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.
Plug Power, Airbus, Atlanta Airport and Delta Air Lines are studying the feasibility of a hydrogen hub, aimed at decarbonizing aviation and airport operations.
Singapore's Energy Market Authority has awarded Surbana Jurong a $16 million contract for a national geophysical survey, assessing the country's geothermal potential.
Israel's recent missile attack on Iran is likely to significantly increase costs for sea freight, insurance and crew salaries, even if loading operations continue for the time being.
QatarEnergy expands its fleet with 104 new LNG vessels, completing the expansion of its conventional fleet and strengthening its global transport capacity.
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 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.
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.
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.
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.
