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Energy

Energy
The latest news, analysis and opinion on Energy. In-depth analysis, industry insights and expert opinion.
An employee refuels a vehicle at a petrol station amid rising prices in Mandalay, Myanmar, on March 20. Photo: AFP
Myanmar

Fuel crisis at planting season threatens Myanmar’s fragile economy

Rising fertiliser costs and fuel rationing have affected farmers’ productivity, but Myanmar has little capital to replenish these stocks.

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US, Israel war on Iran

No quick fix for Asian airlines even if Iran reopens Hormuz: IATA chief

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The Philippines

Philippine lawmakers’ call for oil deals with China prompts warnings of ‘a trap’

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China-Australia relations

‘Neighbours matter’: China, Australia vow more contact amid global tension

Premier Li Qiang says ‘Beijing is willing to import more high-quality Australian products, expand and upgrade bilateral trade’.

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Australian Prime Minister Anthony Albanese (left) and China’s Premier Li Qiang spoke by phone on Tuesday ahead of Li’s planned visit to Australia later this year. Photo: AFP
US, Israel war on Iran

‘Cautious optimism’ in Asia after US, Iran agree to ceasefire, reopen Hormuz

Malaysian Prime Minister Anwar Ibrahim welcomed the ceasefire and called ⁠for lasting peace in the ‌Middle East.

Singapore

Singapore minister: ‘right of passage’ through Hormuz non-negotiable

Vivian Balakrishnan says freedom of navigation is ‘of profound importance’ because it affects the Straits of Malacca and Singapore.

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US, Israel war on Iran

Russia and China veto UN resolution aimed at reopening Strait of Hormuz

Beijing and Moscow blocked Gulf-backed resolution hours before the US and Iran agreed to a two-week ceasefire.

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The 15-member Security Council voted 11 in favour of the resolution presented by Bahrain, with two against - China and Russia - and two abstentions. Photo: Lev Radin/ZUMA Press Wire/dpa
US, Israel war on Iran

Iran allows 2 French former detainees to leave country

The green light for them to leave Iran, long sought by France, signalled how Iran is differentiating between nations amid the Iran war.

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

Beijing will build the world’s highest-altitude parabolic trough solar thermal facility on the Tibet Plateau to diversify power sources.

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China has broken ground on a 50-megawatt concentrated solar power plant in Tibet at an altitude of 4,550 metres (14,900 feet), making it the world’s highest-altitude parabolic trough solar thermal facility. Photo: handout
US, Israel war on Iran

‘A whole civilisation will die tonight’: Donald Trump heightens Iran threats

Ahead of ‘complete demolition’ deadline, two sides face trust deficit and see no acceptable guarantor between them, analysts say.

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US President Donald Trump, alongside Secretary of Defence Pete Hegseth, speaks about the conflict in Iran at the White House in Washington on Sunday. Photo: AFP
Singapore

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

Among the measures, the government announced an increase of US$155 to a cost-of-living cash payment to eligible Singaporeans.

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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.

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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.

Green hydrogen drive may help China reach carbon-neutral goal
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.

A satellite near-infrared image shows smoke rising from Russia’s Baltic port of Ust-Luga after a Ukrainian attack on March 27. Photo: Vantor via Reuters
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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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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Cargo ships near the Strait of Hormuz on March 11. Photo: Reuters
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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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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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.

AirAsia planes are parked on the tarmac at Kuala Lumpur International Airport in Sepang. Photo: AFP
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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Fuel prices are displayed at a petrol station in Tokyo on March 18. Photo: EPA
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.

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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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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Smoke plumes billowing from the Jebel Ali port and desalination plant in Dubai, United Arab Emirates, after an Iranian strike on March 2. Photo: AFP
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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Russia’s President Vladimir Putin speaks with India’s Prime Minister Narendra Modi at the Hyderabad House in New Delhi in December. Photo: AFP
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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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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