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Latest: Energy News

China’s Oil Giants Rush to Adapt as Buyers Shift to EVs
China’s Oil Giants Rush to Adapt as Buyers Shift to EVs

With sales of electric vehicles expected to account for 40% of the 23 million cars sold this year, China’s demand for gasoline (petrol) is predicted to peak by 2025

Korea ‘Artificial Sun’ Sets Record At 100 Million Degrees – CNN
Korea ‘Artificial Sun’ Sets Record At 100 Million Degrees – CNN

Scientists say successfully sustaining nuclear fusion can potentially create unlimited energy without the burden of carbon emissions

China’s BYD Delays EV Factory; Solid-State Batteries ‘Unsafe’
China’s BYD Delays EV Factory; Solid-State Batteries ‘Unsafe’

BYD has set back plans for an EV factory in Vietnam, while CATL has said solid-state batteries are problematic and have safety issues

Yellen: China’s Green Energy Push a Threat to Global Jobs – AP
Fear of US Sanctions Delaying Oil Payments to Russia, Banks Say
Indian Refiners Turn to US Crude as Russia Sanctions Bite
CATL in Talks With Tesla on Battery Tech Licence in US: WSJ
Foreign Firms Will be Treated Same as Locals, China Tells Forum
Scientists Fear Record Ocean Heat Is Changing Earth’s Systems
Nuclear Fusion Summit in US Amid Race for Cash, China Rivalry

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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.