Latest: Energy News
Obscure firms have shipped large cargoes of Russian oil this year, with crude often changing hands at sea and carried in old Liberian-flagged vessels, en-route to China and India
The battery giant is shadowed by increasing competition from rivals like BYD, a capacity glut with its production facilities and headwinds in its efforts to expand globally
US-based investment firm Bain Capital said on Sunday it will bulk the bulk of Adani Capital and Adani Housing for $120m and a liquidity line of $50m. Gaurav Gupta will continue as CEO.
Sanctions imposed recently by the EU and the US Treasury aim to cut the Myanmar military's capacity to access foreign cash and limit its ability to wage war on its citizens
Severe impacts from widespread conflict in Myanmar has led to the shutdown of three Chinese LNG power plants near Kyaukphyu port in Rakhine state, a new report says
Indians are questioning the government's disaster management and slack response to global warming after monsoon rains wreaked havoc, and damage of $2 billion, in the country's north
Only four of 87 mines sold to companies over the past three years are operating. The rest have yet to get funding, as banks prefer renewable projects, partly because of coal's decreasing viability
The US climate envoy met China's top diplomat Wang Yi and Premier Li Qiang as Washington bids to rebuild trust with Beijing ahead of COP28
India, the world's third biggest oil importer and consumer, currently pays for UAE oil in dollars but is looking to cut transaction costs by eliminating conversions
Experts say any move to cooperate on cutting emissions of methane – a greenhouse gas responsible for roughly 30% of global warming – would be positive
In This Section
Recommended: Mining News
Recommended: New Energy News
Recommended: Oil & Gas News
AF TV: Energy Videos
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.
-
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
-
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
-
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
-
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.
Asia Financial is owned by Capital Link International Holdings Ltd, 902, Wilson House 19-27 Wyndham Street, Central, Hong Kong. www.capitallinkintl.com
