Archive | April, 2010

INDONESIA: Latham & Watkins advised on two power project financings totalling US$1.81 billion

(EnergyAsia, April 29 2010, Thursday) — Law firm Latham & Watkins said it recently advised on two landmark power projects under development in Indonesia– the US$1.215 billion Paiton 3 project in East Java and the US$595 million Cirebon project in West Java. Latham & Watkins  said it represented Japan Bank for International Cooperation (JBIC) and […]

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MARKETS: US housing data spurred late gains in oil prices for week ended April 23

(EnergyAsia, April 26 2010, Monday) — This article was written by Darrell Delamaide for After languishing most of the week, crude oil prices galloped to the finish line on April 23 Friday, tacking on 1.7% and recouping most of the previous week’s losses as positive new-housing sale data spurred most markets forward. The decision […]

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MARKETS: US SEC charge against Goldman has ‘volcanic’ impact on energy, commodity trades

(EnergyAsia, April 19 2010, Monday) — Commentary by Darrell Delamaide for Oil prices plunged on Friday (April 16)  after the US Securities and Exchange Commission (SEC) charged Goldman Sachs with fraud in its marketing of certain subprime mortgage securities, amid a general sell-off in financial and commodity markets. The allegations against one of the […]

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MARKETS: High inventories kept crude oil prices from advancing on week ended April 9

(EnergyAsia, April 12 2010, Monday) — By Darrell Delamaide for Crude oil prices ended last week virtually unchanged from the previous week as optimism about demand warred with trepidation about historically high inventories in both crude oil and gasoline. The benchmark West Texas Intermediate contract settled at $84.92 a barrel on Friday, April 9, […]

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SINGAPORE: Ministerial speech delivered at March 31 groundbreaking ceremony for LNG terminal

(EnergyAsia, April 6 2010, Tuesday) — This is an edited speech delivered by S. Iswaran, Senior Minister of State for Trade and Industry and Education on Jurong Island on March 31. This event marks an important milestone in the evolution of Singapore’s energy policy and landscape. In 2006, we announced that Singapore would build a […]

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