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Latest: Energy News

Hyundai Vows to Stop Sale of Excavators Used in Amazon
Hyundai Vows to Stop Sale of Excavators Used in Amazon

Pledge by Korean firm follows a campaign by Greenpeace and indigenous leaders, who revealed that dozens of Hyundai excavators were being used for destructive illegal mining in the Amazon

Australia’s Central Bank in Shock Rate Hike, Warns More Possible
Australia’s Central Bank in Shock Rate Hike, Warns More Possible

The Reserve Bank of Australia, which has drawn criticism in recent weeks, stunned markets on Tuesday by hiking its cash rate by a further 25 basis points

Mintz Executive Caught in China’s Growing Web of Exit Bans
Mintz Executive Caught in China’s Growing Web of Exit Bans

Scores of Chinese and foreigners have been ensnared by exit bans in recent years, according to a new report by the rights group, including an executive with Mintz due diligence group

S Korea Exports Sink For Seventh Month, China Sales Slump
Indian Factory Activity Rises to 4-Month Peak in April
Australia Set for Big Budget Rebound, But Tax Cuts Cloud Outlook
Indian Regulator Seeks 6 Months to Finish ‘Complex’ Adani Probe
China’s Manufacturing Falls in April as Export Orders Drop
Lithium Prices Rise 10% After Five-Month Slump
Philippines’ Marcos Wants US to Restore Trade Preferences

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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.