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Latest: Energy News

Chinese Tycoon’s ‘Big Short’ on Nickel Trips Up Tsingshan Growth
Chinese Tycoon’s ‘Big Short’ on Nickel Trips Up Tsingshan Growth

One of the world's top nickel producers faces massive losses on its short positions after prices soared over $100,000 per tonne last week and forced LME to halt nickel trading

Australia’s Morrison Faces Heat on $20.8bn Fuel Excise – SMH
Australia’s Morrison Faces Heat on $20.8bn Fuel Excise – SMH

A change to the excise is on the agenda in the internal debate over the March 29 budget alongside a tax plan designed to win back voters at the election due in May

Jokowi Says Indonesia Won’t Budge on Ore Export Ban – Globe
Jokowi Says Indonesia Won’t Budge on Ore Export Ban – Globe

EU filed a complaint against Indonesia at WTO for the Southeast Asian country’s restriction on nickel ore export, but Indonesia remains unbothered

India Eyes Incentives to Boost Green Hydrogen, Ammonia – ET
Tycoons Back Australian Solar PowerLink for Singapore – SCMP
Indonesian Coal Stocks Soar Over Russia Supply Concerns – Nikkei
China Runs Into Congo Hurdle in Race for Cobalt – WSJ
Oil Surge Reshapes Outlook for Asian Stocks, Currencies – SCMP
Transport, Logistics Feel the Heat As Oil Prices Spike – ST
Russia Taps India For Investment in Oil and Gas Sector

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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.