New physical oil trading subsidiary, PetroSeraya Pte Ltd was established on 2 April 2007 to strengthen fuel security while providing options to increase revenue stream to include bunkering, water supply or cargo trading.

On 22 August 2007, the PowerSeraya Group announced plans to invest in a new 800MW natural gas-fired Co-Generation Combined Cycle Power Plant to be completed by 2009/2010. The project undertaken by the Siemens-Samsung Consortium will deliver ultra high pressure steam to drive critical chemical processes for customers’ operations on Jurong Island.