Asia Energy
US swings sanctions stick at Turkish bank accused of smuggling Chinese oil payments to Iran in gold
American ambassador to Ankara at great pains to describe move as aimed at “one entity”, not at a nation, banking system or ally.
India’s Kyiv outreach contrasts with lower level Russia forum presence
India continues to import crude oil, as well as other hydrocarbons and commodities from Russia even as the risk of Western and especially US sanctions mount.
Floating solar emerges as India’s next frontier in the clean energy transition
In another boost to the solar power sector, the Indian Union Cabinet recently approved the Pradhan Mantri Surya Sarovar Yojana, a scheme for the development of floating solar photovoltaic projects.
Talabira II & III coal mine strengthens India’s energy security with record production
India’s efforts to strengthen domestic coal production and energy security are being reinforced through coal mines allocated and auctioned under the Nominated Authority framework, the government said.
US says it has diverted 70 ships enforcing Iran blockade
US Central Command says it has diverted 70 commercial vessels and disabled three since resuming its naval blockade of Iran, which Tehran says has halted its oil exports.
India’s green energy InvITs boom is waiting to happen
The Indian renewable energy sector offers significant opportunities for Infrastructure Investment Trusts (InvITs) to deepen capital mobilisation in the space despite the limited existence of InvITs at present, according to a recent report.
Manila taps South Korea to power nuclear revival
AboitizPower Corporation, one of the Philippines’ leading energy companies, has signed a landmark memorandum of understanding with state-owned South Korea Hydro & Nuclear Power to explore nuclear energy deployment.
_suezmax_vessel__050826_1785961095.jpg)
Turkish refiner Tupras orders four tankers from Korea's Daehan, Samsung for $370mn
Company has also purchased a second-hand Aframax tanker undergoing work at a Chinese CSSC subsidiary for $90mn.
DRC cobalt exports to China may have contained up to 5,000 tonnes of uranium, study finds
The peer-reviewed study raises concerns over weak monitoring and undeclared radioactive material in the global mineral supply chain.
Quetta coal mine blast in Pakistan kills 26 miners
A methane gas explosion at a coal mine on the outskirts of Quetta in Pakistan's Balochistan province killed at least 26 miners on July 30, while rescue teams continued efforts to locate workers still trapped underground.
Iran threatens regional energy infrastructure if US hits its bridges, power plants
Iran's Khatam al-Anbiya headquarters says its forces will target oil, gas and power infrastructure across the region and block all oil exports if the US acts on Trump's threat to bomb Iranian bridges and power plants over Hormuz ship attacks.
Indonesia breaks ground on $21bn Abadi Masela LNG megaproject
Unlocking one of the largest offshore gas reserves in the Asia-Pacific region, Indonesia has launched an upstream megaproject of the Abadi Masela LNG Block National Strategic Project.
China's 'impossible' gas price risks killing off Power of Siberia-2
China has effectively priced Russia's flagship Power of Siberia-2 gas pipeline out of existence, demanding a price for gas that analysts say would make the project uneconomic.
Cambodia clears over $1bn in renewable energy investments
Cambodia approved more than $1bn worth of renewable energy projects in the first half of 2026, strengthening its clean energy capacity and supporting broader investment growth.
Tankers stack up off Fujairah as Hormuz becomes contested chokepoint
Ship-tracking data shows tankers clustering at anchorages off Fujairah, Khor Fakkan and Sohar rather than transiting the Strait of Hormuz, as a US cargo levy, Iranian tolls and mining claims turn the waterway into a contested chokepoint.
Bangladesh should strengthen nuclear expertise before investing in SMRs
As Bangladesh gets close to attaining the status of a nuclear power-generating country, policymakers have begun weighing the option of setting up Small Modular Reactors (SMRs) or adding two more large reactors to the energy portfolio.
_1782954893.jpg)
Russia turns to Indian gasoline imports as fuel shortages deepen after refinery attacks
Russia has begun importing gasoline by sea from India to ease fuel shortages caused by repeated Ukrainian drone strikes on its refining infrastructure.
India turns to global alliances to accelerate wind power growth
The government of India is of the view that wind energy will also play a vital role in the country's energy transition plan, according to a note published in mid-June.
From Sapura to Vantris, Malaysia's biggest corporate rescue
Because of the firm's scale, an uncontrolled insolvency was never an option for Malaysian regulators, as the company was too embedded in the domestic O&G ecosystem, supporting over 59,000 jobs in the nation's energy sector.
Mongolia's risky fuel strategy gamble
Country’s dependence on Russian gasoline gives it short-term supply stability but leaves it structurally exposed.