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Latest: Energy News

Russia Seen Asking India for Parts to Keep Key Industries Running
Russia Seen Asking India for Parts to Keep Key Industries Running

Moscow has sent India a list of more than 500 products it needs to keep key industries running, but while Delhi wants to cut its huge trade deficit, some companies fear being hit with sanctions.

Chinese Stocks Sink After Covid Cases Rise, Protests Over Policy
Chinese Stocks Sink After Covid Cases Rise, Protests Over Policy

Chinese stocks and oil prices fell sharply early on Monday, after protests in many cities against tough Covid restrictions, while the country posted another record high tally of Covid cases

China’s CNOOC Seen Offloading US Oil and Gas Fields
China’s CNOOC Seen Offloading US Oil and Gas Fields

CNOOC has hired JPMorgan to advise it on a potential exit from its US shale gas assets, which could raise $2 billion. It is also in talks for the sale of its Gulf of Mexico assets

Australia Set to Impose Incentives for Electric Vehicles – ABC
Korea’s LG Chem to Splash $3 Billion on US Battery Plant
Kamala Harris Announces $20 Mil Clean Energy Fund For Mekong
India Eyes Export Boost With Tax Lift on Iron-Ore And Steel
India Burns Even More Coal Despite Climate Pledge Pressures
Chinese, UAE Firms Hit With US Sanctions Over Iran Oil Trading
PBOC Governor Yi, Janet Yellen Hold ‘Frank’ Meeting at G20

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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.