INDIA: Positive comments on nuclear energy cooperation with China

(EnergyAsia, November 28) — Chinese President Hu Jintao’s visit to India appears to have advanced the cause for energy cooperation between the two countries, in particular for nuclear development.   While doubts remain over border issues and competition for resources, the visit has garnered overall positive reviews for strengthening ties as the two sides have…

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INDONESIA: France’s Total makes gas discovery near Tunu field

(EnergyAsia, November 28) — France’s Total has made a new natural gas field discovery between the Tunu and Peciko fields in the offshore Mahakam block in Indonesia.   Drilling in shallow water eight kilometres southwest of the southernmost platform in the Tunu field, Total said it encountered a number of gas reservoirs in the Tunu…

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CANADA: Petroleum giant Alberta to expand bioenergy, biofuels sector

(EnergyAsia November 28) — With the world’s second largest oil reserves after Saudi Arabia, Alberta state in western Canada is not short on ambitions these days as it lays the foundation for a diversified, sustainable economy. Apart from oil, the state has rich reserves of natural gas, coalbed methane, minerals and lots of rich farmland…

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INDONESIA: Gas company PGN names Sutikno as president

(EnergyAsia, November 28) — PT Perusahaan Gas Negara, Indonesia’s biggest publicly listed company and natural gas monopoly, has appointed Sutikno as its the new president, replacing WMP Simandjuntak. Mr Sutikno was formerly general director of the company.   Mr Simandjuntak, who was appointed president director in 2001 for a five-year term, has been credited with…

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CHINA: Singapore’s Advanced Holdings awarded its first clean fuel contract

(EnergyAsia, November 28) — Singapore’s Advanced Holdings Ltd, a designer and provider of process equipment for industrial companies, has landed a US$3.5 million contract to provide clean fuel technologies to a Chinese oil company, which it declined to name. Advanced said the contract is not expected to have financial impact on its results this year,…

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INDIA: Cairn Energy raised Rs37 billion ahead of IPO

(EnergyAsia, November 27) — Malaysia’s Petronas has bought a 10% stake in UK oil explorer Cairn Energy’s private placement of shares in its Indian subsidiary due to be floated on the Bombay Stock Exchange Limited and National Stock Exchange of India Limited. To date, the UK firm said it has raised 37 billion rupees for…

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UAE: Emarat, partners launched fuel storage facilities

(EnergyAsia, November 27) — Dubai-based Emarat and its partners have started up two new fuel storage facilities in Dubai worth a total of Dh275.5 million ($75 million).   Emoil Petroleum Storage operates nine tanks of total capacity of 228,000 cubic metres for blending and storing gasoline and blending products on a 46,000-sq m plot on…

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CHINA: Economic, energy ties with Russia set to expand

(EnergyAsia, November 27) — China and Russia have laid the groundwork for an expansion in trade and investment ties in the coming years with the recent signing of 14 agreements by their two Prime Ministers, capping 2006 as a successful “Year of Russia” for China. Two-way trade could top US$80 billion by 2010, up from…

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INDIA: Cochin Port oil terminal could be converted to handle LPG imports

(EnergyAsia, November 27) — Indian Oil Corp (IOC) and the Cochin Port Trust are discussing the possibility of converting its oil terminal on the country’s west coast to handle liquefied petroleum gas (LPG) imports.   IOC is presently importing LPG through Mangalore port for distribution in India’s southern states. India consumes about 38,000 tonnes of…

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CHINA: Investigations continue into deadly oil storage tank explosion in Xinjiang

(EnergyAsia, November 27) — Investigations are continuing into the cause of a late October explosion at an oil storage facility in China’s western Xinjiang province that killed 12 workers and injured 11. No one has been arrested so far.             The workers were cleaning the tank with an antiseptic liquid at the time of the…

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SINGAPORE: Keppel delivers ‘major’ project to Qatar ahead of schedule

(EnergyAsia, November 27) — Keppel FELS Limited (Keppel FELS), a wholly-owned subsidiary of Singapore’s Keppel Offshore & Marine Limited, said it will deliver its first jackup drilling rig ahead of time to Qatar’s national drilling company, Gulf Drilling International Ltd (GDI).   Built to Keppel’s proprietary KFELS B Class design, the first rig will be…

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SINGAPORE: TPGS Green Energy Pte Ltd develops and constructs country’s first trigeneration facility

(EnergyAsia, November 27) Ж Pfizer Asia Pacific Pte Ltd and Singapore’s TPGS Green Energy Pte Ltd recently held a groundbreaking ceremony for a trigeneration facility to support the utility needs of Pfizer’s existing plant in Tuas Biomedical Park in Singapore.   The global pharmaceutical company is the first in Singapore to use the energy-efficient and…

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INDONESIA: ADB loan and funds worth $428 million for infrastructure development

