Archive | April, 2013

UAE Flag

DUBAI: ENOC unit to start up new Jebel Ali oil terminal by end-2013, pipeline link to airport

(EnergyAsia, April 30 2013, Tuesday) — Horizon Terminals Limited (HTL), a subsidiary of Dubai’s Emirates National Oil Company (ENOC), expects to start up its new US$142-million oil storage terminal at Jebel Ali that will include a 60-km pipeline link to supply jet fuel to Dubai’s new Al Maktoum International Airport. Supplied by both ENOC’s 120,000 […]

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Singapore Flag

SINGAPORE: KPMG launches Global Energy Institute, held inaugural Global Energy Conference for the Asia Pacific

(EnergyAsia, April 29 2013, Monday) — KPMG held its inaugural Global Energy Conference in Singapore last Friday to coincide with the launch of its Global Energy Institute for the Asia-Pacific region. The one-day conference brought together some 300 regional business leaders in the energy sector, along with members of government and academia to deliver insights […]

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INDIA-5

INDIA: Hinduja’s Gulf Oil opens new lubricants blending plants in Ras Al Khaimah and Argentina

(EnergyAsia, April 29 2013, Monday) — The Gulf Oil International Group, owned by India’s Hinduja Group, has started up two new lubricants blending plants in Ras Al Khaimah in the UAE and Argentina. Gulf RAK Oil, a joint venture of the Ras Al Khaimah government and Gulf Oil International, last month opened a lubrication manufacturing […]

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SINGAPORE: Regulator and industry to meet again next month on guidelines for LNG imports

(EnergyAsia, April 29 2013, Monday) — Singapore’s energy regulator and natural gas companies will meet again next month to help shape guidelines on the import of additional volume of liquefied natural gas (LNG), said trade and industry minister S. Iswaran. The Energy Market Authority (EMA) initiated the first round of industry consultations last year after […]

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INDIA-5

INDIA: Petronet signs 20-year deal to buy LNG from United LNG, may take stake in US export terminal

(EnergyAsia, April 26 2013, Friday) — India’s main gas importer Petronet LNG has signed an initial 20-year agreement with Houston, US-based United LNG to purchase four million tonnes of liquefied natural gas (LNG), the two companies have announced. They are now discussing commercial terms including prices linked to Louisiana state’s Henry Hub that are expected […]

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Saudi Arabia Flag

SAUDI ARABIA: Jubail refinery output will weaken global diesel prices in 2014, says US consultant

(EnergyAsia, April 26 2013, Friday) — Global diesel prices will weaken when state-owned Saudi Aramco starts up its 400,000 b/d refinery in Jubail in Saudi Arabia next year, said US consultant ESAI Energy. The sophisticated plant will add to the supply of clean diesel in Saudi Arabia and Europe, markets currently supplied by India, said […]

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COMPANY-1

COMPANIES: China’s Wison and US engineering firm Black & Veatch to jointly pursue offshore LNG projects

(EnergyAsia, April 25 2013, Thursday) —- Wison Offshore & Marine Ltd, a subsidiary of China’s Wison Group, said it has signed a memorandum of understanding with US engineering firm Black & Veatch to jointly pursue barge-based natural gas liquefaction facility projects on an exclusive basis. Shanghai-based Wison said it will hold responsibility for barge design […]

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QATAR-1

QATAR: QPI ventures into North America gas through separate deals with UK’s Centrica and ExxonMobil

(EnergyAsia, April 25 2013, Thursday) — Qatar Petroleum International and UK energy retailer Centrica plc have teamed up to buy gas fields from Canada’s Suncor Energy for US$1 billion. In separate statements, the companies said Suncor has agreed to sell the conventional portion of its natural gas business in Western Canada to a newly established […]

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