Search results
Results from the WOW.Com Content Network
In 2021, Singapore's oil supply totaled 1,027,948 terajoules, a 42% increase from 2000, comprising both crude and refined products, net of exports and storage. Oil constituted 69.7% of the total energy supply. [9] All of Singapore's crude oil was imported, with imports growing by 13% since 2000. Oil products imports surged to 208.8% of total ...
Gas flares were common sights in oilfields and at refineries. U.S. natural gas prices were relatively stable at around (2006 US) $30/Mcm in both the 1930s and the 1960s. Prices reached a low of around (2006 US) $17/Mcm in the late 1940s, when more than 20 percent of the natural gas being withdrawn from U.S. reserves was vented or flared.
The Wobbe index is expressed in MJ/Nm³ (where 'Nm³' indicates'm³ in Normal conditions), or sometimes in BTU/scf.In the case of natural gas (molar mass 17 g/mol), the typical heating value is around 39 MJ/Nm³ (1,050 BTU/scf) and the specific gravity is approximately 0.59, giving a typical Wobbe index of 51 MJ/Nm³ (1,367 BTU/scf).
The global energy crunch of 2021 and 2022 saw a significant increase in gas prices due to high demand and tight supply. The risk of disruptions in global gas supply was further exacerbated by the Russian invasion of Ukraine. This global energy crisis highlighted the risks that global gas supply could cause to Singapore's electricity supply. [6]
The Platts assessment process determines the value of physical commodities 15–30 days forward for many oil products loading in Singapore. [1]MOPS is an acronym that stands for the Mean of Platts Singapore, and typically refers to any contract mechanism that derives its value by referencing the average of a set of Singapore-based oil price assessments published by Platts.
For premium support please call: 800-290-4726 more ways to reach us
Oil and gas reserves denote discovered quantities of crude oil and natural gas (oil or gas fields) that can be profitably produced/recovered from an approved development. Oil and gas reserves tied to approved operational plans filed on the day of reserves reporting are also sensitive to fluctuating global market pricing.
Singapore Power Group (doing business as SP Group) is a state-owned electricity and gas distribution company in Singapore. SP Group is the corporatised entity of the former electricity and gas departments of the Public Utilities Board (PUB). SP Group was first incorporated as a commercial entity on 1 October 1995 as Singapore Power and Gas to ...