Oil and gas best practice

SINGAPORE: The global energy transition is gaining pace. This transition will open new opportunities in emerging growth industries in Singapore and trigger transformation for many sectors. Value pools will shift, creating economic opportunities for the nation. As an example, the transition from internal combustion engines to electric vehicles (EV) and battery manufacturing is an obvious opportunity. Positive steps can already be seen in Hyundai’s recently announced US$400million investment to build an EV manufacturing facility in Singapore, capable of manufacturing 30,000 electric vehicles a year when completed at the end of 2022. Singapore’s Keppel Corporation, the world’s largest rig-builder, also recently announced that it will be pivoting from its rig business to clean energy. READ: Commentary: Keppel’s exit of rig business may have bigger implications for Singapore's offshore and marine sector CAN OIL AND GAS TRANSFORM? However, the oil and gas industry ... » Learn More about Commentary: Singapore’s oil and gas sector should embrace transition to a green future with confidence

BANDAR SERI BEGAWAN (Borneo Bulletin/ANN): The Ministry of Transport and Infocommunications (MTIC) in collaboration with the Ministry of Energy and Brunei Climate Change Secretariat (BCCS) officially launched the Electric Vehicle (EV) Pilot Project on Thursday (March 25) at Bridex Hall 2, Jerudong. Themed ‘Driving Towards a Greener Nation’, the project will run for two years and aimed at achieving the objectives of ‘Strategy 3: Electric Vehicle’ under the Brunei Darussalam National Climate Change Policy (BNCCP). The project will provide exposure to the use of EV, its advantages and charging stations. It also serves to study and identify the public’s perception and response towards EV as a shift towards vehicles powered by alternative energy assess the marketability and the preparedness of potential users in the country. It also aims to evaluate the needs and infrastructure related to EVs and other alternatives to be implemented by 2035. Co-chairpersons of Brunei Darussalam ... » Learn More about Brunei launches electric vehicle pilot project

YOU may wonder why I named those four people in the headline of this column. They are prominent figures and among Indonesia's best talents. But they were once – and perhaps still are – victims of persecution and bullying perpetrated by the country’s political and economic oligarchs. These four people have had to fight those who want to monopolise the truth and do not tolerate any attempt to question their interpretation of what is right or wrong. You should be familiar with finance minister Sri Mulyani Indrawati, who was formerly the managing director and COO of the World Bank. Karen Agustiawan is the former president director of Indonesian state-owned oil and gas company Pertamina and has spent more than 30 years in the industry as a professional. Din Syamsuddin is a former chairman of the country’s second-largest Islamic organisation Muhammadiyah and the Indonesian Ulema Council (MUI). Basuki “Ahok” Tjahaja Purnama, a former Jakarta governor, now serves as Pertamina ... » Learn More about Sri Mulyani, Karen, Din and Ahok