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Latest: Energy News

China Oil Refining Slumps as Lockdowns Dampen Fuel Demand
China Oil Refining Slumps as Lockdowns Dampen Fuel Demand

"Our refining margins were in the negative, and operations only began to recover slightly from late May with some early signs of easing in lockdowns," a refinery trading manager said

UK to Remove Chinese Investor from Nuclear Project – Telegraph
UK to Remove Chinese Investor from Nuclear Project – Telegraph

Kwasi Kwarteng, Britain's business secretary, is said to be pushing to end the use of Chinese state-owned companies in critical infrastructure

India’s Adani, France’s Total in $50bn Green Hydrogen Deal – Mint
India’s Adani, France’s Total in $50bn Green Hydrogen Deal – Mint

TotalEnergies will acquire a 25% stake in Adani New Industries, the clean energy subsidiary of Adani Enterprises, to jointly develop the world's largest green hydrogen ecosystem

China Oil and Gas Firm Readies First Offshore Carbon Capture Site
BP Buys 40% of $30bn Asia Renewable Energy Project
Russia Becomes India’s Second Biggest Supplier of Oil
UAE, India Sign Deal to Cooperate on Advanced Tech
China-Russia Trade Booms as War Forces Moscow to Look East
China Copper Miner MMG Reaches Tentative Deal in Peru Protests
US Lets India, China Keep Russia Oil Tap Open For Now – WSJ

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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.