Speaker Hafiz Uddin Ahmad on Monday urged Singaporean companies to explore and extract oil and gas in Bangladesh’s coastal areas, including Bhola, as he sought greater Singaporean investment in the country. He made the call when Non-Resident High Commissioner of Singapore to Bangladesh Derek Loh paid a courtesy call on him at his office in […]
Saudi Arabia has struck a deal with the Singaporean government to store crude oil in underground caverns in the city-state, Bloomberg reported today. The report follows the latest Houthi attacks on Saudi infrastructure over the weekend, which included oil facilities among their targets.
Yinson Production, the Singapore-based unit of Malaysian energy infrastructure group Yinson Holdings, will open an office in Namibia in January 2026 to tap into the country’s burgeoning oil and gas sector.
Singapore’s Seatrium has secured a repeat equipment and licensing contract from International Maritime Industries (IMI) shipyard for a LeTourneau jackup drill, the company said on Wednesday.
Exxon Mobil Corp has put into operation what it said is “a first-of-its-kind technology in Singapore to increase production of higher-value products, including a range of lubricant base stocks and fuel”.
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.