Archive | January, 2008

CHINA: Oxford Princeton Programme CEO to join US women leadership delegation on business visit

(EnergyAsia, February 1, Friday) — Energy and global warming will be among the key issues discussed when a delegation of US political and business women leaders meet their counterparts in several Chinese cities on March 13 to 22. Clara Lippert Glenn, President and CEO of The Oxford Princeton Programme, the world’s leading provider of education […]

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PEOPLE: Wartsila’s Vitzthum is chairman of World Alliance for Decentralized Energy (WADE)

(EnergyAsia, February 1, Friday) — Christoph Vitzthum, a senior executive at Finland’s Wartsila, has been appointed chairman of the board of directors of the World Alliance for Decentralized Energy (WADE) from January 1, 2008. WADE is an international non-profit research and promotion organization representing global companies as well as industry and environmental groups. WADE’s direct […]

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INDONESIA: Talisman Energy acquired 3.06% Tangguh LNG stake from CNOOC

(EnergyAsia, January 30, Wednesday) — Canada’s Talisman Energy Inc said a subsidiary has acquired all the shares of CNOOC Wiriagar Overseas Limited from a subsidiary of China’s CNOOC Ltd for US$212.5 million. Talisman effectively acquired CNOOC Wiriagar Overseas Limited’s 3.06% stake in the Tangguh LNG Project on January 1 2008. The project in Indonesia’s West […]

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SINGAPORE: AsiaClear cleared more than US$4.7 billion of trades in 2007, services over 160 accounts

(EnergyAsia, January 30, Wednesday) — Singapore Exchange Limited (SGX) said its SGX AsiaClear unit has cleared more than US$4.7 billion worth of oil and commodity trades last year while securing over 160 trading accounts. This represents a more than 12-fold increase in value of trades cleared and more than doubling of counterparty network over 2006. […]

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CHINA: BP increase investments in clean energy and chemical production

(EnergyAsia, January 29, Tuesday) — BP has signed a series of agreements to increase its investments in China covering clean energy research, a wind power project and chemical production. BP signed an agreement to undertake a feasibility study to jointly build a Clean Energy Commercialisation Centre (CECC) with China Academy of Sciences (CAS). This follows […]

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DUBAI: DME receives approval for block trading of Oman crude oil futures contract

(EnergyAsia, January 29, Tuesday) — The Dubai Mercantile Exchange Limited said it has been given permission by the Dubai Financial Services Authority to accept privately negotiated ‘block trades’ of Oman crude oil futures contracts from January 14. ‘Block’ trades of a minimum size of 100 contracts can be submitted to the exchange via the NYMEX […]

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SOUTH KOREA: Jusung Engineering, France’s CEA to jointly develop solar cells

  (EnergyAsia, January 28, Monday) — Jusung Engineering, a South Korean semiconductor, display and solar cell device manufacturer, has signed an agreement with research institute French Atomic Energy Authority (CEA) to jointly develop silicon-based heterojunction solar cells until at least the end of 2009. The partners will combine their expertise to develop specific thin film […]

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PHILIPPINES: Japan, ADB to provide financial support to electric cooperatives

  (EnergyAsia, January 28, Monday) — Residents in remote areas of the Philippines with limited access to electricity may see light at the end of the tunnel with new financial support from Japan and the Asian Development Bank (ADB) that targets electric cooperatives. Electric cooperatives, small distribution utilities in which all users own shares, are […]

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