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Latest: Energy News

Record Amounts of Russian Oil Continue to Flow Into China
Record Amounts of Russian Oil Continue to Flow Into China

About 2 million barrels of cheap Russian crude oil flowed into China every day in June, according to industry monitors, who said supplies from Africa and the Middle East were being squeezed out

Nuclear Power Unit Said to Lure Tepco Into Toshiba Takeover
Nuclear Power Unit Said to Lure Tepco Into Toshiba Takeover

The energy utility's Tokyo-listed shares fell 6% in afternoon trading on Wednesday after a report it might join a state-backed bid to buy the troubled conglomerate

Chinese Mining Company CMOC Told to Halt Congo Exports
Chinese Mining Company CMOC Told to Halt Congo Exports

An administrator appointed by a court in the Democratic Republic of Congo to run the world's second-largest cobalt mine told CMOC to suspend marketing as well as production

‘Bankrupt’ Sri Lanka Says Inflation Headed for 60%
China, Russia Dominate Nuclear Reactor Construction, IEA Says
India Energy Export Tax Sends Reliance Shares Down 8.7%
Mitsui, Mitsubishi Shares Fall as Russia Takes Over Sakhalin-2
Power Plants in Three Gorges Sold to China Yangtze For $12bn
Australia Expects 60% of Coal Power Output to Cease by 2030
China’s Tianqi Lithium Seen Launching $2bn Hong Kong Listing

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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.