Latest: Energy News
The US government warned last month that companies doing business in Myanmar run "the risk of engaging in conduct that may expose them to significant reputational, financial, and legal risks".
Vulcan Energy's shares rose more than 5% in their debut to 5.89 euros ($6.69), while its Australian-listed stock rose 3.5% to A$9.22 ($6.59) on Wednesday
The miner has had a busy six months marked by sweeping changes, including selling its $13-billion petroleum business and a listing unification
International Energy Agency reported the gap between the OPEC+ group’s production target and actual output was 900,000 barrels a day
Half-year 2021 earnings at Fortescue may fall by roughly a third, while six-month profit growth at Rio Tinto and BHP may be knocked down
Despite countermeasures, businesses say hefty electricity bills are taking a heavy toll that could see some SMEs collapse or pass on costs to customers
Energy-giant Saudi Aramco on Sunday said it had transferred 4% of its shares to the kingdom's Public Investment Fund, the state news agency SPA reported
Geopolitical worries have added another layer of volatility to an already-jumpy market as investors price in the possibility of escalating conflict between Russia and Ukraine
Critics call for an end to favourable tax regimes for oil giants, which are again recording multi-billion-dollar profits while 'pushing our world closer to catastrophic climate change'
Shenghe plans to buy a 19.9% stake in Australia's Peak Rare Earths, which runs a project in Tanzania, to secure more overseas resources amid surging prices.
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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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