NASA Wants To Put a Nuclear Reactor on the Moon
NASA is accelerating plans to set up a nuclear reactor to the Moon by the end of the decade, to power bases there and help America be the first nation…
Environmentalists Raise Alarm Over Argentina’s Massive Oil Export Ambitions
Argentina’s plans to become a major energy exporter are going through a unique area in Patagonia, home to an endangered whale species and many orcas and sea lions and a…
Mexico Approves Fracking to Reverse Sagging Oil and Gas Production
In a major U-turn in energy policy, Mexico has unveiled a 10-year plan to reverse a years-long decline in oil and gas production by tapping more unconventional resources through fracking. …
Price Wars Plague Chinese Car Manufacturers
Continued weaker demand for hybrid vehicles slowed the growth in China’s new energy vehicles to 12% in July from nearly 20% in June, according to official Chinese data published on…
Australia’s Fortescue Bets Big on China for Green Future
Fortescue has secured a Chinese yuan-denominated loan of about $2 billion (14.2 billion yuan) as Australia’s energy and metals group is betting on increased collaboration with China in green energy…
Russian Urals Crude Offered to China at a Discount
Russia’s Urals crude grade, which usually goes from the western Russian ports to India, is now being offered at discounts in China amid uncertainties over Indian purchases of Moscow’s oil…
Petrobras Swings Into Profit in Q2
Brazil’s Petrobras reported a profit for the second quarter of the year, booking a net positive result of some $1.6 billion after posting a loss of $480 million for the…
Indian Oil Importers Contract Non-Russian Cargos
India’s two largest refiners have secured some 22 million barrels in non-Russian crude for delivery in September and October following President Trump’s decision to impose an additional 25% tariff on…
Trump to Nominate Stephen Miran for Fed Seat Amid Push to Reshape Central Bank
President Trump has announced his intention to nominate Stephen Miran, his close economic adviser and an outspoken Federal Reserve critic, to temporarily fill a vacant seat on the Fed’s Board…
GM Bets on China’s CATL to Keep Its EV Dreams Alive
General Motors is turning to Chinese battery giant CATL for help powering its next-generation Chevrolet Bolt, according to The Wall Street Journal. The move—described by insiders as a temporary fix—will…
