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BHP put the Mt Arthur Coal mine up for sale, but said it failed to get a viable offer, so it may seek permission to continue mining from 2026, but has set aside $700 million for closure of the mine.
"Our refining margins were in the negative, and operations only began to recover slightly from late May with some early signs of easing in lockdowns," a refinery trading manager said
Kwasi Kwarteng, Britain's business secretary, is said to be pushing to end the use of Chinese state-owned companies in critical infrastructure
TotalEnergies will acquire a 25% stake in Adani New Industries, the clean energy subsidiary of Adani Enterprises, to jointly develop the world's largest green hydrogen ecosystem
The carbon capture project, situated at CNOOC's Enping Oilfield in the mouth of the Pearl River, will store carbon dioxide emitted during oil extraction
The UK-based group hopes to develop the Asian Renewable Energy Hub (AREH) in northwestern Australia, with eventual capacity of 26 gigawatts of solar, wind and green hydrogen power
Russian grades totalled 16.5% of India's oil imports last month, but the country still gets nearly 60% of its oil from Iraq and nations in the Middle East, and the Russian spurt may have already ended
India plans to sign a deal with the United Arab Emirates (UAE) to cooperate in advanced technologies, from supply chains...
China-Russia trade reached $65.81 billion in the first five months of this year, up 28.9% over 2021, according to customs data released by China on Thursday
The company said in a statement it expects to resume production and transport of copper concentrate at the Las Bambas open-pit mine from Saturday
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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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