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Latest: Energy News

India’s HDFC Bank Aided Yuan Trade in Russian Coal
India’s HDFC Bank Aided Yuan Trade in Russian Coal

The controversial trade shows how Russia could continue to sell commodities abroad without settling in US dollars despite sanctions imposed over its invasion of Ukraine

India’s ONGC Doubts Russia Takeover of Sakhalin-1 Project
India’s ONGC Doubts Russia Takeover of Sakhalin-1 Project

A senior Russian legislator said on Thursday that Moscow would take control of the Sakhalin-1 oil and gas project in which ExxonMobil and Japan's SODECO are also partners

China Oil Refiners Cash In as Beijing Grants New Export Quotas
China Oil Refiners Cash In as Beijing Grants New Export Quotas

The quotas will bring this year's total refined fuel export quotas to 22.5 million tonnes, 39% less than the first three allotments last year

Exxon Supplies First Sustainable Jet Fuel Cargo to Singapore
Australian Coal Royalty Rise Shocks Japanese Investors
US Imposes Sanctions on China Energy Firms Over Iranian Oil
Record Amounts of Russian Oil Continue to Flow Into China
Nuclear Power Unit Said to Lure Tepco Into Toshiba Takeover
Chinese Mining Company CMOC Told to Halt Congo Exports
‘Bankrupt’ Sri Lanka Says Inflation Headed for 60%

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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.