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Latest: Energy News

India Emits Record CO2 in Fastest Power Output Rise in 33 Years
India Emits Record CO2 in Fastest Power Output Rise in 33 Years

An 11.5% power generation jump drove a sharp surge in emissions by the world's third largest greenhouse gas-emitter as output from both coal-fired and renewable plants hit records

EU Leaders Back in China, Eyeing Business and Ukraine
EU Leaders Back in China, Eyeing Business and Ukraine

Macron has flown in with a 50-strong business delegation, while Von der Leyen has said the EU must move to cut risks in its trade ties with Beijing

China’s Yuan is Now the Most Traded Currency in Russia
China’s Yuan is Now the Most Traded Currency in Russia

Russia's central bank has been calling for companies and citizens to move assets into rouble or 'friendly' currencies to avoid the risk of them being blocked or frozen amid sanctions over war in Ukraine

China Concerned About Malaysian Project in SC Sea: Anwar
Japan Bought Russian Oil at Over $60 a Barrel Price Cap – Fox
Russia Wants All India Trade in Rupee-Ruble – Firstpost
China Settles First LNG Trade in Yuan in Latest Hit to Dollar
China and Brazil Agree to Dump Dollar for Trade – AFP
Nio Trials Stations to Swap EV Batteries in Under 5 Minutes
US, Japan Set to Sign Trade Deal on EV Battery Minerals

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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.