CHINA: PetroChina walks away from proposed C$5.4 billion shale gas venture in Canada

(EnergyAsia, June 24 2011, Friday) — PetroChina may have just learnt to say “no” to overpaying for oil and gas assets abroad.This week, a subsidiary, PetroChina International Investment Company, decided to pack up after failing to complete a proposed C$5.4 billion joint venture with Canada’s Encana Corporation on large shale and natural gas resources in…

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CHINA: Sinopec to invest 3.5 billion yen in developing strategic crude oil stockpile in Tianjin

(EnergyAsia, June 24 2011, Friday) — State-owned China Petrochemical Corp or Sinopec has committed to investing 3.5 billion yuan to build a new strategic crude oil stockpile in Tianjin city in northeastern China. The terminal will have an initial storage capacity of 32 billion cubic meters. (US$1=6.5 yuan).Sinopec will build and operate the stockpile on…

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INDIA: Bharat Petroleum, Essar seek to expand refineries

(EnergyAsia, June 24 2011, Friday) — Two major Indian oil players, Bharat Petroleum Corp Limited (BPCL) and Essar Oil, are expanding their refining capacities to help meet the country’s growing energy demand.BPCL is looking to invest a total of 180-billion rupees to double the capacity of its 60,000 b/d Bina refinery and to build a…

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MARKETS: IEA to release 60 million barrels of oil to help offset loss of Libyan supply

(EnergyAsia, June 24 2011, Friday) — Following on its recent warnings that high oil prices had entered a “danger” zone, the International Energy Agency (IEA) said its 28 member countries have agreed to release a total of 60 million barrels of oil in the coming month in response to the ongoing disruption of oil supplies…

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SAUDI ARABIA: Economy to grow by 6.5% this year on increased oil output, says IMF

 (EnergyAsia, June 24 2011, Friday) — Increased oil production will help the Saudi economy to grow by 6.5% this year, compared with last year’s expansion by 4%, according to the International Monetary Fund (IMF).“The Saudi economy has continued to strengthen in 2010 and early 2011, driven by a strong increase in non-oil GDP reflecting…

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MARKETS: IEA predicts greater role for gas with rising oil prices and geopolitical unrest

(EnergyAsia, June 24 2011, Friday) — The International Energy Agency (IEA) expects natural gas to overtake coal as the world’s leading fuel source by 2030 on its way to contributing 25% of the global energy mix by 2035.

Speaking to a Singapore audience this week, Fatih Birol, the IEA’s chief economist, said natural gas will grow in importance amid global uncertainties including geopolitical upheavals and rising oil prices.

Dr Fatih was the second expert invited to Singapore under the Energy Market Authority (EMA)’s Distinguished Speaker Programme.

With global energy demand growing 36% by 2035, Dr Birol said the world needs to urgently diversify its energy mix as oil prices, with Brent still above US$110 a barrel, had entered the “danger zone”.

The world is hostage to the increasingly politically unstable Middle East and North Africa (MENA) region which is expected to account for 90% of the net global increase in oil production till 2020.

Dr Fatih said that any investment deferment resulting from further political upheavals could have negative implications for global energy security.

Dr Fatih’s speech, “A Glimpse into the Energy Future”, before an audience of more than 350 professionals from the industry, government and academia, offered an advance release of the scenario to be outlined in the IEA’s upcoming World Energy Outlook 2011 due later this year.

While coal remains the backbone of global electricity generation, natural gas resources exceed 75 years of current consumption and 250 years of current production.

Coupled with growing LNG capacity, natural gas offers significant advantages in providing flexibility for energy diversification and boosting supply security.

Dr Birol cautioned that the increased share of natural gas in the global energy mix is by itself insufficient to limit the average global temperature rise to no more than        2°C.

He called on continued government support as a key driver in boosting the use of renewable energy so that its share in the electricity supply rises from 19% in 2008 to 32% in 2035.

Further, the IEA projects that the decrease in nuclear energy’s share in power generation from 14% today to 10% in 2035 – will help push up the demand for coal, gas and renewable sources, producing a corresponding knock-on effect on energy prices.

