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Latest: Energy News

US, EU Must Act Jointly on China’s Industrial Overcapacity: Yellen
US, EU Must Act Jointly on China’s Industrial Overcapacity: Yellen

US Treasury Secretary says China’s excess industrial capacity is a threat to companies on both sides of Atlantic, plus industries in emerging market nations. She also wants G7 action on frozen Russian assets

China’s 10min Charge Car Battery Can Last 600 Miles – Yahoo
China’s 10min Charge Car Battery Can Last 600 Miles – Yahoo

Despite the groundbreaking development, the International Energy Agency warned on China’s dominance of car battery supply chains

Musk May Build China Data Centre for Tesla Self Driving System
Musk May Build China Data Centre for Tesla Self Driving System

In a shift by Tesla chief Elon Musk, data from China could be processed in the country to develop its full-self-driving system, sources said

Worker Shortages Create Problems For Toyota Plant in Mexico
Putin and Xi Condemn the US, Push for Ukraine Settlement
Biden Scraps Tariff Exemption, to Protect US Solar Sector
India Now the World’s Third Biggest Generator of Solar Power
Summer 2023 Was North’s Hottest in 2,000 Years – France24
Chinese Firms Seen Shifting Production Abroad to Avoid US Tariffs
Biden Ramps US Tariffs on Chinese EVs, Metals, PV Cells, Chips

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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.