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Category: Singapore

Singapore

High Quality Oil and Gas Supplies are Scarce, WoodMac Says
Asia England North America Singapore UK USA

High Quality Oil and Gas Supplies are Scarce, WoodMac Says

ENERGY ANALYTICS INSTITUTE (EAI)16 February 202316 February 2023
(WoodMac, 16.Feb.2023) — The energy transition will require oil and gas for decades to come, but the supply of lower-cost, lower-carbon “advantaged” barrels remain scarce, threatening emissions targets and causing...
WoodMac’s Five Key Energy Sector Developments in 2023 
Asia England North America Singapore UK USA

WoodMac’s Five Key Energy Sector Developments in 2023 

ENERGY ANALYTICS INSTITUTE (EAI)8 December 20229 December 2022
(WoodMac, 8.Dec.2022) — There is no doubt that 2022 has been an extremely challenging 12 months, but as the year draws to a close, there is hope.  Spiralling energy costs...
Global Deepwater Production to Increase 60% by 2030: WoodMac
Asia North America Singapore USA

Global Deepwater Production to Increase 60% by 2030: WoodMac

ENERGY ANALYTICS INSTITUTE (EAI)29 November 202229 November 2022
(WoodMac, 29.Nov.2022) — Global deepwater production will increase 60% by 2030, reaching 17 million barrels of oil equivalent per day (boe/d), according to a new report from Wood Mackenzie, a...
Air Liquide, Chevron, Keppel and Petrochina Form CCUS Consortium in Singapore
Asia Singapore

Air Liquide, Chevron, Keppel and Petrochina Form CCUS Consortium in Singapore

ENERGY ANALYTICS INSTITUTE (EAI)21 September 202225 September 2022
(Chevron, 21.Sep.2022) — Air Liquide, Chevron, Keppel Infrastructure and PetroChina (1) signed a memorandum of understanding to form a consortium which will aim to evaluate and advance the development of...
Shell Sanctions Crux Gas Project 
Asia Singapore

Shell Sanctions Crux Gas Project 

ENERGY ANALYTICS INSTITUTE (EAI)30 May 20229 June 2022
(WoodMac, 30.May.2022) — Shell has sanctioned the development of the Crux gas field in Australia’s Bonaparte Basin.   Wood Mackenzie research analyst Michael Song said: “The development is expected to cost...
LNG Contracting Off to Fast Start in 2022 with More Than 10 mmtpa Signed
Asia Singapore

LNG Contracting Off to Fast Start in 2022 with More Than 10 mmtpa Signed

ENERGY ANALYTICS INSTITUTE (EAI)16 May 202215 May 2022
(WoodMac, 16.May.2022) — Demand for long-term LNG contracts continues to gain momentum this year as large volumes have been signed and prices for oil-linked deals under negotiation are rising, according...
Venezuela’s Oil Exports Drop 8% in April amid Quality-linked Delays
Asia China Cuba India Iran Latin America and the Caribbean Middle East Singapore Venezuela

Venezuela’s Oil Exports Drop 8% in April amid Quality-linked Delays

ENERGY ANALYTICS INSTITUTE (EAI)6 May 20229 May 2022
(Reuters, 6.May.2022) — Venezuela's oil exports fell 8% in April from the previous month amid continued delays linked to poor-quality crude grades and insufficient oil upgrading capacity available, according to...
NRGBriefs: Exxon Exits Sakhalin-1; LyondellBasell On Seasonal Demand
Asia China Cuba Guyana Latin America and the Caribbean North America Russia Singapore USA

NRGBriefs: Exxon Exits Sakhalin-1; LyondellBasell On Seasonal Demand

ENERGY ANALYTICS INSTITUTE (EAI)29 April 20228 May 2022
(Energy Analytics Institute, 29.Apr.2022) — Energy briefs including Exxon discontinuing operations at the Sakhalin-1 venture; and LyondellBasell Industries (NYSE: LYB) expecting typical improvements in summer seasonal demand will extend market strength...
SBM Offshore Reveals Prosperity FPSO Module TS032 Lifting
Asia Guyana Latin America and the Caribbean Singapore

