Latest: Energy News
India is now Russia's biggest oil customer after China, as its refiners snap up discounted cargoes shunned by Western buyers
Beijing warned it will protect the rights of its companies after three Chinese firms were told to divest their investments in Canadian minerals
India said on Friday that rich nations must deliver – and increase – their pledge of $100 billion in annual climate support
Ottawa has told 3 Chinese firms to sell investments in Canadian companies focused on critical minerals – on grounds of national security
State energy officials say total gas demand is likely to fall 1% this year, according to a researcher with CNOOC. That would be the first annual decline since at least 2002
Russia accounted for 22% of India's total crude imports last month, supplying 946,000 barrels per day, The Economic Times reported
The head of metals-to-oil group Vedanta expects annual revenue to double to $50 billion in the next 2-3 years, as it ramps up production of metals used in EV batteries
The plant targets mass production by 2025, joining other battery suppliers in taking advantage of new US EV tax credit rules
Switching from to lithium-ion could boost a submarine's combat abilities, upgrading speed, weapon storage, and time spent underwater, said SCMP
New list expands the number of industries to 519 from 480 in the last publication of eligible sectors in 2020 and is part of a plan to improve industrial and supply chains.
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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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