Archive | March, 2010

JAPAN: Panasonic unveiled high-capacity lithium-ion batteries for EVs, laptops

(EnergyAsia, March 31 2010, Wednesday) — Japan’s Panasonic Corporation recently completed the development of two new 18650-type (18 mm in diameter, 65 mm in height) high-capacity lithium-ion battery cells for use in laptop computers and environmentally-friendly energy technologies. The said it company boosted the capacity of 18650-type battery cells by improving electrode materials. The newly-developed […]

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MARKETS: Global deepwater expenditure to reach $167 billion between 2010 and 201

(EnergyAsia, March 31 2010, Tuesday) — Worldwide expenditure within the deepwater sector will total $167 billion between 2010 and 2014 for a 37% increase on the five preceding years, said upstream consultant Douglas-Westwood in a new research report. According to the ‘World Deepwater Market Report 2010-2014’, sector activity will largely remain within the, ‘golden triangle’ […]

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SINGAPORE: Trayport completes J-Oil Exchange’s new rack fix, float and swap contracts capability

(EnergyAsia, March 31 2010, Wednesday) — UK-based electronic trading systems specialists Trayport Exchange Systems said it has added new oil contracts for rack fix, float and swap to the J-Oil Exchange (JOX). Trayport has worked with JOX since 2007, supplying the bourse with its flagship product, the GlobalVision Exchange Trading System. The added contracts have […]

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CHINA: CSR-ZELRI orders $10 million worth of core wind turbine components from AMSC

(EnergyAsia, March 31 2010, Wednesday) — American Superconductor Corporation (AMSC), a NASDAQ-listed global power technologies company, said it has secured a $10 million order for wind turbine core electrical components from China’s CSR Zhuzhou Electric Locomotive Research Institute Co Ltd (CSR-ZELRI). This latest core component order is the fifth that CSR-ZELRI has booked with Massachusetts, […]

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MARKETS: Oil companies consider permanently shuttering refineries in the US, Europe

(EnergyAsia, March 30 2010, Tuesday) — Oil companies are considering permanently closing down their refineries in the US and Europe in a desperate move to reduce excess capacity and improve profit margins. Chevron Corp is selling its Wales refinery and is considering what to do with one in Hawaii. It is also overhauling its fuel-making […]

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RUSSIA: Gazprom forced to look east to sell natural gas, says consultant (EnergyAsia, March 30 2010

(EnergyAsia, March 30 2010, Tuesday) – Russia will look increasingly to sell its natural gas to Asia as it faces “an extremely challenging” environment in the short-to-medium term, with both prices and market share coming under pressure, said UK consultant Wood Mackenzie. In a study of the future outlook for Russian gas, Wood Mackenzie said […]

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