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Singapore Petroleum Company Limited, in short SPC, is a Singaporean multinational oil and gas company. It is involved in the exploration and production of petroleum , refining , trading and petroleum product distribution.
Singapore is described as "the undisputed oil hub in Asia". The oil industry is responsible for some five percent of the country's gross domestic product (GDP). [1] It generated an estimated S$ 57 billion dollars in 2009. Technology used for oil refinement and trading centres in Singapore is on the cutting edge, and many well-established ...
Hin Leong. Hin Leong Trading is a commodity trading corporation registered and headquartered in Singapore that was founded in 1963 by Lim Oon Kuin. One of Singapore's largest independent oil traders, Hin Leong filed for bankruptcy protection in April 2020. [ 1 ]
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. [8] All of Singapore's crude oil was imported, with imports growing by 13% since 2000. Oil products imports surged to 208.8% of total ...
A commercial oil tanker receives oil at a terminal off Iraq. Total revenue of oil and gas companies is listed in billions of U.S. dollars. Total revenue is usually self-reported by the company, and often reported by neutral, unbiased, reliable publications.
Puma Energy is a Swiss multinational mid- and downstream oil company, majority-owned by Singapore-incorporated Swiss company Trafigura. [ 1 ] Its operations span around 40 countries across five continents and encompass the supply, storage, refining, distribution, and retail of a range of petroleum products. [ 5 ][ 6 ][ 7 ]
Location of Singapore Singapore is a sovereign island country in maritime Southeast Asia. A global city, it has a highly developed market economy, based historically on extended entrepôt trade and more recently as a financial hub as well. Its economy is known as the most freest, most innovative, most competitive, most dynamic and most business-friendly in the world by various multinational ...
Caltex began in Singapore when Texas Company (China) Ltd was established in the then-British colony in 1933. It was renamed Caltex in the 1950s. [ 45 ] In 1979, Caltex acquired a one-third interest in Singapore Refining Co. Pte. Ltd. (SRC) (the balance held by BP and Singapore Petroleum Company ), which operates a 285,000 barrels per day ...