Latest: Energy News
In an unusually candid speech, ambassador Shingo Yamagami said his country would think twice about investing in Queensland due to its new windfall tax
The US Treasury cracked down on Hong Kong-based Lustro Industry, saying it hid its role in purchases of petrochemical products for delivery to China, plus Triliance Petrochemical
About 2 million barrels of cheap Russian crude oil flowed into China every day in June, according to industry monitors, who said supplies from Africa and the Middle East were being squeezed out
The energy utility's Tokyo-listed shares fell 6% in afternoon trading on Wednesday after a report it might join a state-backed bid to buy the troubled conglomerate
An administrator appointed by a court in the Democratic Republic of Congo to run the world's second-largest cobalt mine told CMOC to suspend marketing as well as production
Negotiations with the International Monetary Fund have got more difficult and complicated because the country is bankrupt, the PM told Parliament on Tuesday
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%.
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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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