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Latest: Energy News

Japan’s Nippon Steel Strikes $14.9bn Deal to Buy US Steel
Japan’s Nippon Steel Strikes $14.9bn Deal to Buy US Steel

The world's fourth largest steel-maker beat off rivals Cleveland-Cliffs and ArcelorMittal on bets it can benefit from US spending and tax incentives

Singapore Firm Taps AI to Cut Critical Mineral Mining Costs
Singapore Firm Taps AI to Cut Critical Mineral Mining Costs

Drilling a single hole to search for a mineral can cost from $7,000 to $33,000 and building a more accurate virtual picture could slash costs, Atomionics CEO says

Red Sea Attacks Disrupt Key Asia-Europe Sea Trade Route
Red Sea Attacks Disrupt Key Asia-Europe Sea Trade Route

Shippers opting to sail around Africa to avoid attacks by pro-Palestine Houthi militants in waters near Yemen and Suez Canal, despite formation of US-led 10-nation naval force

Will China Take on More Debt Chasing 5% Growth in 2024?
China Set to Start Sea Trials of Deepwater Drilling Ship
Cosmic Metal Could Break China’s Rare Earths Grip – Yahoo
Abu Dhabi’s CYVN to Invest a Further $2.2bn in China’s Nio
China Solar Panel Costs Plunge in 2023, 60% Cheaper Than US
China, Vietnam Sign Rail and Data Deals, While Upgrading Ties
World Backs COP28 Deal to Reduce Use of Fossil Fuels

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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.