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Oil & Gas
Singapore news
From oil trades to defense, Singapore’s US-China balancing act gets trickier
Singapore has long thrived because it prioritizes open commerce.
October 11, 2023
Right Timing
Oil and gas producer outperforms its sustainable peers
Rex Intl's technical outlook is firm, its cash flow less so. Elsewhere, moribund REIT ETFs need Fed to halt and reverse hikes
September 14, 2023
Oil & Gas
Rex subsidiary partakes in North Sea oil discovery
Preliminary volume calculations indicate between 500,000 to 1.4 million cubic metre of recoverable oil equivalents.
February 10, 2023
Broker's Calls
Oil prices to maintain influence and high prices, keeping oil-related stocks attractive: UOB Kay Hian
UOB Kay Hian analyst Adrian Loh has maintained his “overweight” rating for the oil and gas sector in Singapore.
July 12, 2022
Oil & Gas
Oil advances after slumping on back of IEA reserve release plan
West Texas Intermediate rose past US$97 ($131.89) a barrel after retreating by more than US$5 on Wednesday.
April 07, 2022
Russia-Ukraine crisis
Shell to stop buying Russian oil and gas
“We are acutely aware that our decision last week to purchase a cargo of Russian crude oil” was wrong: Shell.
March 08, 2022
Broker's Calls
KGI keeps 'buy' on Rex International with TP of 50 cents on the back of strong oil prices
Both Brent and WTI rose around 3% on Feb 11 to US$94.44 and US$93.10 respectively, closing at their highest levels since Sept 2014
February 14, 2022
Broker's Calls
There could be oil price spikes towards US$80 per barrel or higher in late-2022 and beyond, says DBS
2022 should still represent a reasonably balanced market.
November 18, 2021
Results
CSE Global reports 11.6% decline in 3Q net profit to $5.1 mil on non-recurring divestment gain
As at Sept 30, CSE Global’s order book stood 14.8% y-o-y higher at $267.0 million.
November 11, 2020
As oil recovers, new contracts trickle in for SembMarine and Keppel
SINGAPORE (Feb 12): Oil majors such as Royal Dutch Shell and BP, which are present in the entire oil and gas value chain — from exploration, production and refining to motorway stations — have had a tremendous 2017. Their outlook for energy and their
February 22, 2018