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Latest: Energy News

Vietnam’s VinFast ‘Set to Build’ EV Battery Plant in India
Vietnam’s VinFast ‘Set to Build’ EV Battery Plant in India

Vietnamese electric carmaker plans to make EV batteries in Thoothukudi city in Tamil Nadu, in the southern India, sources say

China Says it Will Make Half the World’s Cleaner Ships by 2025
China Says it Will Make Half the World’s Cleaner Ships by 2025

Beijing is pushing to become carbon neutral by 2060 and has pledged to build more vessels powered by methanol and liquefied natural gas

Russia Says Sanctions Helped Cement China, India Energy Ties
Russia Says Sanctions Helped Cement China, India Energy Ties

Together China and India accounted for around 90% of Russia’s crude exports, while Europe's share fell to only about 4-5% from about 40-45%

Cargo Rates Soar as Firms Assess Bid to Protect Red Sea Ships
China’s Nio Unveils Flagship EV to Take on Mercedes, Porsche
China’s BYD Plans EV Production Base in Hungary
China Curbs The Export of Rare Earths Processing Technology
US May Hike Tariffs on Chinese EVs, Other Goods – WSJ
Japan’s Nippon Steel Strikes $14.9bn Deal to Buy US Steel
Singapore Firm Taps AI to Cut Critical Mineral Mining Costs

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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.