Latest: Energy News
Japan has designated batteries for energy storage as important under an economic security law and earmarked close to $2.4 billion to support their supply and development
Beijing was talking tough on Friday in the lead-up to a visit by Antony Blinken, warning that "irresponsible hegemonic behaviour .. will only push China and the US towards confrontation"
As lithium prices fall and concerns rise around the environmental impact of lithium mining, China's Yichun city finds itself running short of achieving ambitious targets
The International Energy Agency said about three quarters of 2022-28 demand growth increase will come from Asia, with India overtaking China by 2027
The speed of the yuan's slide has caught many off-guard. JP Morgan recently downgraded its year-end yuan forecast, from 6.85 per dollar to 7.25 per dollar.
Foreign minister Qin Gang said the US should interfering in China's internal affairs and harming its security interests in a call on Wednesday to Blinken, who is due in Beijing on Sunday
The deal, for 100,000 tonnes of crude from Moscow, was completed in the Chinese currency and not the US dollar which dominates international oil trade
Cooperation between Riyadh and Beijing has deepened in security and sensitive tech amid a warming of political ties
Dozens of fossil fuel companies have set net-zero emissions targets, but these moves are regarded as "largely meaningless" because most fail to address key concerns
New president says moves to boost the bank's lending capacity could free up "tens of billions" of dollars, but not the trillions needed for energy transition to counter climate change, so private money is essential
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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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