Energy & Offshore
RH Petrogas starts drilling new well in Indonesia’s Papua block
RH Petrogas starts drilling new well in Indonesia’s Papua block
It targets existing reserves whilst testing for additional resources.
H2G Green divests $4m GEIH stake for LNG expansion push
Proceeds will help scale GasHub’s midstream and last-mile logistics network.
KIT secures EMA approval for Keppel Merlimau Cogen stake buy
The proposed transaction remains subject to unitholder approval at an EGM on 18 June.
Mooreast raises $6m from fully subscribed placement
New shares account for 14.65% of its enlarged capital.
Singapore ranks first globally for power grid efficiency as data centre demand surges
The country records a 0.2% transmission loss rate, the lowest across 107 markets surveyed.
Amos Group's FY2026 loss doubles to $14.7m
Loss from continuing operations rose to $11.6m.
Concord New Energy strikes $158.5m leaseback deal with industrial bank
The lessee will make quarterly lease payments under a floating interest rate.
Keppel powers up 600-MW hydrogen-ready cogen plant
The plant lifts the group's local generation capacity by 45%.
Keppel moves closer to 2050 net-zero with sharp emissions drop
It also increased RE use in 2025.
Geo Energy signs coal offtake MoU with Trafigura
The non-binding deal includes a potential $64.1m to $128.1m prepayment.
Temasek’s 2030 climate target collides with AI energy, aviation pressures
Portfolio emissions are down 30% since 2019, but hard-to-abate sectors stall progress.
Geo Energy locks in $1.90b valuation for coal infrastructure unit with ResInvest deal
The two will also form a marketing JV.
Concord New Energy April power output falls 5.3%
Wind and solar generation both declined YoY.
KIT to lift Keppel Merlimau Cogen stake to 90% in $128.1m deal
The deal will boost KIT exposure to Singapore power asset.
H2G Green CEO Pek Hak Bin to step down after one-year term
Its board is now reviewing candidates as it resets priorities across core businesses.
Stalled US-Iran talks to keep energy costs elevated into H2
Investors are also urged to focus on gas sourcing, not just headline LNG prices.
Mooreast divests $29.7m shipyard asset to accelerate offshore wind push
Net proceeds of $19.2m to fund build-out at new Shipyard Crescent facility after asset sale deal.
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