SINGAPORE: Keppel FELS delivers jackup rig ahead of schedule to ENSCO

(EnergyAsia, January 25) — Singapore’s Keppel FELS Limited (Keppel FELS) has delivered ENSCO 107, a KFELS B Class design jackup drilling rig, to ENSCO International Inc (ENSCO) one month ahead of contractual schedule and within budget. Guests-of-Honour S. Dhanabalan, chairman of Temasek Holdings Pte Limited and Lim Chee Onn, executive chairman of Keppel Corporation Limited,…

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SINGAPORE: Keppel FELS delivers jackup rig ahead of schedule to ENSCO

(EnergyAsia, January 25) — Singapore’s Keppel FELS Limited (Keppel FELS) has delivered ENSCO 107, a KFELS B Class design jackup drilling rig, to ENSCO International Inc (ENSCO) one month ahead of contractual schedule and within budget. Guests-of-Honour S. Dhanabalan, chairman of Temasek Holdings Pte Limited and Lim Chee Onn, executive chairman of Keppel Corporation Limited,…

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CHINA: Firms sign contracts for Ling’ao phase II nuclear project

(EnergyAsia, January 25) — China National Nuclear Corp (CNNC), Guangdong Electric Power Design Institute (GEDI) and other firms have signed the design contracts for the Ling’ao phase II nuclear project in Guangdong province, China Daily reported.             Two CNNC owned nuclear engineering institutes will design two reactors for the second phase of the project at…

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CHINA: Natural gas squeeze forces energy conservation calls

(EnergyAsia, January 25) — The northwestern Chinese city of Xi’an has told businesses, offices, schools and residents to keep their indoor temperatures between 16 and 20 degrees Celsius to help save natural gas, Xinhua reported.   Xi’an, the capital of Shaanxi province, has been hard hit by a natural gas supply shortfall in past months….

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CHINA: Lanzhou picked to site UN-backed solar centre

(EnergyAsia, January 25) — The city of Lanzhou in China’s Gansu province has been selected as the site for an UN-backed international centre to promote solar energy, Xinhua reported.             The centre will be built with support from the United Nations Industrial Development Organisation (UNIDO). Beijing will contribute US$18.5 million for the project.             There…

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PAKISTAN: W’rtsil’ supplies dual-fuel engines for captive power plants

(EnergyAsia, January 25) — Finland’s W’rtsil’ Corporation said it has been awarded two contracts to supply natural gas-fuelled W’rtsil’ 50DF engines for two captive power plants in Pakistan. The 50DF is the most powerful dual-fuel engine on the market today and provides for high-efficiency power generation from natural gas. The two contracted plants will have…

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MARKETS: Rise of China, India to worsen supply pressure on natural resources, says Worldwatch Instii

(EnergyAsia, January 25) — The rise of China and India presents both a potential crisis and an opportunity, leading the world towards either growing ecological and political instability or a development path based on efficient technologies and better stewardship of resources.   “Rising demand for energy, food, and raw materials by 2.5 billion Chinese and…

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CHINA: Sinopec to build Tianjin petrochemical complex

(EnergyAsia, January25) — China’s largest oil refiner Sinopec will build a 25 billion yuan oil refining-petrochemical complex in the northern port city of Tianjin after receiving Beijing’s approval for the project. (US$1=8.07 yuan). Rival Petrochina is also at an early stage of talks to build a petrochemical complex in Tianjin.   Sinopec will fully own…

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AUSTRALIA: AGL concludes Papua New Guinea gas deals

(EnergyAsia, January 25) — The Australian Gas Light Company (AGL) said it has finalised an agreement with Oil Search Limited for the acquisition of a 10% interest in the Papua New Guinea Gas Project for around US$400 million including interests in gas and oil reserves, production and processing infrastructure. An initial payment of about 90%…

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SINGAPORE: SPC and partners drill Jeruk-3 appraisal well

(EnergyAsia, January 25) — Singapore Petroleum Company Limited (SPC) said it and its partners have begun drilling the Jeruk-3 well in Indonesia to further appraise the Jeruk oil discovery.   SPC said Jeruk-3 is being drilled as a deviated well to penetrate the Kujung carbonate reservoir in a crestal area in the western part of…

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CHINA: GE to supply gas turbines, compressors for West-East gas pipeline project

(EnergyAsia, January 24) — Engineering giant GE said its oil and gas unit has been selected as an equipment supplier for the expansion of China’s West-East gas pipeline project, one of the country’s most critical infrastructure projects. Under a contract worth more than US$196 million, GE will provide gas turbines, compressors and installation services for…

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BANGLADESH: Germany’s KfW to assist in promoting solar energy use

(Energy Asia, January 24) — Infrastructure Development Company Limited (IDCOL), which manages a financial aid programme for the Bangladeshi government’s Economic Relations Division (ERD), and KfW of Germany have agreed to implement a renewable energy programme.   KfW will provide EUR16.5 million to the Bangladesh government as a grant. IDCOL will use the fund to…

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PEOPLE: Austral Pacific appoints two new directors

