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Latest: Energy News

Private India Refiners ‘Now Paying for Russian Oil in Yuan’
Private India Refiners ‘Now Paying for Russian Oil in Yuan’

Sources claim two of India's three private refiners have settled some recent Russian oil import deals in Chinese yuan

Canada China Resource Fund Ends Amid Losses, Eroded Ties
Canada China Resource Fund Ends Amid Losses, Eroded Ties

Alberta Industrial Heartland and the Hong Kong-based private equity firm Can-China Global Resource Fund (CCGRF) have ended their tie-up amid 'big losses' and eroded bilateral ties

China’s Sinopec Starts First Green Hydrogen Plant in Xinjiang
China’s Sinopec Starts First Green Hydrogen Plant in Xinjiang

The facility is China's biggest green hydrogen plant and has the capacity to produce 20,000 metric tonnes a year, which will be produced using solar power to split water into hydrogen and oxygen

Pakistan Wins Initial IMF Agreement on Vital $3-Billion Bailout
China’s Shift to Renewable Energy Roaring Ahead – Guardian
US Says India Could Join Navy Patrols in South China Sea
India Preparing Multi-Billion-Dollar Battery Subsidies – FT
Tesla to See Record Quarter for China Sales, But Market Share Cut
India’s Current Account Deficit Narrows as Trade Improves
Chinese State Banks Selling Dollars to Slow Currency’s Decline

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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.