Energy & Offshore

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 reaffirms role as global energy hub

Senior Minister of State for Trade and Industry Low Yen Ling noted energy trade through Singapore rose to US$1.67t in 2024

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.

AsiaPhos plans $59.4m acquisition of Exquisite Mode in reverse takeover

The board believes the deal would allow the company to enter a new growth area.

H2G Green forms new unit to expand into LNG and hydrogen trade

The new unit will build on H2G’s existing energy business in Singapore and focus on regional trading activities.

Geo Energy to acquire 51% stake in two Indonesian shipping firms

The group said it will complement its integrated infrastructure activities.

Union Gas’ net profit falls 16.7% in H1

The company said it was due to expenses increasing by 5.8% YoY.

Vanda RE seeks Singapore energy buyers for Indonesia solar-storage project

The plant will boost green power trade between the two nations.

Rex International widens net loss in H1

It was mainly due to the depletion of oil and gas properties.

Seatrium’s net profit soars in H1

Revenue for the period also grew 34% to $5.4b.