News & Events
Artificial intelligence offers ‘great deal of promise’ for upstream
Rigzone/6 November 2017 Artificial Intelligence (AI) offers “a great deal of promise” for upstream operations, according to the International Energy Agency’s (IEA) Digitalization & Energy report released Monday. “AI could…
Read MoreSaudi Aramco Contractor Arkad forms oil, gas venture with ABB
Rigzone/6 November 2017 (Bloomberg) — Saudi energy services company Arkad, which is building a nationwide pipeline network for oil giant Saudi Aramco, will expand outside the kingdom in a venture…
Read MoreNew Aberdeen Oilfield Services Group to create over 100 jobs
Rigzone/6 November 2017 FOS Group, a new oilfield services company launched Monday in Aberdeen, is looking to create over 100 new jobs. Combining the engineering knowledge of Apollo and the…
Read MoreChina is finally going after click farms and fake online sales
The Straits Times/6 November 2017 BEIJING (BLOOMBERG) – China enacted sweeping changes to a business competition law to address fraud in the e-commerce industry, which is plagued by malfeasance ranging…
Read MoreChina’s shadow banking halts as regulation bites, says Moody’s
The Straits Times/6 November 2017 SHANGHAI (BLOOMBERG) – China’s shadow banking sector, estimated by some analysts to be worth 122.8 trillion yuan (S$25.25 trillion), stopped growing in the first half…
Read MoreBroker’s take: OCBC, RHB to review call on DBS on worse-than-expected results
The Straits Times/6 November 2017 SINGAPORE – Two brokerages, OCBC Investment Research and RHB Research, are reviewing their rating and target price for DBS after the bank on Monday morning…
Read MoreQatar Airways agrees to buy HK$5.16b stake in Cathay Pacific; shares in HK carrier fall
The Straits Times/6 November 2017 SINGAPORE (BLOOMBERG, REUTERS) – Qatar Airways agreed to acquire a stake in Cathay Pacific Airways, a deal that would help it gain a foothold in…
Read MoreOil hits highest levels since 2015 amid tightening markets, Saudi purge
The Straits Times/6 November 2017 SINGAPORE (REUTERS) – Oil prices hit their highest levels since July 2015 early on Monday (Nov 6) as markets tightened, while Saudi Arabia’s crown prince…
Read MoreDuo get heftier fines for unauthorised share trading after MAS appeal
The Straits Times/2 November 2017 SINGAPORE – The High Court of Singapore has slapped heftier fines on two individuals for unauthorised share trading after an appeal by the Monetary Authority…
Read MoreManufacturing expands for 14th straight month on broad growth across segments
The Straits Times/2 November 2017 SINGAPORE – Factory activity continued to expand at a robust pace in October, rising for the 14th straight month to hit an eight-year high. The…
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