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Latest: Energy News

Ukraine Crisis May Hit Asian Nations Relying on Russian Oil, Gas
Ukraine Crisis May Hit Asian Nations Relying on Russian Oil, Gas

Russia is the second largest supplier of crude oil to China and its third biggest gas supplier. It is also a major oil supplier to South Korea, while it also sells coal to Japan, Vietnam and India.

Business, Politics Fuel China’s Lithium Quest – SCMP
Business, Politics Fuel China’s Lithium Quest – SCMP

As major economies shift to electric cars in the global fight against climate change, lithium is being increasingly called “white gold”, as prices have soared over the past year.

Australia’s AGL rejects $3.5bn Offer, Investors Expect More
Australia’s AGL rejects $3.5bn Offer, Investors Expect More

AGL said the A$7.50 a share proposal from the Canadian group and Cannon-Brookes at a 4.7% premium to the stock's Friday close undervalued it

Singapore to Raise its Carbon Tax 500% in 2024
UN Plans Tougher Emissions Standards for Aircraft
India Takes Green Hydrogen Route in Clean Energy Push
Consumer Prices Rise in Japan, Delaying Interest Rate Move
Asian Oil Refiners Hope for Iran Talks Breakthrough
Australia’s Newcrest Reports Profit Slump as Output Dips
Ukraine Conflict Would Have ‘Uneven’ Asia-Pacific Impact

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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.