Energy

Ukrainian President Volodymyr Zelenskyy poses for a photo with soldiers after attending a national flag-raising ceremony in Izium, Ukraine on Sept. 14.
Ukraine war: Free to read

Ukraine from Aug. 22 to Sept. 15: Zelenskyy in car accident, no serious injuries

U.N. aims to facilitate Russian fertilizer shipments; India may start trade with Russia in rupees

15 September 2022
Vale Indonesia is working on three nickel projects worth $8.6 billion. (Photo courtesy of PT Vale) 
Commodities

Vale Indonesia embarks on $8.6bn nickel projects with Chinese firms

Miner expresses hopes on partnership with Ford Motor for EV battery materials

14 September 2022
Wind power plants operated by Eurus Energy in Hokkaido, Japan. The government aims to double the share of renewable power in Japan's energy mix to 36% to 38% by March 2030.
Energy

Toyota Tsusho project to bring Hokkaido's wind power to Tokyo

Trading house will develop huge storage battery for renewables effort

13 September 2022
Squadron Energy aims to bring its LNG terminal at Port Kembla, near Sydney, online in 2023. (Photo courtesy of Squadron Energy)
Energy

LNG exporter Australia shifts focus to meeting demand at home

Energy companies respond to decarbonization drive, shortage concerns

10 September 2022
The Maltese-flagged tanker Marinoula unloaded a cargo of Russian oil at the British port of Immingham by June 6.
Ukraine war

U.K. received Russian oil in June despite claims of 'zero' imports: analysis

Ship-to-ship transfers undermine efforts to squeeze Moscow over Ukraine war

8 September 2022
The inside of a high-temperature gas reactor. These reactors are considered a safer alternative to conventional nuclear reactors, but have yet to be put to commercial use. (Photo courtesy of the Japan Atomic Energy Agency)
Energy

Japan nuclear power agency joins U.K. advanced reactor project

British-led team aims to bring high-temperature gas reactor online by 2030s

6 September 2022
Once a member of OPEC, Indonesia became a net oil importer in 2008.
Climate Change

Indonesian oil company Pertamina ramps up carbon capture efforts

Country seeks to become Asian hub for storage as it pushes net-zero goal

5 September 2022
Shandong Province in eastern China boasts the country's cheapest gas stations. (July, Linyi, Shandong Province)
5 September 2022
Indonesian Energy and Mineral Resources Minister Arifin Tasrif, right, shakes hands with Japanese Minister of Economy, Trade and Industry Yasutoshi Nishimura in Bali on Sept. 2.
International relations

G-20 fails to adopt energy communique amid supply scramble

Rifts over Ukraine war hinder green transition among major economies

3 September 2022
Oil tanks near Nakhodka, Russia, on Aug. 12. G-7 ministers are seeking a broader coalition of oil importing countries to purchase Russian products at or below a price cap.
Ukraine war

G-7 finance chiefs agree on Russian oil price cap

Statement leaves out key details of plan, including upper limit level

2 September 2022
A family jogs at a park near Petronas headquarters in Kuala Lumpur, Malaysia. The state-owned energy group enjoyed a record-breaking first half in both profit and sales.
Climate Change

Petronas to cut greenhouse gases through renewables and capture

Record profit from energy rally to fund pivot toward decarbonization

1 September 2022
Work on a hydropower project backed by the Power Construction Corp. of China in a remote part of Indonesia is finally moving forward. (Photo by Erwida Maulia)
Energy

China pushes ahead with Indonesia's largest hydro-plant project

$17bn facility finally under construction as part of Beijing's Belt and Road

31 August 2022
Petronas President and Group CEOTengku Muhammad Taufik, third from left, says elevated energy prices are likely to slowly ease from early next year. (Photo by Hakimie Amrie)
Energy

Malaysia's Petronas sees energy price declines ahead as profit soars

State oil and gas company's top executive says outlook depends on war in Ukraine

30 August 2022
France's Air Liquide has managed to bring the cost of building a hydrogen station down to about half of the cost in Japan.
Climate Change

Itochu to open Japan's first year-round hydrogen station in 2024

Trading house joins France's Air Liquide to make long FCV drives convenient

29 August 2022
All three of China's listed state oil majors -- Sinopec, PetroChina and CNOOC -- logged record revenue and net profits during the first half of the year, thanks to high oil prices.
Companies

China's three state oil majors log record first half

Trio say they will pass windfall from high crude prices on to shareholders

29 August 2022
Russian President Vladimir Putin, left, shakes hands with Indian Prime Minister Narendra Modi ahead of their meeting in New Delhi on Dec. 6. 2021.
Comment

India attempts to diversify energy sources with cheap Russian oil

Despite Western pressure, New Delhi says more imports from Moscow are best for nation

29 August 2022
AM/NS India is purchasing ports and power plants to support the company's main steel complex in Hazira, pictured here. (Photo courtesy of Nippon Steel)
Business deals

Nippon Steel Indian tie-up to buy Essar port, power plant assets

$2.4bn acquisition to ensure smooth access to transport and energy infrastructure

27 August 2022
A cargo ship passes through the locks on the Atlantic side of the Panama Canal. It takes 10 days longer to ship gas from the U.S. to Japan without using the canal.
Energy

Panama Canal toll hike looms as new East Asian energy risk

Japan braces for higher import costs of household fuel LPG

27 August 2022
A Russian oil field. China, along with India, has been known to be a major buyer of Russian crude.
Commodities

Chinese refiner admits buying Russian oil for 'risk control' and 'price'

Shanghai Petrochemical under pressure from rising procurement costs

26 August 2022
A farmer in a village outside Chongqing in southwestern China stands in the basin of a community reservoir on Aug. 20 after its retaining wall started to leak and hot weather and drought conditions accelerated the loss of water.
Caixin

Four things to know about China's power crunch

Heat wave cripples hydropower, with effects rippling across national economy

26 August 2022
 Construction is underway on the Tokai No. 2 nuclear power station in Ibaraki Prefecture, built nearly 44 years ago, with an eye toward restarting it. The plan faces opposition from some locals, however.
Business Spotlight

Can Japan's new nuclear policy revive its creaking industry?

11 years of no plant construction has eroded supply chains and human resources

26 August 2022
President Yoon Suk-yeol has made nuclear power plant exports a major economic policy, leveraging the technological capabilities of domestic manufacturers.
Energy

South Korea wins $2.5bn order to build Egypt's first nuclear plant

Contract flags an acceleration of the Yoon government's export ambitions

25 August 2022
The tanker Sun Arrows loads its cargo of liquefied natural gas from the Sakhalin-2 project in the port of Prigorodnoye, Russia.
Energy

Mitsubishi set to join new Sakhalin-2 Russian operator

Trading house, along with Mitsui, responds to Tokyo's call to ensure LNG supply

25 August 2022
Tokyo Electric Power Co. Holdings' Kashiwazaki-Kariwa nuclear plant in Niigata Prefecture.
Politics

Japan PM Kishida orders new nuclear power plant construction

Major shift in energy policy would focus on next-generation types of facilities

25 August 2022
Facade lights have been turned off at the Frauenkirche, Church of Our Lady, to save energy in Dresden, Germany on Aug. 22. 
Indo-Pacific

China throws Europe an energy lifeline with LNG resales

Surplus gas eases Russia's stranglehold, but gives Beijing outsize influence

24 August 2022