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Energy & Utilities

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Qantas is raising fares on international routes by around 5 per cent on average. Photo: Reuters
US, Israel war on Iran

From AirAsia to Qantas, airlines raise fares and brace for jet fuel shortage

Soaring oil prices are forcing several airlines in Asia and Europe to increase fares and fuel surcharges, hitting global travel.

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US, Israel war on Iran

‘Bored, scared’: 6,000 Filipino sailors stranded by Strait of Hormuz closure

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Asia travel

Beyond Angkor Wat’s allure: discovering Cambodia’s hidden gems

Why Indonesia’s waste-to-energy goal may not be ‘quick fix’ for landfill crisis

With billions to be spent on new waste-to-energy plants, critics are questioning the potential cost to Indonesian cities and the environment.

Registered scavengers walking in the Bantargebang landfill in Bekasi, on the outskirts of Jakarta. Photo: AFP

Hong Kong stocks fall as oil once again trades over US$100

Brent crude rises as much as 10.5 per cent to US$101.6 a barrel even after Western nations take steps to mitigate oil prices.

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As Iran war fuels oil crisis, Southeast Asia’s small firms could be hit hardest

Observers say SMEs are typically more vulnerable as they have less capital to absorb sudden increases in operating costs.

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Iran warns of US$200 oil as countries reach for emergency reserves

US president declares ‘we won’ the war as chaos in the Strait of Hormuz sends shock waves through energy markets.

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A man walks along the shore as oil tankers and cargo ships line up in the Strait of Hormuz, as seen from Khor Fakkan, United Arab Emirates. Photo: AP

China’s Midea pledges US$8.7 billion for AI and robotics in pivot to automation

Robotics and physical AI are emerging as the next battleground for manufacturers seeking efficiency gains.

Iran war threatens prolonged energy shock, slower growth for Asia

Observers say an extended disruption of energy flows could mean persistently higher fuel costs and widening trade deficits for Asian importers.

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Germany, Japan to unblock oil reserves as G7 stands ‘ready’ to act

The latest announcement came as G7 leaders were set to discuss the widespread economic fallout from the US-Israeli war with Iran.

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Surplus gas is burnt off in a crude oil processing plant in Germany. The German and Japanese governments will free up some of their national oil reserves. Photo: dpa

Japan to release oil reserves as early as Monday

It will release 15 days’ worth of private reserves and a month’s worth of national reserves.

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A woman walks past a petrol station in Tokyo. Photo: AFP

Video | Fukushima’s stray animal saviour searches for redemption

Former nuclear plant worker Toru Akama spends his time and money caring for cats and dogs abandoned after the March 2011 disaster.

Malaysia tightens borders to fight fuel smuggling amid global energy crisis

The move comes amid concern that rising fuel prices abroad could make it more profitable to smuggle subsidised fuel out of Malaysia.

Thai navy says cargo ship attacked near Strait of Hormuz

The Thai navy said 20 crew members have been rescued so far.

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This handout photo taken on Wednesday and released by the Royal Thai Navy shows smoke rising from the Thai bulk carrier Mayuree Naree near the Strait of Hormuz after an attack. Photo: AFP/Royal Thai Navy

CATL profit jump fuels Hong Kong battery stocks amid global energy storage boom

The company’s strong results and energy storage push spark gains for battery makers listed in Hong Kong and mainland China.

CATL shares surged 9 per cent on Wednesday, following another 9 per cent gain the previous day. Photo: AFP

Geely beats BYD sales in first 2 months of 2026 to become China’s top carmaker

Geely’s sales rise 1 per cent to 476,327 units in January and February, while BYD’s sales slump 38.5 per cent to 400,241 units.

Nepal just elected a rapper for PM. His foreign policy has a new beat

Newly elected Balendra Shah’s public messaging suggests a balanced approach rather than a tilt to either side, analysts say.

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China’s BYD explores entering Formula 1 in company’s first push into motor racing

Company is looking at options amid sport’s shift towards hybrid engines, but costs of up to US$500 million a season could be a big obstacle.

Top EV seller BYD, whose high-end Yangwang U9 recorded a top speed of more than 496km/h (308mph) in Germany last year, is considering entering competitive racing. Photo: AFP

How is China insulating its energy security amid geopolitical shocks?

Increasing oil and gas exploration, pushing ahead with green transition among contingency plans in place, geologist NPC deputy says.

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Hong Kong customs seizes more fuel-smuggling vehicles as Iran war lifts prices

Price gap between mainland China and Hong Kong, combined with rising fuel costs, creates economic incentive for criminals to take risk, customs says.

Iran war fallout threatens ‘quick wins’ for Thailand’s economy

As drivers panic buy diesel and the public is urged to limit air con use, Thai civil servants are ordered home to preserve dwindling energy.

A petrol station attendant fills the tank of a car in Bangkok, Thailand, on Monday. Some drivers have begun panic buying diesel amid fears of a fuel shortage. Photo: AP

Elon Musk on course to become world’s first trillionaire as wealth soars

The Tesla and SpaceX boss cements his status as the world’s wealthiest person after his fortune swelled by roughly US$500 billion over the past 12 months.

Elon Musk is the richest person ever recorded, worth an estimated US$839 billion. Photo: AFP

Hong Kong stocks slip, led by tech firms, after Beijing’s OpenClaw warning

Tencent and Alibaba lose ground while CATL and Geely buck market trend.

As war on Iran escalates, Asia scrambles to deal with global energy fallout

China, Japan and South Korea have all taken steps to reduce impact of supply shortages – but analysts warn of spillover.

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Japan struggles with rising maintenance costs 15 years after Fukushima disaster

The costs of maintaining public housing for disaster victims and sea walls in Iwate, Miyagi and Fukushima total over US$923.7 million.

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People offer prayers and light candles during a memorial in front of Futaba Station on Tuesday ahead of the 15th anniversary of the Fukushima earthquake and tsunami. Photo: Jiji Press/EPA

Chinese EV maker Nio forecasts surge in deliveries after first quarterly profit

The company’s turnaround highlights resilience in China’s EV market, defying a slowdown that has weighed on most domestic rivals.

Nio has set a delivery guidance of up to 83,000 vehicles for the first quarter of 2026. Photo: Xinhua

Will Trump ‘Taco’ on Iran? Analysts say he’s looking for a way out

High oil prices and voter anger could be prompting the US president’s comments that the war could end soon.

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WHO warns of toxic ‘black rain’ in Iran after strikes on oil facilities

There have been reports of oil-laden rain, and a ‘massive’ amount of hydrocarbons and other compounds have been released into the air.

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Energy & Utilities
The latest news on energy, the energy sector and utilities, including home energy, oil, gas, electricity and water, plus government energy and utilities departments. Also covers power companies, energy-saving initiatives, plus clean and renewable energy and energy regulations.