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Latest: Energy News

Tokyo to Stick With Russian Gas Project – Japan Times
Tokyo to Stick With Russian Gas Project – Japan Times

Japan is attempting to balance its need for fossil fuels with toeing a hard line on Russia, and has faced questions over its involvement in the Sakhalin 2 project

US to Make Biggest Ever Release From Emergency Stockpile – FT
US to Make Biggest Ever Release From Emergency Stockpile – FT

Biden orders release of 1 million barrels a day into market over next six months amid war-related price spike

India Seen Sealing Controversial Russia Trade Deal
India Seen Sealing Controversial Russia Trade Deal

India and Russia have finalised a rupee-rouble payment mechanism to get around western sanctions because of the war in Ukraine, according to industry sources.

India Minister Takes Hydrogen Car to Work: Tweet of the Day
CNOOC Plans to Raise $5.5bn from Shanghai Listing
US Warns India, Others Against Big Buy-Up of Russian Oil
China Molybdenum Hails Progress in African Mine Dispute
Australian Uranium Miners Vimy, Deep Yellow in $495m Merger
US Weighs Largest-Ever Draw From Emergency Oil Reserve
Japan Moves to Secure Vital Materials Over War Shortages

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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.