During the session, Dr Birol shared key findings from IEA’s special report, “Are We Entering a Golden Age of Gas?”. He presented a scenario in which the demand for gas is expected to grow by more than 50 percent, with a corresponding increase in gas supply projected, fuelled by the growth of unconventional gas and the expansion of LNG trade. Dr Birol also commented that with the LNG terminal, Singapore is well-positioned to be an LNG hub for the region.

Echoing Dr Birol’s view on the opportunities in the natural gas market, Mr Chee Hong Tat, Chief Executive of EMA, shared in his welcome remarks that Singapore has seen strong industry interest in LNG. Mr Chee also provided a progress update on Singapore’s LNG terminal, which is the first open-access, multiuserLNG terminal in Asia. The terminal is approaching 50 percent completion andis on track for commercial operations by the second quarter of 2013. Located on Jurong Island, the LNG terminal will be able to handle up to 6 million tonnes per annum (Mtpa) of throughput when its three tanks are completed.

EMA introduced the Distinguished Speaker Programme in April this year to augment its calendar of thought leadership programmes aimed at inspiring dialogue on emerging energy trends, technologies and solutions. Featuring industry leaders and luminaries in a series of public lectures, the Distinguished Speaker Programme
builds on the success of the flagship Singapore International Energy Week in providing platforms for the industry’s best minds to debate and exchange best practices, ideas and strategies in the energy space, and contribute to the global effort to secure a more sustainable energy future.

About the Energy Market Authority

The Energy Market Authority (EMA) is a statutory board under the Ministry of Trade and Industry. Our main goals are to ensure a reliable and secure energy supply, promote effective competition in the energy market and develop a dynamic energy sector in Singapore. Through our work, we seek to forge a progressive energy
landscape for sustained growth. Please visit our website www.ema.gov.sg for more information.

About the Singapore International Energy Week

The 4th Annual SIEW 2011 is the foremost platform for top policymakers, industry players and commentators to discuss energy issues, strategies and solutions. SIEW 2011 brings together the world’s leading conferences, exhibitions, workshops and networking events in one week, in one location. Covering key issues such as oil &
gas, energy trading, clean energy and smart grids, SIEW 2011 provides the ideal focal point to discuss energy security through the generation of ideas and exchange of best practice. More information about SIEW is available at www.siew.sg.

For media queries, contact:

Dawn Chin, Burson-Marsteller for EMA
Tel: +65 6671 3227
Email: dawn.chin@bm.com
Juniper Foo, EMA
Tel: +65 6376 7633
Email: juniper_foo@ema.gov.sg
Solonia Teodros, Burson-Marsteller for
EMA
Tel: +65 6671 3252
Email: solonia.teodros@bm.com
Sharon Tan, EMA
Tel: +65 6376 7542
Email: tan_gek_lin@ema.gov.sg

MARKETS: Speech by the chief executive of Singapore’s Energy Market Authority (EMA)

(EnergyAsia, June 24 2011, Friday) — The following is an edited version of the speech by Singapore’s EMA chief Chee Hong Tat in introducing Fatih Birol, chief economist of the International Energy Agency (IEA) who spoke on “A Glimpse into the Energy Future”. Dr Fatih spoke to an audience of around 350 energy professionals in Singapore on Tuesday.
 
“This is a timely topic given recent developments such as rising oil prices, discovery of unconventional gas sources and the Fukushima nuclear incident in March 2011.

“The IEA’s special report on “Are We Entering a Golden Age of Gas?” presents a scenario in which natural gas plays a more prominent role in meeting the world’s energy needs. Under this scenario, demand for gas is expected to grow by more than 50% and its share of the global energy mix increases from 21% to 25% in 2035. At the same time, there is a corresponding increase in gas supply fuelled by the growth of unconventional gas, and the expansion of LNG trade.

“Singapore is well positioned to capitalise on this development with our first LNG terminal. The terminal, which is located at Jurong Island, will have three LNG tanks and will be able to handle up to six million tonnes/year of throughput. There are plans to expand on this capacity in future. We have also designed the terminal to have some additional storage capacity, which will allow Singapore to meet our future gas needs and open up new business opportunities in the LNG market.

“I am happy to update that the overall LNG Terminal progress is approaching 50% completion and is on track for commercial operations by the second quarter of 2013.

“There has also been a strong uptake of LNG by companies in Singapore.

