Singapore

SOMO is negotiating with ExxonMobil to secure storage and refining access in Singapore, aiming to strengthen Iraq’s position in expanding Asian markets.
ISDN Holdings strengthens its position in Indonesia by acquiring a majority stake in PT Funda, integrating hydropower capabilities across the entire project lifecycle and consolidating its renewable energy investments.

Verra and S&P Global Launch New Infrastructure to Boost Carbon Credit Markets

Verra and S&P Global Commodity Insights join forces to build a next-generation registry aimed at strengthening carbon market integration and enhancing transaction transparency.
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Gunvor commits to 0.85 million tonnes per year of liquefied natural gas from AMIGO LNG, marking a strategic step forward for Asian and Latin American supply via the Guaymas terminal.
According to the Oxford Institute for Energy Studies, the adoption of low-carbon ammonia in maritime transport faces economic, regulatory, and safety barriers, despite growing international pressure to reduce emissions from the global fleet.

Karpowership and Seatrium Partner to Deploy Floating LNG Power Plants

Karpowership and Seatrium formalize a strategic partnership to convert floating LNG units, strengthening their joint offering in emerging mobile electricity markets.
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Weakened by the exclusion of its solar panels from the U.S. market, Maxeon reports a sharp revenue decline and adjusts its financial structure under market pressure.
Vanda RE is in talks with potential buyers in Singapore for electricity from a $3 billion solar and storage project in Indonesia’s Riau Islands.

Airbus and Indonesia join forces to produce 100 million tonnes of sustainable aviation fuel

Airbus Singapore and Bogor Agricultural University in Indonesia are developing aviation fuel from biomass, aiming for an annual capacity of 100 million tonnes.
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Taihan strengthens its presence in Singapore with a fifth consecutive contract for a 400 kV underground network, as part of a power interconnection project with Indonesia.
AMIGO LNG has awarded COMSA Marine the engineering and construction contract for its marine facilities in Guaymas, as part of its 7.8 MTPA liquefied natural gas export terminal.

Yanara gains independence to accelerate renewable project expansion in Asia-Pacific

BrightNight’s Asian subsidiary becomes Yanara and positions itself as an independent player to strengthen the development of large-scale renewable energy solutions in the Asia-Pacific region.
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Global hydrogen development, supported by more than 1,500 ongoing projects and significant investments, is driving strong demand for insurance coverage, with potential estimated at over USD3bn in annual premiums by 2030.
H2G Green Limited and Singapore’s Agency for Science, Technology and Research launch a partnership to industrialise a process transforming biochar into hard carbon, essential for sodium-ion and lithium-ion battery production. —

OMS Energy Technologies posts 25% revenue growth and strengthens profitability in 2025

OMS Energy Technologies Inc. reports solid financial results for 2025, driven by marked revenue growth, improved gross margin and a reinforced cash position in a shifting market.
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The launch of President 100, a harbour vessel powered exclusively by biodiesel, marks a new stage for the experimentation of alternative fuels in Singapore’s maritime sector.
TotalEnergies ENEOS has commissioned two photovoltaic installations totalling 1.2 MWp for marine logistics group Lee Huat Yap Kee in Singapore, under two long-term power purchase agreements with no upfront investment.

Singapore sets SAF aviation levy until 2028 despite fuel price volatility

Singapore announces fixed airline ticket levy dedicated to Sustainable Aviation Fuel (SAF) procurement, maintaining unchanged amounts from 2026 to 2028, regardless of significant fluctuations in global fuel prices.
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Curve Energy Corp. has formalized a non-disclosure agreement with Saudi Aramco Technologies, allowing confidential exchanges of information as part of potential technological collaborations in the global market for low-sulfur marine fuels.
Blue Whale Energy partners with UNIGRID to deploy behind-the-meter storage systems adapted to constrained commercial and industrial urban areas in Southeast Asia.
Rwanda unveils its carbon market project at COP28 in Dubai, aiming to establish a cap-and-trade system and strengthen its participation in the UN's Article 6 market.
Woodside Energy and Keppel Data Centres have signed an agreement to evaluate the supply of liquid hydrogen in Singapore to reduce greenhouse gas emissions from data centers. Keppel Data Centers plans to purchase approximately 1,000 tons per day of liquid hydrogen as early as 2030.

Keppel and ExxonMobil collaborate for Singapore

Keppel and ExxonMobil have signed an agreement to develop access to hydrogen and low-carbon ammonia for large-scale commercial and industrial applications in Singapore. This collaboration aims to support Jurong Island's sustainability goals and Singapore's national hydrogen strategy.
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EDPR and Kronos Solar announce the construction of their first photovoltaic park in France at Neuilly-sur-Suize. EDPR plans to invest €20 billion by 2026 to accelerate the global energy transition, with a technology mix in which solar represents half.
The Rotterdam refinery of Finnish giant Neste is set to significantly increase its production of sustainable aviation fuel to meet the growing demand for SAF, the main solution to reducing aviation's carbon footprint. This initiative follows the European Union's gradual incorporation of SAF into aviation kerosene.

New energy storage system in Singapore by Sembcorp and DNV

DNV plays a key role in the early realization of Singapore's energy storage goal. Sembcorp Industries' energy storage system on Jurong Island, developed with the help of DNV, is now operational.
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The Nexif Ratch Energy joint venture represents a new renewable energy platform in Southeast Asia and Australia.
Volvo Buses Singapore and TES sign a memorandum of understanding to explore opportunities to achieve circular economy outcomes.

Sembcorp Strengthens Partnership with Tokyo

Sembcorp announces strategic partnerships with Japan and other companies to advance hydrogen.
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Australia presented on Tuesday a project to transfer solar electricity to Singapore under the sea, which could become the world's first intercontinental power grid.
The United States has announced economic sanctions in connection with the illegal export of oil to North Korea.

Japan looks to Malaysia

Japan is seeking to ensure its energy security. The country signs a cooperation protocol with Petronas, a Malaysian company.
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After California, New York State wants to ban the sale of new gasoline vehicles by 2035.
Faced with the energy crisis, the oil and coal industries are advocating massive investment in fossil fuels.

Asia-Pacific Freight Premium Increases

The Asia-Pacific freight premium for XDF-powered LNG carriers reached its highest level of the year.
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Faced with the energy crisis, Europe is turning massively to LNG. A real upheaval in trade flows was then observed, with a strong impact on Asian demand. It has fallen by 7% since the beginning of the year.
Sembcorp Industries is selling its Indian unit to Tanweer Infrastructure in a bid to move into renewable energy.

ABB inaugurates the largest membrane bioreactor of its kind

ABB Energy Industries will automate Singapore's largest membrane bioreactor, in partnership with the National Water Agency, ensuring access to water in a city committed to sustainability. This automation will improve wastewater treatment performance and contribute to integrated water management on an international scale.
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