Singa Renewables Pte. Ltd., a joint venture between TotalEnergies SE and RGE (Royal Golden Eagle) Pte. Ltd., has been granted a conditional license by Singapore’s Energy Market Authority (EMA) to import 1 gigawatt (GW) of renewable power from Indonesia.
Trafigura is facing a loss of up to $1.1 billion in Mongolia, linked in part to suspected fraud by its own employees. According to Bloomberg, the company’s staff manipulated payments while concealing a mountain of overdue debts, a malpractice that continued for years without raising any red flags.
An oil spill off southern Singapore has spread to other areas of the island’s coast and is threatening a marine reserve, government agencies said, adding that authorities were intensifying efforts to mop up the fuel.
The announcement confirmed a Reuters’ report last Thursday saying Temasek was finalising the Pavilion Energy sale to Shell in the coming days in a deal worth hundreds of millions of US dollars.
SINGAPORE, Sept 5 (Reuters) – Nigeria has sufficient natural gas reserves and can increase its production to more than 5 billion cubic feet per day by 2030, Ekperikpe Ekpo, Nigeria’s minister of state for gas, told the Gastech conference on Tuesday in Singapore.