As of end-May this year, LNG aggregator BG has sold about 2.3 million t/y of LNG, mostly to power generation companies. There is also interest from industrial companies outside the power generation sector to purchase LNG to fuel their new businesses and project expansions.

“Studies are being conducted by industry on how to tap on the “cold energy” of LNG for the cooling of industrial processes. Besides exploring new business opportunities brought about by the LNG terminal, EMA is also keeping a close watch on other emerging energy technologies and solutions which could contribute to Singapore’s energy sector.

“Dr Birol is responsible for the IEA’s economic analysis of energy and climate change. He also oversees the annual World Energy Outlook – the IEA’s flagship publication.

Besides his many years of experience at the IEA, Dr Birol also spent six years at the Organisation of the Petroleum Exporting Countries in Vienna.”

INDIA: Honeywell drives efficiency at Hindustan Petroleum’s new refining unit

(EnergyAsia, June 23 2011, Thursday) — US engineering giant Honeywell said India’s Hindustan Petroleum Corporation Limited (HPCL) has implemented Honeywell Process Solutions’ mobile stations at their newly completed US$200 million fluid catalytic cracking unit (FCCU) refinery unit in Mumbai.

The mobile stations increase productivity and reduce operating costs of standard communication infrastructure by expediting the commissioning of different systems and subsystems.

Previously, HPCL experienced delays in commissioning activity associated with the use of handheld transceivers to communicate with the control room for operations such as transmitter testing, control valve stroke checking, loop checking, determining run indication status and mapping third party devices with DCS over modbus.

Honeywell said the use of its wireless mobile operator technology has enabled HPCL to expedite the schedule resulting in daily saving of US$333,000 while improving productivity by 20% during the commissioning phase of the FCCU project. The company has also enjoyed increased acceptance of more field-related applications using the same wireless network.

HPCL said: “Effective communications are essential in helping to minimise the commissioning delays and in turn reduce operating costs in our plants. Our longstanding relationship with Honeywell made the company a natural choice for this project, and the substantial cost reductions achieved to date have shown that they were the correct choice.”

Amitava Biswas, country manager for Honeywell Process Solutions India, said:

“Increasingly our customers are interested in taking advantage of the latest communications technologies for their operations. With our Mobile EPKS system, Hindustan Petroleum gains real-time communication, which is a critical capability when optimizing plant productivity and managing the bottom line.”

With annual revenues exceeding US$25 billion, HPCL operates two major refineries in India producing a combined annual output of 14.8 million metric tons of petroleum products.

Honeywell International is a Fortune 100 diversified technology and manufacturing leader, serving customers from many industries around the world.

RUSSIA: Mechel and South Korea’s Posco sign agreements on joint projects and coal workers’ housing

(EnergyAsia, June 23 2011, Thursday) — Russian mining and metals company Mechel OAO said it has signed two agreements with South Korea’s Posco group to expand cooperation on developing projects, and  the construction of a residential complex for 3,000 workers at the Elga coal complex.The agreements were signed June 21 during a meeting between Mechel’s…

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RUSSIA: Wood Mackenzie says China gas pipeline talks will determine opportunities for LNG supply

(EnergyAsia, June 23 2011, Thursday) —Companies hoping to supply liquefied natural gas (LNG) to China will have to closely watch the outcome of Russia’s attempt to supply natural gas from both west and east Siberia to its Asian neighbour, said UK energy consultancy Wood Mackenzie.If there is progress in Sino-Russian, leading to a supply agreement,…

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THAILAND: PTT to import more LNG to fuel power plants

(EnergyAsia, June 23 2011, Thursday) — As Thailand loses its fervour for nuclear energy, state PTT Plc is looking to import between five and 10 million tonnes a year of liquefied natural gas (LNG) to fuel its power plants. To achieve this target, it will have to raise LNG imports from the Middle East and…

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SRI LANKA: Global Energy & Industrial to build country’s first private refinery

(EnergyAsia, June 23 2011, Thursday) — Sri Lanka could have its first privately-owned oil refinery if local firm Global Energy & Industrial Operations Inc succeeds in raising capital for the proposed project expected to cost between US$1 and US$1.5 billion.The plan calls for the construction of a 100,000 b/d plant in Trincomalee, twice the size…

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INDONESIA: State Pertamina, CNOOC dispute jeopardises joint bid in Angolan project