(EnergyAsia, November 27) — The Asian Development Bank (ADB) said it will provide more than $428 million in loans and grants to help Indonesia develop its infrastructure and drive economic growth. The ADB said the funds will help improve the country’s investment climate and tap the power of the private sector in meeting Indonesia’s huge…

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IRAN: Refinery projects abroad aimed at strengthening energy security, political alliances

(EnergyAsia, November 27) — Iran may have found a new formula to make friends while strengthening its own energy security to counter a US-led international campaign to isolate it politically and economically.   While well established as a supplier of crude oil and natural gas to the international markets, Iran has developed a new reputation…

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KOREA: Strategic crude oil reserves to rise more than 50% by 2008

(Energyasia, November 27) — The South Korean government said it plans to raise the country’s strategic crude oil reserves by 52% to 141 million barrels by 2008.   The Ministry of Commerce, Industry and Energy said its current stockpile of 93 million barrels is insufficient to deal with any supply disruption that could occur in…

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KOREA: PowerLight Corp completes first phase of one-MW solar project for S&P Co Ltd in Gwangju

(EnergyAsia, November 24) — PowerLight Corp, a leading global provider of solar power systems, said it has completed the first phase (800 kW) of a one-MW solar power project in the Korean city of Gwangju, located 320 km south of Seoul. The solar power system, owned and operated by Korea’s Solar & Park Co., Ltd….

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INDONESIA: Santos issues statement on East Java gas pipeline incident

(EnergyAsia, November 24) — Australian upstream company Santos said there was a “serious” incident involving the East Java gas pipeline, operated by Pertamina, in the vicinity of the Banjar Panji 1 well site in Indonesia early this week.   Initial reports indicate that there has been a pipeline failure resulting in a number of casualties…

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CHINA: Massive investments in renewable energy envisaged

(EnergyAsia, November 24) — China will make “massive investments” of up to 1.5 trillion yuan in coming years to boost renewable energy generation, said the National Development and Reform Commission’s Energy Bureau. (US$1=7.8 yuan).   It predicted that hydro-power capacity will rise to 300 million KW in 2020, compared to the current 117 million KW….

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VIETNAM: PetroVietnam, Russia’s Gazprom sign cooperation agreement

(EnergyAsia, November 24) — PetroVietnam, the country’s main state oil and gas company, and Russia’s leading natural gas company, Gazprom, have signed a comprehensive oil and gas agreement in Hanoi city this week.   Coinciding with the official visit to Vietnam by Russian President Vladimir Putin, the agreement was signed by Alexey Miller, Gazprom’s chairman,…

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AUSTRALIA: Scientific agency CSIRO to launch database on sustainable products

(EnergyAsia, November 24) — Australia’s leading scientific agency, CSIRO, is leading a national effort to build a database containing information about the environmental impact of a range of industry materials. The project was unveiled at this week’s Fifth Australian Life Cycle Assessment conference in Melbourne.   The Australian Life Cycle Inventory (AusLCI) database initiative will…

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CHINA: Study urges overhaul in wind power pricing system

(EnergyAsia, November 24) — China should overhaul and fine-tune its pricing system for wind power, a new study urges.   The tendering system used for wind power pricing is unclear and has had a negative impact on investment in the sector, said the study, which was jointly conducted by the Chinese Renewable Energy Industries Association…

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CHINA: CNOOC clinches three LNG spot deals

(EnergyAsia, November 24) — China National Offshore Oil Corp (CNOOC) has signed three separate deals to buy liquefied natural gas (LNG) spot cargoes on the international market. The suppliers are Suez, Total and Shell. Officials did not reveal prices or volumes.   Traders said that falling global crude prices might help China secure more LNG…

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CHINA: Australia eyes renewable energy opportunities

(EnergyAsia, November 24) — Australian renewable energy companies are increasingly targeting the vast Chinese market for growth, said Australia’s Environment Minister Ian Campbell.   Leading a delegation of 30 Australian renewable and bioenergy companies on a tour of China this month, Mr Campbell said the country offer “huge opportunities” for the renewable energy sector.  …

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INDIA: National renewable energy strategy needed

(EnergyAsia, November 24) — India needs to put in place a comprehensive strategy for renewable energy to ensure the sector continues to grow, said President Abdul Kalam.   The strategy must include clear energy mandates, rules and timelines, he said.   Mr Kalam urged India’s states to mandate their electricity boards purchase a minimum load…

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CLIMATE CHANGE: Inaction on global warning will cost dearly, says UK economist

(EnergyAsia, November 24) — The world must take immediate action to curb greenhouse gas emissions to avoid a global warming catastrophe that could uproot millions of people, destroy farmlands, cause droughts, floods and storms, and cost countries up to 20% of economic output, UK government economist Nicholas Stern warned in a new study.   Dr…

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