Latest: Energy News
The world is facing its "first truly global energy crisis" but IEA chief says that has sped up the transition to clean, renewable sources of power.
Southeast Asia's largest economy has been enjoying an export boom for more than a year due to rising commodity prices
China's top exports to Russia included smartphones, generator sets, excavators and containers, while imports from Russia also rose 55%.
CATL reported profits of $1.3 billion in Q3, with revenue also rising by 232.5% to $13.41 billion
Japanese PM Fumio Kishida said the two nations had been working to achieve a free and open Indo-Pacific under "an increasingly severe strategic environment"
Saudi’s Prince Abdulaziz and his Chinese counterpart Zhang Jianhua promised to strengthen ties in a teleconference call, Saudi state news agency SPA reported
"Our view is that China is still going to provide a bit of stability to global economic growth over the next year," Chief Executive of BHP Group Mike Henry said
CATL, whose Q3 profit nearly tripled year-on-year, is said to have pulled its expansion plans after the US put in new restrictions on sourcing battery materials
Australia and Japan are expected to update their security agreement, given China's aggressive posturing over Taiwan and the South China Sea. But Tokyo also wants help with its energy transition
Located in the desert region of Al Khrasaah, the 800-megawatt facility is "one of the biggest" in the Middle East, the paper said.
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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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