Singapore’s greenhouse gas emissions top 50m tonnes: Report
SINGAPORE — Singapore generated more than 50 million tonnes of greenhouse gases in 2014, the bulk of it from the burning of fossil fuels to generate energy for industries, buildings, households and transportation. The figure, which is the latest available, was published online last week in a biennial report that the Government submitted to the […]
Singapore’s Puma Energy to sell Australia fuels business for $396m
Singapore’s Puma Energy, the retail and midstream arm of global commodities trader Trafigura, said yesterday it would sell its Australian commercial and retail fuels business to Chevron Australia for A$425 million (S$396 million). The sale by the company, which is 49 per cent owned by Geneva-based Trafigura, comes amid increasing pressure to rebalance its books […]
Singapore’s Temasek to rule out investment in Aramco IPO: report
Singapore’s Temasek Holdings Pte has decided against investing in Saudi Aramco’s initial public offering, in part over environmental concerns, according to people familiar with the matter. The world’s most-profitable company first flagged a public share sale in 2016 and is expected to list with a valuation of between $1.1 trillion to $2 trillion later this […]
Singapore’s zero-waste plan aims to raise domestic recycling rate from 22 to 30 per cent by 2030
The Singapore government has launched an eagerly awaited masterplan to tackle the city-state’s acute waste problem, with new targets set to reduce the burden on the island’s only landfill site and create circular economy opportunities around packaging, electronic and food waste. The Zero Waste Masterplan, launched on Friday, aims to reduce the amount of incinerated rubbish […]
South China Sea: Beijing risks infuriating Vietnam as it eyes oil and gas reserve
The vessel is called Lan Jing and is thought to be the largest one in the world. It belongs to state-owned China National Offshore Oil Corporation (CNOOC) and sails under the Hong Kong flag. China has used it before in the South China Sea to install large oil rigs. RELATED ARTICLES South China Sea: Vietnam […]
South Korean company to donate energy-saving cooking stoves
GS-Caltex Corp., one of South Korea’s leading refineries, said Tuesday that it will donate 50,000 energy-saving cooking stoves to Myanmar as part of a corporate social responsibility (CSR) drive. The eco-friendly cooking stoves can reduce fuel costs by up to 66 percent and will be provided to low-income households in Myanmar that mostly rely on […]
Southeast Asia ‘smart cities’ redesign roads and grids with Japan
TOKYO — Japan will help build “smart cities” across Southeast Asia, using artificial intelligence and networked devices to tackle problems like road congestion and energy conservation. […]
Southeast Asia’s electric car revolution
Driving attitudes across the region has changed dramatically with the introduction of electric vehicles into the personal mobility market. As more and more consumers become environmentally conscious, the demand for electric vehicles has seen an uptick. A report by Bloomberg New Energy Finance (BNEF) indicates that in 2040, 54 percent of cars sold will be […]
Southeast Asia’s modern-day plague
Southeast Asia is known for its vast rainforests which constitute about almost 20 percent of forest cover with the richest biodiversity in the world. What the region is also known for is its alarming rate of deforestation. Southeast Asia has the highest rate of deforestation of any major tropical region followed by Latin America and Africa. […]
SP Group launches first zero-emission building in Southeast Asia powered by green hydrogen
SINGAPORE: At first glance, this three-storey structure looks no different from your average building. On the ground floor, its lights shine, its fans whir, its air-conditioning units hum and employees go about their day-to-day work. But the building, located at SP’s training centre at Woodleigh Park, is in fact disconnected from the national electricity grid. […]