Asia Energy
Project Matador marks new South Korea-US nuclear collaboration
Fermi America, a private energy developer in the United States, is moving ahead with what could become one of the most significant privately financed clean energy projects globally.
Malaysia–Vietnam offshore wind project to deliver 2,000 MW by 2034, strengthening regional green energy links
Malaysia’s upcoming offshore wind project connecting Vietnam to Peninsular Malaysia is expected to generate up to 2,000 megawatts (MW) of clean energy by 2034, marking a major step in the nation’s renewable energy expansion
India, US near major trade deal cutting tariffs to 15–16% if New Delhi will limit Russian crude imports
India and the United States are close to finalising a long-awaited bilateral trade deal that could sharply lower tariffs on Indian exports to about 15–16% from the current average of 50%
Andaman gas find signals fresh momentum in India’s deepwater exploration
India’s latest gas discovery in the under-explored Andaman-Nicobar Basin could become a turning point for the country’s domestic upstream production and energy security
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India’s opposition slams Modi over Trump’s Russia oil claim
Indian National Congress leader Jairam Ramesh in an X post criticised Prime Minister Narendra Modi for staying silent over US President Donald Trump’s repeated claims that India would cut back on oil imports from Russia.
State control rattles Indonesia’s fuel market
Indonesia’s tighter control on private fuel imports has sparked debate over how far the government should go to protect its domestic energy market and ensure national energy sovereignty.
Batteries find new business case in India’s evolving power markets
Battery participation in India’s power markets has traditionally been viewed as a low-return venture, burdened with uncertain revenues and lacking the security of long-term contracts.
Malaysia’s fuel recalibration: balancing fiscal discipline and public relief
In late September 2025, the Malaysian government unveiled a recalibrated approach to its long-running petrol subsidy, lowering the price of RON95 for citizens to $0.47 per litre.
Korea’s EPC solar sector is under strain: a look at EPC firm GRANDSUN and the road ahead
For the country’s engineering, procurement and construction (EPC) firms - the companies that design, build and then maintain solar projects, the challenge is more and more about how to adapt.
Indonesia’s World Bank debt and the price of a green transition
Indonesia is routinely listed among the World Bank’s largest borrowers, second only to India in some recent tallies, reflecting an outstanding balance with the Bank running into the tens of billions and placing Indonesia among the top 10 debtors
US presses India on Russian oil in trade talks
The United States has raised India’s oil purchases from Russia as part of ongoing trade negotiations, even as Indian refiners continue to increase such imports to meet domestic demand
L&T secures order for Kudankulam nuclear project expansion in India's Tamil Nadu
Indian engineering giant Larsen & Toubro has secured a major order valued at up to $285mn from the state-owned Nuclear Power Corporation of India Ltd for works at the Kudankulam nuclear power plant in Tamil Nadu
India reveals plans for indigenous solar production by 2028
India has set its sights on building a fully indigenous solar value chain, with the goal of achieving domestic solar cell manufacturing by 2028.
Busan leads South Korea’s green developments and GHG cuts from the front
Busan, South Korea’s second largest city with around 3.5mn residents, hosted the World Climate Industry Expo and Korea Energy Show 2025.
Asia’s gas utilities are politically shielded but economically exposed
Many of the region’s gas distributors enjoy the safety net of being government-related entities and are ‘protected’ to a large extent. Their credit profiles are, in reality, extensions of sovereign ratings rather than stand-alone assessments.
Seoul’s energy balancing act up to 2050: then green power for the win
In the northeast corner of East Asia, South Korea is quietly steering its energy future towards a delicate pro-nuclear, pro-renewables outcome. With eyes fixed firmly on 2050, policymakers in the capital Seoul are doubling down.
China accused of escalating Taiwan tensions with oil drilling in disputed waters
By placing energy platforms in contested waters, China is signalling both defiance of international rulings and a willingness to tighten the squeeze on Taiwan.
India set to boost Russian oil imports despite US tariffs
Indian imports of Russian oil are expected to increase in September as New Delhi presses ahead with purchases despite new US punitive tariffs
South Korea, the US come together on nuclear deals
South Korean and US companies have signed agreements to advance nuclear energy projects, aiming to meet rising data centre power demands, support AI growth, and strengthen the US nuclear fuel supply chain.
China takes Russian oil shipments usually bound for India amid shifting trade flows
At its peak, Russia was India’s largest single supplier of crude, commanding a 36% share of the market. In 2024 alone, New Delhi imported $53bn worth of oil and crude products from Russia.