Energy & Offshore
DBS launches Electricity Marketplace in Jurong
DBS launches Electricity Marketplace in Jurong
This will enable 108,000 households to apply for energy plans directly in the platform.
StarHub to sell electricity plans to consumers in April
It will offer consumers two clean energy subscription plans as the power market readies for liberalisation.
Daily Briefing: Struggling retailers tap into vending machines; Noble braces for first bond default
And here's why economists are split on MAS tightening.
Noble paid US$20m to keep senior staff in US oil unit
In their breakdown, there was a lump sum payment of $3.8m and a loan written off for $3.82m.
Noble inks debt restructuring agreement
It will get a new three-year US$600m trade finance and a US$100m hedging facility.
Daily Briefing: Broadcom retreats to US after Qualcomm drama; Direct sales could boost commercial property recovery
And O&M firm Gaylin Holdings receives a US$100m investment and completes restructuring.
Noble chases senior creditors for a deal before $379m bond due on 20 March
The bond has no grace period unlike the 2022 coupon that Noble decided to drop on Monday.
Noble fails to pay US$750m bond coupons
Senior creditors advised it to wait for the final terms of its debt restructuring plan.
Goldilocks backs SGX's compliance order on Noble
But others are sceptical of an independent advisor’s impact on the deal.
SGX RegCo pushes Noble to hire financial advisor
The advisor will look into shareholding structure concerns in Noble’s debt restructuring plan.
Bangladeshi power producer eyes SGX listing
Whilst the deal is only set to be modestly sized at US$300m, analysts see this as sign of SGX's enduring appeal in luring new Asian listings.
Noble's debt restructuring plan hit by suspicions
A wording on the “full release” of claims by senior creditors could absolve Noble legal debt claims.
Senoko ready to sell electricity to consumers from April
Singapore’s largest power producer gets ready for power market liberalisation.
Sembcorp Industries eyes a clean energy acquisition
It wants to achieve double-digit ROE in five years and renewables business growth amongst others.
Noble's outgoing boss bagged US$20m amidst US$5b loss
The remuneration is more than the US$15m than Noble has offered to pay its perpetual bondholders.
China Aviation Oil profit crashed 21.7% to $18.51m in Q4
It blamed the expansion of its global trading business that is subject to higher tax rates.
Noble plunged into US$4.94b loss in 2017
It blamed the US$3.24b non-cash reserve losses on fair value gains of commodity contracts.
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