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Latest: Energy News

‘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
Trade Wars Would be ‘Catastrophic’ for World Economy: WTO

WTO director-general Ngozi Okonjo-Iweala warned that tariffs of 25% or 60% could trigger tit-for-tat reprisals that return the world to the economic crisis of the 1930s

Bytedance ‘Plans $20 Billion Outlay on AI Infrastructure This Year’
Bytedance ‘Plans $20 Billion Outlay on AI Infrastructure This Year’

Tech giant, which owns TikTok, but may soon be permitted its sell its US arm, will spend half of that amount abroad on AI-related infrastructure, such as data centres and networking equipment, sources say

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
Xi Jinping Seen Luring Trump Into a New US-China Trade Deal
China Hits 5% Growth Goal Amid Public Scepticism, Complaints

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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.