Latest: Energy News
Australia's Syrah Resources said it plans to expand its Louisiana graphite plant after receiving a $220m grant to boost resources for EV batteries
Falling prices and cooling demand in China, because of the prolonged crisis in its property sector, caused Rio to more than halve its interim dividend payout in July
Pakistan is looking to buy Russian oil at the same low rate that India is buying at, its finance minister Ishaq Dar said
"It will support our transition to net zero emissions as well as create jobs in green sectors," Singapore Prime Minister Lee Hsien Loong said
Korea Electric power raised its base electric rate by 17% for industrial customers and 6.8% for residential users.
Sri Lanka sourced more than half its crude from Russia since May, buying oil from Moscow for the first time since 2013, the FT said.
China is scaling up construction of liquefied natural gas (LNG) terminals and storage facilities as it looks to bolster its energy security
India will assess Moscow's revamp of the Sakhalin-1 oil and gas project, Petroleum Minister Hardeep Singh Puri said, adding 'we've never been told not to buy Russian oil'
Russia is now India's second largest supplier of crude oil, up from 10th place in 2021, Nikkei said.
The increased quotas include 13.25 million tonnes of refined products – gasoline, diesel and aviation fuel
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Energy: The Big Picture
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.
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