Latest: Energy News
China’s announcement last week on ending export tax rebate means exporters of affecting products — ranging from aluminium to used cooking oil — will look to pass on the resulting extra costs
Musk said previously that killing the subsidy may slightly hurt Tesla sales, but would devastate its US EV rivals. However a major auto trade group wants the credits retained
China's motive for developing the port was access to Brazil, as a $3.5 billion rail link is planned to carry exports like soybeans and iron ore to the port
Vaulted Deep has raised $32 million of venture capital funds to expand its operations that use oil industry technology to flush carbon-containing waste down wells
The bulk of this year’s emissions are from burning coal, oil and gas and scientists say they don't see a sign of fossil fuel emissions peaking yet
Billionaire who founded battery giant CATL has plans to develop 'zero carbon' power grids, a business that could be far bigger than his EV battery operations
CATL founder Robin Zeng confirms battery licensing deals with Tesla and Ford, but US lawmakers may not allow a Chinese battery plant in the US given tense trade ties
New fee announced at COP29 aims to deter methane emissions, but incoming president Donald Trump – a climate sceptic – is expected to scrap it
The COP29 summit’s ability to reach consensus on urgent climate action also remains in shrouded in doubt, given several prominent world leaders are planning to skip the event
World's top carmaker plans to transfer greater responsibility to local staff who have a better grasp of the market, particularly around EVs and connected car tech
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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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