Energy & Offshore

Geo Energy Resources’ Q3 net profit dwindles 39% to $9.3m

The decline was due to lower sales and selling prices as well as finance costs from loans.

Singapore commits US$500M for Asia-wide decarbonization efforts

The fund will be used to raise US$5b to support green transition in Asia.

Singapore to collaborate with Indonesia on energy and food security

The parties will particularly work on clean energy and sustainability.

AsiaPhos expects Q3 and 9M 2024 recovery

The sale of subsidiaries helped push AsiaPhos toward a rebound.

Falcon Energy Group to delist on 15 November

Deloitte & Touche LLP were appointed as liquidators.

KIT and MPIC to sell 100% stake in PCSPC for $598m

The parties will sell their shares to affiliates of I Squared Capital.

JTC, VFT, Advario sign MoU for energy storage in Jurong Island

It aims to optimise the storage of excess electricity from renewables.

Keppel Infrastructure Trust's distributable income falls to $106.1m in 9M2024

Its environmental services segment also saw a 16.4% decrease.

Sembcorp wins 150MW wind-solar hybrid power project in India

The contract was awarded through its subsidiary, Sembcorp Green Infra Private Limited.

Mooreast subsidiary, NTOU sign MoU for marine energy research

Under the MoU, both parties will develop floating wind platforms.

Surbana Jurong and Hyundai partner to develop Small Modular Reactors

They will also explore projects focused on renewable energy.

COTD: Regulatory compliance drives 47% of SMEs to decarbonise

Client requirements and cost savings are also pushing SMEs to go green.

Singapore commits to net zero emissions by 2050

It also aims to reduce emissions to approximately 60 MtCO2e by 2030.

Bain & Company, SBF launch decarbonisation programme for SMEs

The programme helped 80% of participating SMEs establish their emissions baseline.