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Latest: Energy News

Vietnam Seen Facing Tariffs as Trade Surplus With US Soars
Vietnam Seen Facing Tariffs as Trade Surplus With US Soars

Trump's son has cited Vietnam among countries that "ripped off" the US, according to a video shown at a conference in Hanoi last week set up by American business chambers

Chinese EV Firms Find a Way Around EU Tariffs – Selling Hybrids
Chinese EV Firms Find a Way Around EU Tariffs – Selling Hybrids

Exports of plug-in hybrids and conventional hybrids accounted for 18% of China's total vehicle sales to Europe. That was double their 9% share in the first quarter.

General Motors’ Operations in China Take a $5-Billion Hit
General Motors’ Operations in China Take a $5-Billion Hit

US carmaker says it will record non-cash charges of more than $5 billion on its joint venture with SAIC in China, one for the rejig of operations, and another on its reduced value

Malaysia Tells Chinese Firms: Don’t Use Us to Dodge US Tariffs
China Hits Back at US Bans, Halts Export of Key Chip Materials
Saudi, Oil Producing States Block Hopes for UN Plastics Treaty
Asian Steelmakers Failing on Shift to Renewables, Survey Finds
Hope Grows China Emissions May Have Peaked – or Will Next Year
Ruble Plunges After US Sanctions GPB, Dozens of Russian Banks
Adani Case Exposes Flaws in India’s Clean Energy Rollout

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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.