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Latest: Energy News

Only One Development Bank Vowing to Halt Funds for Fossil Fuels
Only One Development Bank Vowing to Halt Funds for Fossil Fuels

COP28 president Sultan Al Jaber also seen opposing the UN chief's call for a halt in the use of fossil fuels

Indonesia, ADB, Owners to Shut Coal Power Station Early
Indonesia, ADB, Owners to Shut Coal Power Station Early

Jakarta and the Asian Development Bank have agreed to a deal that will see a 660-MW coal plant in West Java shut seven years earlier than scheduled

COP28: Over 110 Nations Join Deal to Triple Renewable Energy
COP28: Over 110 Nations Join Deal to Triple Renewable Energy

The pledge by over half the world's countries to triple renewable energy was perhaps the most positive news at COP28 on Saturday

US Pledges $3 Billion for Green Climate Fund at COP28
China Lithium Prices to Tank in 2024 Amid Global Supply Surge
Rare Earths Seen As a Factor in China-Vietnam Rail Link Talks
Hope for Early Deal on Climate Damage Fund as COP28 Opens
US Treasury Seen Limiting Chinese Role in EV Market – WSJ
Work on New Coal Plants Raises Doubt on China’s Climate Vows
China Seen Installing 230 GW of Solar & Wind Power in 2023 – PV

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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.