Latest: Energy News
Chinese Premier Li Qiang urged Beijing and Europe to work together to deal with climate issues and world debt, at a two-day Paris summit
The two countries signed agreements on computer chips, tech, critical minerals, space cooperation, plus defence and cooperative arrangements aimed at countering China's influence
US President expects to meet with Xi Jinping in the near-term and doubts that his remark undermined ties with Beijing
Pakistan and China signed a $4.8bn deal to build a 1,200 MW nuclear power plant, while the debt-laden state is in talks with the UAE for control of Karachi port in exchange for emergency funds
Yellen says the World Bank and global development banks should be reformed to become more efficient before being given more funds to help poor nations counter climate change
Chinese scientists are reportedly developing a machine which is 90% accurate that could help locate hard-to-access deposits along the Tibet-India border
Technological advances have helped lithium-iron-phosphate batteries edge past EV batteries made of nickel and cobalt, experts say
The Nikkei 225 in Japan was up by 0.56% on Wednesday, but the Hang Seng Index in Hong Kong slumped by nearly 2%; stocks also fell in Shanghai, Sydney, Bangkok and other markets
New energy vehicles purchased in 2024 and 2025 will be exempted from purchase tax of up to 30,000 yuan per vehicle, and half of that for purchases in 2026 and 2027
Yuan drops to 7.1747, with analysts saying markets expected bigger support and were hoping for a larger lending rate cut
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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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