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Latest: Energy News

Indian Oil Tycoon Says New Energy Will Earn As Much As Refineries
Indian Oil Tycoon Says New Energy Will Earn As Much As Refineries

Reliance has announced billions of dollars worth of investments to develop its green energy portfolio and achieve its 2035 net zero carbon goal

40% of Global Energy Generated by Renewables in 2023
40% of Global Energy Generated by Renewables in 2023

The rapid transition to renewable energy sources, notably solar power, continued in 2023 and the first half of 2024, new reports say

Race to Prevent Disastrous Spill From Burning Red Sea Tanker
Race to Prevent Disastrous Spill From Burning Red Sea Tanker

Houthi rebels have said they'll allow salvage crews to tow the tanker – laden with 1 million barrels of oil – to try to avoid an environmental catastrophe if its massive cargo leaks into the Red Sea

Indian Solar Panels Held by US Likely Tied to China Forced Labour
Google May Set up a ‘Hyperscale’ Data Centre in Vietnam
China’s Critical Minerals Blockade Risks Global Chip Shortage
‘Wealthy Nations’ Fossil Fuel Deals Threaten a Global Catastrophe’
Samsung SDI Agrees to $3.5bn EV Battery Plant in US With GM
Most Effective Climate Policies Identified in New Study
Many US Manufacturers Don’t Want Tariff Hikes on China Imports

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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.