Energy & Offshore
Chandra Asri to acquire Esso retail stations in Singapore
Chandra Asri to acquire Esso retail stations in Singapore
The Indonesian firm will use the Esso brand and purchase fuel from ExxonMobil.
MAS fines former AEHL director $137,000 for insider trading
On 18 November 2019, AEHL said a creditor demanded immediate repayment of $83.4m.
Geo Energy Group doubles sales volume to 3.4 million tonnes in Q3
The firm's coal sales jumped as average selling price declined.
Sanli Engineering awarded $205m project for Changi NEWater factory
The group's order book now reached a record $838.7m.
Tuas Power to convert steam generation plant to run on 100% renewable energy
The plant has a generation capacity of 133MW of power.
Tuas Power to complete Singapore’s first 100% biomass conversion by 2028
The landmark project will cut one million tonnes of carbon emissions annually.
Singapore nuclear study omits key details on siting and grid integration
Radiation exposure near a plant is likened to 2% of a chest X-ray or eating 10 bananas a year.
Singapore earmarks 300 hectares on Jurong island for green energy use
A key initiative is a planned cross-border carbon capture and storage (CCS) network being studied by S-Hub.
Verta Bioenergy to boost biomass output to meet surging demand
It has received early orders from major Philippine companies.
ST Engineering, Siemens secure contract for Estrella del Mar IV
The facility will produce 145MW at the shores of the Dominican Republic.
SG, Malaysia forge two new power deals
The proposed projects could support 3 GWs of power.
Sembcorp’s India unit to acquire ReNew Sun Bright for $246m
Upon completion, the group’s gross renewable energy capacity in India will reach 6.9 gigawatts.
Singapore, Mongolia ink carbon credits deal
The deal sets out a framework for developing and trading carbon credits under Article 6 of the Paris Agreement.
Hourly CFE matching could save SG $238.6m annually by 2030
A planned 1 GW link to Batam, Indonesia, would increase Singapore’s base CFE share to 10% from about 2.7%.
Geo Energy bags $354.55m loan for refinancing, acquisitions
The company aims to boost the production capacity of the TRA coal mine.
Rex Int'l reports over 12,230 barrels of oil in August
Its Norwegian subsidiary contributed 10,629 barrels of oil equivalent per day.
Singapore data centres constrained with vacancy at just 3.6%
The firm noted Singapore recorded 28.1 megawatts of leasing activity in the first half of 2025.
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