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Latest: Energy News

Sanctions Limiting China’s Access to Russian Oil, Says Yellen
Sanctions Limiting China’s Access to Russian Oil, Says Yellen

Yellen said Russia was experiencing a "severe" economic contraction because of the sanctions but declined to offer a specific forecast for output

Australian State Brings Solar Power to Indigenous Communities
Australian State Brings Solar Power to Indigenous Communities

The Wadawurrung Traditional Owners Aboriginal Corporation said it would slash emissions and save on power costs with solar-battery and storage projects

South Korea Posts Trade Deficit as Commodity Prices Soar
South Korea Posts Trade Deficit as Commodity Prices Soar

Exports rose 14.9% year-on-year to $18.74 billion, boosted by a 28.5% jump in sales of semiconductors and a 98.8% surge in petroleum products

New App Tracks Indonesian Minerals – Jakarta Globe
Australia Central Bank No. 2 Quits to Join Green Energy Group
Japan’s Fossil Fuel Dependence Complicates Russia Ban
Rio Tinto Says Mongolia Mine Can’t Halt All Russian Imports
Tata Unit Wins 10-Year Indonesia Coal Licence – Mint
Japan Threatens to Pull Out of Russia’s Sakhalin Projects
Nickel Price Surge Batters Chinese Stocks

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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.