(EnergyAsia, June 23 2011, Thursday) — Chinese state-run company CNOOC is withdrawing from its joint bid with Indonesia’s national oil company Pertamina for ExxonMobil’s US$3.5 billion stake in an Angolan oil project. CNOOC’s withdrawal stemmed from a dispute with Pertamina over the terms of the renewal of oil concessions at West Madura in Indonesia. The…

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CHINA: Work to begin soon on Sino-Russian oil refinery

(EnergyAsia, June 23 2011, Thursday) — PetroChina Company Limited and Russia’s Rosneft are expected to soon start construction of their joint oil refinery in Tianjin city in northern China.Located at the Nangang industrial zone, the 30-billion-yuan Oriental Refinery has the capacity to process 13 million tonnes of crude annually when it starts up in 2015….

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IRAN: State oil firm says strategic fuel stockpile now at 13 billion litres

(EnergyAsia, June 22 2011, Wednesday) — An Iranian oil official said the country has raised its strategic fuel stockpile level to 13 billion litres from 11.5 billion litres at the end of last year. Jalil Salari, CEO of the National Iranian Oil Refining & Distribution Company (NIORDC), said state agencies have expanded the national infrastructure to…

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MARKETS: Qatar helped world LNG trade grow 22.6% to 218.8 million tonnes in 2010, says QNB Capital

(EnergyAsia, June 22 2011, Wednesday) — Thanks to Qatar’s expanded capacity and rising global demand, the world’s liquefied natural gas (LNG) trade surged 22.6% to reach 218.8 million tonnes last year, said Doha-based QNB Capital. Qatar accounted for 25.5% of last year’s global LNG exports after raising its sales 53% to 55.7 million tonnes, compared with…

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COMPANY: Honeywell announced success of first biofuel-powered trans-Atlantic flight to Paris, France

(EnergyAsia, June 22 2011, Wednesday) — US engineering giant Honeywell said its bio-jet fuel successfully powered a tran-Atlantic flight of a plane which landed at Paris-Le Bourget Airport as part of the international airshow in Paris, France this week.
 
Honeywell said its operated Gulfstream G450 plane became the first aircraft to fly from North America to Europe with a 50/50 blend of Honeywell Green Jet Fuel and petroleum-based jet fuel, powering one of the aircraft’s Rolls-Royce engines. It was also the first business jet to be powered by a biofuel.
 
The biofuel was derived from camelina, a dedicated energy crop that does not compete in the food chain as it grows in rotation with wheat acreage and can also grow on marginal land.
 
Based on lifecycle analyses, Honeywell said the use of its green jet fuel for the flight saved approximately 5.5 metric tons of net carbon dioxide emissions compared to the same flight powered by petroleum-based fuel.
 
On the back of this flight, Honeywell and French aerospace leader Safran have signed a memorandum of understanding to create a joint venture company to deliver an innovative new electric green taxiing system for new and existing aircraft.
 
The two companies expect it to be installed on new aircraft and retrofitted on to existing planes from 2016. The new taxiing system will significantly improve airline operational efficiency and provide environmental benefits by slashing the carbon and other emissions created during runway taxi operations.
 
Jim Rekoske, vice president and general manager of renewable energy and chemicals for Honeywell’s UOP, said:
 
“This first biofuel trip across the Atlantic, along with more than a dozen other commercial and military test flights conducted to date, demonstrates that Honeywell green jet fuel more than meets the demanding requirements for air travel.
 
“Now that the initial ASTM International approval is in place, we are one step closer to commercial use that will help the aviation community reduce its carbon footprint and dependence on crude.”
 
Pres Henne, Gulfstream’s senior vice president for Programs, Engineering and Test, said:

“Gulfstream is committed to achieving business aviation’s ambitious goals on emissions reductions. These include carbon neutral growth by 2020 and a reduction in total carbon emissions of 50% by 2050 relative to 2005. We are working with engine companies and other innovators, such as Honeywell, to ensure we can meet these initiatives. We are very proud to participate in this historic demonstration.”
 
Honeywell said it has produced more than 700,000 gallons of its green jet fuel from sustainable, inedible sources such as camelina, jatropha and algae for use in commercial and military testing. In each of the 16 biofuel flights conducted to date, Honeywell said the fuel met all specifications for flight on military and commercial platforms without any modification to the aircraft or engines.
 
