Energy & Offshore
HSBC to put Singapore trader Zenrock under judicial management
HSBC to put Singapore trader Zenrock under judicial management
Last month, the trader assured that it was not under financial stress.
Daily Briefing: Oil tankers crowd Singapore's coastline; Home-based businesses limited to online operations
And logistics startup Moovaz bags $9.93m in Series A round.
Sembcorp unit begins legal proceedings against Hin Leong for gasoil reserves
The court has ordered to restrain Hin Leong’s affiliate from moving the reserves.
ESG, MPA, MAS assure that Hin Leong won't hit oil trading and bunkering sectors
Oil trading and bunkering sectors remain resilient despite drop in demand.
Keppel inks deals for floating data centre park
The company aims to explore floating data centres and LNG-to-power solutions.
European IPP Amarenco sets up APAC HQ in Singapore
It is starting with the acquisition of a 50MW portfolio in Thailand.
Firms slash electric bills as Singapore launches live auctions for packages
On average, savings can hit 30% off the regulated tariff after live auctions were launched.
Chart of the Day: Singaporean market is 7th most environmentally conscious
Majority of the country’s electricity output comes from fossil fuels.
Ezion's loss widened 78.6% to $855.5m in 2019
The group is struggling to draw down the required funds from its lenders on time.
Singapore a bright spot for bleak oil & gas industry: EY
The city is optimal for oil companies looking to set up streamlined trading functions.
Daily Briefing: Vena Energy floats first USD green bond; Blockchain firm PLMP secures Cambodian licence
And Funding Societies has partnered with SGeBIZ to boost capital access.
Sembcorp Industries' profits dropped 29% to $247m in 2019
The contraction in profits was due to losses incurred by the marine and energy business.
Sembcorp investor sentiment hit by investment losses
Much of the group’s impairments came from the recently-acquired UKPR assets.
Keppel's associate Floatel halts proposed merger
The companies viewed that any near-term merger was unlikely.
SIA, SIAEC inks 8.2 MWp PPA with Sembcorp Solar
Over 2,000 solar panels will be installed on SIA and SIAEC’s premises.
Sembcorp Industries to record $245m material impairments in Q4 2019
It expects its energy business to see a net loss.
Daily Briefing: Temasek's $50m solar bet; Malls shut in China
And travel players implement precautionary measures against Coronavirus spread.
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