BP, Petronas in race to invest in Greenko founders’ new platform

BP, Petronas in race to invest in Greenko founders’ new platform

BP is competing with Petroliam Nasional Bhd or Petronas, the Malaysian state-owned energy company, to invest $1.5-2 billion for a significant minority stake in a new platform wholly owned by the two founders of Greenko, Anil Chalamalasetty and Mahesh Kolli, said people aware of the development. Discussions have advanced with both parties and Greenko is … Read more

Singapore to introduce new emissions rules for fossil-fuel power plants

Singapore to introduce new emissions rules for fossil-fuel power plants

The measure also follows Singapore announcing plans to reduce its emissions target for 2030 to 60 million tonnes of carbon dioxide The measure also follows Singapore announcing plans to reduce its emissions target for 2030 to 60 million tonnes of carbon dioxide Singapore’s energy regulator will be introducing new emissions standards for new and repowered … Read more