08 December 16 | The Straits Times by CAROLYN KHEW
A new marine research laboratory will look at how shipping companies can reduce the cost of going green.
The Sembcorp Marine Lab at Nanyang Technological University (NTU) will study ways for ships to be retrofitted and modified so they can use both diesel and clean fuel, such as liquefied natural gas (LNG) at the same time.
The new lab comes as the International Maritime Organisation, under the...
01 November 16 | The Straits Times by YASMINE YAHYA
Back in December 2014, Swiber Holdings announced that it had broken into the West African market by securing a US$710 million (S$989 million) project from a Houston-based oil and gas company.
Yesterday, the Singapore Exchange reprimanded Swiber - now under judicial management - over that announcement, saying it had breached listing rules by failing to be "fair and balanced".
At the heart of the...
21 October 16 | The Business Times by ANDREA SOH
COULD KrisEnergy soon be getting a lucky break? The stock has seen its share price rise since the beginning of the month, accompanied by a surge in volume. Talk in the market is that Keppel Corporation - which holds a 40 per cent stake in the oil and gas exploration and production firm - might lend a hand to the firm to restructure its loans. When asked about this, both KrisEnergy and Keppel Corp...