The process to produce the fuel was originally developed in 2007 under a contract from the US Defense Advanced Research Projects Agency (DARPA) to produce renewable military jet fuel. The process is based on hydro-processing technology commonly used in today’s refineries to produce transportation fuels. It produces an aviation biofuel that can be blended seamlessly with petroleum-based fuel.
 
Tom Todaro, CEO of Sustainable Oils, said: “With more than 500,000 gallons produced, camelina-based renewable jet fuel has been the most widely tested of any feedstock and has proven itself on more engine types and aircraft. “It’s the only sustainable feedstock that is widely and commercially available today. We are proud to partner with Honeywell on this historic flight.”

IRAQ: Shell and partners to install another 15 production wells and additional pipelines in Majnoon oilfield

(EnergyAsia, June 22 2011, Wednesday) — Shell said the consortium that it is leading will install the first of 15 production wells next month and undertake other infrastructure investments to develop the Majnoon oilfield in Iraq. The consortium’s other members include Petronas, Missan Oil Company and Southern Oil Company (SOC).
 
In an interview with EnergyExchange, Hans Nijkamp, Shell vice president and country chairman for Iraq, said contractor Petrofac will add oil pipelines, upgrade two de-gassing stations and construct a central processing facility that will include two new 50,000 b/d capacity early production systems.
 
Mr Nijkamp’s interview focused on the development of the Majnoon oilfield and Iraq’s South Gas Utilisation Project.
 
He will be speaking in further detail at the “Iraq 2011: Future Energy” conference which takes place in Istanbul, Turkey on September 26 to 29.
 
He said: “In March 2011, following approval from the Iraqi authorities, Shell, Petronas, Missan Oil Company and Southern Oil Company (SOC) awarded Petrofac a contract for the development of the Majnoon oilfield. The Shell Majnoon Camp is now complete and the in-country team have moved in which allows us to work closer with our SOC colleagues in the field.
 
“The Ministry of Oil and SOC asked Shell to build and enhance the evacuation route for the First Commercial Production (FCP) in Majnoon.  We are providing project management services while construction and operations are SOC’s overall responsibility.
 
“We have also initiated five social investment projects with communities directly impacted by our Majnoon operations. These include a road safety awareness programme, solar-powered street lighting and initiatives in healthcare, infrastructure and education.
 
“Shell has awarded at least 360 jobs to people in local communities. We are working with Iraqi firms to ensure we manage and maintain the tender process, ensure equal job allocation within different communities and that individuals have the right qualifications.
 
“The FCP in Majnoon will build on existing infrastructure to install a further 15 production wells (the first one by July 2011), install additional pipelines and upgrade two degassing stations.  It will also involve constructing a new central processing facility to include two new 50,000 b/d capacity early production systems.”
 
The Energy Exchange: Earlier this year, Iraq gave initial approval for Shell to build its own dock for delivery of heavy equipment to Majnoon. Is that now complete?
 
Hans Nijkamp: “Shell recently concluded a geographical survey of the Shatt Al Arab, which produced positive results. We are now able to use it as a route to transport equipment to Majnoon and minimise road transport. We are also in the process of constructing a jetty.”
 
The Energy Exchange: There is a lot of talk about Shell and its US$12 billion Iraq gas deal. What is the status of the deal? Why is it being delayed?
 
Hans Nijkamp: “We believe that the South Gas Utilisation Project is important and it will enable Iraq to make the best use of its natural gas.  We are working with our Iraq partners to reach final agreements as soon as possible.
 
“A number of external reviews have been carried out by international firms on behalf of the Ministry of Oil and it has also taken Shell 250,000 engineering man-hours on site to assess the scope of work. Shell and Mitsubishi are now ready for execution of the project.
 
“The Ministry and Shell have agreed that the investment will focus on making more gas available to the domestic market to fuel power generation, which is badly needed. Only when the domestic demand is met, can the parties progress to an export project. The Ministry maintains control over this decision through its majority shareholding in Basrah Gas Company (BGC).  We will rehabilitate and maintain the existing infrastructure and build new gas treatment plants as production increases.
 
