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Energy

Energy
The latest news, analysis and opinion on Energy. In-depth analysis, industry insights and expert opinion.
Workers collect rubber gloves at Top Glove’s factory in Klang, outside Kuala Lumpur. Photo: Reuters
Malaysia

Gloves are off: Malaysian makers warn hospitals of price hikes, output cuts

Sustained disruption to naphtha supply chains from the Iran war could lead to glove shortfall by late May, analysts say.

Hong Kong economy

Letters | Hong Kong’s high fuel prices warrant scrutiny

Japan

Japan warned of ‘hellish summer’ as energy fears mount

US, Israel war on Iran

Shock therapy: war forces oil-addicted Asia to finally go green

Burned by soaring energy prices, Southeast Asian nations are racing to future-proof themselves against the volatility of war.

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Floating solar panels are seen at a hydro-solar farm run by the Electricity Generating Authority of Thailand in Ubon Ratchathani province. Photo: AFP
China manufacturing

Iran war energy shock sees Chinese firms recalibrate overseas expansion plans

Businesses are rethinking short-term strategies as they adapt to rising costs and slowing growth across major economies.

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US, Israel war on Iran

Iran war: France and UK to lead ‘defensive’ force for Strait of Hormuz

Trump, meanwhile, says he received a Nato offer to help secure the key waterway but told the alliance to ‘STAY AWAY’.

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US, Israel war on Iran

Iran, US say Strait of Hormuz is fully open to commercial vessels

Move eases oil fears, but US’ Iran blockade remains amid questions over enforcement and China’s role, as Trump claims to have ended 10 wars.

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A drone view shows the Malta-flagged tanker Agios Fanourios I, an oil tanker that sailed through the Strait of Hormuz, arriving in Iraq’s territorial waters off Basra, Iraq, on Friday. Photo: Reuters
China exports

Iran war energy shock threatens Southeast Asia’s supply chains. A win for China?

US and European importers are shifting some orders back to China – but not everyone is optimistic.

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Science

Chinese trucks could go 100% electric, halving road transport oil use: industry

China’s industrial supply chains and engineering expertise provide a distinct competitive advantage, CiDi CEO Albert Hu says.

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US, Israel war on Iran

Asian airlines face ‘major headwind’ from jet fuel costs, forcing flight changes

Fuel has jumped from 25 per cent of total operating costs for airlines to nearly 45 per cent in a matter of weeks, analysts say.

Aircraft queue up on the tarmac before taking off at Mumbai airport. Photo: AFP
Pakistan

Pakistan oil tanker becomes first to exit through Hormuz since US blockade began

Transits through the narrow waterway have been mostly in single digits since US and Israeli strikes began at the end of February.

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Oil tankers and cargo ships line up in the Strait of Hormuz off Khor Fakkan, United Arab Emirates, on March 11. Photo: AP
China-Middle East relations

Exclusive | Hong Kong-flagged tanker passes through Strait of Hormuz in test of US blockade

AVA 6 passage marks at least the second transit of a China-linked tanker through the waterway since the US military operation began.

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China energy security

China’s energy mismatch

China’s renewables drive depends on connecting power-hungry provinces in the south and east with generating regions thousands of kilometres away in the north and west.

Hong Kong economy

Letters | Amid elevated oil prices, Hong Kong’s stable energy system is a boon

Readers discuss the city’s electricity regime, the significance of Russian oil, and the KMT leader’s visit to mainland China.

The night view of Hong Kong Island and Kowloon, taken from The Peak in August 2025. Photo: Sam Tsang
US, Israel war on Iran

US oil floats to top as Asia looks for Middle Eastern alternatives amid Iran war

Buyers from Japan, South Korea, Singapore and Thailand have helped push May sales to over 60 million barrels, the highest in three years.

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Tankers dock at the Port Everglades in Fort Lauderdale, Florida, on Tuesday. Photo: EPA
Business of climate change

Asia-Pacific firms face credit pressure from Iran war energy shock, S&P says

Higher energy prices ratchet up pressure on manufacturing businesses to maintain their profit margins amid rising raw material costs.

Electric & new energy vehicles

China’s lithium giant Ganfeng sees profit jump as EV, ESS battery demand soars

The world’s top lithium producer forecasts a strong turnaround as global decarbonisation and AI-driven energy storage fuel demand.

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European Union

Europe running low on jet fuel, stoking fears of flight cancellations

IEA executive director Birol said the Hormuz blockade-induced energy crisis will hit nations including Japan, China and India harder.

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A plane passes behind kerosene storage facilities at Liege airport in Belgium on Thursday. Photo: EPA
Malaysia

‘New normal’: Malaysia and Australia strike energy supply pledge amid Iran war

The deal creates a mutual spillover valve, allowing the partners to swap surplus energy once domestic demand is satisfied.

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Skincare

Video | The Iran war is going to hurt your skincare routine

The region has seen plastic use surge by 900% since 1990, making Asia responsible for nearly a third of global plastic consumption.

China energy security

China fast-tracks hydrogen strategy to ‘scale-up’ phase to boost energy security

China targets ‘bold innovation’ as falling renewable-energy costs allow it to leverage 50 per cent share of global green hydrogen production capacity.

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A bus is refuelled with hydrogen from a fuel cell in China’s Shandong province. Photo: Getty Images
IPO

Sigenergy jumps 103% in Hong Kong debut on rising energy storage demand

The Shanghai-based firm’s shares closed at HK$659.50, versus its offer price of HK$324.20 after it raised US$560 million from its IPO.

Visitors learn about products at the booth of Sigenergy Technology during the Solar and Storage Live Africa 2026 in Johannesburg, South Africa, on March 25, 2026. Photo: Xinhua
Malaysia

Petrol patrol: Malaysia sends police to guard border stations as fuel leaks rise

Malaysia is trying to prevent its heavily subsidised petrol and diesel from being siphoned across land and sea borders as the global energy crisis bites.

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Middle East

Letters | Iran war is not just a short-term energy disruption

Readers discuss a possible motivation behind the war, Pakistan’s role as a mediator, and Republican silence in the face of the US president’s actions.

Australia

Huge blaze at Australian refinery threatens petrol supply amid global oil crisis

The Geelong plant is one of only two operating oil refineries in Australia and supplies 10 per cent of the country’s total demand.

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Flames shoot out from the Viva Oil Refinery in Geelong early Thursday morning. Photo: Handout/Giuliana Elakis/AFP
The Philippines

Desperate times, drastic measures? Filipinos call for fuel caps as crisis bites

The Philippines is one of the worst hit by the oil crisis, but its deregulation law prevents the government from capping fuel prices.

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A pump attendant uses adhesive tape to change figures of fuel prices in Quezon City on April 7. Photo: EPA
North Korea

Opinion | After years of neglect, China emerges as North Korea’s ‘top priority’

In a world of shrinking options and rising risks, Pyongyang recognises its alliance with Beijing is too important to ignore.

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US, Israel war on Iran

US cites optimism over a deal even as Iran threatens to close Red Sea shipping

US Treasury to end Iran oil waivers, warning China – top buyer – that banks risk secondary sanctions as American pressure intensifies.

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