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Latest: Energy News

China and India Doubled Share of Russian Oil in a Year
China and India Doubled Share of Russian Oil in a Year

China and India now account for more than 41% of purchases of Russian crude oil, but there are signs that their buying has maxed out.

World’s Shift to 100% Clean Energy Paid in 6 Years: Stanford
World’s Shift to 100% Clean Energy Paid in 6 Years: Stanford

Clean energy would reduce the average cost per energy unit by 12%, said the report, meaning 63% lower annual cost.

Tesla Signed Deal to Buy Nickel Worth $5bn, Indonesia Says
Tesla Signed Deal to Buy Nickel Worth $5bn, Indonesia Says

The news, announced by Investment Affairs Minister Luhut Pandjaitan on Monday, follows a meeting between Tesla chief Elon Musk and President Joko Widodo in Texas in May

China’s Russia Imports Soared in July and Exports Rebounded
China Coal Imports Rise 24%, Oil Imports Near 4-Year Low
India Commits to 50% Non-Fossil Fuel Electricity by 2030 – ET
US Gave Breakthrough Vanadium Battery Tech to China – NPR
China’s New AI Power Grid Cuts Blackouts to Three Seconds – SCMP
Hong Kong, Singapore, UAE Firms Hit With US Iran Oil Sanctions
Russian Crude Heads to China Via Risky Ship-to-Ship Transfers

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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.