Wednesday, 27 August 2025

Asia-Pacific

A street light is seen during a sunrise in Dili, East Timor Sunday, Sept. 8, 2024. (AP Photo/Firdia Lisnawati)
AnalysisClimateEconomyElectricityEmissionsHydropowerNatural GasOilPoliticsSolarWind

Diesel-dependent East Timor remains slow on energy transition

In one of the world's youngest countries, pledges to develop renewable power have yet to be met while East Timor's gas fields start...

FILE PHOTO:Smoke and steam billows from a coal-fired power plant in Suralaya, Banten province, Indonesia, July 11, 2020. REUTERS/Willy Kurniawan/File Photo
CoalEconomyElectricityFuelInfrastructureNewsPoliticsTransmission

Indonesia has yet to receive promised G7 funds to reduce coal use

Minister overseeing mining complains of inadequacies in financing mechanism designed to ease Indonesian transition from coal, backed by G7.

FILE PHOTO: A chimney of a steel factory emits smoke in Tangshan in China's Hebei Province November 3, 2015. Picture taken November 3, 2015.         REUTERS/Kim Kyung-Hoon/File Photo
ClimateEmissionsEmissions MarketsIndustryManufacturingNewsPolitics

China to include steel, cement and aluminium in its carbon market

Plan to include new sectors in China's carbon markets will see emissions trading cover 60% of the country's total greenhouse gas production.

A general view of the renovated Panasonic Energy factory in the city of Kinokawa, Wakayama prefecture, Japan, September 9, 2024. REUTERS/ Daniel Leussink
AutomotiveBusinessElectric Vehicles (EVs)NewsTransport

Tesla-supplier Panasonic Energy prepares for high-capacity EV battery production

Renovated Japanese factory will produce Panasonic 4680 cells, with five times the capacity of previous batteries to boost EV range.

FILE PHOTO: Security guards stand at the BYD booth at the Auto Shanghai show, in Shanghai, China April 19, 2023. REUTERS/Aly Song/File Photo
AutomotiveBusinessElectric Vehicles (EVs)NewsTransport

Chinese car sales fall for fifth straight month

Subsidies for petrol-powered vehicles help boost EVs in China car sales even as overall picture continues slump.

Climate rally, Seoul, September 7, 2024. REUTERS/Kim Hong-Ji
ClimateEnvironmentNewsPoliticsWeather

Tens of thousands in South Korea protest lack of climate progress

More than 30,000 protesters gathered in Seoul in broiling heat on Saturday, demanding action by the government to combat global warming

FILE PHOTO: A view shows an oil pump jack outside Almetyevsk in the Republic of Tatarstan, Russia June 4, 2023. REUTERS/Alexander Manzyuk/File Photo
Natural GasNewsOilTrade

Russia raises forecast for 2024 oil, gas export revenues by $17.4 billion, document shows

Russia's 2024 oil and gas export forecast was raised by $17.4 billion to $239.7 billion, driven by higher price expectations.

FILE PHOTO: Nippon Steel logo is displayed at the company's headquarters in Tokyo, Japan April 1, 2024.  REUTERS/Issei Kato/File Photo
AnalysisBusinessEconomyIndustryPoliticsTrade

Analysis: Nippon Steel’s US setback a wake-up for Japan Inc’s foreign forays

Japanese firms grow cautious on U.S. deals as Biden may block Nippon Steel’s $15B U.S. Steel bid over security concerns.

A worker walks past inside the Asian Development Bank (ADB) headquarters in this file photo. REUTERS/Cheryl Ravelo/ File Photo
BusinessClimate FinanceEconomyFinanceNewsResiliency

ADB to devote half its lending to climate finance by 2030

Asian Development Bank hikes climate financing ambitions with a $100bn target and plan to boost private sector projects.

An attendee takes photos of the Chinese electric vehicle BYD models on display, during an event to announce the plans to open a car production plant in Pakistan, in Lahore, Pakistan August 17, 2024. REUTERS/Stringer/File Photo
AutomotiveBusinessElectric Vehicles (EVs)NewsTransport

EVs will account for up to half of auto sales by 2030, BYD Pakistan says

China's BYD hopes that Pakistan EV sales will shoot up as it enters a market dominated by Japanese brands.

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