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Lee said they cannot afford to invest $350 billion without a safety mechanism to cut risk, such as only supporting commercially feasible projects
Carmakers and dealers are struggling to make money in the world’s biggest auto market and oversupply, along with fierce competition, has left scores of firms on the brink of collapse
Chinese officials have unveiled a plan to double the country's storage capacity for 'new energy' to 180 gigawatts (GW) by 2027.
The US is anxious to boost Western control of ports around the world, as China's huge expansion in shipping and ports is seen as a dangerous 'maritime advantage'
Malaysia's move to slow the expansion of data centres, over power grid and water resource concerns, could also hit China's desire to secure advanced US chips for AI projects
US officials say undocumented cellular radios were found in foreign inverters and battery systems and that Chinese tech should be scanned for hidden devices
Adani has issued multiple orders to block sanctioned tankers at its 14 ports, after the US and EU ramped up threats in regard to imports of Russian oil
Beijing has drawn up new rules to target tax evasion among small refiners, plus the EC is threatening to impose sanctions on Chinese refineries that take Russian oil
The move – seen as a bid to placate the US and protect jobs – will increase tariffs on $52 billion worth of imports in sectors such as textiles, steel and automotive
Toyota Motor plans to start making two battery-powered sport utility vehicles at its US factory in Kentucky, a person with knowledge of the plan has revealed
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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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