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Company profile page for Singapore Petroleum Co Ltd including stock price, company news, executives, board members, and contact information.
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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 PETROLEUM COMPANY LIMITED (the "Company") is a Public Company Limited by Shares, incorporated on 19 May 1969 (Monday) in Singapore . The address of the Company's registered office is at the MILLENIA TOWER building. The Company current operating status is live and has been operating for 55 years.
- Singapore’s Energy Profile and Oil and Gas Industry
- Top 10 Oil and Gas Companies in Singapore
- Final Remarks
Singapore has a total oil refining capacity of 1.5 million barrels a day, but only a fraction remains within the country for its own energy needs. The rest represents a key energy export product for Asia and the world. Singapore’s own energy useprimarily consists of fossil fuels, with 86% coming from liquid fuels (oil, petroleum, kerosene, etc.) an...
1. ExxonMobil – Jurong Island Refinery
One of the largest refining facilities in the country is the Singapore Refinery, located on Jurong Island. Initially constructed in 1966, it is now owned and operated by leading oil and gas company ExxonMobil. The refinery has a capacity of 592,000 barrels per day, consisting of various fuels, oils and aromatics. In general, a majority of its product is sold throughout the Asia-Pacific region.
2. Singapore Petroleum Company
Singapore Petroleum Company is investing heavily in the oil and gas exploration, refining, storage and transportation of petroleum products. As a result, it owns a 50% share in a refinery with a capacity of 290,000 barrels per day. Additionally, its storage terminal on Pulau Sebarok has 220,000 m3of total storage capacity with a deep-water jetty for tankers and barges.
3. Shell – Pulau Bukom Refinery
The Pulau Bukom Refinerywas constructed in 1961 as Singapore’s first petroleum refinery. Currently, it is owned by Royal Dutch Shell and is the company’s only major energy and chemical facility in Asia. Shell’s long-term plan for the site is to move away from fossil fuel production and focus on producing low-carbon products and renewable energy.
Singapore is the hub of the petroleum industry in southeast Asia and is a significant thoroughfare for fossil fuel products travelling across the world. Regardless, the island nation still has ambitious energy transition goalsto push domestic energy generation towards renewables and a sustainable energy future. This will undoubtedly affect Singapor...
Share Price Performance of Singapore Exchange SGX Listed Energy Sector Stocks | SGX Market Information @ SG investors.io.
SPC is a reputable supplier of bunker fuel to international shipping companies at the Singapore port and jet fuel at several international airports in Asia-Pacific, including Singapore Changi Airport.
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Aug 27, 2024 · Find key decision-makers, contacts, emails, headcount, share capital, recent funding, IPO status and other insights of SINGAPORE PETROLEUM COMPANY LIMITED.
