Energy & Offshore

SGX gives Eneco Energy more time to hold 2018 AGM
4 Apr 19
Eneco Energy’s auditors asked for more time to complete the audit of the 2018 results.
KPMG doubts KS Energy's ability to continue operations
2 Apr 19
The firm incurred a net loss of $53.9m for FY2018.
Daily Briefing: Electricity tariffs down 4.7% for Q2; VC firm DSG Consumer Partners raises $30m
1 Apr 19
And Wirecard rejects the link between its compliance manager’s exit and fraud allegations.
Darco Water Technologies inks deal with Mattan for ASEAN solar PV projects
28 Mar 19
Mattan will look after the designs, technical drawings, procurement and project management of the projects.
Keppel Corporation arm bags $425m deal with drilling contractor Awilco Drilling PLC
25 Mar 19
It will construct a second mid-water semi-submersible drilling rig for harsh environment use.
Ramba Energy renames to Eneco Energy
15 Mar 19
The name change on SGX will take place on 18 March.
Ramba Energy files QPR Waiver Application
14 Mar 19
The firm said that the information included in its QPR are of a “highly confidential and sensitive nature”.
Daily Briefing: GIC invests in US energy infrastructure Tallgrass Energy; Mixed-use development Selegie Centre sold at $120m
12 Mar 19
And Singapore-based healthcare startup Docquity bagged US$11m in a series B funding round.
Rosneft opens trading arm in Singapore
8 Mar 19
It plans to manage new projects and boost oil sales in Asia.
Retailer's exit from Singapore's electricity market: No need for warning bells
7 Mar 19
Earlier in January, electricity retailer Red Dot Power (RDP) announced its exit from the electricity market, citing a “financial challenging...
Mirach Energy seeks more time to be excluded from SGX financial watch-list
4 Mar 19
It has streamlined its oil & gas business to improve its profits and market cap.
Renewables to eat up 21% of Thailand's energy mix by 2028
11 Feb 19
Strong government support is pushing reliance away from natural gas-fired power.
Solar and wind to snap up 16% of China's power mix by 2028
11 Feb 19
Cost deflation for wind and solar could sustain the momentum of renewables.
Thailand's domestic gas production declines amidst changes in energy mix
30 Jan 19
The government is stepping up its efforts to diversify its power sector to move away from a reliance on gas production.
Keppel beefs up Chinese footholds as cooling measures dim Singapore prospects
28 Jan 19
Of the 4,440 homes it sold in FY18, half were in China.
Sembcorp ties up with Singapore Polytechnic to recycle solar panels
24 Jan 19
The two will also train manpower to support solar energy development.
Keppel Infrastructure Trust's profits slid 32.7% to $32.02m in 2018
23 Jan 19
It blamed lower contributions from gas supplied City Gas and lower revenue at Basslink.
China's gas exports may surge in 2019 with additional 890,000 barrels per day
15 Jan 19
A domestic glut in its gasoline market and new refineries across its coastal provinces will push its supply.
Are Singapore banks bracing for another O&G nightmare amidst Coastal Oil troubles?
11 Jan 19
The indebted crude oil supplier owes the three Singapore banks a combined US$172.1m.
Daily Briefing: Singapore and Malaysia suspend permanent restrictions over Pasir Gudang and Seletar Airport; Shell fined $400,000 for Pulau Bukom fire
9 Jan 19
And Go-Jek Singapore poaches HSBC’s PayMe creator Adam D’Arcy as its chief product officer.
LOGOS acquires 25 ha Tuas South Avenue 14 site for $585m
7 Jan 19
The site houses an integrated industrial and warehouse facility with a total gross floor area of 1.6 million sq ft.
Noble Group finally completes restructuring plans
20 Dec 18
A total of $1.09b in new money debt is available to New Noble.
Effective date for Noble's restructuring pushed to 20 December
19 Dec 18
It was originally set for 19 December.
Daily Briefing: More than 30 en bloc sales failed to find buyers; Bermuda court approves Noble Group's restructuring
17 Dec 18
And work pass administrative fees will increase in April 2019.
Daily Briefing: Grab clinches US$150m from automaker Yamaha Motor Co.; Finnish biofuel producer Neste plans to inject $2.2b in Singapore's biofuel production
14 Dec 18
And energy savings firm Barghest Building Performance nabs $45m from investment firm KKR & Co.
China's robust crude appetite may be a boon for exporters in 2019
14 Dec 18
Crude oil imports surged 15% YoY to a record 42.7 million tonnes in November.
Noble Group secures bid extension for restructuring
12 Dec 18
It is eyeing for a hearing in a Bermudan court on 14 December.
Noble pushes for restructuring after authorities block re-listing
7 Dec 18
Authorities cited that New Noble’s net asset value could be adjusted downwards by 40-45% and disable investors to make informed choices....
Noble restructuring could get pushed to 11 December
26 Nov 18
It is making time for regulators’ probes into its reporting and accounting practices.
Authorities start probe on Noble's disclosure and accounting practices
20 Nov 18
Suspected breaches were found in its financial statements for 2012 to 2016.
Strong Asian demand may create global LNG deficit by 2022
19 Nov 18
The continent will account for two-thirds of the overall demand in the coming years.
Keppel O&M bags $30m upgrade contract from KrisEnergy
12 Nov 18
The production barge will be capable of processing up to 30,000 barrels of fluid per day by its completion.
Sembcorp to build 6.2MWp rooftop solar farm in Singapore
5 Nov 18
The panels are expected to power more than 1,500 four-room HDB flats for a year.
Indonesian coal producer drops lawsuit against Noble
31 Oct 18
It covered a breach of a technical services and management consulting agreement in 2015.
Singapore to pilot deployment of energy storage systems
30 Oct 18
ESS can prevent intermittency of renewable power sources and enhance grid stability.
Keppel Infrastructure's Basslink rejects operational disputes by Hydro Tasmania
22 Oct 18
Hydro Tasmania claimed that some of Basslink’s facilities did not meet operational requirements.
Keppel bags $111.11m contract for Australia's first waste-to-energy plant
18 Oct 18
The facility will be able to reduce 90% of the waste that goes to landfills.
Noble gives creditors instructions on restructuring claims
18 Oct 18
Creditors can risk participate in the US$625m new money debt.
Here's how a shift from feed-in tariffs to auctions could drag Japan's solar power sector
11 Oct 18
It will transition to auctions for procurement of bigger solar projects.
Keppel O&M bags contracts to build LNG carriers for $105m
7 Oct 18
The new LNG carriers will each have a capacity of 7,500 cubic metres.

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