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Latest: Energy News

Chinese Energy Storage, Battery Firms Plan $1bn Vietnam Plants
Chinese Energy Storage, Battery Firms Plan $1bn Vietnam Plants

Vietnam, a global export hub, has been attracting global investments thanks to its array of free-trade deals and cheap labour, with the added allure of protection from increasing Sino-US trade friction

World Bank Lifts China GDP Forecast and 2023 Global Outlook
World Bank Lifts China GDP Forecast and 2023 Global Outlook

Chinese state media have been happy to report that the World Bank has lifted its GDP growth forecast to 5.6%. It has also raised its 2023 global growth forecast

Indonesia’s China-Backed Rail Link Hit by New Hiccups
Indonesia’s China-Backed Rail Link Hit by New Hiccups

The path to Indonesia's new high-speed rail service, built and funded with Chinese aid, has been drawn-out and bumpy, and now there are tussles over when it should open and loan fees

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
Global Economy Showing Signs of De-Dollarisation, Says JPMorgan
Asia Rocked by More Record Heat in May as Climate Woes Rise
China, India Imports of Russian Oil Surge to Record Highs
Indonesia’s Mining, EV Battery Plans Get $9 Billion Boost

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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.