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Energy
The latest news, analysis and opinion on Energy. In-depth analysis, industry insights and expert opinion.
The site for one of Nepal’s proposed hydroelectric dams, the Budhi Gandaki project. The country is keen to attract more foreign investment to tap its huge hydropower resources. Photo: SCMP
Belt and Road Initiative

China to step up investment in Nepal’s hydropower sector: Nepalese official

China has ‘already proposed some projects’ in Nepal, as it looks to tap the country’s huge hydropower resources and sell power to India.

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US-China relations

How will China respond as US expands foreign ship seizures?

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European Union

As I see it | When in doubt, EU leaders dig an even bigger hole

US-China relations

WTO faults US in dispute brought by China over clean energy subsidies

Large tax credits under Biden’s landmark climate law are inconsistent with WTO agreements and should be withdrawn, a panel ruled.

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The World Trade Organization logo is seen at its headquarters in Geneva in February 2024. Photo: AFP
India

Why India should tackle pollution more urgently than tariffs

The adverse impact of pollution could lead to significant health and economic costs for India if left unchecked.

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US-Venezuela conflict

Venezuela approves oil industry overhaul as US eases some sanctions

Venezuela’s reform will enable additional foreign investment in the energy sector, a move expected to benefit the United States in particular.

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China-Latin America relations

Open Questions | How China’s 15-fold rise in Latin America dents US influence: Francisco Urdinez

A leading scholar says US action in Venezuela shows how Beijing’s economic ties now face rising geopolitical pushback.

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Illustration: Lau Ka-kuen
US-Venezuela conflict

US’ Rubio says China profited from Venezuela’s collapse through cut-price oil

US secretary tells senators Beijing received discounted crude via opaque debt deals, saying Maduro’s removal was key to curbing influence.

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European Union

Opinion | On EV targets, Europe should take a page from China’s playbook

To avoid dilemmas associated with grandiose, fixed-date bans, the European Union can embrace China’s approach and pursue an inclusive green agenda.

The Philippines

New gas find prompts Philippines to step up defence of energy frontier

The move to boost security around Malampaya East-1 is seen as a test case for protecting future offshore energy projects in contested waters.

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Drilling of the Malampaya East-1 reservoir in Palawan province, Philippines, on January 19. Photo: Prime Energy via AP
Malaysia

Malaysia’s aim for sustainable aviation fuel faces low Asian demand hurdle

Most of the demand still comes from Europe, with Malaysia aiming to produce 1 million tonnes of sustainable aviation fuel by 2028.

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A technician filling a plane with sustainable aviation fuel. Malaysia has two SAF production plants. Photo: Handout
Diplomacy

Opinion | Canada’s Carney charts a ‘third path’ for middle powers

Canadian Prime Minister Mark Carney has offered a principled and pragmatic agenda for nations navigating a new era of great power rivalry.

Mainland China

Video | ‘If it gets any colder, you couldn’t take it’

In China’s Hebei province, rural residents say they cannot afford to heat their homes enough after the switch to natural gas from coal.

China energy security

In Davos debut, Musk highlights key China advantage in AI race

China’s energy supply edge was also at the heart of a panel discussion on clean energy in Europe.

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Tesla CEO Elon Musk at the World Economic Forum in Davos, Switzerland, on Thursday. Photo: EPA
United States

Opinion | From Venezuela to Greenland, Trump is using US power to rewrite the rules

What troubles many is the inconsistency emanating from Washington. When power underwrites rules, principles become negotiable.

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US President Donald Trump speaks to reporters before boarding Air Force One at Palm Beach International Airport, in West Palm Beach, Florida, on January 19. Photo: AP
The Philippines

Philippines’ new gas find fuels energy diversification hopes

With gas supply at a current well set to run out by 2027, potential new sources could help avert an energy crisis in Luzon.

US-Venezuela conflict

US letting China buy Venezuela oil but not at ‘unfair’ Maduro prices: official

The US says it will control the Latin American nation’s oil sales indefinitely after seizing its leader.

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China energy security

China’s massive project to funnel clean energy from Tibet enters new phase

The ultra-high-voltage power lines will connect Tibet’s vast hydropower, solar and wind projects with factory hubs in southern China.

Construction workers build a power transmission line in China’s central Anhui province. China is ramping up investment in its power grid amid surging demand from the country’s artificial intelligence industry. Photo: Xinhua
Japan

Japan halts world’s largest nuclear plant hours after restart

TEPCO halted the Kashiwazaki-Kariwa restart after a monitoring alarm sounded, but confirmed the reactor is stable with no radioactive impact.

Artificial intelligence

China’s ‘infrastructure first’ effort a major edge in AI arms race: Davos panel

A rapid energy buildout and strategic data centre expansion give China unique advantages in developing its AI industry.

United States

Trump lays out Greenland-Arctic deal framework, pauses February tariffs

In his speech to the World Economic Forum in Davos, the US president vowed not to invade Greenland while slamming Nato and Europe.

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US President Donald Trump waves to the audience after his speech during the Annual Meeting of the World Economic Forum in Davos, Switzerland on Wednesday. Photo: AP
Japan

Japan restarts first nuclear reactor since Fukushima under close scrutiny

The No 6 unit at Kashiwazaki-Kariwa reached criticality on Wednesday, a key step in Japan’s push for stable energy despite lingering safety fears.

A Tepco employee opens a watertight door inside the unit 7 reactor building at the Kashiwazaki-Kariwa nuclear power station in August 2024. Photo: AFP
Donald Trump

How Asia’s economies could benefit from Trump’s global power plays

Countries such as Canada are looking to diversify their customers, particularly for oil and gas, with ‘a strong focus on Asia’, analysts say.

Diplomacy

Opinion | Why so many states reject bloc rivalry to choose partnership with China

It’s a calculated choice to keep growth, infrastructure momentum and policy space alive in a world that punishes the economically exposed.

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Middle East

Opinion | Will Iran’s instability force China to rethink its Middle East strategy?

The assumption that domestic unrest can be treated as background noise, unlikely to disrupt energy flows, is becoming increasingly untenable.

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Security forces are seen during a pro-government rally on January 12, in Tehran, Iran. Photo: Getty Images/TNS
Canada

As I see it | How Donald Trump could break up Canada

While the US president has focused on intimidating Canada’s federal officials, he might be better served by concentrating on Alberta.

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US President Donald Trump speaks to Canadian Prime Minister Mark Carney as Mexican President Claudia Sheinbaum looks on at the end of the draw for the 2026 World Cup at the Kennedy Centre in Washington, on December 5, 2025. Photo: AP
Ukraine war

Almost half of Kyiv without heat, power after massive Russian strike

Over 5,600 buildings lose heat in sub-zero temperatures as Russia targets energy grids amid ongoing US-led peace negotiations.

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HKEX

New energy, AI, EV and biotech to drive Hong Kong IPO growth: HKEX

11 companies raised US$4 billion in Hong Kong in the first three weeks of 2026, with hundreds more lining up to list, Bonnie Chan says.

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