Energy & Offshore

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.

Amos Group's FY2026 loss doubles to $14.7m

Loss from continuing operations rose to $11.6m.

Concord New Energy strikes $158.5m leaseback deal with industrial bank

The lessee will make quarterly lease payments under a floating interest rate.

Keppel powers up 600-MW hydrogen-ready cogen plant

The plant lifts the group's local generation capacity by 45%.

Geo Energy signs coal offtake MoU with Trafigura

The non-binding deal includes a potential $64.1m to $128.1m prepayment.

Temasek’s 2030 climate target collides with AI energy, aviation pressures

Portfolio emissions are down 30% since 2019, but hard-to-abate sectors stall progress.

Concord New Energy April power output falls 5.3%

Wind and solar generation both declined YoY.

KIT to lift Keppel Merlimau Cogen stake to 90% in $128.1m deal

The deal will boost KIT exposure to Singapore power asset.

H2G Green CEO Pek Hak Bin to step down after one-year term

Its board is now reviewing candidates as it resets priorities across core businesses.

Stalled US-Iran talks to keep energy costs elevated into H2

Investors are also urged to focus on gas sourcing, not just headline LNG prices.

Mooreast divests $29.7m shipyard asset to accelerate offshore wind push

Net proceeds of $19.2m to fund build-out at new Shipyard Crescent facility after asset sale deal.

Cyber threats, uneven AI adoption, and fuel gaps challenge Singapore’s maritime systems, Siow says

The government's new roadmap targets autonomous ports, smart ships and alternative fuels amidst sector risks.