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Energy

Energy
The latest news, analysis and opinion on Energy. In-depth analysis, industry insights and expert opinion.
China’s energy mismatch
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

US, Israel war on Iran

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

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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.

A fuel tanker truck leaves a gas station in Beijing, March 28, 2026. Photo: AP
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.

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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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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Australian Prime Minister Anthony Albanese and Malaysian Prime Minister Anwar Ibrahim meet at a press conference in Putrajaya on Thursday. Photo: AAP/dpa
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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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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A man fills his car with RON95 petrol at a station in Malaysia on March 25. Photo: EPA
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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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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Illustration: Craig Stephens
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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Electric & new energy vehicles

China’s EV battery giant CATL to set up mining arm to secure supply chain

Global energy shock accelerates CATL’s upstream push as demand for EV batteries and storage systems surges.

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China energy security

US officials claim China is ‘hoarding’ oil. What does the data say?

While US Treasury Secretary Scott Bessent said China is stockpiling crude amid the Iran war, the numbers suggest Beijing is facing a supply crunch.

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A woman walks past a giant billboard reading “The Strait of Hormuz remains closed” at Revolution Square in Tehran, Iran. Photo: TNS
Indonesia

Prabowo’s overseas trips draw scrutiny as Indonesia urges fuel restraint

Since his inauguration in October 2024, Prabowo has gone on 51 official visits, travelling to 28 countries and chalking up 99 days overseas.

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Japan

Japan to provide US$10 billion support to help Asia secure oil

Prime Minister Sanae Takaichi says the support will be equivalent to as much as 1.2 billion ⁠barrels of oil.

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India

How India’s nuclear breakthrough could end reliance on energy imports

Success at the Kalpakkam prototype fast breeder reactor will allow India to generate energy using its abundant thorium reserves.

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Fishermen pull their boats to the shore near the Kalpakkam atomic power station in Tamil Nadu. Photo: AP
US, Israel war on Iran

Hormuz blockade: shipping body slams transit fees as 20,000 seafarers stranded

A ‘retrograde’ toll proposal by Tehran risks similar charges in other vital waterways, warns global association for merchant shipowners and operators.

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A person points at a website tracking marine traffic and showing commercial vessels on the edge of the Strait of Hormuz near the Iranian coast last month. Photo: TNS
China energy security

Which countries are most vulnerable as US imposes Persian Gulf blockade?

Nomura says more than 90 per cent of the crude oil imported by Japan and the Philippines comes from the Middle East.

Donald Trump

‘I’m shocked by her’: Trump turns on Italy’s Meloni in clash over pope

US president accuses European ally of lacking ‘courage’ after she denounced his attacks on the pope and refused to join the Iran war effort.

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China-Middle East relations

Xi’s meeting with Abu Dhabi crown prince highlights Gulf turn towards China

Analysts said the trip was a sign that the UAE was seeking ‘more reliable partners’ in the wake of the US-Israeli war on Iran.

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China’s President Xi Jinping welcomes Sheikh Khaled bin Mohamed bin Zayed Al Nahyan to Beijing on Tuesday. Photo: Reuters
Malaysia

Malaysians urged to tighten their belts as Iran war fallout starts to bite

Economy Minister Akmal Nasrullah Mohd Nasir warns the effects of the crisis can last until next year, with oil prices expected to remain high.

People walk to their workplace during the morning rush at Kuala Lumpur city centre, Malaysia. Photo: Reuters
US, Israel war on Iran

Asia’s energy supply at breaking point as US blockades Hormuz

Nearly 90 per cent of the region’s crude oil is now at risk as stalled peace talks and a naval stand-off raise the spectre of stagflation.

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US, Israel war on Iran

UN warns 8 million in Asia-Pacific risk poverty if Iran war drags on

A new UNDP report has forecast job losses, crippling inflation and food insecurity, with the poorest nations brutally exposed to the oil shock.

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