Latest: Energy News
The likely disruption to Russian supply drove oil prices to their highest in months on Monday. Much will depend on whether Trump lifts the embargo and if China acknowledges it
A rise in the value of the dollar has hit the Southeast Asian currency and caused an 18% spike in the trade deficit over the first 11 months of 2024
China's central bank is expected to cut rates and deploy its biggest stimulus in years to bolster its economy and soften the blow from higher US tariffs
Official data on Thursday showed factory-gate prices falling for a second straight year in 2024, while consumer prices only rose marginally
Declaring an emergency would allow Trump to build a new tariff programme via the IEEPA law, which authorizes a president to manage imports during a national crisis
Some analysts think Musk's close ties with incoming President Donald Trump might allow Tesla some kind of waiver from potential future restrictions on the Chinese battery giant
Shandong Port Group has blacklisted vessels sanctioned by the US, blocking access to key ports as the US looks to enlarge its list of 'shadow fleet' tankers shipping Russian oil
The Shanghai Megapack facility, completed in December, is projected to produce about 10,000 Megapack units a year – 40 GWh of annual capacity.
The law, said to be one of the world's strictest, requires public country-by-country reporting to allow the tax office to assess if genuine business operations align with locations where profits are booked and taxes paid
China's proposals could help it retain its 70% grip on global processing of lithium into the material needed to make EV batteries. It could also threaten expansion plans by groups such as CATL
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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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