A renewable energy farm could be built in the waters around Raffles Lighthouse, with a feasibility study expected to begin in the fourth quarter of this year. The Maritime and Port Authority of Singapore (MPA) told CNA that it has earmarked 30ha around the island and is looking into installing …
Read More »Singapore Seeks Bids for more Gas Power Plants to Meet Demand
Singapore is looking for companies to build two new power plants by 2030 to meet its growing energy needs. The Energy Market Authority launched a request for proposals to build, own and operate two hydrogen-ready gas-fired power plants, with capacity of at least 600 megawatts each, that will be ready …
Read More »International Energy Agency to Open First Regional Office in Singapore
The International Energy Agency (IEA) will open its first regional office in Singapore, which will work with countries in Southeast Asia and beyond to enhance energy security and accelerate clean energy transitions. The IEA Regional Cooperation Centre will be the agency’s first office outside of its Paris headquarters. It is …
Read More »Singapore Continues to be the World’s Leading Maritime Centre
Singapore has been ranked as the top global shipping centre for the eighth year running, a new report found. As explained, Singapore has been rated as the top location due to the size of its port, number of internationally-focused shipbrokers, financiers, lawyers and insurers based there and its supportive government …
Read More »ExxonMobil to Cut 300 Jobs in Singapore due to Covid-19 Impact
ExxonMobil has announced that it will lay off nearly 300 employees by the end of this year in Singapore, as part of its effort to boost and sustain its long-term competitiveness. The impacted employees represent around 7% of the oil and gas major’s workforce of over 4,000 in Singapore. ExxonMobil …
Read More »Oil Market Black Monday
The novel coronavirus drastically changed the consumption patterns of hydrocarbon products across the globe.
Read More »Singapore Achieves 2020 Target to Deploy 350MW of Solar
The country now generates enough clean energy to power about 60,000 households, according to a new report.
Read More »Singapore’s Nexif Energy Buys 94% Stake in Hydropower Projects in Vietnam
Located in the Khanh Hoa province with a total capacity of 49MW. they will provide enough electricity to power 74.000 households.
Read More »New Singapore Prime Minister Could Pose Threat to PNG Natural Gas Projects
A critic of Papua New Guinea’s resource deals has been chosen as the country’s prime minister. a potential speed bump for multi-billion-dollar natural gas export projects led by Exxon Mobil Corp. and Total SA.
Read More »Iran FM to Visit Singapore to Join ASEAN Treaty
There is a consensus among Southeast Asian countries to accept Iran as a party to the treaty.
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