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Exports

Global gas prices still seen volatile, even as Europe in a better position

September 6, 2023 Mariel Alumit

Global gas prices are expected to remain volatile, even though Europe is better positioned heading into winter this year, said industry executives at a conference on Tuesday. Global gas prices leapt to all-time highs last […]

conditioning
Climate Change

This country’s love affair with air conditioning shows a Catch 22 of climate change

June 16, 2023 Mariel Alumit

CNN —  When the temperature soared to 99 degrees Fahrenheit last month, Singapore resident Chee Kuan Chew saw just one option: cancel all plans and stay indoors in air-conditioned comfort. “You can’t survive without air con in […]

Russia
Crude Oil News

These Five Countries Are Laundering Russian Oil And Selling It To The West

May 8, 2023 Mariel Alumit

Correction: This story has been modified to emphasize that CREA has not verified the precise amount of oil products from Russian crude oil that passes through laundering countries to price cap-coalition countries. Five countries have […]

Finance

These Are The World’s Most Expensive Cities -New York and Singapore hit top honors

December 18, 2022 Allen Santos

The Economist Intelligence Unit (EIU) has recently published its Worldwide Cost of Living Index for 2022. As Statista’s Anna Fleck details below, New York and Singapore jointly top the rankings as the world’s most expensive […]

BioNTech
Financial Markets

BioNTech SE Acquires Singapore Manufacturing Facility The Daily Financial Trends

November 15, 2022 Allen Santos

BioNTech SE, fresh off its success on its joint Covid-19 mRNA vaccine development with Pfizer, has acquired a manufacturing facility in Singapore, its first Asian manufacturing facility. Purchased from a unit of Novartis, the facility […]

Singapore
ET Renewable

In a first, India could export green hydrogen to Singapore from 2025: MoU details

October 28, 2022 Allen Santos

As reported by the Economic Times, the MoU was signed on the sidelines of the Singapore International Energy Week, that began on October 25. By 2025-26, Greenko will begin green hydrogen export from India. Participating […]

Singapore lowers 2030 emissions forecast, to boost hydrogen
ET Renewable

Singapore lowers 2030 emissions forecast, to boost hydrogen

October 25, 2022 Mariel Alumit

Singapore plans to reduce its carbon emissions target for 2030 to 60 million tonnes of carbon dioxide (CO2), Wong said at the Singapore International Energy Week conference. Singapore’s Deputy Prime Minister and Minister for Finance […]

Paper Oil Markets
Crude Oil News

Explaining The Disconnect Between Physical And Paper Oil Markets

July 11, 2022 Mariel Alumit

Bears and bulls are butting heads over the current state of the oil market. There’s a growing disconnect between the physical market for crude and oil futures. The ongoing disconnect between physical crude and futures […]

Russia's largest shipping
Geopolitical

Russia’s largest shipping company is selling ships to buyers in Dubai and Singapore to repay its debts to Western banks, a report says

May 26, 2022 Mariel Alumit

Sovcomflot is selling ships to buyers in Asia and the Middle East to repay loans to Western banks. Per the WSJ, the deals come ahead of a Sunday deadline for EU companies to stop business […]

4.2 BILLION DOLLAR DEAL TO CREATE TANKER GIANT
International News

$4.2 Billion Deal to Create Oil Tanker Giant

April 7, 2022 Stu Turley

Euronav, Frontline investors to hold 59% and 41% respectively Tanker market is recovering after Russia’s invasion of Ukraine Frontline Ltd. and Euronav NV are considering an all-stock merger that would produce the world’s biggest tanker fleet, just as […]

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As Wisconsin utilities go their own way on net metering, advocates seek a unified approach to solar

September 27, 2023

​Correction: This article was updated to correct the amount that MGE compensates customers for the energy they send back to the grid. It is currently 16.6 cents per kilowatt-hour. Wisconsin utility MGE is proposing to […]

Crude Oil News

WTI Extends Gains As Cushing Stocks Near ‘Tank Bottoms’; SPR Drained

September 27, 2023

After their tumble overnight yesterday amid bearish risk appetites, oil prices have soared back to new cycle highs as traders mulled the effects of rapidly tightening supplies after API reported yet another weekly drawdown in […]

Jackson
Electric Vehicles

Jackson Buys 8 Electric Buses For Transit System, But None Are Working

September 27, 2023

Teton County and the town of Jackson had set its sights on a low-emission transit system for the county. The Southern Teton Area Rapid Transit (START) system, a joint operation between Jackson and Teton County, […]

California
Downstream

Why Are Gas Prices So High In California?

September 27, 2023

In 2012, the retail price of gasoline was about 30 cents higher in California than in the rest of the country. This difference rose to well over $2 per gallon earlier this fall, when gasoline […]

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