Utilities
BP Singapore oil traders placed on leave amidst disputed deals
BP Singapore oil traders placed on leave amidst disputed deals
The trading staff hold portfolios focussed on BP’s oil sales to Chinese customers.
Sembcorp Industries posts $131m net loss in H1 2020
It recorded exceptional items amounting to a negative $191m.
EMA, Shell invite SMEs to co-create energy solutions
This is to develop solutions to manage Shell’s service stations.
SIAS urges Hyflux' suitors to offer for P&P holders
None of the new potential investors has proposed offers for P&Ps yet.
Zheneng Jinjiang Environment secures $375.29m loan facility
The amounts borrowed under the facility will be used for the general corporate purposes of the group.
Keppel Marina East Desalination Plant commences operations
It can treat either seawater or freshwater drawn from the Marina Reservoir.
Hyflux's potential white knight prepares to launch invitation
The investor assured that they are aware of the tight timelines.
Oil trader ZenRock to wind down in August: report
The company is expected to hand over responsibilities to a judicial manager.
Ascendas REIT 'not presently' pushing with Hyflux debt moratorium carve-out
This comes after the latter’s second pre-trial conference (PTC) on 2 July.
Oil trader Hin Leong has no future as independent company: PwC
The accounting firm found a number of irregularities in the oil trader’s finances.
High Court hearing of Hyflux scheduled on 27 July
This follows after its pre-trial conference last 18 June.
Everbright Water issues $59m worth of asset-backed securities
Proceeds will be used to replenish working capital of the company and its subsidiaries.
Power consumption surged 22% in May
Apart from WFH arrangement, the hot weather called for more power in cooling appliances.
Hyflux and Utico clash over restructuring deal
The water firm expressed that their revised offer may need more time.
Singapore's LNG scene hits multi-month low in April: Fitch Solutions
It came on the back of spot prices in the Asia LNG market being at its lowest point.
Oil traders sober up as Singapore event goes virtual: report
Annual Asia Pacific Petroleum Conference to be held virtually.
Two IPC Corporation directors probed over Hyflux
This follows after CAD, ACRA and MAS launched a joint investigation.
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