SINGAPORE, Dec 5 (Reuters) – Singapore’s refinery margins for making gasoline have fallen to their weakest levels in seven years – so low that churning out this key motor fuel has become a loss-making business. Seen as a benchmark across Asia, Singapore margins for 92 RON gasoline against Brent crude oil GL92-SIN-CRK hit minus $1.44 […]

Yesterday, NYK and MTI Co. Ltd. have reached an agreement to participate in a long-term demonstration of tidal energy being sponsored by MAKO Energy Pte. Ltd.* and Sentosa Development Corporation**, which will provide the demonstration site. The demonstration will start next spring in a first-time attempt to commercialize tidal energy in Singapore. 1．Background In accordance […]

Singapore’s sovereign wealth fund GIC has joined a group of investors backing the $240-million Series H funding in ChargePoint, a California-headquartered electric vehicle charging network, according to an announcement. ChargePoint claims to have more than 57,000 independently owned public and semi-public charging spots and thousands of customers. Other investors in the round include American Electric […]

SINGAPORE – The first 10 diesel-electric hybrid buses in a fleet of 50 will be on the road from next month (Dec 2018), as part of the national effort to make the public bus fleet here more environmentally friendly. They will be run by operators SBS Transit and SMRT, said the Land Transport Authority (LTA) […]

Energy giant was aware of the impacts of global warming decades ago. But shifting to renewables early on would have ruined the company, a top executive said this week. Suing fossil fuels firms for climate change is “a waste of society’s money and time,” he said. Although Shell was aware of the catastrophic consequences of climate […]

Users will need to download the GrabWheels app to avail the service. Grab’s innovation arm, Grab Ventures, has introduced an electric scooter (e-scooter) sharing service in collaboration with the National University of Singapore (NUS), an announcement revealed. During the three-month trial which already started on 19 November, e-scooters are deployed across eight parking stations on […]

PowerSelect’s unique live auction helps businesses secure best electricity offers in shortest possible time SINGAPORE, Nov 23, 2018 – (ACN Newswire) – PowerSelect, a new online portal which helps Singapore businesses purchase electricity more efficiently, has enabled its first customer, Sakae Holdings, to save more than $12,000 in electricity bills over the next 12 months*. […]

They are offering two fixed price plans for 24 and 12 months. Stefano Boscaglia, Senoko Energy’s senior vice president, SME and Consumer Sales, discusses how one of Singapore’s oldest generation companies is responding to the complete rollout of Singapore’s electricity market which opened on 1 November. Boscaglia shares how customer response has fulfilled their expectations […]

We thank Ms Christine Li for her commentary, “What can be done to make Singapore buildings more green?” (Nov 9). The Building and Construction Authority (BCA) engages the industry periodically to review and enhance the green buildings schemes. We will certainly take Ms Li’s suggestions into consideration when we next review our schemes. We agree […]

Singapore government has earmarked S$14 million (US$10.19 million) over three years to fund the development of smart estates and modern technology, such as energy efficient applications. Singapore has earmarked S$14 million (US$10.19 million) to drive the development of smart urban estates that can operate and consume energy more efficiently. To be spread across three years, […]