Traffic in Kuala Lumpur. Subsidies made up 25% of Malaysia's 2023 budget, with about three-quarters devoted to fuel subsidies. (Photo by Hiroki Endo)
Politics

Malaysia to reduce fuel subsidies as inflation weakens

Government turns to tackling deficit after pandemic spending

7 August 2024
Eurus Energy Holdings, wholly owned by Toyota Tsusho, plans to develop and operate a wind farm in Uzbekistan, much like this one in Hokkaido, Japan. (Eurus Energy)
Energy

Uzbekistan wind farms planned by Japan's Toyota Tsusho, Sojitz

Russia and China vie for Central Asia power projects, stoking competition

4 August 2024
Stream article image
Climate Change

Sumitomo, JGC to harness Japan production tech for floating wind turbines

More than 20 companies to join consortium to manufacture platforms

30 July 2024
The new venture will solidify state energy company Petronas's standing in the biofuels value chain beyond trading and offer sustainable solutions to reduce carbon emissions.
Energy

Petronas, Enilive and Euglena to jointly develop biorefinery in Malaysia

The plant at Pengerang Integrated Complex in Johor state is expected to be operational by 2028

26 July 2024
Electricity theft and distribution problems caused by line losses have left Pakistan's government short of revenue.
International relations

Pakistan under pressure to renegotiate hefty Chinese power deals

Beijing unlikely to concede to Islamabad's request, experts say

26 July 2024
Coal accounted for 50% of Australia's energy mix in 2022. 
Energy

Australia debates building first nuclear plant ahead of 2025 election

Opposition party pushes alternative to renewables as public opinion shifts

26 July 2024
Singapore's National Hydrogen Strategy calls for low-carbon hydrogen usage as a "major decarbonization pathway" to help it reach its emissions goal of net zero carbon by 2050.
Opinion

Singapore must import clean energy from ASEAN neighbors

City-state faces quandary over production of blue or green hydrogen

24 July 2024
State-owned Saudi Aramco is planning major investments in the Jafurah shale gas field, the largest in the Middle East.
Energy

Saudi Arabia eyes $100bn bet on shale gas revolution at home

Oil leader looks to maintain status as energy power amid shifting landscape

24 July 2024
The number of supposedly zero-energy homes that do not fully meet the qualifying criteria continues to increase in Japan, driven by the government's relaxation of subsidy standards aimed at encouraging their construction.
Datawatch

Over 30% of Japan's zero-energy homes fall short of requirements

An increase in below-standard houses could hamper its decarbonization efforts

20 July 2024
Development of natural gas has been progressing off the coast of Vietnam. This photo shows a gas flare at the Lan Tay gas platform in the South China Sea off the coast of Vung Tau in 2018. 
Energy

Greenpeace, others blast Japan gas deal in Vietnam

Fuel is seen as cleaner than coal but releases planet-heating methane

18 July 2024
Energy Absolute, a leader in Thailand's renewable energy market, also makes electric vehicles for public transportation, lithium-ion batteries, and builds charging stations. (Photo by Adryel Talamantes)
Equities

Thai green energy producer shares halve after fraud allegation

Regulators say Energy Absolute CEO, CFO committed $94.5m fraud

17 July 2024
Mitsubishi Heavy Industries will play a crucial role in Japan's effort to bolster its military capabilities. (Japan Ground Self-Defense Force)
Aerospace & Defense Industries

Mitsubishi Heavy is one of Japan's hottest stocks. It wasn't always

Industrial group benefits from defense buildup, greater efficiency

16 July 2024
About a third of Inpex's additional spending will go to developing onshore wind power in Australia. (Inpex)
Energy

Japan's Inpex picks Australia for $1.25bn renewable energy buildup

Gas and oil driller seeks to create export hub for green hydrogen

13 July 2024
LNG is in high demand among countries like the U.S. and Japan, despite its price doubling from the average over the past five years.
Energy

IEA aims to stabilize LNG prices with information-sharing plan

Agency eyes greater transparency as Ukraine war adds to market volatility

13 July 2024
Technicians stand beside an oil rig at the plant in Gujarat, India. India's role is increasing as the biggest driver of global oil demand growth.
Opinion

India must forge reliable crystal ball to forecast its oil demand

As global projections diverge, New Delhi has to rely on local expertise

12 July 2024
Mitsui & Co. first got involved in the LNG business in the United Arab Emirates in the 1970s. (Mitsui & Co.)
Energy

Japan's Mitsui pivots back to Middle East with LNG project in UAE

Trading house makes first natural gas foray in 5 years as Russia, Mozambique plans falter

12 July 2024
BHP's global headquarters in Melbourne. (AFP/Jiji)
Commodities

BHP to suspend Australia nickel operations amid Indonesia-fed glut

Miner cites oversupply of the key EV material for the move

11 July 2024
Vietnam is trying to fight carbon emissions even as its manufacturing sector accelerates.
Energy

Deregulation to heat up Vietnam's solar sector, other renewables

Businesses now allowed to buy electricity directly from private producers

11 July 2024
At Fukuoka Airport serving southwest Japan, five airlines have cancelled plans to add more flights due to the nationwide fuel shortage. (Photo by Toshiki Sasazu)
Transportation

Japan plans for more tankers, imports to tackle jet fuel shortage

Transport ministry set to take action as regional airports struggle to add routes

11 July 2024
Breaking down coal at a yard in Sonbhadra, Uttar Pradesh, India, on Nov. 23, 2021. Climate change, worsening heat waves and parched dams are cutting India's hydroelectricity production and leading to the encroachment of coal mining projects on rural communities.
The Big Story

India's climate crisis: New coal mining spreads as heat waves drain hydro dams

Remote communities desperate to protect nature take up bows and arrows to scare off mine officials

10 July 2024
Vietnam is expected to expand its use of solar power and other renewable energy sources.
Energy

HSBC lends $23m for Malaysian firm's Vietnam solar project

Power plant offsets 75,000 tonnes of carbon in top ASEAN solar producer

9 July 2024
Technicians work on solar panels installed on the roof of a house in Karachi on June 8. Solar panels, mostly from China, are spreading across Pakistan as residents seek solutions to outages and hefty bills.
Asia Insight

Pakistan's rooftop solar boom shines spotlight on power crisis

Blackouts, soaring electricity bills spur urban, rural residents to install own panels

9 July 2024
The Japan Bank for International Cooperation has funded projects in Vietnam to the tune of over $3 billion. (Photo by Daiki Katagiri)
Energy

Vietnam gas project receives $830m in Japanese loans

Natural gas to serve as transition energy source in Hanoi's decarbonization plan

8 July 2024
The offer follows Rex's search for partners for its proposed Hillside Copper-Gold project on the Yorke Peninsula.
Commodities

Indonesia's Salim makes bid for Australia copper player Rex Minerals

Group's $265m offer represents hefty premium over recent share price

8 July 2024
Offshore wind turbines in the Taiwan Strait. The island is looking to increase its use of renewable energy to feed rapidly growing demand for power.  
Supply Chain

Taiwan's top power cable maker ventures into offshore wind

Walsin Lihwa sees opportunity in island's shift to renewable energy

8 July 2024