“License Round 1 (LR1) contracts explicitly excluded gas, as the gas facilities of the three LR1 fields are shared and cannot be easily split. This will allow Iraq to develop more midstream companies to gather and commercialise gas coming from LR2 and LR3. Some 700 million standard cubic feet per day are currently flared in the south of Iraq – this is sufficient to generate estimated 4500 MW.”
 
Iraq has 6,500MW of power generation capacity, can produce an estimated 4,000 tons per day of LPG (equivalent to 320,000 LPG cooking cylinders per day), and 770 tons per day of condensates (enough to fuel 75,000 vehicles).

ASIA: UN agency says green growth key to region’s food and energy security

(EnergyAsia, June 21 2011, Tuesday) — Asia-Pacific countries can cushion themselves against food and fuel price shocks and natural disasters by using natural resources and energy more efficiently, said the UN Economic and Social Commission for Asia and the Pacific (ESCAP).
 
Speaking yesterday at the Global Green Growth Summit in Seoul, South Korea, Under-Secretary-General and Executive Secretary of ESCAP, Noeleen Heyzer, said:
 
“Green growth remains an essential and urgent task for enhancing the energy and food security of each country in the Asia-Pacific region.”
 
The current “energy, resource and carbon intensive” development pattern must give way to “green growth” to reduce wasteful use of resources and energy, Dr Heyzer said, adding that this was particularly important at a time when the region faces triple threats from recurring climate-related natural disasters and soaring food and fuel prices.
 
ESCAP said its latest estimates show that rising food and oil prices can keep an additional 42 million people in the region in poverty in 2011.
 
The Asia Pacific is also the world’s most vulnerable to natural disasters, with its people four times more likely to be affected by nature’s wrath than those in Africa and 25 times more likely than those in Europe or North America.
 
Dr Heyzer said green growth needs to be linked to inclusive and equitable economic initiatives and can be part of regional, sub-regional and bilateral development initiatives and partnerships.
 
ESCAP said it has been pioneering green growth in the region, an example being the 2010 Astana Green Bridge Initiative linking Europe with Asia and the Pacific which will promote inter-regional cooperation in pro-poor, pro-environment growth. ESCAP is also developing a ‘Low Carbon Green Growth Roadmap’ for the region funded by the South Korean government.
 
“Green growth, as one of the strategies to achieve sustainable development by improving the efficiency of the way we use our energy, resources, and in particular carbon, is no longer only an ecological conditionality but also an imperative to improve resilience of our economy against energy, food and resource price volatility,” she told the summit.
 
“For a region whose efficiency in using energy and resources still remains low, improving the efficiency of our production and consumption will provide us with a new engine of growth.”
 
Attended by 800 participants from 25 countries, the one-day summit was jointly organised by the South Korean government and the Organisation for Economic Cooperation and Development (OECD). The event marked the 50th anniversary of the establishment of the OECD.
 
The world will have the chance at the 2012 UN Conference on Sustainable Development (Rio+20) in Brazil to commit itself to a global green economic growth model based on a partnership between rich and poor nations, said Dr Heyzer.

CHINA: Shell and CNPC to establish well manufacturing JV aimed at exploiting unconventional gases

(EnergyAsia, June 21 2011, Tuesday) — Royal Dutch Shell has taken a step further in plans to become a global player in developing and producing tight gas, shale gas and coal bed methane reserves.
 
The Anglo-Dutch major said it and China National Petroleum Company (CNPC) have signed a shareholders’ agreement to establish an equal well manufacturing joint venture to develop an innovative, highly automated Well Manufacturing System (WMS) that could significantly improve the efficiency of drilling and completing new wells onshore, particularly those containing tight gas, shale gas and coal bed methane.
 
Shell said full-scale commercialisation of these unconventional gases will require the drilling of hundreds of wells each year over many years. The WMS will be designed to drill and complete wells in a standardised and repeatable manner, using advanced automation techniques. The system aims to incorporate the best technology and procurement capabilities from both partners.
 
The joint venture intends to use state-of-the-art technologies such as automated directional drilling and drilling optimisation, including technologies pioneered by Shell in its North America tight gas operations. The WMS joint venture is expected to source the majority of its rigs, services and drilling equipment from low-cost suppliers in China. 

This combination could unlock substantial natural gas resources cost-efficiently, and on a large scale.
 
