Energy & Offshore
Gov’t edges up expected growth for exports, merchandise trade
Gov’t edges up expected growth for exports, merchandise trade
This is whilst rising oil prices and high global semiconductor demand continue.
Total merchandise trade up 28.1% in Q2 22
This followed the 20.8% growth in the previous quarter.
Energy price spike powers Sembcorp’s half-year profits
The group reported a 94% surge in profits.
Two local startups receive grants to develop sustainable energy solutions
These are for underwater infrastructure inspection and low-carbon hydrogen production.
Sembcorp Industries' Myanmar subsidiary unharmed by foreign law repayment halt
Its power plant continues to run whilst employees are safe.
Sembcorp Marine secures contract for Australian energy company
The contract is to build and install a gas topside.
Sembcorp Industries expects ‘materially higher’ financial results in 1H22
Its conventional energy segment drove better results for the company.
EMA, SIT launch 2nd grant call for new energy tech proposals
The submission deadline is on 15 October at 12 pm.
EMA, JTC award 3 projects to test-bed clean energy tech on Jurong Island
The projects under the $6m grant which opened for proposals last year.
Will higher oil prices bode well for SG's oil-related stocks?
Oil prices have risen 37% in 2022.
Singapore’s first energy storage system deployed at Pasir Panjang Terminal
It has a 2MW/2MWh capacity and is set to operate in Q3 2022.
Chart of the day: Singapore ranks 2nd in energy FDIs in ASEAN
The country has been part of the top three since 2008.
Keppel to invest $233.6m in European onshore wind project
Keppel Corp and KIT will jointly invest in a 33.33% stake in FundCo.
Singapore is 3rd most attractive market for energy sector FDI
It posted an index of 72.74%, ranking behind Luxembourg and Hong Kong.
SGX RegCo to investigate Eneco Energy Limited over listing rules breaches
Amongst these breaches is the non-disclosure of exploration permit expiry.
EMA opens for second wave of proposals for electricity imports
Bids for electricity supplied by coal-fired generation technologies will be rejected.
Sembcorp Marine's Ropax ferry 'Dragsvik' sets sail to Norled
The battery-powered vessel can operate at a speed of 10 knots.
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