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Latest: Energy News

Tesla Seen Looking at Battery Factory in India, as Well as EVs
Tesla Seen Looking at Battery Factory in India, as Well as EVs

Sources say CEO Elon Musk is keen to build two factories in India - one for electric vehicles, and a second plant to make and sell the group's "Powerwall" battery

Drop in Hydropower Forcing China and India to Use More Coal
Drop in Hydropower Forcing China and India to Use More Coal

A big fall in hydropower being generated by dams in China and India this year has forced the two Asian giants to use more coal and fossil-fuel sources

Nikkei, Hang Seng and Asian Indexes Retreat on Hawkish Fed
Nikkei, Hang Seng and Asian Indexes Retreat on Hawkish Fed

China’s blue-chip dipped 0.8%, with Hong Kong’s Hang Seng and the ASX in Sydney both tumbling 1.3%, while the BSE Sensex in Mumbai was also down 0.85%.

China Blocked Exports of Two Chipmaking Metals in August
Toshiba to Delist After $13.5bn Takeover by JIP and Allies
France Reworks Subsidy Criteria to Cut-Off Chinese EVs – Nikkei
Billions at Stake as India-Canada Ties Sour on Sikh Murder
EU Leaders Fear Dependency on Chinese Batteries, Fuel Cells
China Sanctions US Defence Firms For Arms Sold to Taiwan
Shanghai Exchange Looking at Nickel Futures, May Rival LME

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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.