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The latest news, analysis and opinion on Energy. In-depth analysis, industry insights and expert opinion.
Cubans gather in support of Venezuela’s Nicolas Maduro in Havana on January 3. Photo: AFP
Donald Trump

Cuba defiant after Trump says island to receive no more Venezuelan oil or money

‘No one tells us what to do,’ said Cuba’s President Diaz-Canel after Trump ‘strongly suggested’ they make a deal before it is ‘too late’.

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US-Venezuela conflict

Trump declares US national emergency to protect Venezuela oil money

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China exports

Goodwill or necessity? Why is China slashing solar and battery subsidies?

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United States

China and US coexistence in Venezuela possible, US energy chief says

Chris Wright sees a constructive role for Beijing but insists Washington must remain the dominant force controlling Venezuela’s oil flows.

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US Department of Energy Secretary Chris Wright attends an event in New York City in September 2025. Photo: Reuters
Mergers & Acquisitions

China’s Sinopec, CNAF to undergo consolidation, creating energy powerhouse

State Council approves reorganisation between Sinopec and China National Aviation Fuel Group, state asset regulator says.

US-Venezuela conflict

‘Odious debt’: why China is at risk of painful losses in post-Maduro Venezuela

China has lent Venezuela tens of billions of dollars in recent decades. But Caracas could simply declare those obligations void, analysts say.

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Science

China sends 0.1-second blackout recovery tech to protect grids in 12 nations

Grid protection technology enables faults to be isolated and restored within hundred-millisecond window, compared with hours previously.

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China’s advanced grid protection technology enables power grid faults to be isolated and restored within a split second, and also solves the problem of identifying micro-current faults at the hundred milliampere level. Photo: Xinhua
China-EU relations

Explainer | Trump says Greenland is ‘surrounded’ by Chinese ships. What’s the real story?

China has engaged with Greenland in areas ranging from oil and minerals to tourism. But its footprint is far smaller than Trump claims.

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United States

Opinion | Why Asia should be concerned about the US attack on Venezuela

Venezuela matters less as a case in itself than as a signal of how energy is being repositioned amid intensifying US-China competition.

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US-Venezuela conflict

‘Controlled by me’: Trump says Venezuela to send US up to 50 million barrels of oil

US president declares he will personally control oil proceeds to ‘benefit the people of Venezuela and the United States’.

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A local walks past a mural featuring oil pumps and wells in Caracas, Venezuela, on Tuesday. Photo: AP
United States

Opinion | The US now owns more than just Venezuela’s oil

A hard lesson in foreign policy comes to mind: if you break it, you own it. America is now responsible for Venezuela’s failures, factions and future grievances.

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A woman reacts as government supporters gather, after US President Donald Trump said the US had struck Venezuela and captured its President Nicolas Maduro, in Caracas, Venezuela, on January 3. Photo: Reuters
China energy security

China’s reliance on energy imports

US actions in Venezuela highlight China’s dependence on foreign oil and show why geopolitical risks are spurring its efforts to lower energy imports even as its economy grows.

Japan

‘Shatters trust’: data fraud scandal hits Japan nuclear plant in quake zone

Chubu Electric accused of falsifying quake-resistance data at the Hamaoka plant to pass the regulatory screening for restart.

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US-Venezuela conflict

US ousting of Maduro prompts region to reassess China – and Trump’s next move

Trump hints at wider action as Latin American governments weigh sovereignty, China ties and US dominance.

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Protesters gather outside a courthouse in New York on Monday where ousted Venezuelan President Nicolas Maduro made his first appearance after he was seized by US forces in his country. Photo: Xinhua
US-Venezuela conflict

What assets does China have in Venezuela, and what may happen with Maduro gone?

US move calls into question China’s future financial commitments in Latin American country, potentially hurting Beijing’s regional strategy.

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Hours before Caracas was rocked by explosions on Saturday, Venezuelan President Nicolas Maduro (right) held a three-hour meeting with Qiu Xiaoqi, China’s special envoy appointed by President Xi Jinping. Photo: handout
India

Asian economies to face volatile oil prices over Venezuela, US plans for Caracas

After the arrest of Nicolas Maduro, oil and gas prices are set to continue fluctuating this year due to geopolitical issues, analysts say.

India

Trump threatens India with tariff hikes to abandon Russian oil for trade deal

With Trump ally, Senator Lindsey Graham proposing 500 per cent tariffs, New Delhi faces ‘hard choice’ between Russian oil and vital US trade access.

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US-Venezuela conflict

Gold, oil jolted by US assault on Venezuela as investors recalibrate

Gold and oil move in opposite directions as attack underscores gold’s haven value, fails to alter oil market’s supply glut.

Gold could touch US$5,000 an ounce this year, according to JPMorgan Chase and Bank of America. Photo: Reuters
Germany

Berlin mayor denounces attack on German capital’s power grid as ‘terrorism’

Mayor demands a federal manhunt for those who plunged 45,000 homes into darkness as the alleged perpetrators claim responsibility.

China energy security

Maduro capture: is the US trying to grab control of the global oil market?

Removal of Venezuelan leader could be part of US effort to regain global pricing power as petrodollar system comes under strain: analysts.

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Germany

Cable fire cuts power to tens of thousands of Berlin homes and businesses

A suspected arson attack damaged the power cables. Authorities said 35,000 households will be without electricity until Thursday afternoon.

Police emergency staff at the site of a cable bridge fire in front of the Lichterfelde power plant on the Teltow Canal in Berlin, Germany on Saturday. Photo: AFP
China energy security

China vows to ramp up west-to-east power as AI, hi-tech industries fuel demand

New targets include a major expansion of renewable energy and more electricity funnelled to eastern regions.

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An aerial drone photo taken on August 20, 2024 shows a floating photovoltaic power project in Majiatan county of Lingwu city, northwest China’s Ningxia Hui autonomous region. Photo: Xinhua
Hong Kong economy

43 measures for Hong Kong’s CLP to improve power supply after series of failures

Government releases report analysing power supply interruptions and voltage dips between 2021 and mid-2024.

US-China relations

US sanctions Chinese companies and tankers with Venezuela links

The move could be a signal to Beijing to steer clear of the stand-off between the Trump administration and the Maduro government.

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Venezuela

Oil tankers still arriving in Venezuela despite US blockade, data shows

A US blockade on sanctioned vessels has scared many vessel owners, but some still make journey.

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An oil tanker sails on Lake Maracaibo in Maracaibo, Venezuela, on December 18. Photo: EPA
Technology

Opinion | Amid the bad news of 2025, science cooperation has been a beacon of hope

Even in a difficult year for many, science has demonstrated the ability to transcend borders, unite people and help those in need.

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A visitor interacts with a robot at the Pujiang Innovation Forum in Shanghai on September 21. Photo: Xinhua
Science

China to power up world’s largest ‘super-cold air battery’ in the Gobi Desert

Facility runs for 10 hours straight and will produce 180 million kilowatt-hours of electricity a year, powering 30,000 homes.

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Japan

‘Built on tofu’: safety fears as Japan prepares to restart nuclear plant

While Fukushima operator Tepco says it is ‘committed to safety’ at Kashiwazaki-Kariwa, critics believe it is a disaster waiting to happen.

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