Latest: Energy News
Dairy producers and pork exporters fear retaliatory tariffs from China after Wednesday's decision on anti-subsidy duties on Chinese EVs
The US Treasury said on Wednesday that VPower Finance Security and other firms in Hong Kong and the UAE were punished for transporting gold produced by Russia's biggest gold miner Polyus
The EC decision to hit Chinese EVs with extra tariffs is a move in the wrong direction, China said on Thursday, noting that EU states and carmakers oppose the move
Billions of dollars worth of state subsidies and incentives have fuelled a steep plunge in prices of China's solar cells and modules, slashing the industry's profits
Europe's additional tariffs on imported EVs are expected to kick off talks with Beijing to avoid a major trade conflict, which could spread to other sectors
BYD is building it first plant in Hungary, while Leapmotor will use a Stellantis factory in Poland, as Chery eyes production in Spain and possibly Italy; Great Wall, SAIC and Dongfeng are also assessing opportunities
Antonio Guterres says a tax on fossil fuel firms – in the oil, gas and coal sectors – would help pay for the fight against global warming
Lawmakers say the US should ban imports from the battery-makers because their supply chains are linked to Xinjiang and 'deeply compromised'
China's exports saw yearly growth in May, with a better yuan exchange rate and firms shipping early ahead of tariff increases in foreign markets
The clean energy sector was the biggest driver of China’s economic growth in 2023, contributing 40% of its expansion
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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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