Singapore | Egypt Oil & Gas

Saudi Arabia to Expand Asian Crude Oil Storage With Singapore Deal

Saudi Arabia plans to store crude oil in Singapore’s Jurong Rock Caverns from the second half of 2027 to strengthen regional supply security and enhance the resilience of its crude oil supply chain, according to state...

Aster Shifts Crude Buying to Americas, Africa Amid ME Disruptions

Singapore-based Aster Chemicals and Energy has shifted part of its crude procurement toward the Americas and Africa after disruptions to Middle Eastern oil supplies caused by the ongoing Iran war, Reuters reported. Th...

ExxonMobil to Shut Singapore Steam Cracker by June 2026

ExxonMobil plans to permanently shut down the older of its two steam crackers on Singapore’s Jurong Island, with closure beginning in March and full shutdown expected by June, Reuters reported, citing four sourc...

SOMO Negotiates with Exxon for Storage Space in Singapore

The State Oil Marketing Organization (SOMO) revealed that it entered into negotiations with ExxonMobil seeking a deal for more storage space in Singapore, according to Iraq News Agency (INA). It added that the negotia...

India Set to Boost Diesel, Jet Fuel Exports to Australia, Singapore

India is poised to increase its diesel and jet fuel exports to Singapore and Australia in July. The expected surge in shipments, ranging from 157,000 to 224,000 barrels per day (bbl/d), is the highest since end-2021 a...

Chevron, MOL to Explore CO2 Shipping from Singapore to Australia

Chevron Corporation and Mitsui announced the signing of a joint study agreement (JSA) on the feasibility of transporting liquified carbon dioxide (CO2) from Singapore to permanent storage locations offshore Australia....

ExxonMobil Focuses on Higher-Value Lubricants, Cleaner Fuels for Singapore Project

As part of its Singapore Resid Upgrade Project and as demand for cleaner fuels and distillates is growing, ExxonMobil will upgrade its residual production into higher-value lubricant base stocks and cleaner fuels. As ...

Singapore’s Pavilion Energy, BP Sign 10-Year LNG Deal

Singapore’s Pavilion Energy has signed a 10-year deal to buy liquefied natural gas (LNG) from BP’s Singapore unit beginning in 2024, with intentions to diversify its gas supply sources, Reuters reported. Per the sale ...

Qatar, Singapore Sign Strategic LNG Deal

Qatar Petroleum and Pavilion Energy have signed a strategic liquified natural gas (LNG) sale and purchase agreement (SPA) that will provide Singapore as much as 1.8 million tons per year (mt/y) starting from 2023, acc...

Singaporean Oil, Gas Companies Explore Cooperation with Egypt

A delegation of representatives from nine Singaporean oil and gas companies visited Cairo from November 16-18, 2019, to discuss mutual cooperation opportunities in the Egyptian oil and gas sector, Amwal Alghad reporte...

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