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Latest: Energy News

Australia, Singapore Agree New ‘Green Economy’ Deal
Australia, Singapore Agree New ‘Green Economy’ Deal

"It will support our transition to net zero emissions as well as create jobs in green sectors," Singapore Prime Minister Lee Hsien Loong said

South Korea Faces Biggest Energy Price Rise Since 1980 – Nikkei
South Korea Faces Biggest Energy Price Rise Since 1980 – Nikkei

Korea Electric power raised its base electric rate by 17% for industrial customers and 6.8% for residential users.

Debt-Laden Sri Lanka Happy to Buy Cheap Russian Oil – FT
Debt-Laden Sri Lanka Happy to Buy Cheap Russian Oil – FT

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 Ramps up LNG Investment to Avoid Power Shortages – SCMP
India to Consider New Russian Offer on Sakhalin-1 Project
India’s Imports of Russian Oil Surge by 570% – Nikkei
China Refiners Get Green Light to Boost Exports, Lift Economy
Australia’s Coal, Gas Revenues Boost From Ukraine War
West to Take on China in Race for Africa’s Critical Minerals – SCMP
Indonesia Sets Coal Benchmark Price at a Record High

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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.