Florence Tan
Stories by Florence Tan
Malaysia’s CIMB alleges ‘suspicious’ Hontop Energy oil deals with BP
Singapore’s High Court has appointed an independent supervisor to oversee the restructuring of Hontop Energy.
Singapore’s Hontop Energy in talks with banks to manage debt
The company went into receivership in February after DBS appointed KPMG as the receiver.
Sembcorp unit begins proceedings against Hin Leong affiliate
Just last week, Sembcorp Cogen terminated its gasoil supply and storage agreement with Hin Leong.
Banks tighten credit in Asia as Hin Leong losses add to woes
The move follows the oil price collapse and problems at three companies including Singapore trader Hin Leong.
Thailand’s PTT beefs up retail, power investments to tackle slowing growth
PTT is also planning an IPO for PTT Oil & Retail Co on the Stock Exchange of Thailand.
Singapore’s GIC says to up investment in Indian renewables firm Greenko
Greenko operates wind, solar, hydropower, natural gas and biomass power plants with a total capacity of 3.2 gigawatts.
Microsoft to buy solar power from Singapore’s Sunseap in first Asia renewable deal
Microsoft will purchase 100% of the electricity generated from Sunseap's 60 MW-peak solar power project for 20 years for its Singapore data operation
Shell to sell its stake in Thai Bongkot fields to PTTEP for $750m
Shell had in October cancelled a $900 million agreement to sell the same gas field stakes to Kuwait Foreign Petroleum Exploration Company (KUFPEC).
China’s Sinopec mulls U.S. oil projects ahead of Trump’s visit
One of the projects could see Sinopec partnering with U.S. commodities trader Freepoint Commodities LLC and U.S. private equity firm ArcLight Capital
ExxonMobil buys Singapore petrochem plant from Jurong Aromatics
The deal will boost its output and meet demand in Asia.
