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Latest: Energy News

Russia’s Sanctions-Hit Sibur Expands China Payments
Russia’s Sanctions-Hit Sibur Expands China Payments

The company offers delivery to several inland destinations, including Chengdu, Chongqing, Linyi, Yiwu, Shengyang, Suzhou and Shijiazhuang

Shell in Talks With China Majors Over Russia Stake – Telegraph
Shell in Talks With China Majors Over Russia Stake – Telegraph

The London-listed company is in joint talks with Chinese state-run oil companies CNOOC, CNPC and Sinopec over its 27.5% holding

Myanmar Modifies Forex Order to Exempt Foreign Groups
Myanmar Modifies Forex Order to Exempt Foreign Groups

The order will not apply to companies with approved foreign investments, firms in special economic zones, UN agencies, embassies, INGOs and state airlines

Australia’s BHP Misses Estimates as Covid Crimps Ore Output
CNOOC Shares Suspended After Hitting Upper Limit on Debut
Unit of Chinese Battery Maker CATL Wins Lithium Mine Rights
India’s Tata Steel Halts Coal Imports from Russia
Japan’s Biggest Refiner Puts Russian Crude on Hold
US-Based Hyzon Setting up Australian Hydrogen Fuel Depot
China Imports Less Crude Oil From Saudi Arabia, Russia

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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.