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Fossil fuels

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.

South-east Asia’s fishermen are being pushed to the brink by fuel costs

Fishermen are struggling as a protracted blockade in the Hormuz Strait leaves the region desperately short of fuel and pushes up costs for everything from transport to refrigeration.
Fishermen are struggling as a protracted blockade in the Hormuz Strait leaves the region desperately short of fuel and pushes up costs for everything from transport to refrigeration.

Britain to delay hike in motor fuel tax to show action on prices

Prime Minister Keir Starmer said that the government will maintain the current duty rates until the end of the year.
Prime Minister Keir Starmer said that the government will maintain the current duty rates until the end of the year.

Singapore emerging as potential regional leader in global fusion energy race

A view of Tokamak Hall, where SPARC, Commonwealth Fusion System's demonstration fusion machine, is being assembled. The facility, located in Devens, Massachusetts, is more than 75 per cent complete.
A view of Tokamak Hall, where SPARC, Commonwealth Fusion System's demonstration fusion machine, is being assembled. The facility, located in Devens, Massachusetts, is more than 75 per cent complete.

Indonesia clings to fuel subsidies despite oil price surge, worrying economists

epa12888124 A worker (R) refuels a motorbike at a gas station in Banda Aceh, Indonesia, 14 April 2026. Minister of Energy and Mineral Resources Bahlil Lahadalia stated that oil supply and prices in Indonesia remain stable, despite distribution disruptions and rising global oil prices. National stocks are in a safe condition, with fuel for up to 20 days and LPG for up to 10 days, after the crisis period, and the supply is assured to be sufficient as Indonesia's fuel needs reach around 1.5 to 1.6 million barrels per day in 2024-2026.  EPA/HOTLI SIMANJUNTAK
epa12888124 A worker (R) refuels a motorbike at a gas station in Banda Aceh, Indonesia, 14 April 2026. Minister of Energy and Mineral Resources Bahlil Lahadalia stated that oil supply and prices in Indonesia remain stable, despite distribution disruptions and rising global oil prices. National stocks are in a safe condition, with fuel for up to 20 days and LPG for up to 10 days, after the crisis period, and the supply is assured to be sufficient as Indonesia's fuel needs reach around 1.5 to 1.6 million barrels per day in 2024-2026.  EPA/HOTLI SIMANJUNTAK

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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.