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Energy
The latest news, analysis and opinion on Energy. In-depth analysis, industry insights and expert opinion.
A coal-powered power station belches smoke in Datong, China’s northern Shanxi province, on November 4, 2021. Photo: AFP
China energy security

How China plans to make heavy industry greener through higher costs

Beijing’s latest road map aims to cut carbon emissions by 200 million tonnes by 2028 – but analysts say implementation may vary across regions.

Britain

UK charges Indian captain of suspected Russian shadow tanker seized in Channel

US, Israel war on Iran

US, Iran sign preliminary Hormuz deal ahead of formal ceremony

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US, Israel war on Iran

Relief and wariness: Asia watches US-Iran deal for real impact

While the deal may ease some economic pressure on Asian governments, the ‘real test’ is whether it will hold, analysts say.

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A man inspects his destroyed house after returning to Tibnin village, south Lebanon, on Monday following the announcement of an initial ceasefire agreement between the United States and Iran. Photo: AP
US-China relations

Will a US-Iran deal ease pressure on China’s sanctions-hit firms?

From refiners to shippers, Chinese firms have been swept up in Washington’s Iran sanctions campaign. Could a new US-Iran deal change that?

Iran

Video | Asian markets rise on news of US-Iran peace deal

Pakistan Prime Minister Shehbaz Sharif has confirmed that both nations have agreed to an immediate end to military operations on all fronts.

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China energy security

Strait of Hormuz still eerily quiet as doubts remain over ‘fragile’ peace deal

The only vessel moving in the waterway on Monday morning was a patrol ship, as analysts warned uncertainty lingered over the US-Iran agreement.

Vessels sit in the Strait of Hormuz, off the coast of Oman, on Sunday. Hundreds of vessels remain stranded in the strategic waterway. Photo: Reuters
Business of climate change

Abu Dhabi to tap Chinese tech to scale up green economy, energy chief says

China and Abu Dhabi ‘should move faster, collaborate deeper and scale together’, says the chairman of the emirate’s energy department.

Britain

British commandos board Russian shadow fleet tanker, Zelensky grateful

The UK has sanctioned almost 600 Russian oil tankers, as part of Western governments’ efforts to disrupt revenue that funds Russia’s war in Ukraine.

China-Latin America relations

US targets Cuba oil giant as Beijing and Havana deepen party ties

Secretary of State Marco Rubio announces sanctions on Union Cuba-Petroleo after Havana and Beijing hold positive bilateral talks.

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US Secretary of State Marco Rubio announces sanctions on Cuba’s state-owned oil and gas company Union Cuba-Petroleo on Thursday. Photo: Reuters
Malaysia

Malaysia’s hunt for Russian oil tests Anwar’s ‘friends with all’ policy

Sourcing crude from Moscow to counter Middle East supply shocks risks drawing a backlash from the West.

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Oil pouring from a barrel. Malaysia is seeking new oil sources, including Russia and Turkey. Photo: Shutterstock
Malaysia

Malaysia rises as Asean ‘middle power’ through new Japan LNG deal

Petronas’ 20-year agreement to supply JERA with LNG shows how Malaysia is using its natural resources to strengthen ties, analysts say.

China stock market

Red-chip listing to make Chinese green power producer Shenzhen’s biggest IPO

Wind and solar producer plans multiple projects amid China’s push to deepen its insulation from global oil-shock pressures.

United States

‘I love the inflation’: Trump embraces 3-year price high as Iran war hits home

US president’s off-handed comment on the latest price jump sparks a fierce political backlash.

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A sticker of President Donald Trump that has been placed on a petrol pump. Photo: AP
Singapore

Singapore PM Lawrence Wong to visit Russia, first since Ukraine war sanctions

Ties between Singapore and Russia nosedived after the city state imposed sanctions against Moscow over its invasion of Ukraine in 2022.

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Singapore’s Prime Minister Lawrence Wong listens to the keynote speech at the IISS Shangri-la Dialogue security summit in Singapore last month. Photo: Reuters
China's economic recovery

China starts building ‘water staircases’ at Three Gorges to double river cargo

New mega locks will double freight capacity at the world’s largest dam, linking China’s inland industrial hubs to coastal ports with a feat of complex engineering.

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China energy security

Driven by AI demand, China on track to pass US as top nuclear energy producer

Beijing is building new reactors at unrivalled speed – but the US still holds an edge in nuclear fusion research, analyst says.

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Asean

As Putin courts Southeast Asia, does ‘Russia need Asean more’?

Southeast Asia needs energy. Russia needs friends. Next week’s summit in Kazan could offer opportunities for both sides.

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Russian President Vladimir Putin takes part in a virtual Asean meeting via videoconference in 2021. Photo: Sputnik/ Kremlin/AP
Hong Kong environmental issues

Hong Kong data centres outpace global average for carbon footprint: UN study

City ranks among world’s largest data centre hubs in study, which calls for responsible strategy to tackle AI use.

Malaysia

Malaysia’s gas-guzzling data centre boom clashes with its clean energy goals

Across Malaysia, dozens of data centres hum around the clock, powered by electricity that increasingly comes from gas-fired turbines.

Japan

Macroscope | The problem with Japan’s bid to strengthen energy security, supply chains

By competing rather than dovetailing with the Belt and Road Initiative, the joint project with the World Bank reflects increasing regional fragmentation.

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World Bank president Ajay Banga and Japanese finance Minister Satsuki Katayama in Tokyo on June 1. Photo: Kyodo
China energy security

How China is cashing in on a global scramble for offshore oil and gas

Chinese firms dominate the global market for machinery used to extract offshore energy – a sector that is booming amid the Iran war.

Visitors view a model of the Haikui No 1, a new Chinese floating offshore facility, at a shipping industry expo in Tianjin. Photo: Xinhua
Japan

How everyday cooking oil is helping Japan fight an aviation fuel crisis

Japan is hoping the ‘Fry to Fly’ project will help its goal of procuring a tenth of airline fuel from sustainable sources by 2030.

US-China relations

Opinion | Energy now a focus of US-China contest of the century

As China and the US race towards energy dominance, attention to climate resilience and resource security can ensure positive outcomes for all.

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Artificial intelligence

China launches space computing hub as SpaceX gears up for historic IPO

New institute highlights Beijing’s bid to leapfrog energy bottlenecks and underscores how tech race with US is moving off-planet.

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The establishment of the institute marks a major step in the China-US AI rivalry, which is increasingly extending beyond Earth. Photo: Shutterstock
Middle East

Asia-Pacific to lead global retail sales, weather Middle East conflict

The region is projected to contribute to two-thirds of global new retail sales over the next five years, fuelled by e-commerce.

Customers check out products at a retail store in Kochi, India. Photo: Reuters
China-Latin America relations

China says US ‘invented’ terrorism charges to justify Cuba blockade

Foreign ministry rebutted Marco Rubio’s claim that Cuba sponsors terrorism and demanded an end to US sanctions on the island.

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Science

Why wind and solar power is going to ‘waste’ in China in the global energy crisis

Use of renewables held back by ‘inflexible management of coal power plants and power grids, not a lack of grid infrastructure’: CREA.

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