Energy & Offshore

Asia Power's Chairman Sha Guangwen resigns

Sha Guangwen was also a Member of Nominating Committee, Chairman of Asia Power Performance Share Scheme Committee, and Chairman of Asia Power Share...

Asia Power's Chairman Sha Guangwen resigns

Sha Guangwen was also a Member of Nominating Committee, Chairman of Asia Power Performance Share Scheme Committee, and Chairman of Asia Power Share...

Despite tumbling stocks, Singapore's O&M spending upcycle stays intact

Demand for rigs is rising despite the continuing global financial woes that have hurt offshore and marine stocks.

Nordic Group's Chief Executive Officer resigns

Chang Yeh Hong retains his responsibilities as Executive Chairman of the Group.

NEL Group appoints Mohd Daud Bin Ishak as Director

The company sees his experience as businessman as welcome contribution.

Swiber’s 1Q12 profit jumps 5.9% as work on contracts starts rolling

The marine services company recorded a net income of more than US$12 million as it  delivers services for the various contracts secured in 2010 and...

RH Petrogas appoints Peter Ng Choong Joo as Executive Director

He will be assigned strategic oversight of the Group's financial functions, including oversight of capital, finance and treasury.

Sembcorp Marine upsides too strong to ignore: DBS

It has the potential to score billions from drillship and semi-sub contracts, and a redoubled capacity in ship repair and conversion.

Chemoil Energy's Chief Financial Officer Mats Henrik Berglund resigns

He opted to accept appointment as CEO of Pacific Basin Shipping Limited in Hong Kong.

COSCO looks to offshore for its comeback

With its shipping segment in a major revenue slump, the firm will pin its hopes on higher margin offshore deals.

Sembcorp acquires power assets in China for US$85.5 million

The acquisition includes a 49% stake in four wind power assets and a coal-fired power plant.

Indonesia's energy subsidy a boon to public finance?

Reforms in fuel and electricity subsidies could free up funds for a much needed investment in physical and human capital.

Sembcorp opens its first energy-from-waste plant on Jurong Island

The S$34m woodchip-fuelled biomass steam production plant is capable of producing 20 tonnes per hour of process steam.

Keppel Energy enters gas sales agreement with Petronas

The contract value is estimated to be about US$2.2b.

JJSEA completes solar panel project in Tuas

The solar panels are projected to generate 154 MWh of electricity a year.

Energy Conservation Bill passes, poses new mandates

Industry and transport companies, for one, have to hire a dedicated manager to optimize energy use and efficiency.

Spike in oil price accelerates growth in Vietnam's motorcycle engine oil market

The country’s four biggest local brands Mekong Oil, Prolimex, Vilube and Mipec have grown substantially from 7 percent in 2010 to 11 percent in 2011...

New regulations for carbon management changing the game in Asia-Pacific?

Enterprises are still urged to invest in energy management tools despite tough opposition from the business community.