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Oil and gas sector

Japan’s Eneos leads bids for Chevron’s Singapore oil refinery stake: Sources

A Singapore Refining Company (SRC) plant at Jurong Island.  A source put the value of Chevron’s SRC stake at hundreds of millions of dollars.
A Singapore Refining Company (SRC) plant at Jurong Island.  A source put the value of Chevron’s SRC stake at hundreds of millions of dollars.

Loaded supertanker returns to Venezuelan waters amid US interceptions, monitor says

Indonesia denies sovereignty risk in US trade deal expected to be signed in January

US President Donald Trump and Indonesian President Prabowo Subianto are set to sign a trade agreement at the end of January 2026.
US President Donald Trump and Indonesian President Prabowo Subianto are set to sign a trade agreement at the end of January 2026.

ST Explains

Hydrogen is fuelling climate change – should we scrap plans to use it?

A new generation of gas turbines can generate electricity by using a blend of up to 75 per cent hydrogen and natural gas.. PHOTO: SIEMENS ENERGY
A new generation of gas turbines can generate electricity by using a blend of up to 75 per cent hydrogen and natural gas.. PHOTO: SIEMENS ENERGY

BP’s sudden CEO swop is the shock investors wanted to see

BP is replacing its CEO with Meg O’Neill, its first external boss in its 115-year-old history and a fossil-fuel enthusiast who underscores the company's hard pivot back to oil and gas.
BP is replacing its CEO with Meg O’Neill, its first external boss in its 115-year-old history and a fossil-fuel enthusiast who underscores the company's hard pivot back to oil and gas.

BP appoints Big Oil’s first female CEO in bid for revival

Meg O’Neill has been a big proponent of using gas as a transition fuel to reduce global coal demand and cut emissions.
Meg O’Neill has been a big proponent of using gas as a transition fuel to reduce global coal demand and cut emissions.

S’pore is committed to high-value, low-carbon energy and chemicals manufacturing: DPM Gan

Deputy Prime Minister Gan Kim Yong speaking at the opening ceremony of ExxonMobil’s resid upgrade facilities on Jurong Island on Dec 16.
Deputy Prime Minister Gan Kim Yong speaking at the opening ceremony of ExxonMobil’s resid upgrade facilities on Jurong Island on Dec 16.

Commentary

For Trump, the hottest property on earth lies in the Arctic

The big geopolitical question is where a US-Russia Arctic deal would leave China, says the writer.
The big geopolitical question is where a US-Russia Arctic deal would leave China, says the writer.

Russian oil export revenue falls to lowest level since invading Ukraine: IEA

Russia is the world’s third-largest oil producer and income from fossil fuels is vital for its state finances.
Russia is the world’s third-largest oil producer and income from fossil fuels is vital for its state finances.

Shell sued in Britain over 2021 Philippines typhoon: NGOs

The case marks the latest step in a wider international movement to assign responsibility to major companies for climate damage.
The case marks the latest step in a wider international movement to assign responsibility to major companies for climate damage.

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MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2025 SPH Media Limited. All rights reserved.