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Latest: Energy News

Mitsui Invests $631m in Aker’s Mainstream Renewable
Mitsui Invests $631m in Aker’s Mainstream Renewable

Japanese trading house Mitsui has agreed to invest 575 million euros ($631 million) for a 27.5% stake in Mainstream Renewable Power, a company controlled by Norway's Aker Horizons

Indigenous Australians Petition Korea Court Over $3.6bn Pipeline
Indigenous Australians Petition Korea Court Over $3.6bn Pipeline

People from Tiwi Islands and Larrakia Traditional Owners seek injunction from Seoul Central District Court to block loans to deep-sea pipeline planned off northern Australia

Australian Coal Miner New Hope Quadruples Dividend
Australian Coal Miner New Hope Quadruples Dividend

The company posted a profit attributable to shareholders of A$330.4 million ($244.23 million) for the six months ended January 31, compared with a loss of A$55.4 million a year earlier

Indian Goods Exports Cross $400bn Target – The Hindu
LG to Invest $1.7bn to Expand EV Battery Plant in Michigan
Hyundai Shipyard Sells $300m in Green Bonds – Korea Herald
Japan Lifts Power-Supply Warning for Tokyo, Nearby Areas
China Targets 200,000 Tonnes of Green Hydrogen a Year
China, Saudis Aim For Petro-Yuan – Sylvain Saurel
Saudi Arabia and China: New Best Friends? – Deutsche Welle

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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.