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Fossil fuels

China’s three biggest airlines post heavy first-half losses as fuel shock bites

Air China, China Eastern Airlines and China Southern Airlines posted combined first-half net losses of about 8.2 billion yuan (S$1.55 billion).
Air China, China Eastern Airlines and China Southern Airlines posted combined first-half net losses of about 8.2 billion yuan (S$1.55 billion).

Asia stocks edge higher, oil up amid Gulf confusion

Iran said on Aug 9 that a deal with Oman defining new shipping lanes in the Strait of Hormuz was in its final stages.
Iran said on Aug 9 that a deal with Oman defining new shipping lanes in the Strait of Hormuz was in its final stages.

Gas plants for US data centres to be major source of climate emissions: Report

The OpenAI Stargate data centre project in Abilene, Texas.
The OpenAI Stargate data centre project in Abilene, Texas.

Genting Dream, Star Voyager guests departing from S’pore will have fuel charge waived

The updated fuel surcharge waiver and reduction apply to passengers departing from June 26.
The updated fuel surcharge waiver and reduction apply to passengers departing from June 26.

Indonesia’s blanket fuel subsidies favour the rich, say economists, urging targeted aid

A man sits on his motorbike in front of a fuel station of Indonesian state firm Pertamina, as it has raised the price of its 92-octane gasoline, known as Pertamax and 95-octane gasoline, known as Pertamax Green, by around 32%, in Jakarta, Indonesia, June 10, 2026. REUTERS/Willy Kurniawan
A man sits on his motorbike in front of a fuel station of Indonesian state firm Pertamina, as it has raised the price of its 92-octane gasoline, known as Pertamax and 95-octane gasoline, known as Pertamax Green, by around 32%, in Jakarta, Indonesia, June 10, 2026. REUTERS/Willy Kurniawan

How Malaysia is blending more palm oil into diesel to cut its reliance on crude oil imports

Plantation and Commodities Minister Noraini Ahmad is fueling a car with B15 biodiesel during the launch of the B15 biodiesel initiative on June 4.
Plantation and Commodities Minister Noraini Ahmad is fueling a car with B15 biodiesel during the launch of the B15 biodiesel initiative on June 4.

South-east Asia needs bold steps to boost energy security, cut costly fuel imports: IEA

Policies prioritising cleaner sources of energy, including renewable energy, could help South-east Asia reduce the risks from future energy shocks, the International Energy Agency says.
Policies prioritising cleaner sources of energy, including renewable energy, could help South-east Asia reduce the risks from future energy shocks, the International Energy Agency says.

Indonesia to scale back commodity export centralisation, tighten monitoring: Sources

(FILES) A farmer harvests oil palm fruit at a plantation in Kuta Makmur, Aceh province on May 23, 2022. Indonesian palm oil companies are seeking new markets in Europe, Africa and the Middle East as they try to protect themselves from the impact of Donald Trump's trade war, a top industry executive told AFP. (Photo by AZWAR IPANK / AFP)
(FILES) A farmer harvests oil palm fruit at a plantation in Kuta Makmur, Aceh province on May 23, 2022. Indonesian palm oil companies are seeking new markets in Europe, Africa and the Middle East as they try to protect themselves from the impact of Donald Trump's trade war, a top industry executive told AFP. (Photo by AZWAR IPANK / AFP)

Australia extends measure that releases petrol and diesel from domestic reserves

Energy Minister Chris Bowen said he reached a judgement that it is best to provide ongoing flexibility.
Energy Minister Chris Bowen said he reached a judgement that it is best to provide ongoing flexibility.

Could biofuels be the antidote that Asia needs for oil shocks?

The Indonesian government has announced a mandate to increase the palm oil blend in its biodiesel to 50 per cent (B50), starting on July 1.
The Indonesian government has announced a mandate to increase the palm oil blend in its biodiesel to 50 per cent (B50), starting on July 1.

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MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2026 SPH Media Limited. All rights reserved.