Latest: Energy News
Regulators are said to be probing the sharp sell-off in Adani Group companies, while also looking into trade patterns and any potential irregularities in its now-shelved share sale
The discovery comes at a time when India is looking to strengthen its supply of critical minerals that will be crucial for furthering its electric vehicle plans
Shares of Adani Enterprises were down 11%, while stocks of five other group firms – Ambuja Cements, Adani Power, Adani Transmission, Adani Total Gas and Adani Green were down 5% to 9%
Environment minister said impacts from the proposed coal mine on local and global ecosystems would be substantial
Shares of the group's flagship rose after news Adani will repay some loans, while analysts suggest assets could be sold or spending plans deferred to bolster credibility
India is now the third-largest EV market in the world behind the US and China, the Business Standard said
President Xi Jinping warned this week that China must speed up moves to become self-reliant in science and technology "to prevent being strangled by foreign countries"
With the "next-generation" system, Honda aims to bring costs down by two-thirds compared with its older fuel cell system
The share plunge of Adani listed companies topped $100 billion on Thursday after the group canned its $2.5-billion share sale – a move that raised more questions over the group's status and dealings
India is one of the world’s biggest carbon emitters and is pushing up the pace as it eyes its 2070 net-zero carbon emission target
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
