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Latest: Energy News

China Building Huge Laser Fusion Research Facility, Analysts Say
China Building Huge Laser Fusion Research Facility, Analysts Say

Satellite photos show China appears to be building a large laser-ignited fusion research centre in a southwestern city

China’s Small Oil Refiners Shutting Down as Fuel Tax Cut
China’s Small Oil Refiners Shutting Down as Fuel Tax Cut

At least four plants with a combined annual processing capacity of 18 million metric tons either closed crude oil distillation units this month or plan to in February after Beijing cut tax rebates

‘AI Breakthrough’ by China’s DeepSeek Rocks US Tech Giants
‘AI Breakthrough’ by China’s DeepSeek Rocks US Tech Giants

Little-known China startup allegedly spent $5.5 million, and used sub-optimal Nvidia chips, on an AI model that rates with the best created by US tech giants; this caused Nvidia and other tech shares to sink

Trade Wars Would be ‘Catastrophic’ for World Economy: WTO
Bytedance ‘Plans $20 Billion Outlay on AI Infrastructure This Year’
China’s CATL Feels the Pinch of a Lithium Price Slump it Created
SoftBank, UAE’s MGX Join $500bn Data Centre Deal With OpenAI
What Trump’s First Day Meant For AI, Renewables, TikTok, Crypto
Bankers up All Night to Assess Impacts From Trump Trade Moves
Trump’s Cabinet And Top Advisers Offer Mixed Insights on China

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Energy: The Big Picture

India Is Likely Exporting Refined Russian Oil to the West

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.