https://www.businesstimes.com.sg/ THE BUSINESS TIMES - Find latest business and financial news including analysis and opinion on top business stories, stock markets in Singapore, Asia-Pacific and global market news and more at The Business Times. en-US https://www.businesstimes.com.sg/favicon.ico https://www.businesstimes.com.sg/ 32 32 https://www.businesstimes.com.sg/companies-markets/oil-jumps-2-settles-6-month-highs-fears-escalation-iran Sat, 31 Oct 2026 00:36:15 +0000 Companies & Markets Energy & Commodities /companies-markets/oil-jumps-2-settles-6-month-highs-fears-escalation-iran For the month, Brent finishes 13.6% higher, while WTI rises 15.2% https://www.businesstimes.com.sg/esg/indonesia-philippines-and-vietnam-need-3-7-billion-development-finance-meet-climate-targets-report Fri, 30 Oct 2026 12:33:30 +0000 Janice Lim ESG Companies & Markets Energy & Commodities /esg/indonesia-philippines-and-vietnam-need-3-7-billion-development-finance-meet-climate-targets-report The report says the funds are for clean-energy solutions such as rooftop solar panels and offshore wind https://www.businesstimes.com.sg/companies-markets/energy-commodities/nuclear-potential-data-centre-boom-may-be-addressed-new-asean-energy-masterplan Fri, 30 Oct 2026 12:04:14 +0000 Sharanya Pillai Energy & Commodities Companies & Markets /companies-markets/energy-commodities/nuclear-potential-data-centre-boom-may-be-addressed-new-asean-energy-masterplan But Asean Power Grid projects need rules to be in place to deliver on potential, say industry players https://www.businesstimes.com.sg/companies-markets/energy-commodities/exxonmobil-and-chevron-beat-estimates-oil-refining-profits-soar Fri, 30 Oct 2026 12:01:03 +0000 Energy & Commodities Companies & Markets /companies-markets/energy-commodities/exxonmobil-and-chevron-beat-estimates-oil-refining-profits-soar About 10% of the world’s fuel-making capacity remains sidelined due to conflicts in the Middle East, Ukraine and Russia https://www.businesstimes.com.sg/companies-markets/energy-commodities/shell-lifts-buyback-us5-billion-refining-windfall-grows Fri, 30 Oct 2026 09:14:17 +0000 Energy & Commodities Companies & Markets /companies-markets/energy-commodities/shell-lifts-buyback-us5-billion-refining-windfall-grows Refining margin reached a record US$42 a barrel in Q3 this year https://www.businesstimes.com.sg/companies-markets/energy-commodities/bp-posts-highest-net-income-least-five-years Fri, 30 Oct 2026 08:43:28 +0000 Energy & Commodities Companies & Markets /companies-markets/energy-commodities/bp-posts-highest-net-income-least-five-years Its net income of US$8.46 billion surpasses analysts’ estimates https://www.businesstimes.com.sg/international/asean/us-owned-startup-plans-us600-million-malaysia-rare-earth-refinery Fri, 30 Oct 2026 05:00:12 +0000 Asean Companies & Markets Energy & Commodities International /international/asean/us-owned-startup-plans-us600-million-malaysia-rare-earth-refinery The project supports efforts to develop new sources of the critical minerals outside China https://www.businesstimes.com.sg/international/asean/tuas-power-explore-importing-500-mw-year-hydropower-laos Fri, 30 Oct 2026 03:00:00 +0000 Annabeth Leow Asean Companies & Markets Energy & Commodities International /international/asean/tuas-power-explore-importing-500-mw-year-hydropower-laos Proposed deal could last up to 15 years, offers optional Renewable Energy Certificates https://www.businesstimes.com.sg/companies-markets/energy-commodities/gold-drops-near-us4000-hot-inflation-tech-stock-sell Fri, 30 Oct 2026 01:55:00 +0000 Energy & Commodities Companies & Markets /companies-markets/energy-commodities/gold-drops-near-us4000-hot-inflation-tech-stock-sell The metal is on track for a second monthly loss amid heightened risks of investors selling it https://www.businesstimes.com.sg/companies-markets/energy-commodities/oil-gains-signs-us-may-resume-military-strikes-against-iran Thu, 29 Oct 2026 22:09:21 +0000 Energy & Commodities Companies & Markets /companies-markets/energy-commodities/oil-gains-signs-us-may-resume-military-strikes-against-iran Trump has been briefed by a top commander on military options, The Wall Street Journal reports https://www.businesstimes.com.sg/companies-markets/energy-commodities/sembcorp-dayone-sign-pact-explore-powering-data-centres-asia Thu, 29 Oct 2026 04:23:41 +0000 Shikhar Gupta Energy & Commodities Companies & Markets Telcos, Media & Tech /companies-markets/energy-commodities/sembcorp-dayone-sign-pact-explore-powering-data-centres-asia This is to evaluate solutions in renewable energy supply and on-site power infrastructure and generation https://www.businesstimes.com.sg/companies-markets/wilmar-slides-almost-5-after-weaker-q3-earnings-indonesian-police-probe-plantation-fires Thu, 29 Oct 2026 03:51:00 +0000 Isabelle Chong Companies & Markets Energy & Commodities /companies-markets/wilmar-slides-almost-5-after-weaker-q3-earnings-indonesian-police-probe-plantation-fires The company’s shares are down over 20% in six months https://www.businesstimes.com.sg/companies-markets/energy-commodities/gold-cuts-losses-fed-pauses-and-stays-silent-future-hikes Thu, 29 Oct 2026 00:23:44 +0000 Energy & Commodities Companies & Markets /companies-markets/energy-commodities/gold-cuts-losses-fed-pauses-and-stays-silent-future-hikes Bullion wavers around US$4,050 an ounce as Treasury yields and the US dollar fluctuate https://www.businesstimes.com.sg/companies-markets/energy-commodities/oil-declines-traders-parse-signs-fresh-diplomacy-iran Wed, 28 Oct 2026 22:18:41 +0000 Energy & Commodities Companies & Markets /companies-markets/energy-commodities/oil-declines-traders-parse-signs-fresh-diplomacy-iran US Vice-President JD Vance is said to have reached out to the secretary of Iran’s top security body https://www.businesstimes.com.sg/companies-markets/energy-commodities/0-1-horsepower-push-how-scuderia-ferrari-hp-partnership-drives-shells-innovation Wed, 28 Oct 2026 09:12:21 +0000 Shikhar Gupta Energy & Commodities Companies & Markets Lifestyle /companies-markets/energy-commodities/0-1-horsepower-push-how-scuderia-ferrari-hp-partnership-drives-shells-innovation Scuderia Ferrari HP runs continuous dynamometer tests on new fuels each month, says team principal Vasseur https://www.businesstimes.com.sg/companies-markets/energy-commodities/gold-holds-above-us4000-traders-look-us-fed-rate-decision Wed, 28 Oct 2026 00:32:34 +0000 Energy & Commodities Companies & Markets /companies-markets/energy-commodities/gold-holds-above-us4000-traders-look-us-fed-rate-decision Recent sell-off in AI-related stocks helping to push gold to its lowest since mid-July https://www.businesstimes.com.sg/companies-markets/energy-commodities/oil-rises-over-1-after-saudi-arabian-refinery-attack-reignites-supply-risk Tue, 27 Oct 2026 22:25:52 +0000 Energy & Commodities Companies & Markets /companies-markets/energy-commodities/oil-rises-over-1-after-saudi-arabian-refinery-attack-reignites-supply-risk Prices swing higher after dropping nearly US$2 on Oct 27 https://www.businesstimes.com.sg/companies-markets/energy-commodities/innovative-finance-tools-can-help-ensure-workers-arent-left-behind-shift-away-coal-report Tue, 27 Oct 2026 22:00:00 +0000 Shikhar Gupta Energy & Commodities Companies & Markets /companies-markets/energy-commodities/innovative-finance-tools-can-help-ensure-workers-arent-left-behind-shift-away-coal-report Coal Transition Commission recommends early planning, targeted funding to ensure ‘just transition’ towards clean energy https://www.businesstimes.com.sg/esg/policy-reforms-needed-decarbonise-singapores-industrial-heating-report Tue, 27 Oct 2026 11:52:17 +0000 Janice Lim ESG Companies & Markets Energy & Commodities /esg/policy-reforms-needed-decarbonise-singapores-industrial-heating-report Electrification policy is a ‘foreign direct investment retention question’, says industry association https://www.businesstimes.com.sg/companies-markets/seatrium-karpowership-develop-floating-power-digital-infrastructure-solutions-singapore Tue, 27 Oct 2026 10:00:00 +0000 Goh Ruoxue Companies & Markets Energy & Commodities /companies-markets/seatrium-karpowership-develop-floating-power-digital-infrastructure-solutions-singapore The companies may extend cooperation to the wider South-east Asia market https://www.businesstimes.com.sg/international/global/chinese-households-are-buying-golds-dip-prices-test-us4000 Tue, 27 Oct 2026 09:31:07 +0000 Global Companies & Markets Energy & Commodities International /international/global/chinese-households-are-buying-golds-dip-prices-test-us4000 Gold is fast becoming a sought-after asset in China https://www.businesstimes.com.sg/international/asean/startup-granted-permit-ship-raw-rare-earths-malaysia-us-research-ceo Tue, 27 Oct 2026 08:27:32 +0000 Asean Companies & Markets Energy & Commodities International /international/asean/startup-granted-permit-ship-raw-rare-earths-malaysia-us-research-ceo Malaysia has 16.1 million metric tons of rare-earth deposits but lacks the technology to process them https://www.businesstimes.com.sg/singapore/singapore-appoints-consultants-ahead-un-nuclear-watchdogs-review-2027 Tue, 27 Oct 2026 07:42:14 +0000 Sharanya Pillai Singapore Companies & Markets Energy & Commodities /singapore/singapore-appoints-consultants-ahead-un-nuclear-watchdogs-review-2027 More technical advisers will be named by end-2026 as the Republic gears up for IAEA’s assessment https://www.businesstimes.com.sg/companies-markets/energy-commodities/energy-market-authority-awards-s14-9-million-grants-strengthen-power-grid Tue, 27 Oct 2026 03:51:37 +0000 Shikhar Gupta Energy & Commodities Companies & Markets /companies-markets/energy-commodities/energy-market-authority-awards-s14-9-million-grants-strengthen-power-grid Four industry projects clinch funding to develop and test solutions for grid operations https://www.businesstimes.com.sg/companies-markets/energy-commodities/sembcorp-inks-pacts-build-nuclear-energy-knowledge-industry-collaboration Tue, 27 Oct 2026 02:24:44 +0000 Shikhar Gupta Energy & Commodities Companies & Markets /companies-markets/energy-commodities/sembcorp-inks-pacts-build-nuclear-energy-knowledge-industry-collaboration MOUs with AtkinsRealis, ST Engineering come as Sembcorp positions energy business for future opportunities: COO https://www.businesstimes.com.sg/companies-markets/energy-commodities/singapore-updates-renewable-energy-certificate-standard-tackle-greenwashing Tue, 27 Oct 2026 01:45:36 +0000 Sharanya Pillai Energy & Commodities Companies & Markets /companies-markets/energy-commodities/singapore-updates-renewable-energy-certificate-standard-tackle-greenwashing New efforts have also been introduced to ‘harness solar energy wherever we can’ https://www.businesstimes.com.sg/companies-markets/energy-commodities/gold-eases-stronger-us-dollar-weighs-fed-meeting-focus Tue, 27 Oct 2026 01:26:15 +0000 Energy & Commodities Companies & Markets /companies-markets/energy-commodities/gold-eases-stronger-us-dollar-weighs-fed-meeting-focus Spot gold is down 0.1% at US$4,013.70 per ounce by 0045 GMT https://www.businesstimes.com.sg/companies-markets/energy-commodities/oil-settles-lower-peace-hopes-saudi-attacks-limit-losses Mon, 26 Oct 2026 22:12:27 +0000 Energy & Commodities Companies & Markets /companies-markets/energy-commodities/oil-settles-lower-peace-hopes-saudi-attacks-limit-losses Brent finishes the day down US$0.91 or 0.8% at US$115.81 a barrel https://www.businesstimes.com.sg/companies-markets/energy-commodities/natural-gas-stay-long-haul-beyond-2050-singapore-international-energy-week-panellists Mon, 26 Oct 2026 13:42:26 +0000 Janice Lim Energy & Commodities Companies & Markets ESG /companies-markets/energy-commodities/natural-gas-stay-long-haul-beyond-2050-singapore-international-energy-week-panellists It will be a source of power generation, a stabiliser for the power grid and support for decarbonisation https://www.businesstimes.com.sg/international/asean/small-nuclear-reactors-could-boost-asean-power-grid-ge-vernova-executive Mon, 26 Oct 2026 11:35:37 +0000 Sharanya Pillai Asean Companies & Markets Energy & Commodities International /international/asean/small-nuclear-reactors-could-boost-asean-power-grid-ge-vernova-executive Eric Gray sees Singapore, the Philippines as promising markets for deployment of these cutting-edge reactors https://www.businesstimes.com.sg/international/asean/dbs-maybank-ifc-collaborate-funding-johor-singapore-renewable-energy-project Mon, 26 Oct 2026 07:32:06 +0000 Shikhar Gupta Asean Companies & Markets Energy & Commodities International Singapore /international/asean/dbs-maybank-ifc-collaborate-funding-johor-singapore-renewable-energy-project The financing framework could be reference for future cross-border initiatives under Asean Power Grid https://www.businesstimes.com.sg/companies-markets/energy-commodities/sembcorp-utilities-import-1-3-gw-low-carbon-electricity-vietnam-and-malaysia Mon, 26 Oct 2026 03:18:49 +0000 Janice Lim Energy & Commodities Companies & Markets ESG /companies-markets/energy-commodities/sembcorp-utilities-import-1-3-gw-low-carbon-electricity-vietnam-and-malaysia The initiative supports broader efforts to unlock South-east Asia’s renewable energy potential https://www.businesstimes.com.sg/companies-markets/sembcorp-closes-down-2-8-after-indonesia-cuts-gas-exports