Archive | June, 2006

OMAN: Gas Authority India Limited consortium lands E & P sharing agreement

(EnergyAsia, June 30) — A consortium comprising India’s state gas company, GAIL (India) Limited, Oilex Australia, Videocon, HPCL and BPCL has signed the Exploration and Production Sharing Agreement (EPSA) with Oman’s government for onshore Block 56 in Muscat this week. The agreement was witnessed by Mohammed bin Hamed Al-Rumhy, Oman’s Minister of Oil and Gas, […]

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MONGOLIA: Red Hill increases Ulaan Ovoo coal resource by 33% to 154.3 million tonnes

(EnergyAsia, June 30) — Canada’s Red Hill Energy Inc said its measured coal resources in the northern block of its Ulaan Ovoo coal deposit in northern Mongolia has increased by 33% to 17.9 million tones while overall total coal resources has risen by 13% following its recently completed exploration drilling programme.   The company said […]

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CHINA: China North East Petroleum Holdings Limited said output from new Qian 12-14 well exceeds expe

(EnergyAsia, June 30) — China North East Petroleum Holdings Limited, an oil producer in northern China, said its Qian 12-14 well is producing 38 barrels of crude oil per day, double the amount originally expected by its technicians. The company is listed on the OTC Bulletin Board under the symbol CNEH.   The Los Angeles, […]

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AUSTRALIA: Study supports greater role for renewable energy in Western Australia state

(EnergyAsia, June 30) — Renewable energy should play a greater role in producing electricity in Western Australia state, said a recent study commissioned by the state government.   The report, “Maximising the penetration of intermittent generation in the SWIS”, resulted from a government-commissioned independent study into increasing the ability of the South West Interconnected System […]

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AUSTRALIA: Origin Energy, Contact Energy call off merger plans

(EnergyAsia, June 30) — The proposed merger between Australian energy retailer Origin Energy Ltd and its 51.4%-owned New Zealand subsidiary, Contact Energy Ltd, has been called off due to a lack of support from Contact shareholders.   In announcing the deal’s collapse, Origin chief executive Grant King said Contact’s institutional shareholders rejected the proposal that […]

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ASIA: Regional organisations working to develop International Energy Efficiency Financing Protocol (

(EnergyAsia, June 30) — Expert working groups in the Asia Pacific Economic Cooperation (APEC) organisation are working to develop an International Energy Efficiency Financing Protocol (IEEFP) for member states. The IEEFP is being promoted through the Energy Valuation Organisation (EVO) under the guidance of Tom Dreessen, who is vastly experienced in establishing ESCOs.   He […]

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BIOFUELS: Washington-based Earth Policy says world grain stocks fall to 57 days of consumption, pres

(EnergyAsia, June 30) — This year’s world grain harvest is projected to fall short of consumption by 61 million tons, marking the sixth time in the last seven years that production has failed to satisfy demand, said the founder of Washington-based Earth Policy Institute.   As a result of these shortfalls, world carryover stocks at […]

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