Latest: Energy News
Woodside's shares fell after its full-year output was announced at between 88 million and 94 million barrels of oil equivalent (mmboe), down 4 mmboe from its previous forecast
The US confidence in a price cap follows positive reaction by China and India to the plan, which would limit Moscow’s revenues over its aggression in Ukraine
The equivalent of about 1.77 million barrels per day (bpd) of Russian oil were shipped to China, down from May's record of 1.98 million bpd, a level analysts had expected to be maintained
India has cut a windfall tax levied on oil companies and kept petrol out of an export levy less than a month after it introduced the two regulations.
BHP has seven coal mining operations generating the mineral for use in steel production in a partnership with Japan’s Mitsubishi
From Singapore Airlines and Malaysia Airlines to All Nippon Airways and Japan Airlines, the industry is in various stages of producing and using sustainable aviation fuel for operations
World's biggest miner is struggling with Covid-19-related labour shortages and soaring production costs, says pain will linger into 2023
Sustainable infrastructure projects worth some $627 billion were announced in 2021, but many have been held up by Covid, supply chain delays and war in Ukraine, new report says
The Indian government also plans to set up a regulatory framework for carbon trading, the report said
Japan's aims is to send a clear signal of government backing for the project and bucks moves by West that has prohibited firms from making new investments in Russia
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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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