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Latest: Energy News

Japan’s Big Bike Makers Form Battery Swap JV – Techradar
Japan’s Big Bike Makers Form Battery Swap JV – Techradar

The Japanese bike majors are forming a new company called Gachaco, which will also develop infrastructure to support the battery swapping service

China’s BYD Has 400,000 EV Orders Backlog – Cailian 
China’s BYD Has 400,000 EV Orders Backlog – Cailian 

BYD's Han DM-i model is expected to sell more than 30,000 units per month, while price rises of raw material prices are slowing down

Biden Launches Record Oil Reserve Release in ‘Moment of Peril’
Biden Launches Record Oil Reserve Release in ‘Moment of Peril’

Starting in May, the US will release 1 million barrels per day (bpd) of crude oil for six months from the Strategic Petroleum Reserve

Chinese E-Bikes Built in Brazil to Use Locally Made Batteries
Tokyo to Stick With Russian Gas Project – Japan Times
US to Make Biggest Ever Release From Emergency Stockpile – FT
India Seen Sealing Controversial Russia Trade Deal
India Minister Takes Hydrogen Car to Work: Tweet of the Day
CNOOC Plans to Raise $5.5bn from Shanghai Listing
US Warns India, Others Against Big Buy-Up of Russian Oil

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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.