

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.
March 04, 2021
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.
January 13, 2021
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.
January 11, 2021
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.
November 10, 2020
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).
October 12, 2020
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.
August 31, 2020
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
August 26, 2020
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.
July 15, 2020
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
June 25, 2020
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
June 23, 2020