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Latest: Energy News

Australia Plans $360m Critical Minerals Funding to Offset China
Australia Plans $360m Critical Minerals Funding to Offset China

Prime Minister Scott Morrison unveiled funding for a slew of projects in Western Australia, saying the big state would become a powerhouse for Australia's allies

China’s NEV Growth Faces Obstacles, Says Fitch Bohua
China’s NEV Growth Faces Obstacles, Says Fitch Bohua

Fitch Bohua said NEVs were indispensable if China is to achieve peak carbon emissions before 2030 and “carbon neutrality” before 2060

Tsingshan Reaches ‘Standstill’ Deal With Banks on Nickel
Tsingshan Reaches ‘Standstill’ Deal With Banks on Nickel

The Chinese company and lenders will discuss a standby secured liquidity facility, Tsingshan said, without providing any other details

Mercedes-Benz to Maintain EV Spending, Says Chief
Oil Tumbles on China Lockdowns, Hopes for Iran Deal
Saudi Arabia, China in Yuan-Based Oil Sales Talks – WSJ
Reliance Buys Assets of Lithium Werks in Clean Energy Push
China Industrial Output, Retail Sales, Investment Beat Forecasts
India May Buy Discounted Russian Oil, Officials Say
Elon Musk Sees Major Inflation Risks at Tesla, SpaceX

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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.