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Latest: Energy News

Tesla Cancels Indonesia Battery Factory Plan – Straits Times
Tesla Cancels Indonesia Battery Factory Plan – Straits Times

Senior Indonesian officials had said earlier that the Elon Musk-headed company was keen on setting up a plant to manufacture energy storage systems

China to Spend $1.7bn on Power Line Projects – Xinhua
China to Spend $1.7bn on Power Line Projects – Xinhua

The two 1,000-KV projects will respectively link the eastern cities of Fuzhou and Xiamen, and the central cities of Zhumadian and Wuhan.

Mitsui Invests $631m in Aker’s Mainstream Renewable
Mitsui Invests $631m in Aker’s Mainstream Renewable

Japanese trading house Mitsui has agreed to invest 575 million euros ($631 million) for a 27.5% stake in Mainstream Renewable Power, a company controlled by Norway's Aker Horizons

Indigenous Australians Petition Korea Court Over $3.6bn Pipeline
Australian Coal Miner New Hope Quadruples Dividend
Indian Goods Exports Cross $400bn Target – The Hindu
LG to Invest $1.7bn to Expand EV Battery Plant in Michigan
Hyundai Shipyard Sells $300m in Green Bonds – Korea Herald
Japan Lifts Power-Supply Warning for Tokyo, Nearby Areas
China Targets 200,000 Tonnes of Green Hydrogen a Year

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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.