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Latest: Energy News

Mitsui, Mitsubishi Shares Fall as Russia Takes Over Sakhalin-2
Mitsui, Mitsubishi Shares Fall as Russia Takes Over Sakhalin-2

The new firm will take over rights and obligations of Sakhalin Energy Investment Co, in which the two Japanese companies and Shell hold just under a 50% stake

Power Plants in Three Gorges Sold to China Yangtze For $12bn
Power Plants in Three Gorges Sold to China Yangtze For $12bn

The company said this would lift its total installed capacity to 71.8 million kilowatts from 45.6 million kilowatts, an increase of 57%.

Australia Expects 60% of Coal Power Output to Cease by 2030
Australia Expects 60% of Coal Power Output to Cease by 2030

The operator on Thursday published its 2022 Integrated System Plan, outlining a 30-year roadmap of investments for Australia's national electricity market

China’s Tianqi Lithium Seen Launching $2bn Hong Kong Listing
Australian Miner Liontown Signs Lithium Deal With Ford
PetroChina May Exit Some Foreign Projects to Cut Losses
China Faces Economic Hit From Extreme Weather in July, August
China, India Positive on G7 Plan to Cap Russian Oil Price
China’s Gotion Plans to Have 33% of EV Battery Plants Abroad
Power Worries in Japan Amid Rising Heat As Wet Season Ends

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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.