Archive | March, 2008

COMPANIES: Webcast interviews on www.EnergyAsia.com

(EnergyAsia, April 1, Tuesday) — EnergyAsia has launched a new service: a series of interviews with senior executives of companies involved in the energy business. The interviews are recorded on film and available for viewing on www.EnergyAsia.com, and on YouTube. Nine companies are featured in the latest interviews. For use of these copyright interviews, please […]

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INDONESIA: Even more power blackouts feared in coming years

(EnergyAsia, April 1, Tuesday) — Indonesia could be in for several more years of spiralling power blackouts, with adverse impacts on the economy and social stability. The country’s creaking power infrastructure is increasingly unable to meet rising demand due to years of underinvestment and neglect, analysts said. The power supply situation in Indonesia, the world’s […]

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SINGAPORE: Ezra signs US$77.6 million worth of charters

(EnergyAsia, April 1, Tuesday) — Singapore’s Ezra Holdings Limited, a leading integrated support and marine services provider for the offshore oil and gas industry, said it has signed fresh charter contracts worth a total US$77.6 million for seven vessels. The contracts require Ezra to charter five anchor handling, towing and supply vessels (AHTS), an anchor […]

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CHINA: Oil firms ration diesel supplies

(EnergyAsia, March 30) — China’s oil companies have begun rationing diesel supplies as they struggle to respond to shortages in many parts of the country. Most affected are Guangdong province, Shanghai and parts of Yunnan province where cars, buses and trucks are queuing up at fuel stations. The chaotic scenes and long lines are a […]

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MALAYSIA: Exxonmobil signs agreement for new 25-year PSC with Petronas and Petronas Carigali

(EnergyAsia, April 1, Tuesday) — ExxonMobil Exploration and Production Malaysia Inc (EMEPMI), a subsidiary of the US major, said it has signed a new 25-year Production Sharing Contract (PSC)with Malaysia’s national oil company, Petronas. EMEPMI and Petronas Carigali, a subsidiary of Petronas, will commit to implement significant enhanced oil recovery (EOR) activities and major investments […]

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SINGAPORE: Oxford Princeton’s ‘Options Pricing and Applications’ on April 16

(EnergyAsia, April 1, Tuesday) — ‘Options Pricing and Applications’, a workshop offered by the Oxford Princeton Programme, will be held in Singapore on April 16. As options are a growing part of energy hedging and speculating, understanding how they work allow traders to make better choices. Mastering the basics through this course, delegates will learn […]

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THAILAND: Diesel subsidies may be revived

(EnergyAsia, April 1, Tuesday) — Under populist pressure, Thailand’s government is considering reviving a plan to subsidise diesel prices to help consumers deal with the impact of rising oil prices. A subsidy scheme was cancelled in 2005 after racking up costs of almost US$3 billion over 19 months. The National Energy Board is under pressure […]

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