Energy
India’s top clean energy agency weighs criminal proceedings against Reliance Power
This comes as the company looks to expand into the domestic and overseas renewable energy sectorINDIA’S top renewable energy agency has sent a notice to Reliance Power, a company...
Siemens Energy boosts mid-term targets on infrastructure boom
SIEMENS Energy raised its mid-term targets after demand for its grid technologies helped offset losses at its beleaguered wind-turbine division. Revenue is likely to grow at a high single-digit...
Temasek Trust invests US$50 million in HSBC-held Tekoma Energy
TEMASEK Trust agreed to invest US$50 million in an HSBC Asset Management-owned Japanese solar energy company. ABC Impact, a unit of the Singapore firm, will acquire a stake in...
Sembcorp Industries to sell waste management unit to Indonesian energy company for S$405 million
ENERGY and urban development company Sembcorp Industries on Friday (Nov 8) announced that it intends to sell its wholly owned unit Sembcorp Environment to SBT Investment 2 for S$405...
UAE’s Adnoc to deploy autonomous AI in the energy sector for the first time
UAE energy giant Adnoc will apply highly autonomous agentic artificial intelligence in the energy industry for the first time, in partnership with G42, Microsoft and AIQ, its CEO Sultan...
Falcon Energy to delist on Nov 15
The High Court in April ordered the company to wind up after multiple failed restructuring attemptsOFFSHORE and marine player Falcon Energy will delist from the Singapore Exchange (SGX) on...
KKR and Energy Capital Partners form US$50 billion AI partnership
KKR and Energy Capital Partners agreed to a US$50 billion partnership to accelerate the development of infrastructure for artificial intelligence.
The agreement between the alternative investment manager and the private...
LG Energy profits tumble 40% on waning battery-powered car sales
SLUGGISH demand for electric vehicles (EVS) haunted South Korean battery maker LG Energy Solution, dragging its profits down by almost 40 per cent from a year earlier. LG Energy’s...
Senoko Energy and Petronas’ Gentari ink MOU to explore importing hydrogen gas from Malaysia to Singapore
The Singapore energy company plans to integrate hydrogen gas into its combined cycle gas turbine assets to improve their environmental performance SENOKO Energy signed a memorandum of understanding (MOU) with...
