Archive | August, 2010

SINGAPORE: Commodities exchange SMX to start trading on August 31

(EnergyAsia, August 30 2010, Monday) —Singapore Mercantile Exchange (SMX), the first pan-Asian multi-product commodity and currency derivatives exchange, said it will begin trading on August 31. The first phase of product launches will include a gold futures contract with physical delivery in high-security vaults in Singapore, West Texas Intermediate (WTI) crude oil, Brent-Euro crude oil […]

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PEOPLE: Hoekstra, President of Asia division, to succeed Broeders as new Royal Vopak chairman

(EnergyAsia, August 30 2010, Monday) — Dutch oil logistics giant Royal Vopak N.V. said Eelco Hoekstra, president of its Asia division, will be succeeding John Paul Broeders as chairman of its executive board on March 1 2011. Mr Broeders has been appointed chairman of the board of SHV Holdings. Having worked with the company since […]

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SINGAPORE: POWER-GEN Asia to gather industry professionals at the Marina Bay Sands in November

(EnergyAsia, August 25 2010, Wednesday) — POWER-GEN Asia, the conference and exhibition for the power generation and transmission and distribution industries, will be held at the recently opened Marina Bay Sands resort in Singapore from November 2 to 4. Organised by Pennwell Corporation, the event, will be a headline event for the Singapore International Energy […]

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SINGAPORE: PEC received record seven safety and health awards from Workplace Safety and Health Counc

(EnergyAsia, August 13 2010, Friday) — PEC Limited, a Singapore-based specialist engineering group servicing the oil, gas, petrochemical and pharmaceutical industries, has received a record seven awards from the Workplace Safety and Health (WSH) Council. Classified under the Safety and Health Award Recognition for Projects (SHARP) category of the WSH Awards 2010, the awards recognise […]

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CONFERENCE: Bulk liquid chemicals event in China on September 9 to 10

(EnergyAsia, August 13 2010, Friday) — The 3rd Asia Bulk Liquid Chemicals Shipping & Storage Conference 2010 to be held in Shanghai, China on September 9-10, will focus on industry trends and new opportunities in the liquid chemical marketplace. Organised by CBI Events, the event will gather leading industrial players, tanker ship owners and logistics […]

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CONFERENCE: APCIO coal event to discuss China’s shift to net importer status, Asia’s coal industry

(EnergyAsia, August 12 2010, Thursday) — The 4th Asia Pacific Coal Trading & Investment Outlook 2010 (APCIO 2010) in Shenzhen on September 28 and 29 will focus on the impact of China’s shift to net importer status and the changing pattern of imports of Asia’s main coal consuming countries. Under the theme of “New Pattern, […]

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CHINA: World’s second largest economy has replaced US as biggest energy consumer

(EnergyAsia, August 6 2010, Friday) — By Darrell Delamaide for OilPrice.com.  China has overtaken the US as the world’s biggest consumer of energy in the most tangible evidence yet of the coming dominance of the Chinese economy. According to data from the International Energy Agency (IEA) in Paris, China consumed 2,252 million tons of oil […]

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INDONESIA: Graig opens Batam Island anchorage site, bunkering services included

(EnergyAsia, August 6 2010, Friday) — Graig Ship Management (GSM), a subsidiary of UK-based shipowning and shipping services conglomerate Graig Group, said it has opened a deep water anchorage site at Batam in Galang Bay off Indonesia’s Galang Island to provide safe and secure anchorage for all vessel types. Close to trade routes and airports, […]

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AUSTRALIA: Santos executes A$2 billion bilateral bank facility

(EnergyAsia, August 2 2010, Monday) — Australian oil and gas producer Santos said it has executed a A$2 billion loan facility from nine banks to refinance its existing S$700 million of undrawn bilateral bank facilities maturing between 2011 and 2013. (US$1=A$1.2). Santos executive vice president and chief financial officer Peter Wasow said the facility will […]

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