Energy & Offshore
Geo Energy's FY23 net profit drops 62% YoY
Geo Energy's FY23 net profit drops 62% YoY
The company attributed the decline to its lower gross profit.
Pavilion Energy deploys 1st ship-to-ship LNG bunkering to Rio Tinto
It delivered 1,970 metric tonnes of LNG to a Rio Tinto-charted bulk carrier.
Sembcorp Industries’ net profit up 11% to $942m in FY2023
Net profit for gas and renewables segments rose.
Singapore expands energy efficiency grant
The government also identified two tiers of support under the grant.
Seatrium, GE Vernova to develop 3rd offshore wind project in the Netherlands
Works on the project will begin on 1 June 2024.
Singapore injects initial $5b in Future Energy Fund
The natural gas-reliant country is setting up its second LNG terminal.
SG, Indonesia ink LOI on carbon capture and storage collaboration
The two countries will work on a legally binding bilateral agreement.
Keppel to install solar PV system at Changi Airport
The solar PV system will have a combined generation capacity of 43 MWp.
Sembcorp unit acquires 228MW of wind assets in India
The company’s gross renewables portfolio globally stands at 13.5 GW.
Geo Energy Resources bags US$35m investment from Resource Invest AG
The investment company will acquire a 5.5% stake in the Indonesian coal producer.
Singapore advances in energy efficiency for office buildings
New technologies drive significant savings for office owners.
Pan-United taps Cleantech Solar for solar PV systems
Approximately 900 solar panels will be installed at Pan-United's Singapore HQ and its Malaysian plant.
Leong Wei Hung to take the helm as CEO of Singapore LNG Corporation
He will begin his tenure on 7 April.
Singapore LNG Corporation (SLNG) has named Leong Wei Hung as its new Chief Executive Officer.
CLINT increases renewable energy usage by over 70% with a new solar plant in India
The 21-megawatt solar plant will generate over 30 million kWh of electricity annually.
Chevron Singapore, Keppel, and more industry leaders ink MoU to explore lower carbon opportunities
The parties aim to commercialise new lower-carbon technology pathways in Singapore.
Oiltek secures new contracts worth $2.75m
The contracts will involve projects in Malaysia and South Korea.
Singapore faces cost, investment hurdles in hydrogen push
Significant technological development will enable Singapore to generate 50% of its power from low-carbon hydrogen by 2050.
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