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Latest: Energy News

China Settles First LNG Trade in Yuan in Latest Hit to Dollar
China Settles First LNG Trade in Yuan in Latest Hit to Dollar

China's long-term battle to reduce the dollar's dominance in world trade took two steps forward this week, with the first LNG trade in yuan, plus Brazil agreeing to trade via local currencies

China and Brazil Agree to Dump Dollar for Trade – AFP
China and Brazil Agree to Dump Dollar for Trade – AFP

China and Brazil have struck a deal to trade in their own currencies instead of the US dollar, the Brazilian government said on Wednesday, in another hit to US economic influence

Nio Trials Stations to Swap EV Batteries in Under 5 Minutes
Nio Trials Stations to Swap EV Batteries in Under 5 Minutes

The Chinese electric vehicle maker is pushing to make battery swapping a viable alternative to rivals' rapid-charging technology

US, Japan Set to Sign Trade Deal on EV Battery Minerals
China’s CATL to Mass Produce Cheaper M3P Batteries This Year
Greed, Inefficiencies Fuel China’s Costly New Coal Power Plants
Australia’s Potential $11.3bn Batteries Bonanza: Accenture
Russia Eyes Gains As Xi-Putin Sign Power-of-Siberia 2 Gas Deal
US Study Says India Could be Energy-Independent by 2047 – WION
Xi Arrives in Moscow Just as Putin Becomes War Criminal

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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.