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Energy

Energy
The latest news, analysis and opinion on Energy. In-depth analysis, industry insights and expert opinion.
US Secretary of State Marco Rubio announces sanctions on Cuba’s state-owned oil and gas company Union Cuba-Petroleo on Thursday. Photo: Reuters
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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Malaysia

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

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Malaysia

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

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.

China Resources New Energy is set to become the first Shenzhen-listed company incorporated overseas but operating mainly in mainland China under the red-chip structure. Photo: Roy Issa
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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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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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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A construction site is seen on Monday in an early-phase excavation zone of a new Three Gorges waterway project in Yichang, Hubei province. Photo: Xinhua
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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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.

The Sandy Ridge Data Facility Cluster near the border with Shenzhen. Hong Kong has 61 data centres and the number is expected to increase to 81 by 2030. Photo: Edmond So
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.

A gas-fired power plant in Melaka. Gas-fired power generation has surged in Malaysia, driven by data-centre growth, electrification, climate stress and electric-vehicle uptake. Photo: Shutterstock
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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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.

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.

A woman brings used cooking oil to a waste oil collection point for Japan’s “Fry to Fly” project in Adachi ward, Tokyo, on April 18. Photo: Reuters
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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Workers inspect a wind turbine on April 23, in China’s Jilin province. Photo : Xinhua
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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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.

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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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A portrait of former Cuban leader Raul Castro is seen in Havana, as Cuba grapples with economic hardship and renewed pressure from Washington. Photo: Reuters
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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Malaysia

Malaysia taps Hong Kong battery firm to power ambitions for electricity grid

The deal will help tackle solar storage challenges and comes as Malaysia prepares to roll out its first major grid-scale battery procurement.

China energy security

Global oil stockpiles could fall to ‘critical levels’ by summer, IEA warns

Even China’s inventories are now starting to decline, with Gulf oil supplies likely to take months to recover even if a peace deal is agreed.

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An oil pumpjack is seen in the US state of North Dakota. The US-Israel war on Iran has upended global oil markets, with stockpiles likely to fall to “critical levels” by summer, according to the International Energy Agency. Photo: AFP
The Philippines

Philippines’ Marcos gets worst rating of his presidency so far. Here’s why

A net satisfaction rating of minus 15 marks the worst showing of Ferdinand Marcos Jnr’s presidency so far.

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Philippine President Ferdinand Marcos Jnr at a press conference in Tokyo on Thursday. Photo: Kyodo
US, Israel war on Iran

Letters | Asia can’t wait for the US to lift its naval blockade on Iran

Readers discuss how to make the blockade costly for Washington, the Power of Siberia 2 pipeline, and the success of a grass-roots film.

Malaysia

Why oil-hungry Asia ignores risks linked to Russia’s ‘dark fleet’

Asia prioritises fuel needs over security risks from Russian oil to survive the energy crisis, despite sanctions and diplomatic dilemmas.

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US, Israel war on Iran

Oil prices rally on Hormuz talks but will Asia’s energy woes ease?

Analysts say recovery ‘will take a far longer time’, with ship backlogs and damaged facilities weighing on Asia’s energy importers.

A worker fills up a motorcycle at a petrol station in Quezon City, Metro Manila, the Philippines, in March. Photo: Reuters
China trade

‘Unsustainable’: firms face huge spike in shipping costs amid Hormuz crisis

Shipping lines say they have no choice but to pass on steep cost rises, as the Iran war sparks a fuel crisis that could last well into next year.

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A container ship is moved into position at a port in China’s eastern Shandong province. Photo: AFP
Hong Kong economy

Impact of Middle East war on Hong Kong’s inflation limited, finance chief says

Inflation forecast raised to 2.6 per cent, but Financial Secretary Paul Chan says service-based economy and stable mainland Chinese supplies cushion impact.

US-China relations

Opinion | US quietly plays the long game on energy dominance against China

Behind the Trump administration’s detente with Beijing lies a strategy to redirect global energy flows and disrupt Chinese competitiveness.

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