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The oil spilled into Singaporean waters after a Netherlands-flagged dredger struck a stationary Singapore-flagged bunker vessel on Friday afternoon in the southern port of Pasir Panjang.
Because proven reserves include oil recoverable under current economic conditions, nations may see large increases in proven reserves when known, but previously uneconomic deposits become economic to develop. In this way, Canada's proven reserves increased suddenly in 2003 when the oil sands of Alberta were seen to
The oil spill has spread from the busy Pasir Panjang Terminal cargo port, less than 10 kilometers (6 miles) from Sentosa, the country’s popular resort island home to luxury hotels, golf courses ...
Jurong Island is where most of the country's oil industry's activities take place. [1] Around 95 petroleum organisations are found there. [2] According to The World Fact Book, Singapore produces about 20,170 barrels of crude oil per day, ranking it 78th in the list of the world's oil producing countries. [3]
As of 2023, the total size of the reserves has been conservatively estimated to be at least S$2.5 trillion (2024) (US$ 1.87 trillion), based on publicly available data from GIC, [a] Temasek, [b] MAS, [c] and CPF, [d] among others. It is generally assumed that Singapore's reserves are bigger, far-reaching and significant than publicly acknowledged.
An oil spill caused by a dredger boat hitting a stationary cargo tanker has blackened part of Singapore’s southern coastline, including the popular resort island of Sentosa, and sparked concerns ...
Vasantham (Tamil: வசந்தம், lit. 'Spring') is a Tamil-language free-to-air terrestrial television channel in Singapore, owned by state media conglomerate Mediacorp. The channel broadcasts entertainment and news programming targeting the Singaporean Indian community.
Singapore authorities said Monday a dredger boat reported a sudden loss in engine and steering control that led it to hit a stationary cargo tanker, causing an oil spill that has blackened part of ...