Energy & Offshore
Noble runs into creditor trouble over restructuring deal
Noble runs into creditor trouble over restructuring deal
Some perpetual bondholders in the UK filed a lawsuit against the company.
China axed tariffs and incentives to boost energy capacity
It's looking to add 80 gigawatts in four years to wind capacity alone.
Hyflux in talks with lenders for reorganisation
It warned that it will have more debts that will fall due “time to time”.
Sembcorp buys UK's biggest flexible distributed energy generator for $385m
It powers 32 projects across England and Wales.
Declining mining investments in Asia will push coal prices up
The value of coal mining in China fell 50%, dampening the appetite for investment.
Sembcorp Industries appoints Koh Chiap Khiong as CTO
He will step down from the CFO position.
Sembcorp Industries appoints Graham Cockroft as CFO
He is currently the CFO of New Zealand energy firm Contact Energy.
SGX quizzed Noble on US$80.5m loss over derivatives
It was hit by the negative performance of some coal and carbon steel contracts.
Embattled Hyflux speeds up asset sale amidst liquidity crunch
The company needs more time for asset disposal to buoy it from its earnings slump.
Hyflux mulls court protection amidst creditor talks
It will ban creditors from taking action that could hurt the firm's financial standing.
AusNet Services to build $187.53m Stockyard Hill Wind Farm transmission line
Construction is expected to begin in July.
Noble Group Q1 losses shrank 45% to US$71.55m
Disposal of its assets resulted in the retirement of US$3b revolving credit facilities.
Goldilocks pushes Noble to reveal terms with financial adviser
The fund said the company should reveal the scope of work the adviser will be studying.
Bangladesh-owned power firm injects $17.07m in Sembcorp North-West Power Company
This is funding the ongoing construction of the Sirajganj Unit 4 power plant.
Goldilocks files lawsuit against Noble
It is seeking to postpone the annual general meeting for the restructuring.
Noble chairman refutes Goldilocks' attacks
Paul Brough encouraged shareholders to vote in favour of the restructuring.
Goldilocks attacks Noble chairman's letter to shareholders
It said the company should revisit takeover options by companies like Centricus and Cedar Holdings Group.
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