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Latest: Energy News

Russian Oil Imports Boost Profits at India’s Reliance Industries
Russian Oil Imports Boost Profits at India’s Reliance Industries

Reliance emerged as one of the key buyers of discounted Russian crude after some Western buyers shunned it following Moscow's invasion of Ukraine in late February

China-Australia Coal Import Thaw Could Freeze Out Europe
China-Australia Coal Import Thaw Could Freeze Out Europe

Less frosty ties between Beijing and Canberra could prompt a resumption of Australian coal exports to China, but that could...

Woodside’s Shares Slide Over Lower Production Outlook
Woodside’s Shares Slide Over Lower Production Outlook

Woodside's shares fell after its full-year output was announced at between 88 million and 94 million barrels of oil equivalent (mmboe), down 4 mmboe from its previous forecast

US Expects Russian Oil Price Cap in Place This Year
Russia is China’s Top Oil Supplier for Second Straight Month
India Trims Windfall Tax on Diesel, Exports of Jet Fuel
Australia’s BHP to Review Coal Mining After Royalties ‘Triple’
More Airlines in Asia Tap Sustainable Jet Fuel – Nikkei
Australia’s BHP Warns of Hit From Labour Squeeze, Rising Inflation
Covid, Supply Delays Hit New Energy Transition, Says Report

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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.