Latest: Energy News
Companies have rushed to cash in on higher natural gas prices as sanctions on Russian fuel have shocked already tight supplies
A consortium will be responsible for building and operating one of the most efficient thermal power plants in the Central Asian country
Russian Foreign Minister Sergei Lavrov is set to fly to India this week, sources said, amid talk that Moscow wants to boost trade and payment systems because of sanctions over Ukraine
Saudi and the UAE want the US to make policy concessions before they boost output to reduce global oil prices, analyst Greg Priddy says
Oil prices dropped on Tuesday, as Ukraine and Russia headed for peace talks and fears of a drop in fuel demand in China after Shanghai shut down to curb a surge in Covid-19
Two sedans and a heavy truck ran on e-methanol produced by Power to X (PtX) solution, a sustainable, carbon neutral, renewable fuel
Bill Gates-backed Heliogen has secured funding from top Australian energy producer Woodside for a trial of its concentrated-solar-power tech ahead of a planned push into Australia
Sinopec expects to spend 198 billion yuan (over $31 billion) in 2022, up 18% from a year ago, beating the previous record of 181.7 billion yuan set in 2013, according to a company statement
Sanctions may not hit payments in euros because GAIL's contract is with a Singapore unit of Gazprom and the EU has stopped short of placing curbs on energy imports
Profits rose 5.0% from a year earlier, up from a 4.2% gain in December, the National Bureau of Statistics said
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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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