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Latest: Energy News

India Seen Sealing Controversial Russia Trade Deal
India Seen Sealing Controversial Russia Trade Deal

India and Russia have finalised a rupee-rouble payment mechanism to get around western sanctions because of the war in Ukraine, according to industry sources.

India Minister Takes Hydrogen Car to Work: Tweet of the Day
India Minister Takes Hydrogen Car to Work: Tweet of the Day

Sharing images of his arrival at the country’s Parliament, Transport Minister Nitin Gadkari’s official Twitter account said the Indian government is dedicated to a green hydrogen mission.

CNOOC Plans to Raise $5.5bn from Shanghai Listing
CNOOC Plans to Raise $5.5bn from Shanghai Listing

The state-owned oil giant said in a prospectus it plans to sell 2.6 billion shares on April 12 and list on the Shanghai Stock Exchange

US Warns India, Others Against Big Buy-Up of Russian Oil
China Molybdenum Hails Progress in African Mine Dispute
Australian Uranium Miners Vimy, Deep Yellow in $495m Merger
US Weighs Largest-Ever Draw From Emergency Oil Reserve
Japan Moves to Secure Vital Materials Over War Shortages
Energy Buyers Warn of Weak Yen Threat – Japan Times
EVs in Spotlight at Bangkok Show as Petrol Price Soars

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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.