Energy & Offshore

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.

STT GDC launches AI test bed to trial HVDC efficiency

The facility on Jurong Island uses solid-state transformers to cut energy loss.

Rex targets February 2026 to trigger Benin well production

The installation of reservoir screens and pumps remain for final stages.

Mapletree locks in SP Group for HarbourFront cooling network

The 5-building link will slash 13,700 tonnes of carbon and save 5% in annual costs.

Keppel secures 720 MW Australian site for AI campuses

It obtained exclusive rights to a massive 123-hectare site southeast of Melbourne.

New LNG bunkering rules force bidders to own bunker vessels

Bidders can no longer simply broker fuel but are now forced to own or charter at least one specialised LNG bunker vessel.

Geo Energy completes 51% maritime unit acquisition

Deal adds 275.2 million new Geo Energy shares