Energy markets

Support of trusted regional partners key to securing energy needs: PM Wong

Singapore, as an oil trading and refinery export hub, will do what it can to secure alternative “upstream feedstock”, PM Wong says

For South-east Asia, the transition to low-carbon aviation presents both an opportunity and a structural challenge.

War-driven oil shocks expose aviation’s decarbonisation challenge

Aviation remains one of the most difficult sectors to decarbonise – no single solution will be sufficient

No ship loaded with LNG has been recorded passing through the strait since the US and Israel launched attacks on Iran at the end of last February.

Asian LNG prices set to fall after US, Iran agree to ceasefire

The Strait of Hormuz has been mostly shut since the war broke out

Moderated by Brian Lim, co-founder of Wisma AI, the panel featured Joud Abdel Majeid of BlackRock, Luke Soon of EWC, and Xie Chao of GIC, offering diverse perspectives on AI advancements, enterprise adoption, and governance.

Energy costs, governance caps and overtrust could derail AI’s promise in Asia: panellists

A trust gap exists because AI sees data but lacks the common sense and intuition that people have, said one speaker

“The US power business will be a core earnings driver, supported by sustained demand from data centres and AI,” Sinon Vongkusolkit says.

Thai energy company Banpu plans US$1.5 billion US power investment on data centre boom

The company has one business focusing strictly on coal, and a more general power operation that includes coal, gas and renewable energy

Asian policymakers are already rethinking environmental goals around cutting coal-fuelled power production to ensure energy security, as the conflict extends into a sixth week.

Asian coal bonds beat peers as Iran war triggers energy rethink

A benchmark for coal prices in Asia is hovering near a 17-month high

Saudi Aramco plans to launch a process to sell a stake in its oil export and storage terminals business in the coming weeks.

Saudi Arabia, Kuwait to pursue energy deals despite war

Gulf states are keen to portray a business-as-usual approach despite Iran’s attacks

Sembcorp is well-positioned to navigate limited LNG supplies following Qatar Energy's recent force majeure declaration, analysts say.
BROKER’S TAKE

Sembcorp shares end 4.3% higher as CGSI adds counter to top Singapore picks

Analysts say the stock is trading at an ‘undemanding’ valuation of nine times its estimated FY2027 PE ratio

China is keen to blunt the impacts of a shortage of oil and gas experienced by neighbours such as Japan and South Korea.

China’s ‘supergrid’ gives Xi buffer against energy shocks

The world’s No 2 economy has become one of the biggest investors in power grids globally

China has been expanding its power system continuously since its industrial awakening in the 1990s.

China’s four-year energy spree has eclipsed entire US power grid

Since 2023, capacity additions have averaged more than 400 gigawatts a year