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Latest: Energy News

EU Urges China to Commit to Renewable and Methane Targets
EU Urges China to Commit to Renewable and Methane Targets

EU Energy Commissioner keen for Beijing to back global plan to cut methane and commit to tripling of renewable energy capacity by 2030, but the two sides have concerns on other issues as well

China Reaps $10bn Dividend From Western Oil Sanctions
China Reaps $10bn Dividend From Western Oil Sanctions

The US State Department says price caps on Russian oil lets buyers, like China, "drive a harder bargain" in their purchases

Emergen Completes First Solar Storage Project in China
Emergen Completes First Solar Storage Project in China

Solar project developer said on Tuesday it completed connecting its inaugural solar storage project to the grid in Ningbo in China's Zhejiang Province late last month

EU to Target Chinese Steel for Subsidies After EVs, Wind Turbines
China Funds Seek Backers in Middle East as US Investors Retreat
Economic Risks Mount for Asia as Israel Declares War on Hamas
EU May Also Probe China Subsidies for Wind Turbines – FT
China’s New Nuclear Submarines Seen as Tougher to Detect
Aussie Billionaire Could Block $4.3bn Takeover of Lithium Miner
India’s Reliance Reveals Swappable Batteries for EVs, Appliances

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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.