Archive | April, 2007

MALAYSIA: Doubts grow over rm50billion project to build oil pipeline, refineries and storage tanks

(EnergyAsia, April 30, Monday) — Questions have begun emerging over the feasibility of a proposal by politically connected private businessmen to undertake an ambitious RM50 billion project that includes the construction of a large pipeline, two oil refineries and storage terminals in Malaysia. (US$1=RM3.42).   The project, which does not have the backing of state […]

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SINGAPORE: Higher refining margins boost SPC’s profit by 65.1% to S$112.1 million

(EnergyAsia, April 30, Monday) — Singapore Petroleum Company, half owner of a 285,000 b/d refinery, said first quarter net profits surged 65.1% to S$112.1 million on higher refining margins and oil product prices. (US$1=S$1.5). But its revenue slipped 12.6% to S$1.92 billion for the three months to March 31 on lower sales volumes of about […]

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CHINA: Solarfun signs long-term agreement to supply photovoltaic modules to Ecostream

(EnergyAsia, April 30, Monday) — Nasdaq-listed Solarfun Power Holdings Co Ltd, a leading manufacturer of photovoltaic (PV) cells and modules in China, will supply 182MW of photovoltaic modules to Ecostream, a leading Dutch renewable energy system integrator, under a term contract from 2007 to 2010. Ecostream has also committed to purchase 12MW of photovoltaic modules […]

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AUSTRALIA: Science agency says technology a key to the nation’s gas future

(EnergyAsia, April 30, Monday) — Australian science agency CSIRO has presented a ‘technology roadmap’ defining future research priorities as key to helping the country develop its growing natural gas industry.   Developed in close consultation with industry, CSIRO said the roadmap addresses the needs of both conventional and unconventional gas industries and covers the value […]

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MALAYSIA: Doubts emerge over proposed RM50 billion project to build oil pipeline, refineries and sto

(EnergyAsia, April 30, Monday) — Questions have begun emerging over the feasibility of a proposal by politically connected private businessmen to undertake an ambitious RM50 billion project that includes the construction of a large pipeline, two oil refineries and storage tanks in Malaysia.   The project, which does not have the backing of state energy […]

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