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Oil & Gas

Big Oil bets on biofuels with more than 40 projects planned by 2030: Rystad Energy

As oil majors shift to lower-carbon energy, there is a “clear trend” toward “advanced” biofuels, particularly hydrotreated vegetable oil (HVO) and sustainable aviation fuel (SAF), say analysts.
Keppel, Pan-United to collaborate on CCUS, hydrogen development with energy and infrastructure firms - THE EDGE SINGAPORE

Sustainability

Keppel, Pan-United to collaborate on CCUS, hydrogen development with energy and infrastructure firms

The parties say CO2 sequestered in concrete has the potential to lower the embodied carbon of buildings where concrete is used.
Chevron, Exxon opt out of funding COP28 methane-cutting fund - THE EDGE SINGAPORE

Environmental, Social and Governance

Chevron, Exxon opt out of funding COP28 methane-cutting fund

Some oil giants were reluctant to underwrite a fund seen as effectively providing cash donations to global competitors.

Commodities

Chevron to buy Hess for US$53 bil in latest oil megadeal

Buying Hess will give Chevron a 30% stake in more than 11 billion barrels equivalent of recoverable resources in Guyana

Sustainability

Keppel Infrastructure, Air Liquide, Chevron and PetroChina form consortium to develop CCUS solutions in Singapore

Shares in Keppel closed 7 cents higher or 0.98% up at $7.24 on Sept 21.
BP to Exit Rosneft Stake and May Take a US$25 Billion Hit - THE EDGE SINGAPORE

Russia-Ukraine crisis

BP to Exit Rosneft Stake and May Take a US$25 Billion Hit

BP to exit Rosneft stake and take US$25 billion hit
AusGroup eyes turnaround under CEO Kimpton; banks on maintenance for recurring revenue - THE EDGE SINGAPORE

Oil & Gas

AusGroup eyes turnaround under CEO Kimpton; banks on maintenance for recurring revenue

Under CEO Shane Kimpton, AusGroup has steadied itself and looks poised for a turnaround. Find out more.
Stamford Land sells property previously leased to Chevron for A$67.8 mil - THE EDGE SINGAPORE

Company in the news

Stamford Land sells property previously leased to Chevron for A$67.8 mil

According to Stamford Land, the commercial office building has been vacant following the expiry of Chevron’s lease in April 2020.

Sustainability

Enterprise Singapore partners energy companies in innovation challenge for SMEs and startups

Enterprise Singapore (ESG) has partnered four leading energy companies, Chevron, ConocoPhillips, ExxonMobil, and Shell, to launch the inaugural Energy Open Innovation Challenge (EOIC) 2020 on September 3.

Tech

Keppel Data Centres among industry leaders to develop Singapore’s first end-to-end decarbonisation process in Singapore

Under the MOU, Keppel Data Centres, Chevron, Pan-United and Surbana Jurong will jointly explore, identify and develop mature carbon capture technologies, coupled with novel technologies that utilise cryogens, membranes and hydrogen.
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