Starting with a condensed history of the beginnings of Singapore’s oil industry since 1870, this book describes how Singapore emerged by the early 1980s as the “East of Suez” hub for oil refining, petrochemicals manufacturing and trading, and an important supplier of offshore vessels, equipment and services for the oil and gas industries in Southeast Asia and beyond. By then, it had also consolidated its position as the oil price discovery centre for the Asia-Pacific time zone, attaining an importance to global oil markets comparable to New York and London. Critical policy issues facing government planners in energy security, energy efficiency and environmental sustainability are also discussed to inform the reader of the key issues related to the story of oil in Singapore.