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Spark commodities said that forward curves continue to point to US cargos being sent to Europe rather than Asia for the next 12 months
That poses “systemic risks” to its future, the newspaper said, with customers and governments increasingly demanding more sustainable supply chains
Executives at listed energy giant said the anti-pandemic measures have led to higher product inventory compared with the start of the year
The Central Asian state would also exempt all crypto operations by domestic and foreign companies from income tax, according to a presidential decree
Alternative fuel plant would produce up to 1 million tons of fuel ammonia per year for use as shipping fuel and in coal-fired power plants.
Japan will use its nuclear reactors to wean itself off energy from Russia and other sources, Prime Minister Fumio Kishida said on Thursday
CNOOC is the country's largest importer of the fuel and among state-owned companies leading a drive to expand capacity to meet rising import needs
The secretive deals put the spotlight on how importers keep off established routes to buy Russian oil at cheap rates
Imports by India's states and private utilities over the next five months for blending with domestic coal are likely to be the highest in six years
Beijing's acquiescence - or possible fear of secondary sanctions - is a welcome development in the tense Washington-Beijing relationship, an official 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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