Latest: Energy News
The 2020s will be a decade of rapid change driven by the need to counter intensifying global warming; responses by leading cities show a pattern likely to be replicated worldwide
Big cities are the places making a real impact on cutting emissions, the head of a global cities network says in the lead-up to the climate summit in UAE, which mayors will join for the first time
Greenpeace says firms like PetroChina and CNOOC Gas and Power are buying misleadingly labelled "carbon neutral" liquefied natural gas
Indian refiners have trouble paying for oil because Moscow prefers yuan, while Delhi likes to settle deals in UAE dirham, but that now involves extra clearing requirements
Spot lithium prices in the world's top producer of the battery metal were effectively down close to 80% year-on-year
The government's plan to underwrite 32 GW of renewable projects was announced on Thursday, just before a vote on a takeover of the country's second biggest power producer
The fund’s push to remove Northern Minerals' chairman comes after the miner asked Australian authorities to investigate whether ‘Chinese interests’ were trying to bypass an earlier ban on greater stake in the firm
Fossil fuel subsidies have risen $2 trillion to $7 trillion, according to the International Monetary Fund, as governments around the world try to protect consumers from rising energy prices
Malaysia and Vietnam have had cargoes worth about $320 million each denied or held for checks since the new rules came into force in mid-2020, nearly three times more than exports from China
The electric battery industry is hugely reliant on raw materials, or completed batteries, sourced from China and other Asian nations
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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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