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Singapore Overview

Singapore

in figures

Primary Energy Consumption86.5 million toe

Oil Consumption1.43 million bopd

Refinery Throughput1.07 million bpd

Singapore: Trade and Technology

The lack of resources in the ground might initially suggest a country with a fairly stagnant hydrocarbons industry, but Singapore is anything but. A major trading centre and a hub for oilfield technology, the city-state plays a pivotal role in the Southeast Asian energy landscape.

Due to its favourable tax regime, strategic location, transportation infrastructure and stable political climate, Singapore has come to serve as a base for oil and gas companies involved in exploration and production activities in Southeast Asia. The diminutive city-state has become a magnet for international oil companies.

ENEOS buys Chevron downstream assets for $2.2 billion
NEWS
Multinational - May 14, 2026

ENEOS has acquired from Chevron a package of downstream assets in Southeast Asia and Australia for USD 2.2 billion.

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Petrochemical integration drives advanced equipment demand in India - INDIA26 - Haresh SIPPY - Tema India
Interview
India - March 26, 2026

Haresh Sippy of Tema India talks about adjusting the company portfolio to participate in India’s largest, most sophisticated…

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Distribution efficiency on the path to sustainability - Dwijadas-BASAK - Tata Power DDL - India
Interview
India - February 24, 2026

Dwijadas Basak of Tata Power Delhi Distribution talks about preparing for future power consumption patterns with investments in…

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Seatrium divests non-core assets in cost-cutting drive
NEWS
Multinational - February 23, 2026

Seatrium announces non-core asset sales as part of its ongoing drive to streamline operations and cut costs.

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Oman’s gateway to international markets Wail AL JAMALI
Interview
Oman - December 23, 2025

Wail Al Jamali of OQ Trading talks about maximising the value of Omani energy resources in international markets

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EU expands oil sanctions, targeting traders allegedly linked to Russia
NEWS
Multinational - December 19, 2025

The EU has expanded sanctions on companies allegedly linked to Russia’s shadow oil fleet.

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Mercantile & Maritime partners with ADNOC to advance SAF in the UAE
NEWS
UAE - November 25, 2025

Mercantile & Maritime Group has signed an MoU with ADNOC to advance the UAE’s first SAF plant in Fujairah.

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Joao Filipe Cabship
Interview
Angola - February 22, 2021

João Filipe, chairman and CEO of Cabinda Shipping Services (Cabship), talks to The Energy Year about the revolutionary potential of digitalisation in the logistics…

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Eddy-KURNIAWAN-LOGAM
Interview
Indonesia - October 15, 2020

Eddy Kurniawan Logam, president-director of Logindo Samudramakmur, talks to The Energy Year about how Covid-19 has impacted the company’s operations and how Indonesia…

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Abdul Hakeem MOSTAFAWI
Interview
Qatar - September 22, 2020

Abdul Hakeem Mostafawi, CEO of HSBC Qatar, talks to The Energy Year about how the recent crisis has hastened the development of local supply chains and spurred new…

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Jim Truesdell
Interview
Indonesia - September 16, 2020

Jim Truesdell, president-director of Samson Tiara, talks to The Energy Year about how the company is shifting its training courses online and whether Indonesia’s…

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Abdulrahman Abdulla AL MUSTAFAWI AL HASHEMI, Managing Director of AL-TAWFEEQ TRADING & CONTRACTING
Interview
Qatar - June 16, 2020

Abdulrahman Al Mustafawi Al Hashemi, managing director of Al-Tawfeeq Trading & Contracting, talks to The Energy Year about why Qatar’s energy industry is poised to…

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Premier Oil_Gary SELBIE
Interview
Indonesia - June 11, 2020

Gary Selbie, president-director of Premier Oil Indonesia, talks to The Energy Year about how the company kept its offshore operations going after the Covid-19 pandemic…

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Oil down on continued oversupply worries
NEWS
Multinational - April 20, 2020

Oil continued to slide from the previous session on Monday in Asia as producers continue to grapple with a supply glut.

International Brent oil futures dropped 1% to…

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Interview
Indonesia - April 07, 2020

Rudy Radjab, president-director of Kreasindo Resources Indonesia, talks to The Energy Year about the impact of Indonesia’s Refinery Development Master Plan (RDMP) and…

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MC-VASNANI
Interview
Ghana - March 12, 2020

M.C. Vasnani and Linda Vasnani, CEO and COO of Consolidated Shipping Agencies (Conship), talk to The Energy Year about the relationship between the private sector and…

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