Energy & Offshore

Grim outlook ahead for Sembcorp's energy arm

The downtrend will last for the rest of the year.

Clifford Capital, SMBC grant $199.75m loan for 300MW oil-fired plant

It’s the first IPP in Bangladesh financed by international commercial financiers.

Oil trader ZenRock under more than $850.5m in debt: report

The trader owes $235.45m to at least six banks.

PUB, Sembcorp inked 25-year power purchase agreement

The plan is to build a floating solar PV system on Tengeh Reservoir.

HSBC to put Singapore trader Zenrock under judicial management

Last month, the trader assured that it was not under financial stress.

Sembcorp unit begins legal proceedings against Hin Leong for gasoil reserves

The court has ordered to restrain Hin Leong’s affiliate from moving the reserves.

ESG, MPA, MAS assure that Hin Leong won't hit oil trading and bunkering sectors

Oil trading and bunkering sectors remain resilient despite drop in demand.

Keppel inks deals for floating data centre park

The company aims to explore floating data centres and LNG-to-power solutions.

European IPP Amarenco sets up APAC HQ in Singapore

It is starting with the acquisition of a 50MW portfolio in Thailand.

Firms slash electric bills as Singapore launches live auctions for packages

On average, savings can hit 30% off the regulated tariff after live auctions were launched.

Chart of the Day: Singaporean market is 7th most environmentally conscious

Majority of the country’s electricity output comes from fossil fuels.

Ezion's loss widened 78.6% to $855.5m in 2019

The group is struggling to draw down the required funds from its lenders on time.

Singapore a bright spot for bleak oil & gas industry: EY

The city is optimal for oil companies looking to set up streamlined trading functions.