Latest: Energy News
Firms sign an MoU on building and using ammonia-fuelled vessels owned either by COSCO or both firms to cut emissions while shipping minerals
Power consumption in China surged in the first half of 2024, but the country also expects another jump in installed renewable power this year
Wildfires in Southeast Asia were among the causes in the switch which saw one of the Earth's major carbon sinks collapse in 2023
Indonesia has been negotiating a critical mineral deal with the US so its nickel can be recognised for EV tax cuts; that means Chinese firms need to reduce their holdings
A bloc of developing countries has accused wealthy nations of a lack of transparency in their approach to climate financing while seeking to "dilute their legal obligations" to help poorer economies
Scientists blame human-influenced climate change for the rise in temperatures which has seen a warmer-than-usual Antarctic winter
Big Tech anxieties, China’s wayward economy, Donald’s Trump’s possible return and currency shifts all weighed on sentiment
Notes from the plenum had no details on how Beijing plans to reach its goals, such as getting consumers to spend more when resources go mainly to producers and infrastructure
Nornickel is trying to move significant production away from Russia to major consumer China, to avoid sanctions against Moscow over its war with Ukraine
13 BYD dealerships will open in Vietnam on Saturday and the carmaker hopes to boost that to about 100 by 2026, but a decision on a local plant is yet to be made
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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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