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SINGAPORE (May 4): When Hin Leong Trading filed for court protection on April 17, it emerged, in affidavits by its own-er Lim Oon Kuin and his son Lim Chee Meng, that the local oil trader owed 23 banks a total of US$3.85 billion ($5.45 billion).
SINGAPORE (Jan 17): CSE Global, which provides engineering services to the oil and gas sector, suffered when oil prices slump and customers cut back their capital expenditure.
(Aug 21): Total SA has agreed to buy the oil and gas unit of AP Moller-Maersk A/S for US$4.95 billion ($6.75 billion), another sign that the pace of deals in the energy sector is accelerating after a long downturn.