EU Plans to Slap Import Duties on Chinese EVs

Chinese cars will be slapped with import duties by the European Union if a solution to a trade stand-off between Brussels and Beijing isn’t found by the end of October. The European Commission, which manages trade on behalf of the 27 member countries, welcomed their majority approval of its plan to impose the duties, even

BP to start producing SAF by 2025

BP Plc is aiming to start producing sustainable aviation fuel (SAF) in Australia by 2025 after converting its oil refinery near Perth to produce renewable fuels. The company however, has not disclosed what volume it plans to produce. Australia has no SAF production so far and has no mandates for the fuel, unlike the European

Russia exports €63 bn worth of fossil fuels since war

Despite European Union announcements of several rounds of punitive measures against the Kremlin, a report claimed Moscow has exported a major chunk of its oil export to European countries. According to a report by the Centre for Research on Energy and Clean Air, Russia has exported €63 billion worth of fossil fuels after initiating a