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Latest: Energy News

Drop in Hydropower Forcing China and India to Use More Coal
Drop in Hydropower Forcing China and India to Use More Coal

A big fall in hydropower being generated by dams in China and India this year has forced the two Asian giants to use more coal and fossil-fuel sources

Nikkei, Hang Seng and Asian Indexes Retreat on Hawkish Fed
Nikkei, Hang Seng and Asian Indexes Retreat on Hawkish Fed

China’s blue-chip dipped 0.8%, with Hong Kong’s Hang Seng and the ASX in Sydney both tumbling 1.3%, while the BSE Sensex in Mumbai was also down 0.85%.

China Blocked Exports of Two Chipmaking Metals in August
China Blocked Exports of Two Chipmaking Metals in August

China exported no wrought germanium products last month, compared to 8.63 metric tons in July when volumes doubled from June as foreign buyers rushed to lock in supply ahead of export curbs

Toshiba to Delist After $13.5bn Takeover by JIP and Allies
France Reworks Subsidy Criteria to Cut-Off Chinese EVs – Nikkei
Billions at Stake as India-Canada Ties Sour on Sikh Murder
EU Leaders Fear Dependency on Chinese Batteries, Fuel Cells
China Sanctions US Defence Firms For Arms Sold to Taiwan
Shanghai Exchange Looking at Nickel Futures, May Rival LME
China Slams EU’s Car Probe as a ‘Naked Protectionist Act’

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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.