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AsiaElec covers utility-scale power developments and policy across all main industry sectors, including coal and gas-fired thermal power, nuclear, renewables, hydro, combined heat and power (CHP), transmission, grid and storage. It also covers the closely interlinked coal-mining sector.
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JERA and Kogas ink MoU on LNG cooperation
The world’s largest LNG buyers JERA and Kogas have signed a Memorandum of Understanding to increase cooperation in the LNG sector.
Middle East conflict spurs LNG Canada to increase exports
Shell-operated LNG has stepped up production and cargoes exports as buyers in Asia scramble for supply in the midst of the conflict in the Middle East.
ING: Asia’s outlook under higher oil prices
While inflation risks remain largely manageable at the moment given a low starting point, higher import bills will result in weaker trade balances with some currencies like PHP, THB, INR and KRW more vulnerable.
Honda warns EV strategy rethink could cost up to $15.7bn
The company also warned it may record additional write-downs on investments in China as competition in the market intensifies.
Myanmar trials digital verification for fuel purchases
Myanmar will begin testing a QR code system for fuel purchases in a bid to cut long queues at petrol stations.
Nearly 2,000 Cambodian petrol stations shut amid fuel shortages
Nearly 2,000 fuel stations in Cambodia have temporarily closed due to a shortage of petrol and diesel, prompting government action to stabilise supply.
Iran agrees to provide safe passage to Bangladeshi oil and LNG vessels
Iran has officially agreed to grant safe passage to Bangladeshi oil and LNG ships passing through the Strait of Hormuz.
India negotiates with Iran for safe passage of fuel carriers
According to a March 12 2026 press briefing by India's Ministry of External Affairs, minister in charge, Dr. S. Jaishankar, has held three separate conversations with Iran’s Foreign Minister Seyed Abbas Araghchi.
South Korea firm wins $96mn Australian energy deal
Hyosung Heavy Industries (298040.KS) has finalised a contract worth KRW142.5bn ($96.32mn) to deliver an energy storage system (ESS) for Tangkam BESS in Australia.
Cambodia keeps electricity prices stable despite fuel pressures
Cambodia’s government is absorbing higher electricity production costs to keep power prices stable despite the global fuel crisis.
China connects first privately backed nuclear power unit to grid
China's first generation unit of nuclear power station in eastern Zhejiang that includes minority private investment has been successfully linked to the national power grid.
Hyundai signs Indonesia battery recycling deal with Chinese firm
Hyundai Motor Group (005380.KS) announced on March 12 that it has formalised a preliminary agreement with a Chinese firm to develop a battery recovery network within Indonesia.
Japan nuclear regulator to review deadline for anti-terror facilities
Discussions at the regulator in the coming months will focus on a proposal to start counting the five-year period from the beginning of reactor operations. Such a change would in practice amount to an extension of the current deadline.
Peak Energy acquires nearly 10MW solar portfolio in Singapore
Peak Energy has acquired a solar portfolio with close to 10 megawatts of capacity in Singapore from Maiora Renewable Energy Pte Ltd, a move expected to strengthen the city-state’s domestic renewable power supply and corporate decarbonisation
Taiwan pondering restart of nuclear plant by 2028
Taiwan’s stance on nuclear power shifted significantly after Japan’s 2011 Fukushima disaster, which bolstered opposition to nuclear energy.
Renewable energy expansion boosting rural incomes in India
India’s renewable energy expansion is increasingly strengthening the rural economy and helping farmers raise their incomes, Union minister for new and renewable energy Pralhad Joshi said.
China Huadian reveals candidates for 12GWh storage tender
China Huadian Group (1071.HK) has reached the candidate selection stage for its 2026 lithium iron phosphate energy storage framework.
Vietnam fuel prices climb again despite stabilisation fund intervention
Fuel prices in Vietnam rose again on March 11, despite the government drawing on its fuel price stabilisation fund to soften the impact of global oil market turmoil.
Cambodia Spends $606mn on fuel imports in early 2026
Cambodia’s spending on imported fuels and oils dropped sharply in early 2026, reflecting both market adjustments and growing domestic energy capacity.
Vietnam promotes EV shift as fuel prices surge
Vietnam’s largest private conglomerate has launched incentives to encourage drivers to switch to electric vehicles as global fuel prices remain volatile.
Myanmar residents burned during cross-border fuel transfers
Two people were injured in separate fire incidents linked to fuel shortages in the Myanmar border town of Myawaddy, rescue workers said.
Thailand arrests Myanmar national amid fuel export ban
Thai authorities have arrested a Myanmar national suspected of attempting to smuggle diesel across the border, days after Thailand imposed a temporary fuel export ban amid turmoil in global energy markets
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