KUALA LUMPUR: A troubled oil terminal project in Johor is set to get a financial lifeline from a consortium led by its main banker, state-controlled CIMB Bank, and could yet emerge as a competitor to Singapore's bunkering business. Kuala Lumpur-based bankers involved in the restructuring of Asia Petroleum Hub (APH), the private company awarded rights to develop the multi-billion dollar oil...

STRONG demand for oil/ petrochemicals storage space in Singapore has led several tankfarm operators and engineering groups to vie for operatorship of the multi-billion-dollar Jurong Rock Cavern (JRC) which will store oil and chemicals underground, BT understands. They include known parties like Holland's Royal Vopak as well as newcomers like Jurong International, which is joining Vopak in its...

WITH Singapore currently studying how best to secure future LNG supplies for power plants and industries here as well as for potential trading purposes, Keppel Corporation is set to play a role, says its CEO Choo Chiau Beng. The Singapore conglomerate - already a leading global offshore rig and shipbuilder, power producer and also gas importer bringing in piped natural gas from Malaysia - is...