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Latest: Energy News

Saudi Arabia Emerging as Hot New Market For Chinese Investors
Saudi Arabia Emerging as Hot New Market For Chinese Investors

Many investors from Greater China are heading to the Gulf this week eyeing fundraising and investment opportunities amid the global economic slowdown and geopolitical tensions with the US

Nikkei Rebounds, Hang Seng Rises Amid Fed Pause Hope
Nikkei Rebounds, Hang Seng Rises Amid Fed Pause Hope

Tokyo and China shares lead Asian markets higher on Friday amid hopes the US Federal Reserve will pause rates after its long hiking spree

Deflation Risks Rise as China’s Factory Prices Slump in May
Deflation Risks Rise as China’s Factory Prices Slump in May

The producer price index for May fell for an eighth consecutive month, the National Bureau of Statistics (NBS) said on Friday; the 4.6% drop is the biggest fall since 2016

China-Russia Trade Reaches New High With Over 40% Jump – CNN
Chinese Energy Storage, Battery Firms Plan $1bn Vietnam Plants
World Bank Lifts China GDP Forecast and 2023 Global Outlook
Indonesia’s China-Backed Rail Link Hit by New Hiccups
Japan Energy Giants Reveal Large-Scale Battery Storage Plan
Japan to Spend $107bn to Boost Hydrogen Fuel Use – AP
Venture Capital Giant Sequoia to Hive Off China, India/SEA Units

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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.