Energy & Offshore

Seatrium signs FLNG conversion LOI with Golar

This marks the third project undertaken by Seatrium for Golar.

RH Petrogas profit rises to $12.5m on higher oil prices, lower costs

Realised oil prices reached $110.08 per barrel during the period.

Sembcorp net profit drops 72% to $150m in H1

Underlying profit falls 25%, whilst Alinta acquisition costs total $155m. 

Concord New Energy forecasts up to 69% drop in H1 profit

The decline was attributed to lower power generation.

KIT takes 45% stake in Enpal’s second German solar portfolio

The trust has committed approximately $50m for the acquisition.

MTI overhaul elevates energy under new name, leadership

DPM Gan Kim Yong and Minister Tan See Leng will co-lead the renamed ministry. 

Geo Energy begins MBJ coal loading with $4.2m cargo

The group is targeting coal sales of about 8 million tonnes in H2.

Singapore pushes back against US biofuel scrutiny

The government maintained local output followed market demand as the US trade probe continues.

Singapore’s global dispute fault lines

Geopolitical and macroeconomic factors will drive disputes, and Singapore must ensure that its disputes system evolves.

GasHub starts LNG supply at Rolls-Royce Seletar facility

The project marks the completion of a new storage and regasification facility.

RH Petrogas starts drilling new well in Indonesia’s Papua block

It targets existing reserves whilst testing for additional resources.

H2G Green divests $4m GEIH stake for LNG expansion push

Proceeds will help scale GasHub’s midstream and last-mile logistics network.

KIT secures EMA approval for Keppel Merlimau Cogen stake buy

The proposed transaction remains subject to unitholder approval at an EGM on 18 June.

Mooreast raises $6m from fully subscribed placement

New shares account for 14.65% of its enlarged capital. 

Singapore ranks first globally for power grid efficiency as data centre demand surges

The country records a 0.2% transmission loss rate, the lowest across 107 markets surveyed.