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Latest: Energy News

China to Push Coal Back-Up Plan Ahead of Summer Energy Peak
China to Push Coal Back-Up Plan Ahead of Summer Energy Peak

Beijing has doubled down on proposals for more coal mines to head off the threat of power blackouts across the country

Singapore Oil Tycoon Accused of Cheating HSBC Out of $111m
Singapore Oil Tycoon Accused of Cheating HSBC Out of $111m

The prosecutor said HSBC disbursed $111.7 million in March 2020 to Hin Leong as payment for two 'fabricated' oil sales contracts the trading firm purported to have made

Mitsubishi, ADB, Others Raise $692m for Wind Farm in Laos
Mitsubishi, ADB, Others Raise $692m for Wind Farm in Laos

The Monsoon wind farm, which is set to sell power to Vietnam under a 25-year deal, will have 600 megawatts of installed capacity and should be launched in 2025

Indonesia Keen to Sign Trade Deal With US on Key Minerals
Tesla to Make Energy Storage Batteries at New Shanghai Plant
India Plans 5 Annual Tenders for 50GW of Renewables – PV Mag
China Stages Military Drills Around Taiwan Over Tsai’s US Trip
China Contemplating Export Ban on Rare-Earth Magnets: Nikkei
India Emits Record CO2 in Fastest Power Output Rise in 33 Years
EU Leaders Back in China, Eyeing Business and Ukraine

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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.