International

Despite the Western push to diversify critical minerals supply away from China, Beijing is set to further tighten its grip on the market of key battery metal lithium. China is poised to become the world’s biggest lithium miner by next year, surpassing Australia, commodity price reporting agency Fastmarkets forecasts. China …

OPEC+ will make its August oil production decision on the fly during the upcoming July 6 meeting, Russia confirmed on Friday, suggesting there would be no pre-negotiating behind closed doors. “We’ll review it during the meeting, as is traditional,” Russian Deputy Prime Minister Alexander Novak told reporters, adding to market …

Tesla is moving forward with plans to develop new operations in China despite the ongoing trade war between the United States and China, and with uncertainty over tariffs. In June, Tesla signed an agreement to develop a grid-scale battery power plant in China to help provide the country with a …

The number of rigs drilling for crude in the U.S. declined for the longest weekly streak in about five years as shale explorers shrugged off a recent jump in crude prices. The number fell by six to 432 and has fallen for nine consecutive weeks, the longest series of declines …

Qatar withdrew its interest in the seized German operations of Russia’s state-controlled oil company Rosneft PJSC, according to people familiar with the matter. The Qatar Investment Authority was the last party interested in the refining assets, leaving their future in limbo, said the people, who asked not to be identified …

National governments in the EU would soon be allowed to subsidize companies struggling with exorbitant energy costs, according to a Politico report suggesting the bloc is about to change its strict no-subsidy rules. The change will be in the form of a new clause in the EU’s guide to low-emission …

China has reduced its coal imports and increased exports on ample supply of the commodity, Bloomberg has reported, citing a 13% increase in outbound coal shipments from the country in the first five months of the year. China exported 2.5 million tons of coal between January and May, with the …

The sun is setting on residential solar in the United States as the Trump administration leans toward pulling the plug on clean energy incentives. In a shift in policy, the latest draft of the “One Big Beautiful Bill Act” omits residential solar lease providers from the Investment Tax Credit. Already, …

South Africa has long been dependent on coal, finding it difficult to leave fossil fuels in the past for a future in green energy. The African country has produced and exported coal to bolster its economy as well as to provide energy for its population of over 60 million. However, …

Brazil will hold the COP30 climate summit in November, where it is expected to lead the world in supporting a green transition. In recent years, Brazil has made greater efforts to increase its renewable energy capacity and protect the Amazon rainforest from deforestation activities. However, in the lead-up to the …