Southeast Asia's flashpoint
Vietnam's need for more energy is reviving the disputes with Beijing over the South China Sea
Oil and gas-hungry Vietnam is tweaking the lion's tail in a long-disputed part of the South China Sea that could bring to a head a simmering row with China. Hardly a month after China oversaw the development—or rather revival—of a "negotiating framework" with Vietnam and other claimant nations intended to establish a code of conduct for arguments in these waters, Vietnam began exploration in the Spratly Islands over which China has unilaterally asserted its rights. Almost immediately, China cancelled a defence meeting with Vietnam. In the process put in jeopardy the code of conduct that Chinese foreign minister Wang Yi had hailed as a solid foundation that would ensure a generally stable sit

Also in this section
10 April 2025
Technology, policy and narrative are the three biggest factors that could change the course of our 2050 outlook
10 April 2025
Latin America’s largest economy expects big uptick in crude this year with the imminent arrival of several FPSOs
9 April 2025
A rising global population and greater urbanisation will mean increasing demand for energy, but what will be up and down in the mix? Petroleum Economist looks out to 2050 again in the second part of our long-term outlook
9 April 2025
AI is powering the Middle East & North Africa’s digital transformation, but can the region meet soaring energy demand sustainably? Small modular reactors may hold the key