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Latest: Energy News

Tesla Profit Plunges, But Stock Jumps on Vow of ‘Affordable’ Cars
Tesla Profit Plunges, But Stock Jumps on Vow of ‘Affordable’ Cars

Shares jump 12% on news Tesla will make 'more affordable' EVs on its manufacturing lines, despite its first-quarter profit plunging by 55% amid protracted price-war and pressure from hybrids

China Imports of Russian Oil Rise to Near-Record Levels
China Imports of Russian Oil Rise to Near-Record Levels

Russia was also China's main supplier throughout 2023, shipping 2.14 million bpd despite Western sanctions and a price cap

Mayors of Big Global Cities Calling for Urban Climate Finance
Mayors of Big Global Cities Calling for Urban Climate Finance

Officials from some of the world's biggest cities are in Washington to lobby for better access to capital, to help them manage global warming and extreme weather

Study Shows Half of China’s Big Cities Sinking, Rising Seas Risk
China’s Weak Consumer Spending is Holding World Back: IMF Chief
Scientists Build Carbon-Consuming Electricity Generator – ABC
US Set to Restore China Solar Tech Tariffs After Korea Firm Plea
Japanese Firms Eye Moves to the US as ‘China Illusion’ Fades
IMF Tips 3.2% Global Growth, Warns China on Property Crisis
EU to Avoid Trade Curbs in China Solar Panel Firms Battle

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Energy: The Big Picture

India Is Likely Exporting Refined Russian Oil to the West

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.