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Latest: Energy News

Japan Threatens to Pull Out of Russia’s Sakhalin Projects
Japan Threatens to Pull Out of Russia’s Sakhalin Projects

Mitsubishi and Mitsui have stakes in the massive Sakhalin-2 project, while Marubeni and Itochu have invested in Sakhalin-1 oil project, from which Exxon Mobil is now withdrawing

Nickel Price Surge Batters Chinese Stocks
Nickel Price Surge Batters Chinese Stocks

Nickel prices in China hit a record high on Wednesday with prices rising 17% to hit 267,700 yuan (about $42,400) a tonne, touching the ceiling for permitted daily gains

China to Maintain Coal Output, Allow New Projects
China to Maintain Coal Output, Allow New Projects

Spot thermal coal prices for the Newcastle Port benchmark have soared 35% over the past week to a record $353.75 a tonne, stoked by supply shortages

Fragile Air Travel Recovery Skids on Jet Fuel Price Surge
Coal Price To Stay High on China, India Demand, Says Trafigura
Asian Oil Refineries to Boost Output to Cash In on Boom
China Speculation Puts Global Platinum Stocks into Oversupply
Ukraine Conflict Makes Taiwan Nervous – Telegraph
Biden Bans Russia Oil Imports To US, UK To Phase Out Supply
Carmakers Face Soaring Metal Costs with Russian Supplies at Risk

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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.