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Latest: Energy News

Pakistan Pays For Discounted Russian Crude Oil in Yuan
Pakistan Pays For Discounted Russian Crude Oil in Yuan

The deal, for 100,000 tonnes of crude from Moscow, was completed in the Chinese currency and not the US dollar which dominates international oil trade

Saudi Arabia Says it Will Collaborate, Not Compete With China
Saudi Arabia Says it Will Collaborate, Not Compete With China

Cooperation between Riyadh and Beijing has deepened in security and sensitive tech amid a warming of political ties

Fossil Fuel Companies ‘Doing Little to Meet Net Zero Goals’
Fossil Fuel Companies ‘Doing Little to Meet Net Zero Goals’

Dozens of fossil fuel companies have set net-zero emissions targets, but these moves are regarded as "largely meaningless" because most fail to address key concerns

World Bank’s Banga Keen to Bolster Investment in Renewables
Storms Claim Lives, Destroy Crops in Northeast China
BYD Launches New Brand Fang Cheng Bao, First SUV Out This Year
Saudi Arabia Emerging as Hot New Market For Chinese Investors
Nikkei Rebounds, Hang Seng Rises Amid Fed Pause Hope
Deflation Risks Rise as China’s Factory Prices Slump in May
China-Russia Trade Reaches New High With Over 40% Jump – CNN

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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.