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Latest: Energy News

EU’s Josep Borrell Says Iran Nuclear Agreement ‘Very Close’
EU’s Josep Borrell Says Iran Nuclear Agreement ‘Very Close’

The failure of efforts to restore the pact could carry the risk of a regional war, or lead to more harsh Western sanctions on Iran, analysts say

Iran Says Saudi-Kuwaiti Deal to Develop Durra Gas Field ‘Illegal’
Iran Says Saudi-Kuwaiti Deal to Develop Durra Gas Field ‘Illegal’

Kuwait signed a deal with Saudi Arabia to develop the Durra field, which is expected to produce 1 billion standard cubic feet per day of gas and 84,000 barrels per day of condensates

Short-Seller Says Lithium Miner Firefinch is Wildly Undervalued
Short-Seller Says Lithium Miner Firefinch is Wildly Undervalued

A rare positive report from J Capital said Firefinch's main assets - the Goulamina project in Mali in West Africa – were significantly undervalued because of 'political risk'.

Tesla Cancels Indonesia Battery Factory Plan – Straits Times
China to Spend $1.7bn on Power Line Projects – Xinhua
Mitsui Invests $631m in Aker’s Mainstream Renewable
Indigenous Australians Petition Korea Court Over $3.6bn Pipeline
Australian Coal Miner New Hope Quadruples Dividend
Indian Goods Exports Cross $400bn Target – The Hindu
LG to Invest $1.7bn to Expand EV Battery Plant in Michigan

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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.