Showing 641-650 of 659 results

Singapore’s fuel oil imports from Mexico drop 45% year on year over Jan-Oct

Singapore — Singapore imported 636,206 mt of fuel oil from Mexico over January-October this year, down 44.7% a year ago, the latest data from Enterprise Singapore showed this week. Industry sources attributed the drop to lower running rates of refineries in the country. Mexico’s largest refinery, the 330,000 b/d Salina Cruz facility, was shut twice […]

ExxonMobil Supports New Singapore Energy Center Partnership with US$10 Million Commitment

INGAPORE–(BUSINESS WIRE)–ExxonMobil said today that it will contribute US$10 million over five years (S$14 million) to become the first industry founding partner in a new Singapore Energy Center partnership led by the Nanyang Technological University and National University of Singapore and designed to advance next-generation technologies. ExxonMobil signed a memorandum of understanding with the universities […]

ASEAN inks deal with IRENA for rapid renewable energy development

IRENA will support renewables projects with its project facilitation platforms. The Association of Southeast Asian Nations (ASEAN) and the International Renewable Energy Agency (IRENA) inked a memorandum of understanding (MOU) formalising a partnership aimed at scaling up renewable energy deployment in the region. According to an announcement, IRENA will support the ASEAN’s pursuit of 23% […]

SP Group unveils green energy trading marketplace

City Developments Limited and DBS were amongst the first of its renewable energy certificates (RECs) buyers. Singapore’s SP Group launched a digital marketplace powered by blockchain technology to allow companies to trade RECs which is a document used to offset the use of non-renewable energy, an announcement revealed. “Through blockchain technology, we enable companies to […]

Singapore to explore use of energy storage systems with possible cost savings for consumers

SINGAPORE: The Energy Market Authority (EMA) is set to experiment with the deployment of energy storage systems (ESS) in Singapore, in a move that could bring cost savings for consumers. ESS are batteries or other forms of technology deployed on the power grid to store electricity when demand is low and discharge it when demand […]

Renewable energy trading in Singapore runs on blockchain

The Singapore Power Group (SP) has initiated a marketplace, powered by blockchain, for renewable energy certificates (RECs). In a statement, the utilities provider said the blockchain-based platform, which was unveiled at the ASEAN Energy Business Forum, will help SP increase transparency and efficiency in its processes in REC transactions. Samuel Tan, chief digital officer at […]

Policies will continue to be adjusted to support the energy sector: Chan Chun Sing

SINGAPORE: The Government will not shy away from making tweaks and adjustments to policies if needed to support Singapore’s energy sector, given the changes in the global energy landscape, said Trade and Industry Minister Chan Chun Sing in an interview with Channel NewsAsia. “We will continually tweak our policies to encourage more innovation, to encourage […]

New service to help companies cut carbon emissions, generate savings

SINGAPORE: Singapore companies can now subscribe to a service that will help them cut energy usage and carbon emissions by about 10 per cent, and in turn, generate savings. The service – called the Co-Pilot Hub – was launched on Monday (Oct 22) and is offered by software and services provider KBC. The hub is co-funded by […]

Air taxis will be tested in Singapore skies next year – here are 5 things to know about the Volocopter

A man who can fly, a robotic supermarket, and now, flying taxis? We are living in the future. Volocopter, a German aviation start-up, will be putting its air taxis to test in Singapore in the second half of 2019. In a statement on Wednesday (Oct 18), Volocopter said that the air taxi trials in Singapore […]

60 electric buses worth S$50m to hit the road in 2020

SINGAPORE — Sixty electric buses from three suppliers will hit the road in 2020, providing commuters with quieter and smoother rides, said the Land Transport Authority (LTA) on Wednesday (Oct 24). The buses, worth S$50 million, will arrive in Singapore from next year and the routes they will ply will be announced at a later […]