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Latest: Energy News

China Oil, Gas Giants Accused of ‘Greenwashing’ LNG Purchases
China Oil, Gas Giants Accused of ‘Greenwashing’ LNG Purchases

Greenpeace says firms like PetroChina and CNOOC Gas and Power are buying misleadingly labelled "carbon neutral" liquefied natural gas

Russian Oil Trading with India Still Plagued by Currency Woes
Russian Oil Trading with India Still Plagued by Currency Woes

Indian refiners have trouble paying for oil because Moscow prefers yuan, while Delhi likes to settle deals in UAE dirham, but that now involves extra clearing requirements

Spiralling China Lithium Prices Hit 26-Month Low on Supply Glut
Spiralling China Lithium Prices Hit 26-Month Low on Supply Glut

Spot lithium prices in the world's top producer of the battery metal were effectively down close to 80% year-on-year

Australia’s Clean Energy Plan Delays $10.6bn Origin Takeover Bid
China-Tied Fund Seeks to Axe Australia Rare Earths Firm’s Head
Global Subsidies For Oil, Gas and Coal Now Reach $7 Trillion: IMF
Xinjiang Rules: $640m of SE Asian Exports Held up at US Ports
Swedish Eco-Battery Could Break China Reliance – Guardian
China-Saudi Sign $7bn Currency Swap Deal in Fresh Hit to Dollar
Stellantis and CATL to Build EV Battery Factory in Europe

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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.