Energy & Offshore
Renewables to eat up 21% of Thailand's energy mix by 2028
Renewables to eat up 21% of Thailand's energy mix by 2028
Strong government support is pushing reliance away from natural gas-fired power.
Solar and wind to snap up 16% of China's power mix by 2028
Cost deflation for wind and solar could sustain the momentum of renewables.
Thailand's domestic gas production declines amidst changes in energy mix
The government is stepping up its efforts to diversify its power sector to move away from a reliance on gas production.
Sembcorp ties up with Singapore Polytechnic to recycle solar panels
The two will also train manpower to support solar energy development.
China's gas exports may surge in 2019 with additional 890,000 barrels per day
A domestic glut in its gasoline market and new refineries across its coastal provinces will push its supply.
Are Singapore banks bracing for another O&G nightmare amidst Coastal Oil troubles?
The indebted crude oil supplier owes the three Singapore banks a combined US$172.1m.
Noble Group finally completes restructuring plans
A total of $1.09b in new money debt is available to New Noble.
Effective date for Noble's restructuring pushed to 20 December
It was originally set for 19 December.
Daily Briefing: More than 30 en bloc sales failed to find buyers; Bermuda court approves Noble Group's restructuring
And work pass administrative fees will increase in April 2019.
Daily Briefing: Grab clinches US$150m from automaker Yamaha Motor Co.; Finnish biofuel producer Neste plans to inject $2.2b in Singapore's biofuel production
And energy savings firm Barghest Building Performance nabs $45m from investment firm KKR & Co.
China's robust crude appetite may be a boon for exporters in 2019
Crude oil imports surged 15% YoY to a record 42.7 million tonnes in November.
Noble Group secures bid extension for restructuring
It is eyeing for a hearing in a Bermudan court on 14 December.
Noble pushes for restructuring after authorities block re-listing
Authorities cited that New Noble’s net asset value could be adjusted downwards by 40-45% and disable investors to make informed choices.
Noble restructuring could get pushed to 11 December
It is making time for regulators’ probes into its reporting and accounting practices.
Authorities start probe on Noble's disclosure and accounting practices
Suspected breaches were found in its financial statements for 2012 to 2016.
Strong Asian demand may create global LNG deficit by 2022
The continent will account for two-thirds of the overall demand in the coming years.
Keppel O&M bags $30m upgrade contract from KrisEnergy
The production barge will be capable of processing up to 30,000 barrels of fluid per day by its completion.
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