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Latest: Energy News

Tesla Signed Deal to Buy Nickel Worth $5bn, Indonesia Says
Tesla Signed Deal to Buy Nickel Worth $5bn, Indonesia Says

The news, announced by Investment Affairs Minister Luhut Pandjaitan on Monday, follows a meeting between Tesla chief Elon Musk and President Joko Widodo in Texas in May

China’s Russia Imports Soared in July and Exports Rebounded
China’s Russia Imports Soared in July and Exports Rebounded

Imports from Russia rose by 49% last month, while Chinese exports to Russia jumped by nearly a quarter, the latest customs data revealed

China Coal Imports Rise 24%, Oil Imports Near 4-Year Low
China Coal Imports Rise 24%, Oil Imports Near 4-Year Low

A heatwave spurred power generators in China to ramp up purchases of coal in July by 24% over the previous month, driven by greater use of air conditioners in many cities.

India Commits to 50% Non-Fossil Fuel Electricity by 2030 – ET
US Gave Breakthrough Vanadium Battery Tech to China – NPR
China’s New AI Power Grid Cuts Blackouts to Three Seconds – SCMP
Hong Kong, Singapore, UAE Firms Hit With US Iran Oil Sanctions
Russian Crude Heads to China Via Risky Ship-to-Ship Transfers
Vietnam Plans to Double Wind Power With $13bn US Project
China Reaffirms Green Energy Promises as Coal Stocks Soar

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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.