Prime Minister Narendra Modi says his government will provide a one-time grant to state-run fuel retailers amid the surge in global fuel prices.
Economy

India to grant $2.67bn to state-run oil marketing companies

Three retailers to be compensated for losses from below-cost cooking gas sales

12 October 2022
A coal-fired power plant in Shanghai. The central government is sharply reversing its previous course toward renewable sources and has cranked up production of coal to record levels.
Caixin

Does China really need that much more coal-fired electricity?

Critics argue what the country needs is electricity-market overhaul

11 October 2022
Russian energy exports have helped fund Moscow's war in Ukraine. (TASS via Kyodo)
Energy

India's imports of Russian oil jump fivefold, helping war efforts

Shipments to China rise 17% even as Western sanctions spread

10 October 2022
The Ichthys offshore development is among the four Australian LNG projects Tokyo Gas plans to divest. (Photo courtesy of Inpex)
Business deals

Tokyo Gas to sell stakes in 4 Australian LNG projects to U.S. fund

Proceeds to be redirected to renewable energy and hydrogen production

7 October 2022
Sumitomo Corp. is taking part in the Kayan Cascade project in Indonesia, the first big hydropower project for Japanese company in the country. (Photo by Erwida Maulia)
Energy

Japan's Sumitomo joins $17.8bn Indonesia hydropower project

Kayan Cascade, part of China's Belt and Road, on track after 10-year delay

7 October 2022
Ukrainian rescuers at a building damaged by Russian shelling in Zaporizhzhia on Oct. 6. (Ukrainian Emergency Service via AP)
Ukraine war: Free to read

Ukraine from Sept. 15 to Oct. 7: Russia strikes housing in Zaporizhzhia

Biden says nuclear 'Armageddon' risk highest since Cuban crisis; two Russians sail to Alaska, seek asylum

7 October 2022
Saudi Crown Prince Mohammed bin Salman receives Thai Prime Minister Prayuth Chan-ocha in Riyadh on Jan. 25. 
Comment

Southeast Asia, Gulf nations draw closer as U.S.-China row deepens

Caught in a tug-of-war, 'middle powers' seek to balance security, economic gains

7 October 2022
Red-hot steel plates pass through a press at a Tata Steel plant. The company and its rivals face soaring production costs. 
Interview

India's Tata Steel taps Australia, North America for coal

CEO says company needs to replace Russian cargoes after halting purchases

7 October 2022
The U.S. had pushed OPEC not to proceed with the cuts, arguing that fundamentals don't support them, a source familiar with the matter said.
Commodities

OPEC+ agrees to cut output 2m barrels a day despite U.S. pressure

Saudi Arabia and other group members have said they seek to prevent volatility

6 October 2022
Australia's picturesque Tiwi Islands lie 80 kilometers north of the city of Darwin.
Energy

Tiny islands drive big challenge to mammoth Australia gas project

Energy major Santos wants to ship LNG to Japan, South Korea but locals resist

5 October 2022
New nuclear power plants are not an answer to climate change, says Francesco La Camera, chief of the International Renewable Energy Agency. (Photo courtesy of IRENA)
Energy

Nuclear power won't help climate urgency, says renewables chief

Warning as Japan and other countries reopen door to atomic expansion

5 October 2022
Malaysia accounted for 13.6% of Japan's LNG imports in 2021. (Photo by Ryosuke Hanafusa)
Energy

Japan reaches deal on emergency LNG supplies from Petronas

Economy ministry seeks out fuel from Southeast Asia to prepare for winter crunch

30 September 2022
Kyushu Electric Power's Sendai nuclear station in Kagoshima prefecture. Hitachi and GE are designing a reactor that would improve the safety of the cooling and venting processes, as Japan hopes to develop next-generation nuclear facilities.
Energy

Hitachi and GE to develop safer reactor, learning from Fukushima

New model designed to cool nuclear fuel even during power outage

30 September 2022
Mitsubishi Heavy Industries' next-generation nuclear power reactor could be in operation by the mid-2030s. (Illustration courtesy of Mitsubishi Heavy Industries)
Energy

Japan's Mitsubishi Heavy to develop safer nuclear reactor

Company partnering with Kansai Electric and three other energy companies

29 September 2022
Stream article image
Energy

Russian oil still flowing to Europe via waters off Greece

Vessels made 41 ship-to-ship transfers over six months: Nikkei analysis

28 September 2022
Texas is home to the port of Corpus Christi, the largest energy exporting terminal in the U.S.
Climate Change

Japan's Mitsubishi Corp. eyes massive 'blue ammonia' hub in Texas

Production capacity of clean-burning fuel could reach 10m tonnes annually

28 September 2022
Gautam Adani, one of the world's richest people, wants his company to help lead India's drive into green energy.
Adani Group

India's Adani Group plans to invest over $100bn in next decade

Around 70% of that total to be spent on conglomerate's green energy business

27 September 2022
Inpex hopes its exploration of a new gas field near its existing Minami-Nagaoka site will yield enough reserves for commercialization in 2026. (Photo by Ryo Mukano)
Energy

Japan's Inpex to develop domestic gas field amid energy cost surge

Oil company eyes commercialization by 2026 as government hopes to cut imports

22 September 2022
Thailand and Cambodia reached a basic agreement in 2001 to jointly develop the area where their claims overlap, but it has remained undeveloped since then.
Politics

Thailand, Cambodia maritime border talks resume after hiatus

Bangkok, Phnom Penh seek new energy resources to ease import costs

22 September 2022
Sempra Infrastructure holds a majority stake in the Cameron LNG liquefaction facility in the U.S. state of Louisiana. (Photo courtesy of Sempra Infrastructure)
Interview

U.S. energy giant Sempra eyes 'blue' hydrogen exports to Japan

President Dan Brouillette plans LNG terminals on West Coast to meet Asian demand

20 September 2022
Indonesian President Joko "Jokowi" Widodo decided to slash fuel subsidies starting Sept. 3, causing price hikes that sparked massive protests. (Source photos by AP and Reuters) 
Inflation

Jokowi's hard choice: 'Extreme' subsidies or 'political suicide'

Fuel bill may hit 25% in 2022 budget, forcing Indonesia to cut for fiscal health

18 September 2022
Mitsubishi Heavy's compact carbon capture unit, installed at a biomass power plant in Hiroshima prefecture, sucks up 300 kg of CO2 a day. (Photo by Sayumi Take)
Climate Change

Mitsubishi Heavy readies launch of compact carbon capture units

Company sees market for small businesses hoping to ease environmental impact

18 September 2022
Other than Chubu Electric and Orix, sources say JR Tokai has also been asked to take part in the Toshiba buyout. (Photo by Yo Inoue) 
Toshiba in turmoil

Toshiba restructuring: Chubu Electric, Orix and others weigh offers

Japan Industrial Partners seeks domestic participation to clear regulatory hurdles

18 September 2022
Iran's President Ebrahim Raisi arrives for the Shanghai Cooperation Organization summit in Samarkand, Uzbekistan on Sept. 14. (Ministry of Uzbekistan/Handout via Reuters) 
Energy

Clock ticks on Iran nuclear talks as geopolitics hinder progress

Washington needs Saudi and Gulf partners in showdown with China, analyst says

16 September 2022
Unloading coal from a barge into a truck at the Karya Citra Nusantara port in North Jakarta, Indonesia. Miners in the Southeast Asian nation are eager to sell more coal to Europe but are being held back by their domestic obligations.
Energy

Indonesian coal miners pump up production, eye European winter

Germany could be 'second- or third-largest importer by next year': association

15 September 2022