Archive | July, 2011

SAUDI ARABIA: Foster Wheeler-SOFCON consortium awarded contract to work on Riyadh Refinery clean fuels project

(EnergyAsia, July 29 2011, Friday) — Foster Wheeler SOFCON, an unincorporated consortium between a subsidiary of Foster Wheeler’s Engineering and Construction Group and A. Al-Saihati, A. Fattani & O. Al-Othman Consulting Engineering Co., (SOFCON), has been awarded a contract by Saudi Aramco to provide front-end engineering design (FEED) and management services for the Clean Transportation […]

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SINGAPORE: China Aviation Oil signs agreement with China Development Bank for access to US$3 billion

(EnergyAsia, July 29 2011, Friday) — China Aviation Oil Singapore Corporation Ltd (CAO), Asia’s largest jet fuel trader, said it has signed a non-binding strategic cooperation agreement with China Development Bank Corporation (CDB), giving it access to up to US$3 billion to finance its expansion including asset acquisitions and oil trading activities. With the July […]

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JAPAN: Chevron to supply LNG from Australia’s Wheatstone project to TEPCO

(EneryAsia, July 29 2011, Friday) — A consortium led by US major Chevron Corporation have secured agreements to supply liquefied natural gas (LNG) from its Wheatstone natural gas project in Australia to Japan’s Tokyo Electric Power Company (TEPCO). Chevron said that its Australian subsidiaries, together with US-based Apache Energy and Kuwait’s Kufpec will deliver up […]

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

(EnergyAsia, July 29 2011, Friday) —  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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SINGAPORE: New operations centre to improve maritime safety and security, by SURESH NAIR

(EnergyAsia, July 29 2011, Friday) — Singapore, the world’s busiest port by vessel arrival tonnage, has launched a new operations centre to further raise the bar on navigational safety and security to support the region’s maritime trade. The official opening this week of the new Port Operations Control Centre (POCC) in Changi on the western […]

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CHINA: CNPC starts up refinery in Chad

(EnergyAsia, July 28 2011, Thursday) — China National Petroleum Corp (CNPC), the country’s leading oil producer, has started up a joint-venture refinery with the Chadian government just outside the Central African country’s capital city of N’djamena. The one-million-tonne-a-year plant was officially opened last month at a ceremony attended by Chad’s President Idriss Deby and Prime […]

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CHINA: Oil refining capacity could rise by a third by 2016, IEA says

(EnergyAsia, July 28 2011, Thursday) — China, the world’s second-largest oil user, could expand its refining capacity by a third to 13.3 million b/d between now and 2016, said the International Energy Agency (IEA). China National Petroleum Corp (CNPC) and China Petroleum & Chemical Corporation (Sinopec), the country’s two biggest oil and gas producers, own […]

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TAJIKISTAN: First oil refinery due to start up in late 2012

(EnergyAsia, July 28 2011, Thursday) — Energy-poor Tajikistan has started building its first oil refinery to meet its rising domestic fuel demands and reduce its energy dependency on Russia. Tajik President Emomali Rahmon attended the groundbreaking ceremony for the privately-owned 100,000-ton/year plant in the western part of the country. Rustam Dustov, a local businessman who […]

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INDONESIA: IMF predicts 6.5% economic growth and higher inflation on reduced energy subsidies

(EnergyAsia, July 28 2011, Thursday) — Indonesia’s economy will continue to experience strong growth the next two years but will face rising inflationary pressures caused partly by the removal of energy subsidies, said the International Monetary Fund (IMF). The fund gave its finding in a report submitted by its Asia Pacific division chief, Thomas Rumbaugh, […]

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