Energy
Europe: Financials, energy boost shares; central bank verdicts eyed
EUROPEAN stocks ended higher on Tuesday buoyed by strength in financial and energy sectors, while investors turned their focus to upcoming interest rate decisions from global central banks, including the...
Saudi Aramco CEO calls energy transition strategy a failure
POINTING to the still paltry share of renewable energy in global supply, the head of Saudi Aramco described the current energy transition strategy as a misguided failure on Monday....
SGX reprimands former executive director of Eneco Energy for breaching listing rules
THE Listings Disciplinary Committee of the Singapore Exchange (SGX) on Friday (Mar 8) publicly reprimanded Aditya Wisnuwardana Seky Soeryadjaya, the former group chief executive officer (CEO) and executive director...
Energy firms boost gas exploration in South-east Asia to meet growing demand
ENERGY companies are ramping up exploration activities in South-east Asia to boost natural gas output and meet long-term demand growth, drawn by recent discoveries and improved investment policies, company...
Geo Energy H2 profit falls almost 40% as finance costs hike by US$5.5 million
INDONESIAN coal producer Geo Energy Resources on Tuesday (Feb 27) reported a drop in net profit of almost 40 per cent to US$34.8 million for the second half of...
LNG’s role as transition energy in Singapore to blossom despite zeal for renewables
IN SIX years, Singapore is set to have its second (very own) liquefied natural gas (LNG) terminal. This is a big deal on many fronts, chief of all in...
Europe: Shares slip on miners, energy drag; France’s Air Liquide hits record high
EUROPE’S benchmark stock index snapped a four-day winning streak on Tuesday, weighed down by basic resources and energy stocks, while French industrial gases firm Air Liquide jumped to an...
Saudi minister says energy transition behind Aramco capacity halt
SAUDI Arabia decided to halt its oil capacity expansion plans because of the energy transition, its energy minister said on Monday (Feb 12), adding that the kingdom has plenty...
