Jan 15, 2021 10:10 PM

Exxon investigated by SEC over Permian property valuations: WSJ

[NEW YORK] Exxon Mobil is being investigated by the US Securities and Exchange Commission (SEC) after a...


Jan 15, 2021 05:50 AM

17 parties have signed NDAs to explore investing in Hyflux: JMs


SEVENTEEN parties are interested in the embattled Hyflux and have signed non-disclosure agreements (NDAs) to explore...

Jan 14, 2021 11:16 AM

Sumitomo to close Singapore crude, fuel oil trading desk at end-March

[SINGAPORE] Japanese trading house Sumitomo plans to close its crude and fuel oil trading desks in Singapore at the...

Jan 14, 2021 06:19 AM

Oil ends lower, retreating from recent gains as Covid-19 cases rise

[NEW YORK] Oil prices fell on Wednesday, pulling back from recent gains, on concerns that rising global Covid-19...

Jan 14, 2021 05:50 AM

Oil prices rally further after crude stocks fall more than expected

OIL prices were higher on Wednesday, with US crude gaining for the seventh straight day, after industry data showed...

Jan 14, 2021 05:50 AM

DuPont's new plant helps boost Singapore as regional chemicals hub


US chemical giant DuPont has built a new enzyme-blending factory in Singapore, giving a big boost to the country's...

Jan 13, 2021 11:29 AM

Gold rises as rally in US dollar, Treasury yields hits brakes

[BENGALURU] Gold prices edged up on Wednesday as the dollar pulled back and the US Treasury yields traded lower,...

Jan 13, 2021 10:24 AM

Saudi Aramco seeking US$7.5b loan for oil pipeline investors: sources

[DUBAI] Saudi Aramco is lining up a loan of about US$7.5 billion for potential investors in its oil pipelines,...

Jan 13, 2021 06:15 AM

Oil settles up, near US$57 on tight supply expectations

[NEW YORK] Oil hit an 11-month high just below US$57 a barrel on Tuesday, bolstered by Saudi Arabia's plans to limit...

Jan 13, 2021 05:50 AM

Sunpower inks steam supply deal in China

MAINBOARD-LISTED Sunpower Group is buying four sets of boilers for 100 million yuan (S$20.5 million) from a Chinese...

Jan 13, 2021 05:50 AM

Oil and gas firms likely to be spared steep impairment that ravaged them in 2020


IT's too early to say if oil's robust start in 2021, led by output cuts and vaccine hopes, will bring energy stocks...

Jan 12, 2021 12:29 PM

World's biggest battery race gets new contender in Australia

[SYDNEY] Another big battery project has been announced in Australia, as energy storage developers rush to profit...