Energy & Offshore

Exxon Mobil targets multi-billion dollar investment for its Singapore refinery

The investment will develop fuels with sulphur content limited to 0.5%.

Singaporean oil trader gets 12-year prison sentence over tariff evasion in China

A Guangdong court found him guilty of evading tariff payments of about $74.27m.

Will Sembcorp sink as it plugs environmental offense of overseas JV?

It could make an incremental provision of up to $74.6m.

Alpha Energy calls to suspend trading over oil project in Alaska

It needs more time to make announcements on deals about its Mustang Project.

Open electricity market to be extended island-wide from 1 November

They may opt to stay with SP group to buy power at a regulated tariff.

147,000 customers hit by blackout across 19 areas

Power was fully restored after 38 minutes.

Sembcorp clinches 20-year solar power deal for Facebook's Singapore operations

They will install close to 900 solar panels in Singapore rooftops from 2018 to 2020.

Asia's energy M&A deal value soared 78% to US$10.3b in Q2

Solar and wind transactions hit US$3.8b and boosted total deal value.

Noble forms Asset Co and Trading Hold Co

They will hold company assets after the restructuring.

Noble forms investment holding firm in British Virgin Islands

The firm will hold Noble’s assets after the restructuring.

Chart of the Day: Singapore invested US$300m in energy M&A for Q2

It is one of the top investing countries in the Asia Pacific.

Noble to start schemes of arrangement in England and Bermuda

About 99.96% of shareholders gave a heads up to the restructuring.

Is Singapore ready for the open electricity market?

Operational doubts persist as power operators look for more physical space.

Bangladesh project could tone down losses for Sembcorp's Indian plant

It is a long-term deal that may add up to the firm's marginal profit.