Jurong Port, MHI and JERA Explore Plan to Build Ammonia Power Plant in Singapore
A consortium of Singapore and Japanese companies have signed an initial agreement to build a power plant fuelled only by ammonia in the city state.Singapore's Jurong Port, Mitsubishi Heavy Industries Asia Pacific (MHI-AP) and JERA plan to build the 60 meg
China's INE Considers Singapore for Marine Fuel Futures Delivery
The Shanghai International Energy Exchange (INE) is considering using oil storage sites in Singapore owned by PetroChina Co as a delivery point for its low-sulphur fuel oil futures contract, according to two…
Singapore Petroleum Builds New Oil Storage, Distribution Center
Singapore Petroleum Company, a subsidiary of PetroChina International, said in a statement on Friday it completed a new oil products storage and distribution terminal on Jurong Island, an artificial island off Singapore's southwest coast.The terminal "wil
Trafigura Signs Second Storage Deal with Singapore LNG Corp
Commodities trader Trafigura has signed a second deal with Singapore LNG Corp, operator of the city-state's first liquefied natural gas (LNG) terminal, for storage and reload services, the two companies said on Monday.Under the agreement…
PSA Marine to Provide LNG FSRU Services in Bangladesh
Summit Power International (SPI), Singapore, announced that its subsidiary, Summit LNG Terminal has awarded a 15-year contract to PSA Marine Bangladesh, a subsidiary of PSA Marine. Under the contract, PSA Marine Bangladesh will provide berthing…
Four-month Hangover from Singapore Fuel Party Ends
Singapore's long hangover from a near-record fuel oil trading binge in March is ending as tonnage traded that month and held offshore moves into landed tanks, signalling a tighter market in the world's biggest trading hub for the shipping fuel.
Keppel, BG Group JV to supply LNG Bunkers in Singapore
Keppel Offshore & Marine Ltd (Keppel O&M), through its wholly-owned subsidiary KS Investments Pte Ltd (KSI), and BG Group plc (BG Group) have been selected to supply Liquefied Natural Gas (LNG) bunker to vessels in the Port of Singapore.
Trafigura Replicates Oil Market Tactics with LNG
Growing spot market attracts commodity trade houses; Trafigura traded 1.7 mln tonnes LNG in 2014. Trafigura is blazing a trail for trade houses, adopting highly successful tactics used in oil markets, to get…
Trafigura Inks Storage Deal with Singapore LNG Corp
Trafigura has signed a deal with Singapore LNG Corp, operator of Singapore's first liquefied natural gas terminal, allowing the commodities trader to use excess gas storage at SLNG's terminal on Jurong Island, the companies said on Tuesday.
51% Stakes of Keppel Merlimau Cogen Sold for $510 mi
Keppel Infrastructure Holdings Pte Ltd (KI), through its wholly-owned subsidiary, has agreed to sell 51% stake of Keppel Merlimau Cogen Pte Ltd (KMC), which owns Keppel Merlimau Cogen Plant to Keppel Infrastructure…
MHI Takes Order for 2 ExxonMobil PE plants
MHI receives order for large-scale polyethylene plant project in the U.S.A. Mitsubishi Heavy Industries America, Inc. (MHIA), fully owned subsidiary of Mitsubishi Heavy Industries, Ltd. (MHI), has received…
