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Latest: Energy News

China Carbon Trade Turnover to Reach $15bn – SCMP
China Carbon Trade Turnover to Reach $15bn – SCMP

The increase in volume will come as the country’s Emissions Trading Scheme takes shape this decade. The scheme is expected to undergo upgrades this year.

$100m Loan To Fund Rare Earths Mine In Western Australia: FT
$100m Loan To Fund Rare Earths Mine In Western Australia: FT

The Australian government agreed on Wednesday to provide a US$100m loan to fund the Yangibana rare earths mine proposed by Hastings Technology Metals in the Gascoyne region

JERA Aiming For 1GW of Solar Power In Japan Over 5 Years
JERA Aiming For 1GW of Solar Power In Japan Over 5 Years

JERA aims to be Japan's biggest solar power operator. It will ask partner West Holdings to build solar power farms at about 7,000 sites, including former JERA power plant sites

Iraq Biggest Beneficiary as Beijing Pivots on Belt and Road
Oil Climbs Towards 7-year Highs, All Eyes on OPEC+ Move
Rio Admits to ‘Disturbing’ Culture of Bullying, Harassment, Racism
Prominent US Politicians Demand Tighter SMIC Export Restrictions
China Sets First Rare Earth Mining Quotas for 2022
Japan Activists Decry Funding of Bangladesh Coal Power Plant
Gold Glitters Again as Weddings, Inflation Boost Demand

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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.