Indian Refiners Use Yuan via ICICI Bank to Pay for Iranian Oil Under U.S. Sanctions Waiver 
South Korea Economy Rebounds on Semiconductor Export Surge Amid Middle East Risks 
Huawei Expands Vietnam Presence Through Strategic Partnership with SHB Bank 
JAPEX Shares Drop as Middle East Tensions Drive LNG Costs and Production Risks 
Drug pollution in water is making salmon take more risks – new research 
An unexpected anomaly was found in the Pacific Ocean – and it could be a global time marker 
Energy Price Spike Won't Trigger Lasting Inflation, Analysts Say 
OPmobility Reports Q1 Revenue Dip Amid Automotive Industry Slowdown 
Japan Inflation Expectations Rise as BOJ Rate Hike Timing Faces Uncertainty 
Rising U.S.-Iran Conflict Fuels Oil Market Volatility and Ceasefire Uncertainty 
U.S. Stock Futures Fall as Iran Tensions Escalate and Oil Prices Surge 
J.P. Morgan Downgrades Essity AB on Rising Costs and Weak Earnings Outlook 
Indonesia and Toyota Explore $300M Bioethanol Investment to Boost Renewable Energy Goals 
Ukraine minerals deal: the idea that natural resource extraction can build peace has been around for decades 
Shell Energy Operations and Macquarie Asset Management’s Green Investment Group (GIG) are collaborating on a 200-MW/400-MWh battery energy storage project in Victoria, Australia.
Australia-based Perfection Private has joined as a minority equity partner.
The partners have already achieved financial closure on the project and are expected to finalize it late next year,
Dubbed Rangebank BESS, the system will have the storage capacity to supply roughly 80,000 homes across Victoria for an hour during peak periods.
Its operation will help stabilize the state’s electricity network by discharging electricity at peak demand periods.
Fluence Energy Inc, the energy storage joint venture of AES Corp and Siemens AG, will build, service, and maintain the energy storage facility.
Shell Energy will have access to 100 percent of the battery’s capacity under a 20-year power off-take agreement.
Meanwhile, GIG will transfer its stake to Eku Energy, its standalone battery-storage-focused business.
