Latest: Energy News
Russia has been diverting oil exports from Europe to Asia as the US and its allies try to choke off its energy revenues to limit its ability to fund the Ukraine war
Solar panel maker says begin operating a 6.5 GW solar wafer factory in Vietnam from the middle of this year to serve customers in the US
India sold crude products worth $588 million to the US in November after snapping up sanctioned Russian oil at deep discounts
Trade between Russia and China jumped in 2022, with Russia more than doubling its rail exports of liquefied petroleum gas to China last year
Australia's energy minister Chris Bowen says the $20-billion solar mega project is likely to go ahead with a new funding structure
The solar energy project aimed to employ the world's longest undersea cable to deliver power from northern Australia to Singapore and Indonesia, but project 'not dead', key backer says
Albanese government says it will release $414 million for "trade-exposed" industries, such as miners, manufacturers and those generating oil and gas, to help them cut emissions
Japan's new policy comes after seeing Russian missile strikes target Ukraine's nuclear power plants and grids over the last year
"All these Arctic crudes usually go to the EU but now they have to go elsewhere," a trader in Singapore said, adding that "Now India and China are their major homes."
A unit of Tokyo Gas is close to a deal to buy US natural gas producer Rockcliff Energy for about $4.6 billion, sources say
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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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