Energy
Singapore energy scene in no danger of shakeup even as oil giants rejig portfolios: observers
SINGAPORE’S energy and chemical sector has in recent years seen an overhaul amid a global push towards greener energy and renewables away from conventional energy sources. Yet, market watchers...
Data centre operators seek government support as demand for green energy surges
TOTAL power demand from data centres in Singapore is expected to increase as more companies digitalise and transition to using cloud infrastructure. In view of this, market watchers say...
HSBC asked by US$890 billion investor group to set energy goal
A GROUP of HSBC Holdings investors wants the bank to set a funding target for renewable energy amid concerns its current green pledges are too vague.It’s part of a...
HSBC asked by US$890 billion investor group to set new energy goal
A GROUP of HSBC investors wants the bank to set a funding target for renewable energy amid concerns its current green pledges are too vague.It’s part of a list...
NYSE-parent ICE’s revenue misses as muted IPO markets offset record energy trading
INTERCONTINENTAL Exchange (ICE) reported first-quarter revenue slightly below estimates on Thursday (May 2) as an uneven recovery in US initial public offerings cut into the upswing from record trading...
Microsoft, Brookfield to partner on renewable energy projects
CANADA’S Brookfield Asset Management and technology giant Microsoft will develop new wind and solar farms in an attempt to bring over 10.5 gigawatts (GW) of new renewable energy capacity,...
Battery firm LG Energy Solution Q1 profit plunges on weak EV sales
SOUTH Korean battery firm LG Energy Solution (LGES) posted on Thursday (Apr 25) a 75 per cent drop in quarterly profit, hit by weakening demand from electric vehicle (EV)...
Malaysia’s Sapura Energy to sell stake in SapuraOMV to TotalEnergies for US$705 million
MALAYSIA’S Sapura Energy will sell its entire 50 per cent stake in oil and gas upstream company SapuraOMV to French energy group TotalEnergies for US$705.3 million, the company said...
Malaysia’s Sapura Energy to sell stake in SapuraOMV to TotalEnergies for US$705 million
MALAYSIA’S Sapura Energy will sell its entire 50 per cent stake in oil and gas upstream company SapuraOMV to French energy group TotalEnergies for US$705.3 million, the company said...
Liberalise South-east Asia’s energy sector to attract more private finance: BlackRock official
SOUTH-EAST Asia needs to adopt a market-based approach towards its energy sector to attract more private capital into the region’s energy transition, said Philipp Hildebrand, vice-chairman of asset manager...