Latest: Energy News
An International Energy Agency report says that nuclear power has an opportunity to stage a comeback as energy costs surge.
Shares in Indian energy firms fell sharply on Friday after Delhi imposed a tax on fuel exports. Reliance sank by 8.7%, while state-owned ONGC and Mangalore Refinery each slumped 10%
The new firm will take over rights and obligations of Sakhalin Energy Investment Co, in which the two Japanese companies and Shell hold just under a 50% stake
The company said this would lift its total installed capacity to 71.8 million kilowatts from 45.6 million kilowatts, an increase of 57%.
The operator on Thursday published its 2022 Integrated System Plan, outlining a 30-year roadmap of investments for Australia's national electricity market
China's Tianqi Lithium Corp plans to open its books on Thursday, June 30, for a listing in Hong Kong in mid-July that could raise $1-2 billion, sources have revealed
The agreement with the US carmaking giant comes on the heels of similar deals with Tesla and South Korean battery maker LG Energy Solution
PetroChina may exit natural gas projects in Australia and oil sands in Canada to focus on sites in Africa, Middle East and Central Asia.
Heavy flooding is likely to continue in July and August, according to a government official. Meanwhile, drought conditions are also exacerbating problems in other regions.
A source said the price-per-barrel cap level had not yet been determined, but it would have to be high enough to give Russia an incentive to keep producing oil
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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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