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Latest: Energy News

Nio in Talks on Licensing EV Battery Swap Technology – FT
Nio in Talks on Licensing EV Battery Swap Technology – FT

Chinese EV maker Nio is in talks with several other carmakers about licensing battery swapping technology that is at the heart of the group's strategy to win over motorists in Europe

Clean Energy Shift Must be Fast and Fair, IPCC Scientists Say
Clean Energy Shift Must be Fast and Fair, IPCC Scientists Say

Emissions will have to be cut swiftly and deeply across economies to limit global warming to agreed temperature limits, they said in a new report by the Intergovernmental Panel on Climate Change

Biden Rebuffed as Ties With Saudi, UAE Hit New Low – Guardian
Biden Rebuffed as Ties With Saudi, UAE Hit New Low – Guardian

The Ukraine war is stirring tensions in the Middle East, where two old US allies are questioning their ties because Joe Biden wants to resurrect a nuclear deal with Iran

Iluka to Build $750m Rare Earths Refinery to Counter China
Economic Shift Guides Gulf States on Oil – China Daily
China’s BYD Ends Production, Sales of Petrol Vehicles – Xinhua
US Allies Agree Second Major Oil Release to Calm Markets
Oil Benchmarks Set For Biggest Weekly Falls in 2 Years
Chinese Trade With Russia Feels Sting of Ukraine, Sanctions
Japan’s Big Bike Makers Form Battery Swap JV – Techradar

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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.