Archive | August, 2007

THAILAND: PTT opens country’s first “solar cell” retail fuel station

(EnergyAsia, August 31, Friday) — Thai state energy company PTT has opened the country’s first and largest solar-cell retail fuel station in Samutprakarn province. Metta Banturngsuk, director-general in the Energy Business Department of the Energy Ministry, Prasert Bunsumpun, PTT’s President, and Suchat Singyou, Assistant Governor of the Metropolitan Electricity Authority (MEA), officiated at the opening […]

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AUSTRALIA: Woodside signs Pluto export deal with Tokyo Gas and Kansai Electric

(EnergyAsia, August 31, Friday) — Australian upstream company Woodside Petroleum said it has signed a multi-billion dollar deal to export Australian liquefied natural gas (LNG) to Japan. Woodside CEO Don Voelte signed the sale and purchase agreements with representatives of Tokyo Gas and Kansai Electric of Japan. The agreement provides for the supply of up […]

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INDONESIA: China Petrotech Holdings signs MOU with Pertamina to provide technical oilfield services

(EnergyAsia, August 31, Friday) – Singapore-listed China Petrotech Holdings Limited said its wholly-owned subsidiary, Petroservice Engineering Inc (PEI), will provide Indonesian state oil company Pertamina technical oilfield services at its producing oil fields. PEI signed a MOU with Pertamina to deploy its technical staff to conduct the first trial programme at the Indonesian firm’s Pendopo […]

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KOREA: POSCO signs fuel cell market development pact with KEPCO

(EnergyAsia, August 31, Friday) — FuelCell Energy Inc, a Nasdaq-listed manufacturer of secure ultra-clean power plants using a variety of fuels for commercial, industrial and utility customers, said its alliance partner POSCO has teamed up with Korean Electric Power Company (KEPCO), to develop and jointly market power plants incorporating fuel cell stack modules manufactured by […]

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MARKETS: Oil prices surge on lower US inventories, US-Iran tensions, reduced effect of subprime cris

(EnergyAsia, August 31, Friday) — World oil prices surged this week on declining US oil inventories, renewed tensions between the US and Iran, and concern that the US subprime crisis may not make a huge dent on oil demand growth. The spark came on Wednesday when US weekly crude and gasoline inventories slumped sharply, sending […]

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SINGAPORE: ASL Marine reports 74.5% rise in FY2007 profit to S$40.2 million

(EnergyAsia, August 31, Friday) — ASL Marine Holdings Ltd, a Singapore-listed integrated marine company offering shipbuilding, ship-repair and ship-chartering services, has said its net profit surged 74.5% to S$40.2 million for the financial year ended June 30 (FY2007). ASL Marine, which also owns shipyards in Singapore, Batam (Indonesia) and Guangdong (China), said its revenue rose […]

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INDONESIA: Investing in coal upgrading and new coal technologies

(EnergyAsia, August 31, Friday) — Key industry players will gather in Jakarta, Indonesia on November 14-15 to exchange information and updates on issues and technologies pertaining to coal upgrading, coalbed methane, coal gasification, coal mine methane, coal conversion and coal-to-liquids processes. As competition for energy supply across the world rages on, Asia’s low quality coal […]

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