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Latest: Energy News

China-Russia Trade Worth $218bn as Moscow Leans More on Beijing
China-Russia Trade Worth $218bn as Moscow Leans More on Beijing

For November alone, bilateral trade between the two nations rose to $21.5 billion, the highest since February 2022 when the Ukraine war began

China Slams Plan to Cut it From US EV-Battery Supply Chain
China Slams Plan to Cut it From US EV-Battery Supply Chain

China says the US Treasury's move to block tax credits for electric vehicles if they have batteries or other parts from China violates world trade policies

EU Leaders Meet Xi in Beijing Amid Concern on Trade Imbalance
EU Leaders Meet Xi in Beijing Amid Concern on Trade Imbalance

European leaders meet President Xi in Beijing for talks on their huge trade imbalance, to EV subsidies, plus the bloc's push to 'de-risk' from China. Both sides were low on expectations

Electric Vehicles Speeding up The Demise of the Oil Era: IEA
Push for Phase-Out of Fossil Fuels on the Table at COP28
EU Leaders Flying in for Economic Summit in China This Week
Toyota Plans Expanded Electric Vehicle Line-up for Europe
Only One Development Bank Vowing to Halt Funds for Fossil Fuels
Indonesia, ADB, Owners to Shut Coal Power Station Early
COP28: Over 110 Nations Join Deal to Triple Renewable Energy

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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.