Latest: Energy News
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.
Australia's Syrah Resources said it plans to expand its Louisiana graphite plant after receiving a $220m grant to boost resources for EV batteries
Falling prices and cooling demand in China, because of the prolonged crisis in its property sector, caused Rio to more than halve its interim dividend payout in July
Pakistan is looking to buy Russian oil at the same low rate that India is buying at, its finance minister Ishaq Dar said
"It will support our transition to net zero emissions as well as create jobs in green sectors," Singapore Prime Minister Lee Hsien Loong said
Korea Electric power raised its base electric rate by 17% for industrial customers and 6.8% for residential users.
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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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