Showing 611-620 of 659 results

Shell Singapore appoints new country chairwoman

SINGAPORE, Dec 13 (Reuters) – Shell Singapore, a unit of Royal Dutch Shell, has appointed a new country chairwoman who will assume the position from January next year, the company said in a statement on its website. Aw Kah Peng, who is currently general manager for Shell’s chemicals intermediates business in Asia Pacific, will succeed […]

Singapore Energy-Saving Firm Wins $33 Million KKR Investment

KKR & Co. is buying a stake of as much as S$45 million ($33 million) in Barghest Building Performance, a Singapore provider of energy saving solutions, in the private equity firm’s first impact investment globally. It’s investing as part of a Series B fundraising for BBP, which helps companies throughout Asia reduce electricity consumption by […]

Singapore ranks fifth in total green office space certifications

It lagged behind Beijing and Sydney with only around 13 million sqft of certified green space. Singapore came in fifth place across the six major gateway cities in Asia Pacific (APAC) analysed in terms of the largest volume of green office space with approximately 13 million sqft, according to a report by CBRE Research. Shanghai […]

Singapore reforming spread near 8-year low on gasoline overhang, poor blend demand

Singapore — The Singapore reforming spread, which measures the difference between FOB Singapore 92 RON gasoline and the FOB Singapore naphtha derivative, tanked to a near eight-year low of $6.58/barrel at 0830 GMT close of Asian trade Tuesday, pressured by thin blending demand thanks to a chronic oversupply of gasoline. The reforming spread was last […]

UPDATE 1-Asian gasoline refining margins crash to loss-making 7-year lows

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 […]

NYK to Participate in Demonstration of Tidal Energy in Singapore

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 GIC backs EV charging network ChargePoint’s $240m funding

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 […]

Diesel-electric hybrid buses to hit the road in December 2018

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) […]

Shell: Switching to renewables in the 90s would have bankrupted us

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 […]

Grab pilots e-scooter sharing service in NUS

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 […]