Latest: Energy News
The Organization of the Petroleum Exporting Countries (OPEC) and their allies, known as OPEC+, has resisted US pressure for a wider opening of the taps in response to high energy prices
The world's top exporter of coal used in power plants and China's largest overseas supplier has announced an export ban during January
A deal is reportedly near with French energy giant EDF to force China's state-owned CGN to offload its stake in a nuclear power project
“Given BPCL’s borrowings, it will need approval from lenders, which would take a few months," an official told the paper
On Saturday the Southeast Asian country announced a halt to exports this month to prioritise its own domestic supply and to avoid widespread blackouts
While China and other nations pour billions of dollars into developing the technology, researchers say we are still decades away from a working nuclear fusion reactor emerging from the experimental stages
Indonesia is the world's biggest exporter of thermal coal, exporting around 400 million tonnes in 2020, and counts China, India, Japan and South Korea among customers
Parties will sign deal this month for JAEA, Mitsubishi Heavy Industries to provide technical support, data from Japan reactors
Ultimate goal of EAST, located at ASIPP in Hefei, is to create nuclear fusion like the Sun, using deuterium abound in sea to provide a steady stream of clean energy
Base metal prices in London lower across the board while the benchmarks in top metals consumer China were mostly higher
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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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