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Latest: Energy News

Fossil Fuel Phase-Out ‘Unrealistic’, China Climate Chief Warns
Fossil Fuel Phase-Out ‘Unrealistic’, China Climate Chief Warns

Beijing’s special climate envoy, Xie Zhenhua, will tell the COP28 climate meeting new energy sources aren’t reliable enough yet to replace coal and oil

China Issues Gallium, Germanium Licences as Exports Sink
China Issues Gallium, Germanium Licences as Exports Sink

The announcement came after customs data showed China had completely blocked its exports of germanium and gallium products in August

Tesla Seen Looking at Battery Factory in India, as Well as EVs
Tesla Seen Looking at Battery Factory in India, as Well as EVs

Sources say CEO Elon Musk is keen to build two factories in India - one for electric vehicles, and a second plant to make and sell the group's "Powerwall" battery

Drop in Hydropower Forcing China and India to Use More Coal
Nikkei, Hang Seng and Asian Indexes Retreat on Hawkish Fed
China Blocked Exports of Two Chipmaking Metals in August
Toshiba to Delist After $13.5bn Takeover by JIP and Allies
France Reworks Subsidy Criteria to Cut-Off Chinese EVs – Nikkei
Billions at Stake as India-Canada Ties Sour on Sikh Murder
EU Leaders Fear Dependency on Chinese Batteries, Fuel Cells

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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.