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Latest: Energy News

US Imposes Sanctions on China Energy Firms Over Iranian Oil
US Imposes Sanctions on China Energy Firms Over Iranian Oil

The US Treasury cracked down on Hong Kong-based Lustro Industry, saying it hid its role in purchases of petrochemical products for delivery to China, plus Triliance Petrochemical

Record Amounts of Russian Oil Continue to Flow Into China
Record Amounts of Russian Oil Continue to Flow Into China

About 2 million barrels of cheap Russian crude oil flowed into China every day in June, according to industry monitors, who said supplies from Africa and the Middle East were being squeezed out

Nuclear Power Unit Said to Lure Tepco Into Toshiba Takeover
Nuclear Power Unit Said to Lure Tepco Into Toshiba Takeover

The energy utility's Tokyo-listed shares fell 6% in afternoon trading on Wednesday after a report it might join a state-backed bid to buy the troubled conglomerate

Chinese Mining Company CMOC Told to Halt Congo Exports
‘Bankrupt’ Sri Lanka Says Inflation Headed for 60%
China, Russia Dominate Nuclear Reactor Construction, IEA Says
India Energy Export Tax Sends Reliance Shares Down 8.7%
Mitsui, Mitsubishi Shares Fall as Russia Takes Over Sakhalin-2
Power Plants in Three Gorges Sold to China Yangtze For $12bn
Australia Expects 60% of Coal Power Output to Cease by 2030

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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.