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Latest: Energy News

Japan to Restart Nuclear Reactors to Avoid Russian Gas
Japan to Restart Nuclear Reactors to Avoid Russian Gas

Japan will use its nuclear reactors to wean itself off energy from Russia and other sources, Prime Minister Fumio Kishida said on Thursday

CNOOC to Spend $2.4bn on China’s Largest LNG Tankers
CNOOC to Spend $2.4bn on China’s Largest LNG Tankers

CNOOC is the country's largest importer of the fuel and among state-owned companies leading a drive to expand capacity to meet rising import needs

Some China Refineries Buy Russian Oil Very Cheaply – FT
Some China Refineries Buy Russian Oil Very Cheaply – FT

The secretive deals put the spotlight on how importers keep off established routes to buy Russian oil at cheap rates

India Boosts Coal Output as Heatwave Threatens Power Supply
US Relieved as China Doesn’t Actively Help Russia
Australian ‘Big Battery’ Boosts Revenue at France’s Neoen
China Accounts for Most New Coal Power Projects, Study Finds
Construction Equipment Maker Caterpillar Sees China Demand Slip
Vale’s Indonesian Unit Signs Nickel Deal With China Partner
China Refines a Record Crude Oil Volume in 2021 But Exports Less

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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.