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The government confirmed it would provide A$125 million each to Viva and Ampol to revamp their refineries to start producing cleaner petrol by 2024
The bonds, which will be issued on April 14, come in three tranches with coupons ranging from 4.76% to 6.2% and maturity dates from 2027 to 2052
Last year, output reached 43.22 million tonnes of oil equivalent at Daqing Oilfield, one of the country's largest oil production bases
Osaka Gas said on Tuesday it will provide technical support for a $10.75bn green hydrogen project in the Australian outback and will consider investment in the Desert Bloom Hydrogen scheme
External Affairs Minister Subrahmanyam Jaishankar lashed out at criticism over India's purchases of Russian energy, saying they are necessary to secure the nation's energy security.
The pressure is forcing miners to commit to gradually decarbonise their lithium operations while smaller operators are promising to supply materials with a net-zero carbon footprint immediately
President Joe Biden will talk to Indian leader Narendra Modi on Monday, at a time when the US has made clear it does not want to see a big uptick in Russian energy imports by India
Chinese oil giant CNOOC said on Monday it will raise 28.08 billion yuan ($4.4 billion) in a listing in Shanghai, after setting the price for what will be the mainland 11th-biggest public stock offering
The due diligence by Saudi Arabia's sovereign wealth fund is complete, the report said
It finds itself in the unenviable position of having much less leeway than others to reduce its dependence on 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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