The companies also signed a global alliance agreement to pursue mutually beneficial cooperation opportunities in China and around the world. Their respective contributions to the joint venture will be agreed during the transition phase over the coming months.
 
The agreements were signed in Beijing in the presence of Peter Voser, Shell’s CEO, and Jiang Jiemin, CNPC’s CEO.
 
Peter Voser, Shell’s CEO, said:  “CNPC and Shell are collaborating in a variety of projects globally with the aim of investing for profitable growth, and to meet the world’s growing demand for cleaner, affordable energy. The shareholders agreement for the Well Manufacturing JV underscores how Shell and CNPC are working together to develop gas resources using innovative and cost competitive technologies.”
 

RUSSIA: President Medvedev awards Global Energy Prize 2011 to joint winners Rosenfield and Rutberg

(EnergyAsia, June 21 2011, Tuesday) — Arthur H. Rosenfeld of the US and Philipp Rutberg of Russia have been jointly presented with the 2011 Global Energy Prize, which rewards innovation and solutions in global energy research and its concurrent environmental challenges.
 
Russian President Dmitry Medvedev presented the prize at an official ceremony at the St Petersburg International Economic Forum on June 17.
  
The Global Energy Prize is one of the world’s most respected awards in energy science, awarding 33 million roubles (US$1.17 million) each year for outstanding energy achievements and innovations.

                                          russia president medvedev awards global energy prize 2011 to joint winners rosenfield and rutberg 210611
Dr Rosenfeld was awarded for his contribution to the development of the energy efficiency sector, while Dr Rutberg was recognised for developing plasma technology which can be used to create energy from waste materials.
 
Dr Rosenfeld, 84, is a UC Berkeley physicist who served on the California Energy Commission for ten years, and is most well-known for his groundbreaking work in energy efficiency.
 
Motivated by the 1973 oil crisis, he switched his career focus from experimental nuclear and particle physics to energy efficiency. He proposed rigorous energy efficiency standards for new homes, businesses and industrial buildings in California, and helped develop ways to meet these, together with colleagues at the Center for Building Science which he founded at Lawrence Berkeley National Laboratory.
 
His technological innovations include energy-saving compact fluorescent light bulbs and reflective roof-coatings which reduce air-conditioning costs. In 2006, the then US Secretary of Energy Samuel Bodman noted of Dr. Rosenfeld that “the legacy of his research and policy work is an entire new energy-efficiency sector of our economy, which now yields an astounding annual savings of around $100 billion and growing.”
 
In 2010 a new unit of energy conservation was named after him. The ‘Rosenfeld’ equals 3 billion kilowatt-hours – the amount of energy savings needed to replace the output of one 500-megawatt coal-fired power plant in a year.
  
Dr Rutberg is a Member of the Russian Academy of Sciences and Director of the Institute for Electrophysics and Electric Power in St Petersburg. Throughout his career he has worked to develop high power plasma technologies which can convert waste materials into synthetic fuels, with minimal harmful emissions.
 
Using this technology, a town of around 30,000 people could supply all its heating needs and a portion of its electricity needs using domestic waste as a power source – providing a single solution to both garbage disposal and energy supply issues.
 
Dr Rutberg has often spoken out against the construction of landfills while championing the need to invest in science and innovation, particularly where it concerns the environment.
  
Igor Lobovsky, President of the Global Energy Prize Partnership, said:
 
“The Global Energy Prize exists to celebrate and encourage such innovation, and draw society’s attention to the continued need for development in the energy field. Perhaps there is no other sector where the scientific, geopolitical, economic and other interests of a country are so deeply connected. Both our 2011 Laureates have developed innovations which have had tremendous positive effects on the world’s people, environment and economy, and will continue to influence generations to come.”
 
The Global Energy Prize has been granted to 24 scientists from around the world including the US, Great Britain, Canada, France, Germany, Iceland, Russia, and Japan.
 
Russia’s President participates in each year’s award ceremony held at the conclusion of a week-long celebration of the Laureates’ Week.  Other world leaders who have supported the prize include the former US President George W. Bush, former British Prime Ministers Tony Blair and Gordon Brown, former French President Jacques Chirac and current Canadian Prime Minister, Steven Harper.

