Brunei

Malaysian Petronas will supply excess fuel to Australia, as leaders pledge closer energy relations

Anwar Ibrahim, Malaysia's Prime Minister, said on Thursday that the state energy company Petronas is a major concern. The 'two 'countries would prioritise supplying Australia with their excess fuel supplies as they sought to boost energy security after the Middle East conflict. Anwar claimed to have received an assurance on the issue from Petronas following his discussions with Anthony Albanese, his Australian counterpart on increasing agricultural and fuel trade. Anwar said at a Press Conference after the meeting in Malaysia's administrative Capital Putrajaya, "The priority is domestic requirements... But here is where negotiation among friends is critical." Anwar said that

Energy Markets

Philippines: any energy deal with China must respect Philippine sovereignty

US, Philippine troops shoot down drones in joint defence drills

U.S. soldiers and Philippine soldiers destroyed drones using Stinger missiles in live-fire drills Sunday. The exercises were part of an annual joint military exercise that took place during a time when tensions between Beijing and the Philippines over the South China Sea are simmering. More than 14,000 Filipino and U.S. troops are participating in this year's Balikatan, or "shoulder-to-shoulder", exercises, which run until May 9, focusing on a "full battle test" between the two defence treaty allies in response to regional security concerns. China has condemned the drills for being provocative. The drills took place in Zambales, a province located

Natural Gas Liquids

Bangladesh seeks long-term LNG contracts, to build new LNG import terminals

United States, Japanese, Philippine leaders discussed China's behavior in South China Sea, White Home says

U.S. President Joe Biden on Sunday met essentially with his equivalents from Japan and the Philippines to advance cooperation amongst the three countries, the White Home stated. The 3 leaders discussed trilateral maritime security and economic cooperation, and China's unsafe and unlawful habits in the South China Sea, it said in a statement. The three leaders agreed on the significance of continued coordination to advance a complimentary and open Indo-Pacific. Biden spoke with Japanese Prime Minister Ishiba Shigeru and Philippine President Ferdinand Marcos Jr. late on Sunday, a week before Biden leaves office and hands power to President-elect Donald Trump

Environment

China-U.S. talks on crucial problems under danger as brand-new Trump period looms

U.S. Presidentelect Donald Trump acquires a United StatesChina relationship reset by presidents Joe Biden and Xi Jinping over the last year to raise ties off a diplomatic nadir after COVID19 and stress over Taiwan. Official talks are being held on a range of important concerns, however local diplomats and analysts state these channels essential to handle tense ties might be on the slicing block with Trump in the White Home. They include: DEFENCE Improved interactions in between the two militaries have assisted check stress in local hotspots as Chinese and Philippine coast guard and fishing vessels square off almost weekly

China says no clinical, factual basis for Philippines' damage claims at Sabina Shoal