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Latest: Energy News

Russian Mining Giant Nornickel, China Copper ‘in Smelter Talks’
Russian Mining Giant Nornickel, China Copper ‘in Smelter Talks’

Miner considering JV and a copper smelting base in China, as many western consumers will no longer buy metal of Russian origin since Moscow invaded Ukraine

China Car Sales Continued to Decline For a Third Month in June
China Car Sales Continued to Decline For a Third Month in June

Sales of passenger vehicles totalled 1.78 million in June, down 6.9% from last year, but exports were up 28% and sales of plug-in hybrids rose by 67%

Hungary’s Orban in China for Talks on ‘Ukraine Peace Mission’
Hungary’s Orban in China for Talks on ‘Ukraine Peace Mission’

Orban arrives for talks with Xi Jinping. He is believed to be negotiating a potential peace deal to end the war in Ukraine, as well as holding trade deals

China Sees Energy Storage Boom, Battle to Ease Grid Bottlenecks
India Solar Output Slowest in 6 Years Amid Scorching Heatwave
India ‘Asks Utilities to Order $33bn in Gear to Lift Coal Output’
Asian Stocks Rise to 27-Month High on US Rate Cut Hopes
China’s BYD Opens Its First EV Plant in Southeast Asia
India’s Surging Economy at Risk From Severe Water Shortages
Chinese Firms See Morocco as Path to US EV Credits – AP

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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.