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Latest: Energy News

Singapore’s OCBC in Deal to Offer Tokenised Carbon Credits
Singapore’s OCBC in Deal to Offer Tokenised Carbon Credits

The second-largest bank in Southeast Asia said it would partner with MetaVerse Green Exchange (MVGX) to develop client companies’ transitions to carbon neutrality

Asian LNG Prices Rise as Markets Fear Effects of Russia Oil Ban
Asian LNG Prices Rise as Markets Fear Effects of Russia Oil Ban

Spark commodities said that forward curves continue to point to US cargos being sent to Europe rather than Asia for the next 12 months

Samsung Fossil Fuel Reliance ‘an Investment Risk’ – FT
Samsung Fossil Fuel Reliance ‘an Investment Risk’ – FT

That poses “systemic risks” to its future, the newspaper said, with customers and governments increasingly demanding more sustainable supply chains

PetroChina Expects Domestic Fuel Demand to Rise
Uzbekistan Allows Crypto-Mining Using Solar, Ends Taxes
Mitsui to Build $2bn Fuel Ammonia Plant on US Gulf Coast
Japan to Restart Nuclear Reactors to Avoid Russian Gas
CNOOC to Spend $2.4bn on China’s Largest LNG Tankers
Some China Refineries Buy Russian Oil Very Cheaply – FT
India Boosts Coal Output as Heatwave Threatens Power Supply

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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.