Latest: Energy News
Sri Lanka, battling the worst economic crisis in its history, is turning to Russian oil because it is cheaper, Nikkei Asia reports.
The plants, with a combined capacity of 4,000 MW, were due to be built by Russia's Rosatom and Japan Atomic Power in Ninh Thuan, a central province, under an earlier plan
Data show Russian oil concealed in blended and refined gasoline, diesel and chemicals has made its way to the US from Indian refineries
The acquisitions would give BYD access to more than 25 million tonnes of lithium oxide, which is used in the cathodes of EV batteries
Razon's Prime Infra Holdings will buy the majority stake from a company controlled by Dennis Uy, a close associate of outgoing Philippines President Rodrigo Duterte
The increased competition has accordingly narrowed the spread with European gas prices, which eased on less concerns over further Russian supply cuts
The standard is higher than the previous 28.8% set in 2020, according to the National Development and Reform Commission (NDRC)
He Xiaopeng, the CEO of one of Tesla's biggest local rivals, says China is still at least ten years away from being a true global leader.
The government announced it would raise fuel prices after an agreement with the IMF that included an end to fuel subsidies, allowing the resumption of aid
GAIL has a long-term import deal with a unit of the Russian energy giant to buy an average 2.5 million tonnes of liquefied natural gas (LNG) per year
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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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