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Latest: Energy News

Australian Banks Wind Down Loans to Carbon-Intensive Projects
Australian Banks Wind Down Loans to Carbon-Intensive Projects

Commonwealth Bank of Australia and National Australia Bank both looking to reduce lending commitments to coal mining

Sales of EVs up 21% Worldwide in July, as China Growth Rises
Sales of EVs up 21% Worldwide in July, as China Growth Rises

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 Says HK Ship Destroyed Baltic Gas Pipeline by Accident
China Says HK Ship Destroyed Baltic Gas Pipeline by Accident

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

China to Extend Loan Programme For Companies to Cut Emissions
More Chinese Companies Blacklisted For Uyghur Forced Labour
China to Set Carbon Removal, Emission Standards for Key Sectors
EVs And Hybrids Made up Half of China’s Car Sales in July
China, Russia Looking at Barter Trade to Avoid Bank Scrutiny
Bill Gates Backs Effort to Boost Credibility of Carbon Removal
Memory Breakthrough Could Slash AI Energy Use – LS

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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.