With electricity demand accelerating, Asia-Pacific utilities must manage massive investment needs, volatile revenues and geopolitical tensions as the energy transition advances in a rapid but disorderly manner.
Ankara confirmed new Russian funding for the Akkuyu project, Turkey’s first nuclear site, strengthening its energy ties with Moscow and advancing its domestic nuclear ambitions.
Interceptions of ships linked to Venezuelan oil are increasing, pushing shipowners to suspend operations as PDVSA struggles to recover from a cyberattack that disrupted its logistical systems.
Policy reversals, reduced performance and corporate disengagement marked an unprecedented slowdown in wind power in 2025, although China continued its expansion at a steady pace.
China's electricity market overhaul improves the profitability of energy storage, supporting a rapid increase in battery exports as global demand rises with data centres and power grids.
Chinese oil group CNOOC continues its expansion strategy with a new production start-up in the Pearl River Basin, marking its ninth offshore launch in 2025.
US authorities intercepted a second oil tanker carrying Venezuelan crude, escalating pressure on Caracas amid accusations of trafficking and tensions over sanctioned oil exports.
Facing a rapid increase in demand across industrial corridors, the Kenyan government is restructuring its power grid to accelerate connections, reduce technical losses and integrate new digital tools.
Shanghai Electric begins a combined-cycle expansion project across four Iraqi provinces, aiming to boost energy efficiency by 50% without additional fuel consumption.
As the photovoltaic industry enters a phase of deep restructuring, the duel between TOPCon 4.0 and heterojunction technologies is redefining manufacturers’ margins. In 2026, reducing production costs becomes the primary strategic lever for global market leaders.
JA Solar and Trinasolar top Wood Mackenzie’s latest semiannual ranking despite a sector-wide net loss of $2.2 billion. Industrial leaders are strengthening their grip on global photovoltaic module supply through rigorous financial discipline.
The world's largest battery energy storage system enters service in Saudi Arabia, with an annual capacity of 2.2 billion kWh spread across three strategic sites in the southwest of the country.
The ATUM Solar industrial complex, located in Ain Sokhna, will include three factories—two of 2 GW capacity—backed by a $220mn investment from an international consortium.
Abu Dhabi’s national oil company has secured a landmark structured financing to accelerate the development of the Hail and Ghasha gas project, while maintaining strategic control over its infrastructure.
Masdar begins commercial operations at a Stockport battery storage unit and announces two more UK projects, part of a £1bn ($1.25bn) plan for 3GWh of BESS capacity.
The Venezuelan national oil company has confirmed the continuity of its crude exports, as the United States enforces a maritime blockade targeting sanctioned vessels operating around the country.
Le fonds souverain omanais a validé 141 projets en 2025 pour un engagement total de $1.2bn, visant à renforcer l’indépendance énergétique et l’industrialisation nationale à travers un programme d’investissement de $5.2bn.
The inclusion of hydrogen in China’s 15th Five-Year Plan confirms a public investment strategy focused on cost reduction, domestic demand stimulation and geo-economic influence across global markets.
Chinese authorities authorise increased private sector participation in strategic energy projects, including nuclear, hydropower and transmission networks, in an effort to revitalise slowing domestic investment.
Faced with shorter approval timelines, several European nuclear firms, including Newcleo, Orano and Urenco, are considering relocating key industrial investments to the United States.
Energy ministers coordinate investment and traceability to curb China’s dominance in mineral refining and stabilize supply chains vital to electronics, defense, and energy under a common G7 framework.
Donald Trump announces an immediate reduction in tariffs on Chinese fentanyl-related imports from 20% to 10%, potentially impacting energy flows between Washington and Beijing.
Electricity demand, amplified by the rise of artificial intelligence, exceeds forecasts and makes the 2050 net-zero target unattainable, according to new projections by consulting firm Wood Mackenzie.
Driven by industrial demand and production innovations, the global petrochemicals market is projected to grow by 5.5% annually until 2034, reaching a valuation of $794 billion.
CNOOC Limited announced continued growth in oil and gas production, reaching 578.3 million barrels of oil equivalent, while maintaining cost control despite a 14.6% drop in Brent prices.
Impacted by falling oil prices and weak fuel sales, Sinopec reports a sharp decline in profitability over the first three quarters, with a strategic shift toward higher-margin products.
A record expansion of liquefied natural gas (LNG, gaz naturel liquéfié — GNL) capacity is reshaping global supply, with expected effects on prices, contractual flexibility and demand trajectories in importing regions.
The Franco-Saudi consortium has won a 25-year contract to develop a 400 MW photovoltaic plant in the Hail region, as part of Saudi Arabia’s national renewable energy programme.
Researchers have designed a system that combines two ammonia production technologies to reduce costs, optimise industrial efficiency and significantly cut greenhouse gas emissions.
A new software developed by MIT enables energy system planners to assess future infrastructure requirements amid uncertainties linked to the energy transition and rising electricity demand.
Japanese company AI.net has signed a supply deal with China’s CATL for 1GWh of lithium-ion batteries, marking its entry into large-scale energy storage with a target of 500MW by March 2028.
Despite the emergence of new storage technologies, lithium-ion batteries retain a dominant position thanks to industrial leadership, improved performance and a high geographic concentration of production capacity.
COOEC has signed a $4bn EPC contract with QatarEnergy to develop the offshore Bul Hanine oil field, marking the largest order ever secured by a Chinese company in the Gulf.
Clenergy has appointed Haydn Fletcher and Samir Jacob to strategic positions to strengthen its operations in Australia and internationally, amid targeted commercial expansion.
Rio Tinto commissions eight electric haul trucks with swappable batteries at the Oyu Tolgoi copper mine in partnership with Chinese company SPIC Qiyuan.
Envision Energy launches the Gen 8 platform, a modular storage range from 6 to 12 MWh, aiming to optimise energy density, logistical flexibility, and profitability for large-scale projects.
Abunayyan Holding and US-based Nextracker launch an industrial joint venture in Riyadh to locally produce large-scale solar equipment for Saudi Arabia and the MENA region.
Baker Hughes will expand its coiled tubing drilling fleet from four to ten units in Saudi Arabia’s gas fields under a multi-year agreement with Aramco, including operational management and underbalanced drilling services.
Abu Dhabi has begun construction on the world’s first gigascale solar and battery storage project, capable of delivering 1GW of baseload renewable power, with operations expected by 2027.