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Latest: Energy News

China and Brazil Agree to Dump Dollar for Trade – AFP
China and Brazil Agree to Dump Dollar for Trade – AFP

China and Brazil have struck a deal to trade in their own currencies instead of the US dollar, the Brazilian government said on Wednesday, in another hit to US economic influence

Nio Trials Stations to Swap EV Batteries in Under 5 Minutes
Nio Trials Stations to Swap EV Batteries in Under 5 Minutes

The Chinese electric vehicle maker is pushing to make battery swapping a viable alternative to rivals' rapid-charging technology

US, Japan Set to Sign Trade Deal on EV Battery Minerals
US, Japan Set to Sign Trade Deal on EV Battery Minerals

The deal aims to strengthen their battery supply chains, by reducing dependence on China, and help Japanese carmakers access to a new tax credit for electric vehicles in the US.

China’s CATL to Mass Produce Cheaper M3P Batteries This Year
Greed, Inefficiencies Fuel China’s Costly New Coal Power Plants
Australia’s Potential $11.3bn Batteries Bonanza: Accenture
Russia Eyes Gains As Xi-Putin Sign Power-of-Siberia 2 Gas Deal
US Study Says India Could be Energy-Independent by 2047 – WION
Xi Arrives in Moscow Just as Putin Becomes War Criminal
India Using SWIFT Payment System For Dollar Trade With Russia

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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.