Archive | February, 2007

SINGAPORE: China Aviation reports net profit of S$369 million in 2006

(EnergyAsia, February 28) — Restructured China Aviation Oil (Singapore) Corporation Ltd (CAO) reported net after-tax profit of S$369 million for 2006. It said that excluding about S$312 million of debt waived under the company’s restructuring exercise after its collapse in 2005, the group’s after-tax profit registered a strong growth of about 95% to S$57.3 million […]

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SINGAPORE: Keppel secures S$35 million repeat order for WTE plant in the Netherlands

(EnergyAsia, February 28) — Keppel Seghers, the environmental technology division of Singapore’s Keppel Integrated Engineering (KIE), has secured a S$35 million contract offering technologies and services to expand an existing waste-to-energy (WTE) plant in Moerdijk, southwest of the Netherlands. (US$1=S$1.53). The plant is the third largest plant in the Netherlands with a capacity to treat […]

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SINGAPORE: Noble Group reports ‘strong’ 2006 results

(EnergyAsia, February 28) — Noble Group Limited, a Singapore-listed global supplier of agricultural, industrial and energy products, has announced increased 2006 revenues of US$13.8 billion and gross profits of US$492 million.   Noble said the ‘strong’ results reflect its successful efforts in building an integrated supply chain supported by investments in infrastructure and resource assets. […]

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CHINA: Trina Solar fourth quarter net revenue up 144% to $38.8 million year-on-year

(EnergyAsia, February 28) — Trina Solar Limited TSL, an integrated manufacturer of solar PV products based in Changzhou, China, said its fourth quarter net revenues jumped 144.3% to US$38.8 million from year-ago level.   For the full year, net revenues were $114.5 million, up 319.8% from $27.3 million in 2005. Gross profit for the year […]

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MALAYSIA: Tenaga to build more hydropower plants

(EnergyAsia, February 28) — Malaysia’s power utility Tenaga Nasional Berhad said it is planning to build new hydropower plants in the east coast states of Terengganu and Pahang by 2014.   CEO Che Khalib Mohamad Noh said the company has begun a feasibility study on the plants which will help the country reduce its dependence […]

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NEW ZEALAND: BOC Ltd cleared to acquire Shell’s LPG portfolio

(EnergyAsia, February 28) — New Zealand’s Commerce Commission has cleared BOC Limited to acquire Shell’s LPG business which includes Shell New Zealand Holding Company Limited’s shareholding in Liquigas Limited.   Commission chair Paula Rebstock said the commission was satisfied that the proposed acquisition would not have, or would not be likely to have, the effect […]

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