Latest: Energy News

China is reportedly considering an export ban on "rare-earth magnet technology" in retaliation for the US restricting exports of advanced computer chips

An 11.5% power generation jump drove a sharp surge in emissions by the world's third largest greenhouse gas-emitter as output from both coal-fired and renewable plants hit records

Macron has flown in with a 50-strong business delegation, while Von der Leyen has said the EU must move to cut risks in its trade ties with Beijing

Russia's central bank has been calling for companies and citizens to move assets into rouble or 'friendly' currencies to avoid the risk of them being blocked or frozen amid sanctions over war in Ukraine

Petronas will proceed with a project in Kasawari gasfield off Borneo Island as it is in local waters, but Malaysia "is open to negotiations" with China, new PM said

Deals above the $60-a-barrel cap were allowed by the US, as Japan relied heavily on energy imports; they were "relatively small" and came mainly from the Sakhalin-2 project

Increasing oil deals between the two countries have already begun to corrode the US dollar’s long-running dominance in energy trade