oil and gas

SGX Research Series: 10 in 10

RH Petrogas is embarking on transformation through oil and gas

RH Petrogas has a track record of maintaining steady production despite the natural decline of its mature fields

Contracts

Keppel delivers first of three rigs originally built for Borr Drilling to ADNOC, collects payment of US$160 mil

Keppel expects to receive at least US$352 million for all three rigs between 2022 and 2023

Oil & Gas

Oil extends rally as OPEC cuts output, Russia mulls reduction

Oil prices are up again following OPEC+ largest supply cut since 2020.
GSS Energy rides on precision engineering chops to enter market for EV motorbikes - THE EDGE SINGAPORE

AVs and EVs

GSS Energy rides on precision engineering chops to enter market for EV motorbikes

Is there a market for electric motorcycles? GSS Energy thinks so, and has partnered with the Lamborghini family to create one.

Commodities

Commodity giant Trafigura paints bullish outlook for oil and gas

Luckock "wouldn’t be surprised" if Brent hits US$100 by end of the year

Banking & finance

Covid-19, oil price collapse to hit banks’ earnings as HSBC’s results show

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).
Oil prices in negative territory for first time

Crude Oil

Oil prices in negative territory for first time

The price on the futures contract for West Texas crude that is due to expire Tuesday fell into negative territory -- minus $37.63 a barrel.

Stocks To Watch

CSE Global: Oil price recovery and infrastructure contract wins to drive earnings growth

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.

M&A

Total to buy Maersk Oil & Gas for $6.8 bil in shares

(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.
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