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Energy

Energy
The latest news, analysis and opinion on Energy. In-depth analysis, industry insights and expert opinion.
A solar thermal and photovoltaic project in in northwestern China's Gansu province. Photo: Getty Images
Banking & finance

Transition boost: new platform funds emerging-market clean energy upgrades

World may need up to US$20 trillion over five to eight years to build or upgrade renewable energy facilities, HSBC executive says.

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China-Africa relations

How China’s green tech is undercutting US energy strategy in Africa

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US, Israel war on Iran

Iran plans new ‘exclusion zone’ outside Hormuz after ship attacks

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US, Israel war on Iran

US hits 3 Iranian oil tankers after warships targeted, military says

The US military said two of its vessels evaded ‘multiple unprovoked Iranian attacks’ before retaliating.

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A US fighter jet launches from an aircraft carrier. File photo: Reuters
China energy security

Why are fuel and petrochemical prices rising far faster than crude?

Global refined-product exports were down 25 per cent year on year in August, with losses concentrated in Russia and the Persian Gulf, analysts say.

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Science

New Energy | China’s solar, wind innovations amid rapid green power buildout

Chinese firms seek cheaper, more reliable renewable power as the government targets increasing its contribution to the national energy mix.

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Mainland China

Pipes, power and petaflops: what’s behind China’s big ‘6 networks’ push

With US$1 trillion earmarked for this year alone, a look at where and why Beijing is investing, where progress stands and what comes next.

Employees work on power lines in Wuhu, in eastern China’s Anhui province, on April 1, 2026. Photo: Xinhua
War and conflict

Norway seizes Russian ship over US$4.2 billion claim by Ukrainian energy firm

Naftogaz was awarded the sum after Russia seized its assets when it invaded Crimea in 2014, while Moscow calls the seizure ‘piracy’.

SCO

SCO takes landmark stand on nuclear security as Iran comes under renewed attack

The bloc underscores members’ rights to peaceful nuclear development in broader pushback at Western powers, analyst says.

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Singapore

Can Singapore be the ‘natural choice’ to bridge Asean and Central Asia?

Senior Minister Lee Hsien Loong says Singapore aims to explore ways to boost cooperation between both regions in various sectors.

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Singapore’s Senior Minister Lee Hsien Loong (left) and Kazakh President Kassym-Jomart Tokayev reaffirm the long-standing relations between both states last month. Photo: Ministry of Digital Development and Information
US-Venezuela conflict

‘Direct hit’: China dealt blow as US-backed firm takes over Venezuelan oilfields

Venezuela was the biggest recipient of China’s lending to Latin America, and Beijing is unlikely to recover debts, one analyst says.

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An oil refining plant of state-owned Petroleos de Venezuela in Anzoategui state, Venezuela. Photo: AFP
Americas and the Caribbean

Chevron to expand Venezuela oil operations with US$7 billion plan

The US energy giant aims to double production, even as analysts warn that the nation’s decrepit infrastructure would take years to fix.

US, Israel war on Iran

As oil tops US$97, US-Iran war escalation has markets bracing for supply risks

Fresh military strikes in the Middle East have sent energy prices surging, leaving traders to grapple with renewed volatility.

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China energy security

Beyond coal: China’s installed solar power capacity crosses historic threshold

Beijing says the transition marks a turning point but integrating the 31.5 per cent share still requires a multi-trillion-yuan push to forge a modern grid.

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Solar panels on a hillside at an agricultural photovoltaic power station in Qianxi city, southwestern China’s Guizhou province, on August 17. Photo: AFP
United States

Trump puts pressure on squeezed US oil refiners to ease pump prices

Industry executives were also asked how the US can process more Venezuelan crude.

A cyclist rides past the Chevron Products Company refinery, one of California’s largest petroleum processing facilities, in El Segundo, in April. Photo: AP
US, Israel war on Iran

US carries out new strikes on Iranian targets as hostilities flare

Iran targets American interests in Gulf states after US forces attack Iranian air defence sites, radar systems and maritime assets.

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Commodities

China discovers major copper and gold deposit in Anhui province

Ministry of Natural Resources says Chating deposit could contain more than 1 million tonnes of copper and 200 tonnes of gold.

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Germany

Explosive devices damage power lines near German coal plant

At least one device detonated, but others failed to go off. No one was hurt and there was no major blackout in the area.

Units at the Jaenschwalde power Plant. The Preilack substation distributes electricity generated at the Jaenschwalde plant both regionally and beyond. Photo: dpa
US, Israel war on Iran

Trump to meet US oil executives as Iran war keeps fuel prices high

White House pushes for increased refining capacity after announcing huge US stake in Venezuela oil.

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SCO

Xi, Putin vow to deepen strategic ties after meeting at SCO summit

Xi said relevant departments from both sides are implementing initiatives he and Putin discussed during Putin’s state visit to China in May.

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PetroChina

PetroChina’s first-half profit jumps 22% despite Iran war oil supply crunch

As LNG and EV adoption bite into traditional fuel sales, higher global crude prices help the state-backed giant deliver strong earnings.

The PetroChina logo is displayed on a smartphone screen. Photo: Shutterstock
Indonesia

Orangutan rescued from Borneo fire battles respiratory illness

Indonesia has intensified efforts to contain forest and land fires across six provinces in Borneo and Sumatra.

Veterinarians treat an orangutan named Sampurna during a rescue operation at a palm-oil plantation near an area affected by wildfires, in Kuala Satong village, Ketapang regency, West Kalimantan province, Indonesia, on Sunday. Photo: Reuters
US-China relations

Opinion | Will US threats over Iran be the last straw for Beijing?

China’s measured stance since the Xi-Trump summit in May is reaching a tipping point as US pressure mounts.

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Malaysia

Malaysia’s Anwar unveils cost of living measures as opposition rises

Anwar ⁠has faced declining support over a perceived failure to deliver on reforms as well as the mishandling of several high-profile corruption cases.

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Venezuela

‘The oil is ours’: furore grows as Venezuela defends deal with Trump

The agreement, which critics call an abdication of sovereignty, risks becoming a political liability for interim leader Rodriguez.

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An oil tanker sails off the coast of Maracaibo, Venezuela, on Saturday. Photo: EPA
US-Venezuela conflict

Trump says US to take control of 65 billion barrels of Venezuela oil reserves

The US president faces mounting pressure to address high petrol prices as Iran war hits a six-month milestone with no conclusion in sight.

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A gas flare burns at the Cardon refinery in Punta Cardon, Venezuela, in May. Photo: Reuters
Belt and Road Initiative

In Focus | Can Beijing’s gateway plan for Tibet survive geopolitics and natural disasters?

Beijing hopes trade will stabilise Tibet, but friction with India and the looming Dalai Lama succession are hampering its efforts.

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US-China relations

Opinion | US and China must team up to keep maritime trade routes free and safe

The Strait of Hormuz crisis shows neither state benefits when key waterways can become instruments of political pressure or economic coercion.

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