(EnergyAsia, January 18) — ChevronTexaco Energy Indonesia, a unit of Chevron, said it will begin building the fourth unit of the Darajat geothermal power plant in Garut, West Java. The 110MW unit will cost US$120 million, said ChevronTexaco official Irawan Munaf.   The company has yet to agree on the price of the electricity it...

(EnergyAsia, January 18) — State-owned Philippine National Oil Corp.-Exploration Corp (PNOC-EC) could start producing crude oil in the offshore Malampaya field in the coming months. The Philippine government is expected to soon award a service contract to the exploration unit of the company to begin work in the Malampaya oil rim in Palawan island.  ...

(EnergyAsia, January 18)—The Indian government has rejected a proposal by state Oil and Natural Gas Corp (ONGC) to buy a 45% stake in a Nigeria’s Akpo oil and gas field, Press Trust of India reported.   The deal would have cost about US$2 billion but the government found the acquisition too risky. ONGC wanted to...

(EnergyAsia, January 18) — China’s main oil field, Daqing, turned in a record performance last year, with its crude oil output reaching more than 44.95 million tons and natural gas exceeding 2.44 billion cubic meters. Xinhua news agency did not give previous year’s production figures.   Local officials said they discovered new underground reserves in...

(EnergyAsia, January 18) — China Aviation Oil Singapore Corporation Ltd said it has settled in full a US$26 million suit brought on by Sumitomo Mitsui Banking Corporation (SMBC) in relation to its borrowing when it was already in financial trouble from losses in speculative oil trading activities. The Japanese bank had filed a lawsuit in...

(EnergyAsia, January 18) — The Agency for Science, Technology and Research (A*STAR), the Economic Development Board (EDB) and Mitsui Chemicals Inc. (MCI) will jointly organise a two-day symposium “Advances in Materials and Chemicals” in Singapore on April 17-18. The Singapore International Symposium (SIS2006) will feature Vivian Balakrishnan, the Second Minister for Trade and Industry and...

(EnergyAsia, January 18) — Canada’s Husky Energy Inc said it will invest C$75 million (US$1=C$1.15) to explore for natural gas in Madura block off Indonesia’s Java island this year, up from C$6 million.   The Calgary based company said Indonesia’s investment climate for oil and gas activities had improved significantly the past year.   Last...

(EnergyAsia, January 20) — A BP executive, Peter Cleary, has been appointed President of the North West Shelf Venture’s LNG marketing arm, North West Shelf Australia LNG (NWSALNG). Mr Cleary, 47, replaces John Banner who returns to Chevron after a three-year term as NWSALNG President.   “We welcome Peter Cleary’s appointment to NWSALNG and believe...

(EnergyAsia, January 18) — China’s state-owned Green Coal Power is planning a 5.8 billion yuan (US$1=8.06 yuan) coal power plant that will not release any harmful emissions, Xinhua reported.   Green Coal said it will use technology that produces hydrogen through gasifying coal, and collects and stores carbon dioxide (CO2) produced during power generation. The...

(EnergyAsia, January 18) — Vietnam could reduce its crude oil and coal exports from this year if the government accepts a Ministry of Planning and Investment proposal to conserve reserves.   According to the proposal, Vietnam’s crude oil export will drop to 18.5 million tons this year from 18.8 million tons last year and to...

(EnergyAsia, January 17) — ABB India, the subsidiary of the Swiss engineering giant ABB, said it has landed a turnkey order worth around Rupees 4.39 billion to provide an enterprise wide Supervisory Control and Data Acquisition (SCADA) system for ONGC’s oil production and drilling facilities. ONGC is India’s largest oil and gas upstream company.  ...

(EnergyAsia, January 17) — India and China signed five memoranda on energy cooperation in Beijing last week. The agreements were signed by visiting Indian Petroleum and Natural Gas Minister Mani Shankar Aiyar and Ma Kai, minister in charge of China’s National Development and Reform Commission (NDRC).   Mr Aiyar and a delegation of Indian oil...

