[HELSINKI] Finnish biofuel producer and oil refiner Neste said on Wednesday it will boost its biofuel production capacity in Singapore with a bigger-than-expected investment of 1.4 billion euros (S$2.2 billion). Neste, 44.75 per cent owned by the state of Finland, has in recent years emerged as one of the leading players in the renewable diesel […]

Ecogreen Energy, a subsidiary of Singapore listed CJE group, the global leaders in waste management and waste-to-energy sector, has appointed Vishal Gupta as the Chief Executive Officer. The decision of the management change came during the board meeting held recently. He will be incharge of the day-to-day leadership of the Company and will also join […]

South Australia’s 212MW Lincoln Gap Wind Farm – which is set to host the state’s third big battery, and possibly solar, too – is moving ahead with stage two of construction, adding the final 24 turbines and 86MW of generating capacity to the project. Singapore-based project developer Nexif Energy said this week that the second […]

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 […]

GLENCORE’S head of oil in Singapore Quek Chin Thean has become the new director of the company’s liquefied natural gas (LNG) division after veteran Mark Catton retired at the end of October, sources familiar with the matter said. The move comes as the commodities trader and miner shakes up its leadership, making way for a […]

The Port of Singapore’s surprise decision to ban the discharge of scrubber-produced pollutants known as ‘wash water’ into its seas is likely to accelerate the use of LNG as marine fuel – especially in the Asia Pacific region – because of the importance of the port as a bunkering facility. The announcement, which was made by the […]

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 […]

Singapore-based solar energy startup SolarHome announced that it has raised $10 million in debt financing from a consortium of investors including Japan-based cross-border crowdfunding platform Crowdcredit and Sweden-based crowdfunding platform Trine, it said in a statement on Wednesday. The investment follows on the $4.2 million raised via convertible notes earlier this year from Trirec, Insitor […]

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 […]

A SUBSIDIARY of engineering-services provider Acromec is diversifying into the renewable-energy sector, having inked a letter of intent (LOI) with egg producer Chew’s Agriculture to operate a waste-to-energy power plant that will use chicken manure as feedstock. (see amendment note) Acropower, an 80:20 joint venture between Acromec and Malaysian alternative energy company Green Energy Resources, will […]