due to a tight sea freight market
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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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