(EnergyAsia, January 17) — The landmark contract signed to supply China National Offshore Oil Corp’s (CNOOC) upcoming Fujian terminal with liquefied natural gas (LNG) from Indonesia’s Papua New Guinea (PNG) remains to be finalised, Indonesia’s Antara news agency reported.             Nico Kanter, executive director with BP Indonesia, which would supply the LNG from its Tangguh...

(EnergyAsia, January 17) — Goldwind Science Technology Co and China Power have ordered equipment worth 3 billion yuan (US$1=8.06 yuan) for their wind power generation projects in China, Xinhua reported.   The two companies plan to build two wind power projects, a 200,000 kilowatt (kW) project in Yangchen Dongtai, Jiangsu province, and another 100,000 kW...

(EnergyAsia, January 17) — The Indian state of Gujarat is planning to invest heavily in solar energy to power up its key cities, Ahmedabad and the capital of Gandhinagar, from this year, the Khaleej Times reported.             State planners want to set up solar plants in Gandhinagar and Ahmedabad to turn the cities to using...

(EnergyAsia, January 17)—India’s Department of Atomic Energy has identified and designated two new uranium mines deposits, Telegraph India reported.             The department’s Atomic Mineral Division said it will undertake feasibility studies of the deposits in Karnataka and Rajasthan states.             “If the feasibility report is a positive one, uranium mining can be carried out in...

(EnergyAsia, January 17) — Environmental and climate change scientists said last week’s climate conference in Sydney, Australia sought to endorse coal and nuclear, and would not help reduce greenhouse gas emissions output. The US-initiated meeting included Australia, China, India, Japan and Korea discussed nuclear power, clean coal technologies and industry-driven environment funds to combat climate...

(EnergyAsia, January 17) — The BP-operated Azerbaijan International Operating Company (AIOC) has begun producing oil at the West Azeri platform. The Azeri Project Phase 2 is part of the Azeri-Chirag-Gunashli (ACG) field development in the Azerbaijan sector of the Caspian Sea.             The parties to the Azeri-Chirag-Gunashli (ACG) production sharing agreement are BP (operator –...

(EnergyAsia, January 17) — Vietnam’s Ministry of Planning and Investment said it has granted a licence for the construction of a US$430 million solid waste treatment project, the country’s biggest environment project so far.   California Waste Solutions Company (CWS) will build and operate the project in Da Phuoc commune in Ho Chi Minh City’s...

(EnergyAsia, January 17) — Construction has begun on the world’s first combined solar-wind project.   The 5 megawatts (MW) pilot plant at Alandi in Maharashtra state is expected to come onstream in May 2006.   The Rs300 million plant is being built by Singapore-based MSC Power Corporation. Inventor Steven Mok sold the idea for a...

(EnergyAsia, January 17) — India and China signed five memoranda on energy cooperation in Beijing last week. The agreements were signed by visiting Indian Petroleum and Natural Gas Minister Mani Shankar Aiyar and Ma Kai, minister in charge of China’s National Development and Reform Commission (NDRC).   Mr Aiyar and a delegation of Indian oil...

(EnergyAsia, January 16) — The time to switch to alternative energy sources is now, energy experts told World Watch magazine.   Experts interviewed by the magazine agreed that oil will run out, although no one knows for sure when production will peak, or if it has already peaked. Assessing oil reserves is a guessing game...

(EnergyAsia, January 16) — Shanghai Turbo Enterprises Ltd, an engineering group that specialises in the production of precision vane products, said its initial public offering has received strong market interest for both the public offer and placement tranches. Its placement offer of 65 million shares were fully taken up.             The company said that at...

(EnergyAsia, January 16) — Foster Wheeler Energy Limited (FWEL) and its Singapore subsidiary, Foster Wheeler Eastern Private Limited (FWEPL), have been awarded contracts by Shell Eastern Petroleum (Pte) Ltd. (SEPL) for two basic design engineering packages (BDEP) associated with a world-scale ethylene oxide/mono-ethylene glycol (EO/MEG) plant and a significant refinery modification project in Singapore. FWEL...

(EnergyAsia, January 16) — The time to switch to alternative energy sources is now, energy experts told World Watch magazine.   Experts interviewed by the magazine agreed that oil will run out, although no one knows for sure when production will peak, or if it has already peaked. Assessing oil reserves is a guessing game...