Energy & Offshore
General Electric invests $60m in gas turbine repair centre in Singapore
The centre will start repairing components in 2021.
Daily Briefing: Mitsubishi to close Singapore oil trading unit; FX platform CashChanger launches remittance comparison site
And MND confirms that first time BTO applicants will not get additional ballot chances.
Kuok Group makes takeover offer for POSH
It eyes to buy the firm for 21.5 cents per share.
2GWp of solar power to be deployed by 2030
The government is exploring vertical solar panel installations.
Daily Briefing: KrisEnergy divests 30% stake in Indonesia O&G block; Reefknot makes maiden investment in AI-firm PROWLER.io
And India-based startup Livspace invests $40.82m to expand in Singapore and APAC.
Sembcorp and EMA award university grant to develop Singapore's first virtual power plant
It will act as a single utility-scale power station.
Sembcorp to provide solar power to UBS for ten years
UBS expects to run its entire operations on renewables by 2020.
CSC Holdings' total value of contracts hit $140m for FY2019-20
$70m worth of contracts were secured in August.
Coal to account for 67.8% of Indonesia's energy mix by 2022
It poses a problem on the government's renewables push.
How will Kris Energy's bankruptcy impact Keppel?
The amount of Keppel's enlarged stake in Kris is worth $131m in H1 2019.
Linde breaks ground for $1.9b Jurong site expansion
It will be used to support the expansion of its partner ExxonMobil.
Noble Group urges shareholders to receive shares in Noble Holdings
An issuer will hold the shares until 19 December 2019.
Daily Briefing: Medtech startup DocDoc raises $17.7m in funding round; Over 20,000 locals booked HDB flats under Single Singapore Citizen Scheme
And Shell is mulling the installation of solar panels for its Bukom refining site.
Keppel O&M on the cusp of recovery with $1.9b contract win YTD
It surpassed the $1.7b new orders secured during the whole of 2018.
How much petrol can the average Singaporean afford?
He can buy more than an average Hongkonger with a month’s salary.
Maybank demands $33.6m from Hyflux for early termination of hedging deal
The bank designated 4 July as its date of termination.
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Commentary
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