Latest: Energy News
The London-listed company is in joint talks with Chinese state-run oil companies CNOOC, CNPC and Sinopec over its 27.5% holding
The order will not apply to companies with approved foreign investments, firms in special economic zones, UN agencies, embassies, INGOs and state airlines
The world's largest listed miner warned June-quarter production of the steel-making commodity is also expected to be impacted by lingering worker absenteeism
Chinese oil giant CNOOC surged 44% in its Shanghai debut on Thursday, after raising 28.08 billion yuan ($4.41 billion) in a public stock offering
The mine will supply a new lithium battery production and manufacturing base in Yichun, which CATL agreed to build with the local government last year
Company says all manufacturing sites in India, the UK and the Netherlands have sourced alternative supplies of raw materials to end dependence on Russia
Japan's biggest oil refiner Eneos Holdings has no plans to buy Russian crude until all problems related to the Ukraine crisis are over
Hyzon is focused on working with operators of heavy-duty commercial fleets whose vehicles always return to base, where they can refuel at a central site
As most shipments were contracted before the invasion of Ukraine, any cut to Russian oil purchases due to worries about sanctions would only be reflected in data due for release in May
Miner records 6.2% year-on-year decline in production to 71.7 Mt, warning of risks from rising inflation, war in Ukraine and China’s Covid-19 lockdowns
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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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