Energy & Offshore
KPMG doubts KS Energy's ability to continue operations
The firm incurred a net loss of $53.9m for FY2018.
KPMG doubts KS Energy's ability to continue operations
The firm incurred a net loss of $53.9m for FY2018.
Daily Briefing: Electricity tariffs down 4.7% for Q2; VC firm DSG Consumer Partners raises $30m
And Wirecard rejects the link between its compliance manager’s exit and fraud allegations.
Darco Water Technologies inks deal with Mattan for ASEAN solar PV projects
Mattan will look after the designs, technical drawings, procurement and project management of the projects.
Keppel Corporation arm bags $425m deal with drilling contractor Awilco Drilling PLC
It will construct a second mid-water semi-submersible drilling rig for harsh environment use.
Ramba Energy renames to Eneco Energy
The name change on SGX will take place on 18 March.
Ramba Energy files QPR Waiver Application
The firm said that the information included in its QPR are of a “highly confidential and sensitive nature”.
Rosneft opens trading arm in Singapore
It plans to manage new projects and boost oil sales in Asia.
Retailer's exit from Singapore's electricity market: No need for warning bells
Earlier in January, electricity retailer Red Dot Power (RDP) announced its exit from the electricity market, citing a “financial challenging period.”
Mirach Energy seeks more time to be excluded from SGX financial watch-list
It has streamlined its oil & gas business to improve its profits and market cap.
Renewables to eat up 21% of Thailand's energy mix by 2028
Strong government support is pushing reliance away from natural gas-fired power.
Solar and wind to snap up 16% of China's power mix by 2028
Cost deflation for wind and solar could sustain the momentum of renewables.
Thailand's domestic gas production declines amidst changes in energy mix
The government is stepping up its efforts to diversify its power sector to move away from a reliance on gas production.
Sembcorp ties up with Singapore Polytechnic to recycle solar panels
The two will also train manpower to support solar energy development.
China's gas exports may surge in 2019 with additional 890,000 barrels per day
A domestic glut in its gasoline market and new refineries across its coastal provinces will push its supply.
Are Singapore banks bracing for another O&G nightmare amidst Coastal Oil troubles?
The indebted crude oil supplier owes the three Singapore banks a combined US$172.1m.
Noble Group finally completes restructuring plans
A total of $1.09b in new money debt is available to New Noble.
Effective date for Noble's restructuring pushed to 20 December
It was originally set for 19 December.
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