Latest: Energy News
State energy officials say total gas demand is likely to fall 1% this year, according to a researcher with CNOOC. That would be the first annual decline since at least 2002
Russia accounted for 22% of India's total crude imports last month, supplying 946,000 barrels per day, The Economic Times reported
The head of metals-to-oil group Vedanta expects annual revenue to double to $50 billion in the next 2-3 years, as it ramps up production of metals used in EV batteries
The plant targets mass production by 2025, joining other battery suppliers in taking advantage of new US EV tax credit rules
Switching from to lithium-ion could boost a submarine's combat abilities, upgrading speed, weapon storage, and time spent underwater, said SCMP
New list expands the number of industries to 519 from 480 in the last publication of eligible sectors in 2020 and is part of a plan to improve industrial and supply chains.
No agreement with Vietnam by the middle of next month would be seen as a major blow to UN and the G7 in the fight against climate change
Asia's largest gas and oil producer reported profits of $16.66 billion from the January to September period
Profits at China's industrial firms fell by 6 percentage points in September. Covid restrictions, the property crisis and weakening demand were the key reasons.
About 95% of Singapore's electricity is generated from natural gas, though the country plans to ramp up sources of renewable energy.
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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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