Energy & Offshore
Interra Resources fails to acquire stakes in Indo oil firms
The longstop date has expired.
Interra Resources fails to acquire stakes in Indo oil firms
The longstop date has expired.
Jurong Aromatics halts Singapore plant operations on back of unfavorable market conditions
It only started production in September.
Nam Cheong sales momentum to slow on back of massive Petronas capex cut
Petronas will cut new project spending by as much as 20%.
Ju Jia resigns as CEFC International executive director
She will remain as the CFO of the company to focus on finance, accounts and risk management of the group.
Vincent Lien Jown Jing resigns as Loyz Energy chairman
He has additional responsibilities with a third party that may result in a potential conflict situation.
These offshore stocks are winning big as oil price bloodbath continues
Nam Cheong is the biggest winner.
CEFC International appoints Wen Jie as executive director
His areas of responsibility include investment and project development.
Universal Terminal shelves $1b IPO
Due to uncertain market conditions.
Simon Charles Lockett joins Loyz Energy as deputy chairman
He was the CEO of Premier Oil.
Against the odds: Why Singapore is still upbeat on the volatile oil and gas industry
Hang in there, oil and gas players.
Indonesia to shift towards floating subsidized fuel price
To increase transparency of the subsidy program.
Oilfield bonds are worst performers this year as fuel crashed 30% since June
Firms such as Swiber and Ezra Holdings are in the red.
No respite for shipping, oil and gas stocks as oil price bloodbath continues
Almost 20% of their market cap has been wiped out.
India’s largest oil refinery Reliance starts trading in Singapore: Bloomberg
As a springboard to Indonesia and Australia.
Chart of the Day: See the supply glut in floaters beginning 2017
Most of these rigs will be absorbed as drillers.
Technics Oil and Gas issues profit warning for Q4
It’s expecting a net loss this quarter.
KS Energy hit with $0.6m net loss in Q3
Revenue rose to $58.5m.
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