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Latest: Energy News

China’s Purchases of Russian Oil, Coal Jump to Near-Record Levels
China’s Purchases of Russian Oil, Coal Jump to Near-Record Levels

Customs data on Friday showed that China more than doubled its imports of Russian coking coal in April, taking advantage of a large discount compared to other sources

US Won’t Object to China’s ‘Strategic’ Russia Oil Purchases
US Won’t Object to China’s ‘Strategic’ Russia Oil Purchases

The statement comes as oil prices rebounded from two days of losses in a volatile session, bolstered by weakness in the US dollar

Japan to Allow Fukushima Water to Be Pumped into Sea
Japan to Allow Fukushima Water to Be Pumped into Sea

Tepco plans to filter the contaminated water to remove isotopes, leaving only tritium, a radioactive isotope of hydrogen hard to separate from water

Russia Soars to Fourth-Largest Supplier of Indian Oil
DBS Hong Kong to Help Fund Chinese-Built Wind Farm
Indonesia’s Jokowi, Tesla’s Musk Hold Talks on Nickel Funding
Indian Businesses Using UAE For Russian Cargo Deals – ET
China Power Firms Warn Pakistan of Shutdown Over Debts
Mystery as Philippine Tycoon Sets Post-Election Divestment
Fortescue Seeks to Turn US Coal Mine into Green Hydrogen Hub

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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.