SBM Offshore Reveals Prosperity FPSO Module TS032 Lifting

ENERGY ANALYTICS INSTITUTE (EAI)20 April 202224 April 2022
(Energy Analytics Institute, 20.Apr.2022) — SBM Offshore revealed the first series of the topsides module lifting for the 220,000 barrel per day (b/d) capacity Prosperity floating production storage and offloading...
China’s Oil Champion Prepares Western Retreat Over Sanctions Fear
Asia Singapore

China’s Oil Champion Prepares Western Retreat Over Sanctions Fear

ENERGY ANALYTICS INSTITUTE (EAI)13 April 202214 April 2022
(Reuters, 13.Apr.2022) — China's top offshore oil and gas producer CNOOC Ltd. (0883.HK) is preparing to exit its operations in Britain, Canada and the United States, because of concerns in Beijing the...
About 650,000 B/D of Russian Oil to be ‘Swapped’ 
Asia Singapore South Korea

About 650,000 B/D of Russian Oil to be ‘Swapped’ 

ENERGY ANALYTICS INSTITUTE (EAI)5 April 20225 April 2022
(WoodMac, 5.Apr.2022) — About 650,000 barrels per day (b/d) of Russian crude oil are to be relocated from advanced economies, and the solution could be ‘crude swapping’, says Wood Mackenzie,...
World Must Double-Down on Plans to Achieve Net Zero by 2050
Asia Singapore

World Must Double-Down on Plans to Achieve Net Zero by 2050

ENERGY ANALYTICS INSTITUTE (EAI)23 March 202224 March 2022
(WoodMac, 23.Mar.2022) — Wood Mackenzie, a Verisk business (Nasdaq:VRSK), reveals in its latest Accelerated Energy Transition (AET) 1.5-Degree scenario report, that the world needs to double-down on plans to achieve the...
Yuchai Engines Power Largest Chinese Bus Export Order to Mexico
Asia Latin America and the Caribbean Mexico Singapore

Yuchai Engines Power Largest Chinese Bus Export Order to Mexico

ENERGY ANALYTICS INSTITUTE (EAI)11 March 202217 March 2022
(China Yuchai, 11.Mar.2022) — China Yuchai International Limited (NYSE: CYD), a manufacturer and distributor of engines for on- and off-road applications in China through its main operating subsidiary, Guangxi Yuchai Machinery Company Limited...
NRGBriefs: Bolivia’s Urea Exports to Argentina, Brazil, and Peru
Asia Bolivia Chile Denmark Ecuador Europe Latin America and the Caribbean Singapore

NRGBriefs: Bolivia’s Urea Exports to Argentina, Brazil, and Peru

ENERGY ANALYTICS INSTITUTE (EAI)6 January 20222 March 2022
(Energy Analytics Institute, 6.Jan.2022) — Energy briefs including Bolivia’s urea production gaining mkt shr in Argentina, Brazil and Peru in less than 4 mths; Chile building more than 6,600MW of...
Sembcorp Marine Completes First Floating Production Unit Newbuild
Asia Singapore

Sembcorp Marine Completes First Floating Production Unit Newbuild

ENERGY ANALYTICS INSTITUTE (EAI)6 January 20227 January 2022
(Sembcorp Marine Ltd, 6.Jan.2022) — Sembcorp Marine Ltd successfully completed the Vito Regional Production Facility (Vito RPF) for Shell Offshore Inc. With the Vito RPF, the group’s first floating production...
Major Energy Exporters Race To Lead In Global Hydrogen Trade
Asia Singapore

Major Energy Exporters Race To Lead In Global Hydrogen Trade

ENERGY ANALYTICS INSTITUTE (EAI)28 October 202110 November 2021
(WoodMac, 28.Oct.2021) — The time is ripe for the world's major energy exporters to accelerate the energy transition, and mastering the hydrogen trade could make a difference, says Wood Mackenzie,...
Electric Vehicle Sales Surpass 6 Million In 2021
Asia North America Singapore USA

Electric Vehicle Sales Surpass 6 Million In 2021

ENERGY ANALYTICS INSTITUTE (EAI)31 August 202131 August 2021
(WoodMac, 31.Aug.2021) — Global electric vehicle (EV) sales are expected to vault over 6 million this year, says Wood Mackenzie, a Verisk business (Nasdaq:VRSK).   EV sales in H1 2021...
CCS Could Impact Emissions Of LNG Projects
Asia Singapore

