Latest: Energy News
Chinese EV sales totalled 1.03 million in the first quarter of the year but it was the slowest quarterly growth since the second quarter of 2023
US Treasury chief winds up talks with China's financial leaders; she also warned that Chinese banks could face sanctions if linked to arms deals that aid Russia's war in Ukraine
The US treasury secretary held talks with the Chinese premier during an 80-minute-long meeting in Beijing as part of her week-long trip to China
China's factory production is more than the global market can bear, Yellen said in meetings on Friday at the start of her six-day visit to China
The three state entities were among 57 fossil fuel and cement producers responsible for the bulk of the world's CO2 emissions since 2016, researchers said on Thursday
US Treasury Secretary is seen as an 'effective' trade emissary, but Beijing is not expected to put the brakes on its 'new productive forces' - EVs, batteries and solar - because of Western angst
China's huge solar sector faces consolidation this year but its top players are likely to survive, while prices stay low because of massive oversupply for the global market
With sales of electric vehicles expected to account for 40% of the 23 million cars sold this year, China’s demand for gasoline (petrol) is predicted to peak by 2025
Scientists say successfully sustaining nuclear fusion can potentially create unlimited energy without the burden of carbon emissions
BYD has set back plans for an EV factory in Vietnam, while CATL has said solid-state batteries are problematic and have safety issues
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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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