SINGAPORE: Global thermal spray coating leader aims to expand in Asia, by SURESH NAIR

(EnergyAsia, June 20 2011, Monday) — “Singapore is a prominent market for us in the metalising industry. It is a top-tier country in the Asia-Pacific region for the offshore and shipping industry where the bulk of our clients come from. We hope to apply more of our services to serve our clients in this part of the world,” said MTM Metalizing general manager Bill Jordan.

MTM Metalizing is a joint venture set up with the International Metalizing Company (IMC), which has been in thermal spray business for corrosion prevention since 1995.

Since its start-up in May 2006, MTM Metalizing’s Singapore-based mobile teams have been serving customers in Singapore, Malaysia, Indonesia, South Korea, India, Philippines, Japan, Thailand, China and Taiwan. China, the world’s second biggest economy and a huge energy consumer and producer, is a key target market for the company.

“We’re adopting a cautious approach in knocking on the doors of China’s expansive oil and gas industry,” said MTM Metalizing director Leon Lui, who recently made an exploratory visit to China. “We’re in working out some joint-ventures deals with Chinese companies but for the moment, we want to establish the Singapore operations on a stronger footing before venturing out to open another overseas office.”

The Singapore office at Thye Hong Centre, Leng Kee Road, with a workshop in Tuas, has a permanent full-time workforce of 17, which includes applicators, blasters, supervisors as well as administrators.

Among the company’s major activities in Singapore are its thermal spray coating projects for an ExxonMobil plant on Jurong Island, The Sail at Marina Bay and Bluewater Energy Services at Sembawang Shipyard.

“We’re still a global brand for on-site thermal spray and provide customised solutions to corrosion problems for marine, petrochemical, structural steel, rail and infrastructure industries,” said Mr Lui.

MTM Metalizing said its IMC-patented technology for corrosion prevention has been approved and used in a variety of corrosion prevention projects of high-profile clients, including Panama Canal Authority, NASA, US Navy, New Jersey Department of Transportation, American Bureau of Shipping (ABS) and major oil companies. MTM Metalizing said it recently became the first metalising company in the world to obtain a DNV Certification of Approval for its thermal sprayed zinc coating technology.

DNV, a Norwegian classification society that establishes and maintains technical standards for the construction and operation of ships and offshore structures approved MTM Metalizing’s thermal sprayed zinc coating technology for use in ballast tanks, double-skin spaces, cofferdams and other enclosed spaces, under the IMO PSPC (International Marine Organization Performance Standard for Protective Coating) requirements. The certification is valid until December 31 2013.

Mr Lui said MTM Metalizing attained the certification after extensive testing including accelerated corrosion tests. This is believed to be the first “alternative coating” approval issued under the IMO guidelines. The application speed that the IMC-patented equipment produces allows the use of metalizing as a realistic alternative for ballast tank coating.

MTM Metalizing provides thermal sprayed zinc coating services on helideck support structures, ship vessels, bridges and tunnels. In Singapore, it has carried out the procedure on MT Polestar, a 25-year-old tanker owned by Megaports in Pan United shipyard and on the flare boom of Akoa Mizu, a ship belonging to Bluewater Energy Services.

PHILIPPINES: Petron to upgrade Bataan refinery

(EnergyAsia, June 17 2011, Friday) — Philippines’ largest oil company Petron Corp said it plans to invest nearly 75 billion peso to modernise and expand its refinery in Bataan province north of Manila. (US$1=44 peso).The project seeks to double Petron’s refining capacity, supply clean fuels and improve plant efficiency. It aims to reduce the sulphur…

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RUSSIA: Growing disputes with China over pricing for oil and gas supplies

(EnergyAsia, June 17 2011, Friday) — Price differences prevented Russia and China from concluding an important agreement to supply natural gas from Siberia to the energy-hungry coastal regions of the Asian country.Meeting in Moscow this week, President Dmitry Medvedev and his Chinese counterpart Hu Jintao were unable to put the icing on the cake for…

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MARKETS: OPEC challenged to raise output above 30m b/d after pumping 29.04m b/d in May

(EnergyAsia, June 17 2011, Friday) — Saudi Arabia will have to deliver the extra oil the world needs in the second half after the Organisation of the Exporting Countries (OPEC) ended their “worst ever” June 8 ministerial meeting without agreeing to a production quota. According to energy media Platts, the cartel boosted May output to 29.04…

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