Archive | June, 2011

SINGAPORE: “Energy Map of Singapore/Johor 2011” and “Energy Industry in Singapore 2011 with directory”

(EnergyAsia, June 29 2011, Wednesday) — The 2011 edition of this map, measuring 120 cm by 90 cm, shows the latest oil, gas, petrochemical, chemical and power and marine installations and plants in Singapore and Johor. First produced in 1999, this unique map contains latest statistical information including oil and power consumption, refining capacities, power […]

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CHINA: May oil demand robust at 9.31 million b/d, but growth slowing down and inventories rising, says Platts

(EnergyAsia, June 29 2011, Wednesday) — China’s apparent oil demand in May reached 39.4 million metric tons (mt) or an average of 9.31 million barrels per day (b/d), which was 8% higher year on year, as state-owned enterprises continued to increase output to meet local market supply needs, said energy media Platts. But Platts said […]

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COMPANIES: BG Group signs agreement with Bank of China for access to US$1.5 billion funding

(EnergyAsia, June 29 2011, Wednesday) — UK’s BG Group said it has signed a key cooperation agreement with Bank of China that allows for it to access up to US$1.5 billion in new funding options to support its expansion in the global gas industry. Building upon their existing commercial relationships, the Memorandum of Understanding (MoU) […]

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PEOPLE: New appointments at Singapore-based firms, SGX, SMX and BDP

(EnergyAsia, June 29 2011, Wednesday) — Three Singapore-based firms, Singapore Exchange, Singapore Mercantile Exchange and BDP, have named senior executive appointments. Singapore Exchange (SGX) has hired a veteran oil trader for the first time to head its commodities business underlining its attempt to become a leading commodities exchange in Asia. Julie Heng, a gasoline trader, […]

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AUSTRALIA: Exxon Mobil-Shell to expand Adelaide terminal by more than 10% by mid-2012

(EnergyAsia, June 28 2011, Tuesday) — Exxon Mobil said it and Shell will expand their jointly-owned Birkenhead storage terminal in Adelaide in South Australia by more than 10% with the construction of a new nine-million-litre diesel tank. Exxon Mobil did not say how much the project would cost when completed next June to bolster Birkenhead […]

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IRAQ: Honeywell awarded automation contract by North Refineries Company, plans expansion

(EnergyAsia, June 28 2011, Tuesday) — US engineering giant Honeywell said it has been selected by Iraq’s largest refining company as its main engineering, procurement and construction (EPC) contractor to upgrade the automation systems at its plant in the town of Baiji. The US$9.6 million contract by North Refineries Company (NRC) calls for an upgrade […]

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SINGAPORE: EV charging station firm Greenlots secures funding

(EnergyAsia, June 27 2011, Monday) — With installations of charging networks for electric vehicles in 11 countries, Singapore-based Greenlots said it has successfully concluded a round of equity financing to help accelerate its global growth. Led by SBI Ven Capital, the overseas investment arm of SBI Group and Japan’s largest independent venture group, and Tembusu […]

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SINGAPORE: Companies and organisations invited to participate in S$20 million electric vehicle test-bed

(EnergyAsia, June 27 2011, Monday) — Singapore has launched its much-anticipated national system to test and gauge different electric vehicle (EV) prototypes and charging technologies in the city-state’s highly urbanised environment and road conditions before deciding whether to roll it out for mass adoption. Officially launched on June 25, the S$20 million, three-year trial project […]

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ASIA: Region must take radical steps to promote clean energy production and use, says ADB

(EnergyAsia, June 27 2011, Monday) — With an energy crisis looming, Asian nations must “take radical steps” to increase energy efficiency and invest in renewable energy, said Asian Development Bank (ADB) President Haruhiko Kuroda. The Asia Pacific’s strong economic growth and its increasing population are generating the world’s fastest growing demand for energy that could […]

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