CCS Could Impact Emissions Of LNG Projects

ENERGY ANALYTICS INSTITUTE (EAI)25 August 202124 August 2021
(WoodMac, 25.Aug.2021) — The use of carbon capture and storage (CCS) could have a material impact on LNG projects’ carbon emissions. Depending on the strategy adopted, more than 25% of...
Crude From Venezuela, Iran Stacks Up Off Singapore
Asia Iran Latin America and the Caribbean Middle East Singapore Venezuela

Crude From Venezuela, Iran Stacks Up Off Singapore

ENERGY ANALYTICS INSTITUTE (EAI)24 August 202125 August 2021
(Bloomberg, 24.Aug.2021) — Oil stored in ships has been stacking up off key Asian ports as a crackdown in China on private crude oil processors has blunted purchases and disrupted...
Oil Price Windfall A ‘Golden Opportunity’
Asia England Europe Singapore

Oil Price Windfall A ‘Golden Opportunity’

ENERGY ANALYTICS INSTITUTE (EAI)20 August 202120 August 2021
(WoodMac, 19.Aug.2021) — Oil and gas companies must use the current cash flow windfall opportunity to speed up decarbonisation of their businesses, global natural resources consultancy Wood Mackenzie, a Verisk...
China Crackdown Could Knock Oil Import Growth
Asia China Singapore

China Crackdown Could Knock Oil Import Growth

ENERGY ANALYTICS INSTITUTE (EAI)23 July 202129 July 2021
(Reuters, 23.Jul.2021) — Beijing's crackdown on the misuse of import quotas combined with the impact of high crude prices could see China's growth in oil imports sink to the lowest...
Brazil’s Lower-Sulphur Fuel Booms In Asia
Asia Brazil Latin America and the Caribbean Mexico Singapore Venezuela

Brazil’s Lower-Sulphur Fuel Booms In Asia

ENERGY ANALYTICS INSTITUTE (EAI)1 July 20218 August 2021
(Reuters, 1.Jul.2021) — Brazil is growing its marine fuel oil exports to Asia's lucrative premium hubs, where rules mandating lower sulphur content have been squeezing out most of its Latin...
Colombia’s Ecopetrol Incorporates Singapore Affiliates
Asia Colombia Latin America and the Caribbean Singapore

Colombia’s Ecopetrol Incorporates Singapore Affiliates

ENERGY ANALYTICS INSTITUTE (EAI)1 July 20216 July 2021
(Ecopetrol, 1.Jul.2021) — Ecopetrol S.A. (BVC: ECOPETROL;NYSE: EC) concluded the incorporation of Ecopetrol Singapore Pte Ltd., a company in which it will directly own 100% of its share capital. In...
BHP Becomes Founding Member Of Maritime Decarbonisation Centre
Asia Singapore

BHP Becomes Founding Member Of Maritime Decarbonisation Centre

ENERGY ANALYTICS INSTITUTE (EAI)21 April 20214 May 2021
(BHP, 21.Apr.2021) — BHP signed a Memorandum of Cooperation (MoC) with Singapore’s Maritime and Port Authority (MPA) to become one of the founding members of the Maritime Decarbonisation Centre to...

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Energy Analytics Institute’s SPonsor ADvertiser (SPAD) Promo Video

Frontera Refinances Existing Puerto Bahía Debt, Enters Into Credit Agreement

Baker Hughes to Supply Trains for Port Arthur LNG Phase 1 Project

Energy Analytics Institute’s NRGBriefs: March 2023

ONE GUYANA FPSO Reaches Drydock [Video]

Ecopetrol Names Alberto Consuegra Granger as Interim CEO

Ecopetrol Not Advancing Plans to Buy Monómeros Colombo Venezolanos S.A.

Petrobras on Route 3 Integrated Project 

A Supercharged China Could Turn up the Heat on Global Commodities

Energy Chamber Facilitates Discussion on Carbon Border Adjustment Mechanism

Paratus Energy Services Ltd Announces 4Q:22 Trading Update 

Ecopetrol Obtains Authorization to Borrow One Trillion Pesos from Bancolombia

Petrobras on Letter from the Ministry of Mines and Energy (MME)

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Still Standing for Now: El Metro de Caracas

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