(EnergyAsia, January 24) — Austral Pacific said it has appointed two new directors to its board from January 1 2006. They are former Shell executive Douglas Ellenor of Vancouver, BC, Canada and former BP executive Peter Hill of London, UK.   The addition of Mr Ellenor and Mr Hill strengthens the board’s experience in the…

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PEOPLE: ADB names special advisor on clean energy and environment

(EnergyAsia, January 24) — The Asian Development Bank (ADB) has appointed Bindu Lohani as special advisor on clean energy and environment. Mr Lohani reports to the ADB president, reflecting the increasing importance of energy and environment on development in the Asia Pacific region.   Mr Lohani will concurrently continue to serve as director general and…

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CLIMATE CHANGE: Lester Brown’s latest book focuses on environmental sustainability as economic decli

(EnergyAsia, January 24) — “Our global civilisation today is on an economic path that is environmentally unsustainable, a path that is leading us toward economic decline and eventual collapse,” said Lester Brown in his latest book, “Plan B 2.0: Rescuing a Planet Under Stress and a Civilization in Trouble.”   “Environmental scientists have been saying…

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CHINA: Solar power firm earmarks US$20 million for technology upgrades

(EnergyAsia, January24) — Suntech, the world’s largest solar power firm, will set aside US$20 million over the next two years to bankroll the research and development of new technologies, the China Daily has reported.   CEO Shi Zhengrong expressed their interest to design new technology solutions to increase the amount of power produced from each…

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THAILAND: Bangchak to phase out premium gasoline by June

(EnergyAsia, January 24) — Thailand’s state-owned Bangchak Petroleum Plc will no longer sell premium or octane 95 gasoline in Bangkok and nearby provinces from June as it achieves early compliance with the government’s campaign to halt the use of such fuel.   The fuel would be replaced by gasohol, or ethanol-blended gasoline, at all its…

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AUSTRALIA: New South Wales to host world’s first large-scale solar power plant

(EnergyAsia, January 24) — EnviroMission Limited, a publicly listed power company in Australia, has announced plans to build the world’s first large-scale solar thermal power facility at Buronga in the Wentworth Shire of New South Wales.   Melbourne-based EnviroMission said it will build five solar tower power stations, each of 200MW capacity to power 200,000…

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COMPANY: Broker Cantor Fitzgerald to enter crude oil and products markets, expand natural gas desk

(EnergyAsia, January 24) — Cantor Fitzgerald Brokerage, L.P., an affiliate of US-based Cantor Fitzgerald LP, and a leading environmental brokerage, has announced that it has hired Spencer Vosko as a manager to run its crude oil, refined products and natural gas brokerage desks.   Mr Vosko reports to Haroon Imtiaz, vice president of Cantor Fitzgerald’s…

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VIETNAM: Foreign direct investment at eight-year high

(Energy Asia, January 24) — Vietnam attracted US$5.8 billion in foreign direct investments (FDI) last year, the highest in eight years, said the ministry of planning and investment (MPI).   Nearly $4 billion came from 771 newly licensed FDI projects while the remainder were additional investment injected into existing projects, according to the Vietnam News…

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BANGLADESH: Solar power for large numbers of rural households this decade

(Energy Asia, January 23) — More than 140,000 households in Bangladesh’s 64 districts will have access to solar-generated electricity by the end of this decade, thanks to financing provided by the state agency Infrastructure Development Company Ltd (IDCOL) and Germany’s KfW and GTZ. The rural solar electrification programme is expected to cost $35 million.  …

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IRAN: Government to build oil refineries to process heavy crude

(Energy Asia, January 23) — The Iranian government plans to build oil refineries to process heavy crude oil from several oil fields including Sorush, Noruz, and the Abadan-based Azadegan and Yadavaran fields, said Asadollah Mikaili, an official from the National Iranian Oil Products Refining and Distribution Company (NIOPRDC).   Each plant would have a production…

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CHINA: Beijing exploring ways to improve SPR financing

(EnergyAsia, January 23) — The Chinese government is looking to improve its planning and financing of the country’s strategic petroleum reserves (SPRs).   According to Shanghai Daily, Vice Premier Zeng Peiyan said the government needs to look at all options to raise funds to build up its oil stockpile, including issuing bonds, introducing an oil…

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CHINA: CNPC, Gazprom plan underground natural gas storage depot

(EnergyAsia, January 23) — China National Petroleum Corporation (CNPC) and Russia’s Gazprom are planning to build an underground gas storage facility at the Renqiu oil field, SinoCast reported.   The two majors have already signed a memorandum of understanding (MoU) to conduct a project feasibility study.   Renqiu is an ideal site for a gas…

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PAKISTAN: China complains about delay in Gwadar port opening

(EnergyAsia, January 23) — China has started complaining about continuing delays in the development of Pakistan’s Gwadar deep sea port project. The port is key to China’s strategic interest as it opens a sea route for its westernmost landlocked province, Xinjiang.   Gawdar’s inauguration will not take place in June as scheduled due to construction…

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