Thailand’s pending approval of transmission fees is holding back progress on an energy project linking Laos to Singapore via Malaysia, amid political uncertainty.
GE Vernova and YTL PowerSeraya will assess the feasibility of capturing 90% of CO₂ emissions at a planned 600-megawatt gas-fired power plant in Singapore.
Singapore strengthens its energy strategy through public investments in nuclear, regional electricity interconnections and gas infrastructure to secure its long-term supply.
A bilateral framework governs authorization, transfer and accounting of carbon units from conservation projects, with stricter methodologies and enhanced traceability, likely to affect creditable volumes, prices and contracts.
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In Kuala Lumpur, Huawei Digital Power unveiled its grid-forming technologies, positioned as a strategic lever to strengthen power interconnections and accelerate energy market development across ASEAN.
The European Commission imposes new rules requiring proof of refined crude origin and excludes the use of mass-balancing to circumvent the Russian oil ban.
Spanish gas infrastructure operator Enagás is in advanced talks to acquire the 32% stake held by Singapore’s sovereign wealth fund GIC in Terega, valued at around €600mn ($633mn), according to sources familiar with the matter.
Singapore’s Durapower and Turkish industrial firm Kıvanç have signed an agreement to form a joint battery production venture targeting growing North American demand.
Global demand for biofuels is driving a sharp increase in used oil imports to Europe and the United States, straining global feedstock supply chains, according to the International Energy Agency.
Singapore’s gasoil and kerosene inventories reached a three-month high after a sharp weekly drop in net exports, supported by a marked increase in imports from Northeast Asia.
Article 6 converts carbon credits into a compliance asset, driven by sovereign purchases, domestic markets, and sectoral schemes, with annual demand projected above 700 Mt and supply constrained by timelines, levies, and CA requirements.
Sembcorp Industries has signed a purchase agreement to acquire a 300-megawatt solar plant in India, boosting its renewable energy footprint to a total capacity of 6.9 gigawatts.
The potential removal by Moscow of duties on Chinese gasoline revives export prospects and could tighten regional supply, while Singapore and South Korea remain on the sidelines.
The ASEAN Power Grid enters a strategic phase with renewed support from regional and international institutions to structure electricity trade among member states and secure the necessary investments.
Exxon Mobil plans to reduce its Singapore workforce by 10% to 15% by 2027 and relocate its offices to the Jurong industrial site, as part of a strategic investment shift.
Kandla port plans a 150,000-ton-per-year integrated renewable methanol unit, targeting the growing fleet of compliant vessels on the Singapore-Rotterdam maritime route.
Singapore-based developer Vena Energy has launched operations at its third wind power plant in Japan, located in Saikai, Nagasaki Prefecture, with a grid-connected capacity of 7.5 MW.
UK-based Gresham House will acquire Swiss investment manager SUSI Partners, strengthening its international footprint in energy transition infrastructure.
TenneT Holding has reached an agreement with APG, GIC and NBIM to finance the expansion of the German high-voltage grid, securing its capital needs for the coming years.
Shell signs a 10-year contract with MET Group to supply 800,000 tonnes of LNG annually from 2026, strengthening European supply and diversifying its portfolio.
FRV Australia has finalized a AUD 1.2 billion refinancing for its eight photovoltaic power plants, consolidating its financial backing and potential for developing new projects in Australia.
Singapore and the United States sign an agreement to strengthen cooperation on the peaceful use of nuclear energy, with the aim of diversifying Singapore's energy sources.
Keppel MET Renewables strengthens its solar portfolio with the acquisition of two photovoltaic projects in Northern Italy, totalling 20 MWp of installed capacity.
Singapore-based Cyan Renewables acquires MMA Offshore for AUD 1.1 billion, consolidating its position as the leading offshore wind services provider in Asia-Pacific (APAC).
The oil tanker Ceres 1, involved in a collision with the Hafnia Nile, was intercepted by the Malaysian Coast Guard, raising questions about its disappearance.
Japanese companies are investing massively in gas infrastructure in Asia to offset future overproduction of liquefied natural gas (LNG) and strengthen their energy security.
Spanish gas group Enagas sells its 30.2% stake in Tallgrass Energy to finance its green hydrogen projects, reinforcing its plans to invest in renewable hydrogen infrastructure.
BP announces "unfavorable adjustments" of $1-2 billion in the second quarter of 2024, mainly due to the transformation of its Gelsenkirchen refinery in Germany.
Shell announces impairments of up to $2 billion in Q2 2024, linked to projects in the Netherlands and Singapore, and warns of a decline in performance in the gas sector.
Peak Energy signs an agreement with Shinsung E&G and YSP to develop a 50 MW solar portfolio in South Korea, reinforcing the government's renewable energy initiatives.
Nama Power and Water Procurement Company has revealed the pre-qualified candidates for the Ibri III solar project, aimed at diversifying Oman's energy sources with a capacity of 500 MW.
Mooreast Holdings Ltd. announces the acquisition of a 98,919 m² facility, quadrupling its production capacity for the floating renewable energy sector.
Sarawak is positioning itself as a global hub for the production and export of green hydrogen, thanks to ambitious projects and strategic international partnerships.
