SP Group ties up with two overseas startups

SINGAPORE electricity grid operator SP Group is tying up with two global startups to test grid monitoring solutions and a consumer-friendly solar toolkit, and plans to launch pilot projects for these in six months.

Pavilion Energy, Uniper of Germany to share LNG storage capacity

TEMASEK Holdings-owned Pavilion Energy and German utility Uniper have signed an agreement allowing each other to use their respective storage capacity at liquefied natural gas (LNG) terminals.

Pavilion Energy to gain access to UK and Rotterdam LNG terminals after deal with Uniper

TEMASEK-OWNED Pavilion Energy will be able to access liquefied natural gas (LNG) terminals in Rotterdam and UK, after signing a option swap agreement with German energy company Uniper.

Taking stock three years after oil rout

THREE years after plunging from highs of over-US$100-a-barrel, oil prices are expected to languish around US$50 for at least a year more.
HOCK LOCK SIEW

All eyes on Nam Cheong's revamp

THE troubled offshore and marine (O&M) sector has seen another company, Malaysian shipbuilder Nam Cheong, proposing a restructuring plan.

Golden Energy to reduce share capital by US$401.2m

GOLDEN Energy and Resources is planning to carry out a capital reduction exercise to write off losses of US$401.2 million that the firm has accumulated up to the end of 2015.

A future with no haze

DORJEE Sun, a serial entrepreneur, is a man on a mission. The Australian, who made his first million before the age of 30, believes that he has a solution to solve the haze problem for good.

Golden Energy to carry out capital reduction exercise to write off US$401.2m

GOLDEN Energy and Resources is planning to carry out a capital reduction exercise to write off losses of US$401.2 million that the firm has accumulated up to the end of 2015.

Citic Envirotech invests 365m yuan in two waste facilities in Guangdong

CITIC Envirotech Ltd has invested 365 million yuan (S$75.13 million) in two hazardous waste treatment facilities in Huizhou City in the Guangdong province of China.

Sembmarine's Brazilian subsidiary wins US$145m contract

SEMBCORP Marine's wholly-owned Brazilian subsidiary has won a US$145 million contract...

Nam Cheong's restructuring plan generally well received

MARKET observers on Friday commended troubled shipbuilder Nam Cheong Limited for being proactive in engaging noteholders on its restructuring plan, while some bondholders say that they are likely to vote in favour of the scheme as it beats the alternative liquidation scenario.

Nam Cheong controlling shareholder to take up RM50m of rights shares

THE controlling shareholder of Nam Cheong has pledged to subscribe in full his share of a proposed rights issue that will cost him some RM50 million (S$15.9 million).

Keppel O&M, Pavilion Gas to work with Indonesia's PLN

KEPPEL Offshore and Marine Ltd (Keppel O&M) and Pavilion Gas are working with Indonesia's state-owned electricity provider PT Perusahaan Listrik Negara (PLN) to distribute liquefied natural gas (LNG) to remote islands and locations in West Indonesia...

Del Monte Pacific back in the black for Q1

STRONG sales in Asia gave a fillip to Del Monte Pacific Ltd's (DMPL) first- quarter results...

Keppel O&M, Pavilion Gas tie up with PLN on small scale LNG in west Indonesia

KEPPEL Offshore and Marine Ltd (Keppel O&M) and Pavilion Gas are working with Indonesia's state-owned electricity provider PT Perusahaan Listrik Negara (PLN) to distribute liquefied natural gas (LNG) to remote islands and locations in west Indonesia. ...

Del Monte Pacific back in the black for Q1 on strong sales in Asia

STRONG sales in Asia gave a fillip to Del Monte Pacific Ltd's (DMPL) first quarter results...

Noble in tough spot as it strives to revamp debt: chairman

NOBLE Group chairman Paul Brough warned on Tuesday that the firm will continue to struggle for the next few months amid constrained liquidity as it works towards a debt repayment plan with its bankers.

Noble Group shareholders approve sale of North Americas gas and power unit to Mercuria

NOBLE Group shareholders approved the sale of its North American gas and power unit to rival Mercuria Energy Group on Tuesday, with 99.76 per cent casting a "yes" vote at a special general meeting...

Social services builder

AS A TEENAGER, Benedict Cheong was fascinated with school timetables. How are these drawn up, such that everyone gets their classes and each teacher also has his share of breaks in between classes?

Noble sells JV stake to Australian associate for US$1m in shares plus future royalty

NOBLE Group has sold its stake in a joint venture Coalridge Limited for US$1 million to Australia-listed Aspire Mining in the form of Aspire's shares and options, plus a future royalty...

Emas Offshore signs agreements with potential white knight investors

EMAS Offshore Limited, a subsidiary of Ezra Holdings, has started restructuring proceedings.

Emas Offshore finds potential white knight investors

EMAS Offshore Limited, a subsidiary of Ezra Holdings, has started restructuring proceedings.

Former Abterra head of trading returns to firm

COKING coal and iron ore trader Abterra has appointed Liu Zhiyang as an executive director and head of trading with effect from Sept 1.

SunMoon Food appoints new chairman, convenes EGM to reinstate mandate for interested person transaction

FOOD distributor SunMoon Food Company has appointed James Prideaux as its new chairman, while current chairman Gary Loh Hock Chuan will become the new deputy chairman.