Energy & Offshore

Concord New Energy's February output drops 8.28% YoY

Attributable solar output fell 22.34% to 69.68 GWh.

Continued Gulf conflict may force energy hikes, GDP reassessment: DPM Gan

The Strait of Hormuz, a key route for crude oil and LNG shipments, has closed.

BDC-CNE deal to test barge-based hydrogen power for Singapore's AI data centres

BDC and CNE signed an MOU to develop hydrogen supply and offshore systems.

Budget 2026: Cushioning carbon tax burden and maintaining competitiveness

Companies could reduce short-term competitive pressure by strengthening their decarbonisation investments. 

Gulf conflict raises energy risks but direct exposure ‘limited’: analysts

It’s a ‘second-order’ crisis for Singapore, said Maybank Research.

SM Lee warns of energy price hikes as Gulf conflict strikes

The economy is vulnerable as tension breaks out between the US, Israel, and Iran.

FX losses drag ISDN Holdings’ net profit by 20.7% YoY in 2025

Unrealised foreign exchange losses in its energy business offset its strong revenue growth.

Seatrium FY2025 net profit up 106% as oil and offshore wind revenue lifts

Gross profit rose to $848m, whilst gross margin improved to 7.4% from 3.1%.

Private sector dominates 66% of grid solar capacity

Private installations reached 1,273 MWp in Q3 2025.

Budget 2026: Carbon tax to reach $50 to $80 per tonne by 2030

Government says it will calibrate future moves to avoid disadvantaging domestic sectors.

Budget 2026: Solar deployment 2030 target raised to 3GW-peak

Singapore is also advancing plans to import low carbon electricity.

Concord New Energy output up 16.9% in January

Attributable solar output fell 4.47% to 90.41 GW.

KIT income jumps 24% to $249.5m in FY2025 on portfolio growth

Digital infrastructure acquisition expands the trust’s portfolio.

Keppel locks in $7.1b long-term contracted revenue after securing $600m in fresh contracts

The new contracts lifted long-term revenue, securing cash flows across Asia to 2040.

Rex International to raise $7.6m at $0.143 per share

The group issues 40.1m new shares at an 8.9% discount to Nursery Road-advised funds.