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Energy
The latest news, analysis and opinion on Energy. In-depth analysis, industry insights and expert opinion.
A tanker shown in an image posted by Iran’s embassy in Kuala Lumpur, which said it was the first Malaysian-linked vessel to pass through the Strait of Hormuz. Photo: x / iraninmalaysia
Malaysia

Iran ‘does not forget its friends’ as Malaysia-linked ships pass through Hormuz

The move signals Tehran’s use of access to Hormuz as leverage, analysts say, while drawing scrutiny over Malaysia’s oil transfers.

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China energy security

China starts work on solar plant under extreme conditions, amid energy crisis

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Singapore

Singapore set to be hit by global energy crisis as it unveils countermeasures

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The Philippines

Filipino farmers leave crops to rot as fuel prices drive up cost of harvest

It costs farmers 30 US cents to produce a kilogram of cabbage, which sells for as little as 5 US cents.

A farmer harvests cabbages at a farm in Atok in the Philippines on March 31. Photo: Reuters
Electric & new energy vehicles

New Energy | Green hydrogen drive may help China reach carbon-neutral goal

Renewable power and government support may slash the costs of green hydrogen production and convince potential users to adopt the fuel.

Ukraine war

Ukraine proposes ceasefire on striking energy targets to Russia

Ukraine’s president says the proposal has been conveyed to Moscow through the US.

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Thailand

Oil smugglers in Thailand worsen supply crisis as Anutin warns of tough times

Police are investigating alleged oil hoarding in southern Thailand and reselling to nearby countries, citing ‘abnormal’ vessel movements.

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A Thai farmer refuels diesel into an oil drum at a gas station in Ayutthaya province on Wednesday. Thai farmers are struggling with shortages of diesel, fertiliser and insecticides amid the ongoing Iran war. Photo: EPA
Hong Kong transport

Hong Kong bus firm scraps service cuts after warning from authorities

ABC Touring Car Company says rising oil prices mean “every service is like pouring money into the sea”.

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South Korea

South Korea aims to send ships to Saudi port for oil to bypass Hormuz

Special envoys will also sail to Oman and Algeria to try to secure oil via other routes, said lawmaker Ahn Do-geol.

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Malaysia

Can palm biodiesel be Malaysia’s quick fix for soaring fuel prices?

Infrastructure costs, supply chains and industry readiness could pose problems for wider adoption of biodiesel blends, analysts say.

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A man holds a nozzle at the petrol station in Negri Sembilan. Diesel in Peninsular Malaysia rose to 6.02 ringgit a litre for the week of April 2 to 8. Photo: EPA
Asia housing and property

The View | Quirks of Asia’s energy markets work to the benefit of data centres

Asia’s unique energy markets, power sourcing strategies and vast digital infrastructure requirements underpin the sector’s resilience.

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Construction workers walk to a data centre under construction at Sedenak Tech Park in the Johor state of Malaysia on September 27, 2024. Photo: AP
Malaysia

AirAsia X hikes fares by 40%, cuts capacity by 10% as Iran war impacts fuel

Founder Tony Fernandes said the higher prices were ‘unavoidable’ after the average cost of jet fuel more than doubled to US$200 per barrel.

Japan

Japan’s Takaichi seeks urgent summit with Iran as Trump’s Hormuz deadline looms

Japan has been bearing the brunt of the Iran war as the resource-poor nation relies on the Middle East for most of its crude oil imports.

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Hungary

Orban appears to blame Ukraine after explosives found on gas pipeline to Hungary

Discovery on Serbian border comes as the Hungarian leader faces a tight election and ‘false flag’ accusations from opposition.

Serbian military police block a road after explosives were discovered near the international gas pipeline connecting Serbia and Hungary. Photo: Serbia’s Ministry of Defence via EPA
Australia

Australia receives fuel export guarantees from Singapore, Japan

Australia is seeking to diversify its sources of oil products as a result of the war in Iran and closure of the Strait of Hormuz, including making purchases from the US and Mexico.

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Australia’s Prime Minister Anthony Albanese (right) and Singapore’s Prime Minister Lawrence Wong (left) sign a Comprehensive Strategic Partnership Agreement during a Australia-Singapore Annual Leaders’ Meeting, at Parliament House in Canberra, Australia, on October 8 last year. Photo: EPA-EFE
Middle East

UAE, Bahrain and Kuwait lose water, energy infrastructure to Iran strikes

Gulf countries have faced repeated drone and missile salvoes over Iran’s accusation that its neighbours allow US forces to carry out attacks from their territory.

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India

India turns to ‘trusted friend’ Russia for oil supply as Iran war energises ties

The two sides aim to keep their energy trade flowing despite sanctions while balancing against the US and China, analysts say.

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US, Israel war on Iran

Iran attacks Kuwait, Israel after Trump set deadline for deal

Kuwait and Israel say their air defences are responding to the latest attacks from Iran.

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Smoke rises at Kuwait’s international airport after a reported Iranian drone strike on Wednesday. Photo: AFP
US, Israel war on Iran

Trump gives Iran 48 hours to make deal, as US hunts for missing airman

Iran’s General Ali Abdollahi Aliabadi responded by calling the US president’s threat a ‘helpless, nervous, unbalanced and stupid action’.

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US, Israel war on Iran

1 dead in strike near Iran’s Bushehr nuclear plant: IAEA

It is the fourth such incident in recent weeks involving Bushehr, which is closer to Kuwait, Bahrain and Qatar than it is to Iran’s capital.

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US, Israel war on Iran

‘Ease the burden’: 5 EU nations urge tax on energy firms’ profits

As fuel prices spike, finance ministers from Germany, Italy, Spain, Portugal and Austria ‘stand united’ and call for action.

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A pump jack and drilling rig in Texas. File photo: Reuters
US, Israel war on Iran

Asian Angle | Hormuz is sending Southeast Asia a warning – and we can no longer ignore it

The crisis has shown we must invest in renewables rather than staying in a fossil fuel comfort zone.

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People wait to refill their motorbikes at a petrol station in Hanoi, Vietnam, on Monday. Photo: EPA
Pakistan

Pakistan offers free public transport for 30 days following 40% petrol hike

The announcement of free travel for residents of Islamabad and Punjab came after people protested the steep rise in fuel prices.

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South Korea

Softly, softly: why South Korea, France prefer diplomacy over force in Hormuz

Presidents Lee and Macron have agreed to cooperate on safety in the strait but they are likely to wade in only after the war, analysts say.

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US, Israel war on Iran

Iran war: French and Japanese-owned ships make first Hormuz crossings

France and Japan have called for a ceasefire in the conflict, with Macron saying the waterway can only be reopened when the bombing stops.

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A container ship operated by the French CMA CGM shipping company runs into the port of Marseille in June 2018. Photo: AFP
US, Israel war on Iran

US can take Strait of Hormuz ‘with more time’, says Trump

The president spoke out online while the UAE’s largest gas plant and a key Kuwait oil refinery were among Iran’s latest targets.

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US President Donald Trump speaks in the White House on Wednesday. Photo: via TNS
Diplomacy

Opinion | How America’s stumble in Iran upends East Asia’s security calculus

A region where US allies lose faith in Washington won’t necessarily embrace Beijing; it is a region more likely to reach for its own guns.

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Pakistan

‘Why are we paying?’ Pakistanis face up to 54% rise in fuel prices

As the ripple effects of the Middle East war continue, the government says Islamabad will give people free public transport for 30 days.

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