SINGAPORE – City Developments Limited (CDL) has bagged $500 million in two green loans, marking the first time such financing will be used in Singapore for new property developments, the mainboard-listed developer said on Friday (April 5). A three-year green loan of $400 million will be provided by DBS Bank, which is also the adviser for […]

MELBOURNE (Reuters) – Chevron Corp’s Australian unit on Thursday said it would buy the domestic commercial and retail fuels business of Puma Energy for A$425 million ($288 million), marking a return to the country’s fuel distribution market.

Chevron Singapore Pte. Ltd., which markets the Caltex® retail brand in Singapore, has launched the Caltex Carbon Offset Programme, the first voluntary carbon offset programme for its Caltex service stations in Singapore. Integrated into CaltexGO, Caltex’s mobile payment app, customers enrolled in the Caltex loyalty programme can choose to opt-in and use their loyalty points […]

Concerns over whether Singapore Power Group (SP Group) had been overcharging consumers for electricity tariffs are circulating online, after competitor Tuas Power began offering electricity tariffs at a sizeable 21 per cent discount. Earlier this year, the Energy Market Authority (EMA) opened up the electricity market and allowed households and businesses to opt out of […]

Waste to energy operator, China Jinjiang Environment Holding Company Limited, has obtained shareholders’ approval for, and is pushing ahead with, an Engineering Procurement and Construction (EPC) agreement to construct a pilot, “first-of-its-kind” Mechanical Biological Waste treatment project in Singapore. The MBT project, which has a waste treatment capacity of 500 tonnes per day, was initiated […]

Chiyoda, Mitsubishi, and Sembcorp Industries, have signed a memorandum of understanding to explore the feasibility of setting up a hydrogen supply chain in Singapore.

SINGAPORE (REUTERS) – Singapore’s High Court has appointed an independent supervisor to oversee the restructuring of oil trader Hontop Energy (Singapore). The move came after Malaysian lender CIMB, its biggest creditor, raised concerns about what it described as “suspicious” deals involving oil major BP, according to an affidavit filed with the court last week and reviewed […]

The world is at a critical juncture. Never has there been a moment where businesses, energy consumers and governments – from Canada to China – are aligning on a common vision like this: a road to net-zero emissions.

Singapore-based City Gas is set to transform its piped gas business following a rebranding to City Energy, reflecting its focus on providing green energy solutions. The move comes at a milestone for the company as it celebrates 160 years of service as the national piped town gas provider.  Starting out lighting the streets of Singapore […]

SINGAPORE: Gas tariffs for households will decrease by 0.7 per cent or 0.12 cents per kilowatt hour (kWh) from Apr 1 to Jun 30 this year, City Gas said on Tuesday (Mar 31).