Trek 2000 announces US$3 mil investment in local renewable energy solutions company
SINGAPORE (Jan 14): Trek 2000 International is acquiring a 7.5% stake in energy solutions company Terrenus Energy for US$3 million ($4.06 million). Singapore-incorporated Terrenus offers solar energy systems using solar panels, and has operations in Singapore, Australia and China. With its latest investment, Trek says it plans to collaborate with Terrenus on smart renewable power […]
Jadestone Energy Inc. Announces Montara Production Restart
SINGAPORE / ACCESSWIRE / January 11, 2019 / Jadestone Energy Inc. (AIM:JSE, TSXV:JSE) (“Jadestone” or the “Company”), an independent oil and gas production company focused on the Asia Pacific region, announces the restart of production from the Montara oil field, following its maintenance and inspection shutdown. Production operations restarted at the Montara facilities on January […]
SP Group rolls out 38 electric vehicle charging points in 19 locations
SP Group, the giant energy provider of Singapore, has rolled out 38 electric vehicle (EV) charging points in different 19 locations around the island as part of its first wave of public charging points. The locations are equipped with nineteen 50kW direct current (DC) charging points as well as nineteen 43kW alternating current (AC) charging […]
Singapore’s greenhouse gas emissions top 50m tonnes: Report
SINGAPORE — Singapore generated more than 50 million tonnes of greenhouse gases in 2014, the bulk of it from the burning of fossil fuels to generate energy for industries, buildings, households and transportation. The figure, which is the latest available, was published online last week in a biennial report that the Government submitted to the […]
Red Dot Power exits electricity market in Singapore
Red Dot Power has pulled out of the electricity market, saying yesterday that it has been a “financially challenging period” for the firm. The company was part of the initial soft launch for the open electricity market (OEM) in Jurong, signing up around 3,000 customers, including 120 households. When the open market roll-out to other […]
Singapore light distillate fuel stocks hit record high
SINGAPORE, Jan 4 (Reuters) – Light distillate fuel stocks at Asia’s refining hub in Singapore have climbed to a record on surging supply, just as fears emerge of an economic downturn heading into 2019. Light distillate stocks in Singapore, which include the key transportation fuel gasoline and important petrochemical feedstock naphtha, rose by 1.47 million […]
900,000 S’porean HDB households to receive U-Save rebate in January
SINGAPORE — Some 900,000 Singaporean households will receive the next instalment of the GST Voucher – Utilities-Save (U-Save) rebate this month, the Ministry of Finance (MOF) announced on Wednesday (Jan 2). Eligible Singaporean households will each receive a GST Voucher – U-Save rebate of up to S$100, depending on their Housing and Development Board (HDB) […]
Three-quarter tank rule to apply to Singapore diesel-powered vehicles from April
SINGAPORE: From Apr 1 this year, all Singapore-registered diesel-powered vehicles will be required to have at least three-quarters of a tank of fuel when leaving Singapore via the land checkpoints, said Singapore Customs on Wednesday (Jan 2). This minimum requirement, commonly referred to as the “three-quarter tank rule”, currently only applies to Singapore vehicles running on petrol […]
When Keeping Cool, Socioeconomic Status Matters
AsianScientist (Jan. 2, 2018) – Singapore households from different socioeconomic groups vary significantly in their use of water and electricity for heat relief, according to a study by researchers from the National University of Singapore (NUS). They published their findings in the journal Nature Communications. In Southeast Asia, climate models project annual temperature to increase […]
EMA should explain why oil price drops more than 35% but electricity tariffs drop only 1.2 per cent
It was reported that from January to March 2019, consumers can expect lower electricity and gas tariffs due to lower cost of natural gas for electricity generation and a drop in fuel prices from the quarter before. Energy utilities provider SP Group announced yesterday (30 Dec) that the electricity tariffs will drop by an average […]