U.S. sanctions against Russia’s oil exports and trade should not hinder Russian energy trade with India, Russia’s first deputy energy minister, Pavel Sorokin, said on Tuesday. Indian refiners are scrambling for alternatives after the U.S. sanctions designated hundreds of tankers, as well as oil traders, last month. Since the Russian …
Read More »Gulf Refiners Shun Watery Pemex Crude
Refiners on the Gulf Coast are shunning crude oil cargos from Mexico that feature an excessively high water content that makes the feedstock unfit for the production of gasoline and diesel fuel, Bloomberg has reported. Instead, refiners are buying more Colombian and Canadian crude, or asking for discounts on the …
Read More »China Prepares for First International Green Bond Launch
China is preparing for the listing of its first overseas sovereign green bond, which will take place in London as the frontrunner in the energy transition race seeks to tap the international investor pool. The size and timing of the listing are yet to be divulged but the Singapore portfolio …
Read More »Can Battery Recycling Break China’s Stranglehold on Rare Earth Metals?
Securing reliable and affordable rare earth element supplies has become a key concern in the global clean energy transition. Some have gone so far as to rebrand lithium, the third periodic element, as “white gold” due to its central role as a “critical mineral” in clean technologies including electric vehicle …
Read More »Trump’s Energy Policies Cast Shadow over U.S. Wind Industry
President Trump has been emphatic about his support for oil and gas throughout his electoral campaign and since coming into office. In addition, he has made it clear that he is far less supportive of renewable energy, calling Biden’s groundbreaking climate policy – the Inflation Reduction Act (IRA) – a …
Read More »Taiwan Joins Japan as Alaska LNG Hopeful
Taiwan has followed in Japan’s footsteps, expressing interest in buying more liquefied natural gas from the U.S. and more specifically from a project in Alaska, Reuters has reported, citing the country’s economy ministry. The statement reflects concern about the impact of tariffs that Trump has threatened to impose on all …
Read More »Equinor Prioritizes Oil and Gas, Cuts Renewable Goals
Norway’s Equinor has become the latest energy company to stem its green growth plans as the backlash against renewables continues. The company said on Wednesday it is reducing its ambition for installed capacity by 20 percent at the low end and 33 percent at the high end, from 12-16 gigawatts …
Read More »Iraq Exports over 6 Million Barrels of Oil to US in January
The US Energy Information Administration (EIA) revealed on Sunday that Iraq exported more than six million barrels of oil to the United States in January 2025. The EIA mentioned that Iraq’s crude oil exports to the United States reached 6.23 million barrels in December, less than the country’s oil exports …
Read More »Atomic Energy Official: Iran to Build Yellowcake Production Plant
Iran’s Atomic Energy Organization has announced plans to construct a yellowcake production plant as part of its ongoing uranium mining and processing operations. Seyyed Javad Ahmadi, Deputy Head of the Atomic Energy Organization of Iran (AEOI), made the announcement during the launch of uranium extraction and processing at the General …
Read More »China Aims for Stable Crude Oil Production above 200m Tons in 2025
China aims for stable crude oil production above 200 million tons in 2025, the National Energy Administration (NEA) said on Thursday. In 2024, China’s total oil and gas output exceeded 400 million tons of oil equivalent for the first time, playing a “ballast” role in ensuring the stable production, supply …
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