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Latest: Energy News

China’s BYD Delays EV Factory; Solid-State Batteries ‘Unsafe’
China’s BYD Delays EV Factory; Solid-State Batteries ‘Unsafe’

BYD has set back plans for an EV factory in Vietnam, while CATL has said solid-state batteries are problematic and have safety issues

Yellen: China’s Green Energy Push a Threat to Global Jobs – AP
Yellen: China’s Green Energy Push a Threat to Global Jobs – AP

US Treasury Secretary Janet Yellen has accused China of ‘distorting prices’ with its increased green tech production levels

Fear of US Sanctions Delaying Oil Payments to Russia, Banks Say
Fear of US Sanctions Delaying Oil Payments to Russia, Banks Say

A US Treasury warning of secondary sanctions has sparked concern among banks in China, Turkey and the UAE, delaying payments for Russian oil

Indian Refiners Turn to US Crude as Russia Sanctions Bite
CATL in Talks With Tesla on Battery Tech Licence in US: WSJ
Foreign Firms Will be Treated Same as Locals, China Tells Forum
Scientists Fear Record Ocean Heat Is Changing Earth’s Systems
Nuclear Fusion Summit in US Amid Race for Cash, China Rivalry
South Korea’s $313bn Loan Plan For Carbon-Cutting Projects
Large Korean Companies Getting Out of China – Business Korea

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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.