Mon, 26 Oct 2026 02:04:32 +0000 Isabelle Chong Companies & Markets Energy & Commodities /companies-markets/sembcorp-closes-down-2-8-after-indonesia-cuts-gas-exports The decline comes as Singapore braces for energy supply disruptions following Indonesia’s curb https://www.businesstimes.com.sg/companies-markets/energy-commodities/ytl-powerseraya-names-lim-han-kwang-ceo-succeed-john-ng Mon, 26 Oct 2026 02:00:00 +0000 Shikhar Gupta Energy & Commodities Companies & Markets /companies-markets/energy-commodities/ytl-powerseraya-names-lim-han-kwang-ceo-succeed-john-ng The succession marks the culmination of a planned handover process that started in 2024 https://www.businesstimes.com.sg/international/asean/singapore-malaysia-energy-regulators-renew-mou-bilateral-collaboration Mon, 26 Oct 2026 02:00:00 +0000 Shikhar Gupta Asean Companies & Markets Energy & Commodities International /international/asean/singapore-malaysia-energy-regulators-renew-mou-bilateral-collaboration Renewable energy projects, cross-border electricity trade can get boost from agreement https://www.businesstimes.com.sg/companies-markets/energy-commodities/inside-singapores-new-five-year-energy-plan-s5-3-billion-grid-upgrade-trebling-storage-capacity Mon, 26 Oct 2026 01:50:16 +0000 Janice Lim Energy & Commodities Companies & Markets ESG /companies-markets/energy-commodities/inside-singapores-new-five-year-energy-plan-s5-3-billion-grid-upgrade-trebling-storage-capacity The government is prepared to facilitate the entry of more new power plants if needed https://www.businesstimes.com.sg/companies-markets/singapore-faces-energy-risks-resource-nationalism-undermines-contracts-tan-see-leng Mon, 26 Oct 2026 01:25:59 +0000 Sharanya Pillai Companies & Markets Energy & Commodities /companies-markets/singapore-faces-energy-risks-resource-nationalism-undermines-contracts-tan-see-leng The Republic plans to store Saudi crude on Jurong Island, and keep ‘multiple lines of defence’ for energy security https://www.businesstimes.com.sg/companies-markets/energy-commodities/gold-steadies-after-weekly-drop-focus-shifts-fed-meeting Sun, 25 Oct 2026 23:22:41 +0000 Energy & Commodities Companies & Markets /companies-markets/energy-commodities/gold-steadies-after-weekly-drop-focus-shifts-fed-meeting Bullion trades on either side of US$4,000 an ounce, after hitting its lowest since July last week https://www.businesstimes.com.sg/companies-markets/energy-commodities/oil-declines-six-month-high-traders-assess-mideast-risks Sun, 25 Oct 2026 22:58:14 +0000 Energy & Commodities Companies & Markets /companies-markets/energy-commodities/oil-declines-six-month-high-traders-assess-mideast-risks Brent falls below US$115 a barrel as West Texas Intermediate nears US$101 https://www.businesstimes.com.sg/singapore/gas-supply-may-pursue-remedies-if-contract-breached-following-indonesias-export-cuts-tan-see-leng Sun, 25 Oct 2026 05:55:38 +0000 Singapore Companies & Markets Energy & Commodities /singapore/gas-supply-may-pursue-remedies-if-contract-breached-following-indonesias-export-cuts-tan-see-leng Tan says prices would not be affected that much in the short term due to Indonesia’s move https://www.businesstimes.com.sg/companies-markets/energy-commodities/oil-rigs-offshore-wind-singapore-shipyards-chase-europes-energy-transition-business Sun, 25 Oct 2026 03:32:53 +0000 Energy & Commodities Companies & Markets /companies-markets/energy-commodities/oil-rigs-offshore-wind-singapore-shipyards-chase-europes-energy-transition-business The Republic is repurposing expertise built over decades serving the largest offshore oil and gas companies for this green push https://www.businesstimes.com.sg/singapore/singapore-expects-all-parties-honour-commitments-says-pm-wong-after-indonesia-cuts-gas-exports Sun, 25 Oct 2026 02:49:29 +0000 Singapore Companies & Markets Energy & Commodities /singapore/singapore-expects-all-parties-honour-commitments-says-pm-wong-after-indonesia-cuts-gas-exports The Republic needs ‘cleaner sources of power that can provide reliable electricity around the clock’, he adds https://www.businesstimes.com.sg/singapore/gas-supply-cut-indonesia-accounts-less-2-singapores-daily-gas-demand-ema Sun, 25 Oct 2026 00:27:36 +0000 Singapore Companies & Markets Energy & Commodities /singapore/gas-supply-cut-indonesia-accounts-less-2-singapores-daily-gas-demand-ema The authority has contingency plans in place to deal with such reductions