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Energy

Energy
The latest news, analysis and opinion on Energy. In-depth analysis, industry insights and expert opinion.
Chinese President Xi Jinping and Russian President Vladimir Putin walk in Beijing on May 20. Photo: EPA
Diplomacy

Editorial | Xi-Putin summit is no less important than Xi-Trump talks

China does not see a stabilised relationship with Russia only as leverage against the US but as positive for world stability and peace.

War and conflict

Opinion | Not even a quick end to Iran war can save AI stock bubble now

US, Israel war on Iran

US voices hope for Iran deal as Pakistan mediator seeks to break impasse

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China-Russia relations

China and Russia unite on world order, but Putin departs without concrete gains

Analysts say Beijing’s position in managing three-way ties appears to be strengthened after hosting Donald Trump and Vladimir Putin.

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Most of the deals signed between Russian President Vladimir Putin (left) and Chinese President Xi Jinping on Wednesday are symbolic, according to analysts. Pool photo: Reuters via AP
China energy security

As Chinese supertankers cross Strait of Hormuz, is the crisis starting to ease?

Two Chinese tankers were among group of vessels transiting vital waterway on Wednesday, but was it a one-off or the start of a new trend?

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United States

US jobless claims fall as lay-offs remain low despite economic uncertainty

Despite historically low lay-offs, the labour market appears to be stuck in what economists call a ‘low-hire, low-fire’ state.

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China technology

AI gives China ‘God’s-eye view’ of green sector as data-centre demand booms

Alibaba and Peking University map nation’s extensive green-energy sites – a move that could help stabilise national grid amid surge in computing-power needs.

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Rows of solar panels are seen at a photovoltaic farm in Datong, China. Photo: AP
China-Russia relations

China-Russia joint statement on Xi-Putin summit

The two countries issued a statement following this week’s meeting in Beijing between Chinese President Xi Jinping and Russian President Vladimir Putin.

US, Israel war on Iran

Trump says Iran talks are nearing an end but warns of more strikes

As a fragile ceasefire enters its seventh week, Tehran and Washington remain in indirect talks while tensions roil oil markets.

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Britain

UK relaxes sanctions on Russian oil, leaving Ukrainians ‘very let down’

UK inventories of diesel and jet fuel are set to shrink to their lowest since 2023 this month.

Planes stand on the tarmac at Heathrow Airport Terminal 5 as concerns grow over jet fuel supplies linked to the Iran war. Photo: dpa
European Union

EU picks tungsten, rare earths, gallium for first critical mineral stockpile

The move marks one of the bloc’s most concrete steps to reduce reliance on China for elements vital to defence and tech.

Labourers work at a tungsten mining factory at Zhongshan, China. Photo: Reuters
China-Russia relations

Xi-Putin summit leaves gas pipeline plan in limbo

A presidential summit in Beijing did little to advance plans to build Power of Siberia 2 even as the two leaders reiterated their nations’ strong ties.

China energy security

China turns to Russian oil as Gulf supply drops – but is it too expensive?

Prices are rising as demand for Russian supply spikes amid Middle East instability.

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US, Israel war on Iran

Aluminium supply crunch threatens Asia’s clean energy push amid Iran war

Key Gulf plants have been hit by Iranian missiles, causing a drop in output of the metal used in making solar panels and wind turbines.

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Aluminium prices have surged since the start of the Iran war and is the metal most exposed to the conflict. Photo: Shutterstock
Diplomacy

Editorial | Energy will be high on Xi-Putin summit agenda

Amid Iran war disruptions, Russia wants to lock in deals at higher prices while China wants alternative energy sources.

Russian President Vladimir Putin (left) and Chinese President Xi Jinping greet each other in Tianjin, China, on August 31, 2025. Photo: Kremlin Pool Photo via AP
China energy security

Putin is pushing for a ‘serious’ new energy deal in China. Will he get it?

The Russian leader arrives in China days after Trump in search of an energy deal, with yuan settlements, pricing potentially on the table.

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War and conflict

Opinion | Malacca Strait could be the next hinge point if Asia isn’t careful

Straits like Hormuz and Malacca are pressure points where commerce and power converge. What once defined success now defines vulnerability.

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United States

US imposes fresh sanctions on Iranian exchange house, 19 ships from shadow fleet

The Treasury’s move came after Iran ‌said its latest peace proposal to the US involved ending hostilities on all fronts.

US Secretary of Treasury Scott Bessent poses for a family photograph of G7 finance ministers and central bank governors ahead of a meeting on Tuesday. Photo: AFP
Yuan

As the world retreats from US Treasuries, will the sell-off deepen?

China is one of several nations trimming their exposure to US debt, as inflation drives Treasury yields to levels not seen since 2007.

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Automotive industry

Video | Hanoi hits the brakes on petrol motorbike ban

The proposed ban has already been scaled back, as riders demand better infrastructure and government support before making the switch to electric.

2026 Xi-Trump summit

Calls grow for US-China energy trade expansion – but is it feasible?

Business leaders back deeper bilateral energy trade after the US president floated new agreements in Beijing, but analysts question commercial viability.

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An American flag flies in front of the Texas Voyager oil and chemical tanker, anchored in the Pacific Ocean off the coast of the Chevron El Segundo refinery, on April 23. Photo: AFP
Indonesia

Indonesia’s oil hub pitch collides with Asean’s trust deficit

Joint energy security is easy to endorse in principle, yet the bloc has a stubborn record of leaving its emergency frameworks untouched.

Oil tankers and cargo ships are seen at the oil depot and container terminal of Tanjung Priok Port in Jakarta, Indonesia, on March 31. Photo: AFP/Getty Images/TNS
US, Israel war on Iran

Spirit collapsed under high fuel costs. Some Asian airlines could be next

The head of the Association of Asia Pacific Airlines said direct financial support from governments required to survive the crisis.

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Environment

Letters | Naphtha shock must spur East Asia to cut its plastics reliance

Readers discuss a potential positive consequence of Middle East volatility, the Russian leader’s coming visit to Beijing, and AI’s impact on China’s real economy.

Japan

How a Japanese deal to appease Trump resulted in Texans protesting in Tokyo

Community groups from the Freeport area are urging Japanese financiers and ministries not to back fossil fuel infrastructure.

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A tanker carrying crude oil from Venezuela docks at Port Freeport in Freeport, Texas, on January 15. Photo: Reuters
US-Cuba relations

Cuba warns of ‘bloodbath’ if US attacks as Washington expands sanctions

Cuba’s president defends right to self-defence as US report claims the island has acquired more than 300 military drones.

An old car drives past the US embassy in Havana, Cuba, as geopolitical tensions flare between the two nations. Photo: EPA
United States

US extends Russian oil waiver by 30 days as Hormuz closure chokes supply

US Treasury secretary says reprieve will allow energy-vulnerable nations to access Russian seaborne oil.

Rare earths

Australia to force investors with China ties to divest from rare earths company

The company will force divestment from two individuals and four companies due to Chinese affiliation.

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