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Latest: Energy News

India Burns Even More Coal Despite Climate Pledge Pressures
India Burns Even More Coal Despite Climate Pledge Pressures

India, the world’s third-largest greenhouse gas producer, has upped its coal-fuelled power generation after Russia’s invasion of Ukraine sent costs of cleaner fuels soaring

Chinese, UAE Firms Hit With US Sanctions Over Iran Oil Trading
Chinese, UAE Firms Hit With US Sanctions Over Iran Oil Trading

Another 13 companies in China, Hong Kong and the UAE have been hit with US sanctions for helping to sell "hundreds of millions of dollars" of Iranian oil and oil products to buyers in East Asia

PBOC Governor Yi, Janet Yellen Hold ‘Frank’ Meeting at G20
PBOC Governor Yi, Janet Yellen Hold ‘Frank’ Meeting at G20

This was Yellen's first in-person conversation with a top Chinese economic official amid lingering tensions between Washington and Beijing

US, Japan Raising $20bn for Indonesia’s Shift from Coal
China Faces Huge Transition from Coal to Clean Energy – SCMP
Canada Charges Hydro-Quebec Worker as China EV Spy – BBC
India Free to Buy All the Russian Oil it Wants, Yellen Says
Solar Power Saves India $4.2 Billion in Fuel Costs – Mint
US Crackdown on China ‘Slave Labour’ Blocks Solar Projects
India Doubles Down on Russia Oil Deals Despite Yellen Visit

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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.