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Latest: Energy News

Hopes for Xi-Trump Summit Hinge on US-China Trade Talks in KL
Hopes for Xi-Trump Summit Hinge on US-China Trade Talks in KL

Trade officials from the US and China will meet in Kuala Lumpur this weekend to try to reach a trade deal that allows their leaders to meet in Seoul next week.

US Sanctions Force Indian, Chinese Refiners to Cut Russian Oil
US Sanctions Force Indian, Chinese Refiners to Cut Russian Oil

Major oil importers in India and China told industry and trade sources on Wednesday they will refrain from buying seaborne Russian oil after the US hit Lukoil and Rosneft with sanctions. Most refiners are now reportedly looking at alternate sources.

Oil and Gas Firms, Governments Silent on Methane Leaks, UN Says
Oil and Gas Firms, Governments Silent on Methane Leaks, UN Says

Most governments, and oil and gas companies, are not acknowledging alerts from the global satellite system warning them about methane leaks, the UN says

Japan’s New PM to Meet Trump, ‘Will Buy US Soybeans, Pickups’
Japan Turns to the Right, Elects Sanae Takaichi as PM
US, Australia Sign $8.5bn Deal on Rare Earth, Gallium Projects
Spotlight on Rare Earths, Soybeans as US-China Trade Talks Loom
China Reports 4.8% 3rd Quarter Growth Prior to Talks With US
Trump Admits Threat of 100% Tariffs on China is ‘Not Sustainable’
China’s Sanctions on Hanwha Target US-Korean Shipbuilding Plan

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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.