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Latest: Energy News

Australia’s Woodside Exit from Myanmar to Cost $200m
Australia’s Woodside Exit from Myanmar to Cost $200m

The company completed the relinquishment of exploration permits covering three offshore blocks and is in the process of withdrawing from three others

Rio Tinto Begins Underground Mine Work in Mongolia
Rio Tinto Begins Underground Mine Work in Mongolia

Shares in Canadian subsidiary Turquoise Hill rose 16% in New York overnight after it said it expects to begin caving operations in the next few days

Genting Cruise Ship Diverted to Avoid Seizure – IAG
Genting Cruise Ship Diverted to Avoid Seizure – IAG

The detour followed an order from a US judge that the ship be held as part of a lawsuit over alleged failure to pay $4.6 million in fuel bills

Reliance JV Opens Delhi EV Charging Hub – The Hindu
Chinese Miner Wins Rare Earth Rights in Laos – RFA
Indonesia Runs Early Tests to Produce Palm Oil Petrol
Baidu-Geely Smart EV Joint Venture Jidu Auto Raises $400m
Power Returning to Central Asia After Massive Blackout
Indonesia To Develop Seven New Smelters – Jakarta Post
ABC Signs $473bn Energy Deal – China Securities Journal

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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.