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Latest: Energy News

OPEC’s Share of Indian Oil Imports At Lowest in 13 Years
OPEC’s Share of Indian Oil Imports At Lowest in 13 Years

Members of OPEC, mainly from Middle East and Africa, saw their share of the pie in India shrinking to 70% in 2021, from a peak of 87% in 2008

China Pours 4m Barrels of Iranian Oil Into State Reserves
China Pours 4m Barrels of Iranian Oil Into State Reserves

Move comes as world powers are locked in tough negotiations with Iran to revive a 2015 nuclear deal that will include the lifting of US sanctions on Iranian oil

Rio Tinto Shares Slide as Serbia Scraps $2.4bn Lithium Deal
Rio Tinto Shares Slide as Serbia Scraps $2.4bn Lithium Deal

Move by Serbia comes as it approaches an election, and as ties between Belgrade and Canberra sour after Sunday's high-profile deportation of Novak Djokovic

Chevron to Exit Myanmar as TotalEnergies Backs Sanctions
Australia’s Woodside to Hike Spending in 2022 to $4bn
China to Prosecute Three Oil Refiners for Evading Fuel Taxes
China Reports First Official Iranian Oil Imports Since 2020
China Leads Oil and Gas Transmission Growth – World Pipelines
BHP Cuts Output Guidance As Rio Delays Key Lithium Mine
China Calls for Better Monitoring of Greenhouse Gas Emissions

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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.