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OIL & GAS

OIL & GAS

Exxon Mobil to cut about 300 jobs in Singapore as big oil retrenches

Exxon Mobil Corp. expects to cut about 300 jobs in the Asian oil-trading hub of Singapore by the end of 2021, part of a global retrenchment that was announced last year.

OIL & GAS

Asian LNG breaks US$30 barrier as cold makes traders scramble

North Asia’s liquefied natural gas benchmark rose above US$30 ($39.67) per million British Thermal units for the first time, breaking a barrier that few thought possible.

OIL & GAS

Beijing’s coldest spell since 1966 is spurring energy prices

A cold blast across China that’s brought temperatures in Beijing to the lowest since 1966 is wreaking havoc on energy markets, creating record power demand and sending coal and gas prices soaring.

Qatar and Singapore signs first long-term LNG gas deal that details pollution - THE EDGE SINGAPORE

OIL & GAS

Qatar and Singapore signs first long-term LNG gas deal that details pollution

Qatar and Singapore signed the first long-term liquefied natural gas deal that details pollution from the fastest growing fossil fuel.

AusGroup awarded 5-year maintenance contract by Esso (Thailand) - THE EDGE SINGAPORE

OIL & GAS

AusGroup awarded 5-year maintenance contract by Esso (Thailand)

AusGroup has announced that its subsidiary AusGroup Corporation has been awarded a five-year Scaffold and Insulation services contract with Esso (Thailand).

OIL & GAS

City Gas announces that CEO Tan Chuan Huat will step down on Sep 30

City Gas, a fully owned subsidiary of Keppel Infrastructure Trust, has announced that its CEO Tan Chuan Huat will be stepping down as of September 30 to pursue personal interests.

OIL & GAS

KrisEnergy hits milestone in Cambodia Block A Apsara oil development

Independent upstream oil and gas company KrisEnergy announced on August 26 that it has completed fabrication of the minimum facilities wellhead platform (mini-platform) for the Apsara oil developme

OIL & GAS

KrisEnergy’s long suffering bondholders unhappy with proposals second restructuring since 2016

SINGAPORE (July 15): On June 19, KrisEnergy put up some proposals for discussion with its creditors.

OIL & GAS

HSBC and other banks unlikely to recoup Hin Leong loss

(June 25): The prospects for HSBC Holdings Plc and other banks to recover losses from a failed Singapore oil trader are dimmer than originally thought after an accounting review found the energy fi

OIL & GAS

Singapore's GIC part of consortium to buy Abu Dhabi's stake in natural-gas pipelines for $14.08 bil

(June 23): Abu Dhabi sold a US$10.1 billion (S$14.08 billion) stake in its natural-gas pipelines to a consortium led by Global Infrastructure Partners, in the biggest infrastructure acquisition so

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