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The latest news, analysis and opinion on Energy. In-depth analysis, industry insights and expert opinion.
Iranian protesters from footage on social media validated by AP. (Photo: UGC via AP)
Diplomacy

China’s oil risks worsen as Trump threatens Iran

The US president’s suggestion of potential intervention in Iran after the fatal suppression of protests adds new jeopardy to China’s oil imports.

China deflation

China’s solar firms, once deemed too competitive, now face monopoly accusations

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China trade

China pledges green-energy push with Global South, signals wider market opening

US-Venezuela conflict

Trump says might keep Exxon out of Venezuela after CEO called it ‘uninvestable’

US president voices displeasure with the US company’s response to his initiative for Venezuela’s oil industry.

The downtown skyline and the Cota 905 neighbourhood in Caracas, Venezuela. Photo: AP
Donald Trump

Cuba defiant after Trump threat to cut off ‘oil and money’ lifeline

Cuban president says island is prepared to ‘defend homeland to last drop of blood’ as Trump ramps up pressure after action in Venezuela.

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US-Venezuela conflict

Trump declares US national emergency to protect Venezuela oil money

Despite the US president’s urging, energy firms are reluctant to return to the country, which one oil exec described as ‘uninvestable’.

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China exports

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

Analysts expect policy will signal to Europe that Beijing is interested in serious trade relations and is a good partner.

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Authorities announced on Friday China will cancel export VAT rebates for solar panels and lower rebates for batteries from 9 per cent to 6 per cent from April 1. The rebates for batteries will be cancelled on January 1, 2027. Photo: VCG via Getty Images
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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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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Vehicles drive past the El Palito refinery in Puerto Cabello, Venezuela. Photo: AP
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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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 President Donald Trump speaks with reporters aboard Air Force One on January 4. Photo: AFP
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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