Glencore and PT Chandra near $1 Billion deal for Shell’s Singapore refinery and petrochemical units
In a move set to reshape Singapore’s energy landscape, a consortium led by Glencore and PT Chandra is on the brink of acquiring Shell’s oil [more…]
Category: Singapore
Trafigura-led consortium in exclusive talks to acquire Exxon Mobil’s Fos-sur-Mer refinery in France
In a strategic move, Rhone Energies, a consortium formed by commodity trader Trafigura and Entara LLC, has entered into exclusive negotiations with Exxon Mobil’s ESSO [more…]
Grab takes a crypto leap, users can now pay with Bitcoin and more in Singapore
Grab, the ubiquitous super app known for its wide range of services including ride-hailing, food delivery, and digital payments, is now venturing into the world [more…]
China’s Xpeng unveils ambitious global expansion plans with right-hand drive model launch
Chinese electric vehicle (EV) manufacturer Xpeng is gearing up for its global expansion with the announcement of its first right-hand drive model, set to launch [more…]
Banco Santander expands presence in Qatar with office in Doha’s financial centre
Banco Santander, the global banking giant, has recently expanded its reach to the vibrant financial hub of Doha, Qatar, by opening a representative office in [more…]
FalconX eyes Hong Kong market, set to offer OTC brokerage and crypto derivatives services
Digital asset brokerage firm FalconX has set its sights on Hong Kong as it expands its services to meet the rising institutional demand for crypto [more…]
Rolls-Royce’s aircraft engine sales soar
Rolls-Royce, the British aerospace and defense company, remains unfazed by the recent price increases for its aircraft engines, as the industry experiences a surge in [more…]
China’s C919 breaks ground at Singapore Airshow, posing challenge to Airbus and Boeing dominance
China’s ambitious foray into the competitive world of passenger jets took a significant step as its homegrown aircraft, the C919, soared into the skies outside [more…]
Shell to convert German refinery into lubricant feedstock facility by 2025
Shell has announced plans to shut down its oil refinery in Wesseling, Germany, by 2025 and repurpose the site for the production of lubricant feedstock, [more…]
Maybank Singapore makes history, launches fixed CPF deposits
Once upon a time in Singapore, where the Central Provident Fund (CPF) was the cornerstone of retirement planning, a new opportunity arose for CPF members. [more…]