(EnergyAsia, June 2) — Two tie-in modules for Sakhalin Energy’s Molikpaq platform, fabricated in the Abu Dhabi-based Gulf Piping yard, have started their 35-day and 11,000 km journey to Sakhalin on board a 160 m long self propelled vessel. Sakhalin Energy Investment Co said: “Completion and load out of the modules bring Sakhalin Energy...
(EnergyAsia, June 2) — Vallibel Power Erathne, a newly listed Sri Lankan hydro-electricity company, is hoping to boost its existing 19MW power generating capacity to 45 megawatt (MW) in the coming years. Vallibel issued Rs400 million worth of shares to finance new small hydro projects. (US$1=Rs103). Its Erathne unit is the largest mini-hydro project to...
(EnergyAsia, June 2) — Business group PT Rajawali Nusantara Indonesia is planning to switch to using to oil derived from the jatropha crop to power 10 of its sugar mills. The company currently uses fuel oil as the power source for its mills. The use of biofuel from the jatropha crop is expected to...
(EnergyAsia, June 2) — India’s installed wind power capacity grew by 45% for the year ending March 31 2006. Total wind power generation capacity reached 5,200 megawatt (MW) on March 31 2006, up from 3,595 MW the previous year. Tamil Nadu state was the growth leader, contributing nearly 870 MW in new capacity....
(EnergyAsia, June 2) — Philippines’ Malacanang Palace has appealed to legislators to pass the Biofuels Act, which aims to encourage more investments in alternative fuel sources like ethanol and coco-diesel. The act could provide a rallying point for the country’s agricultural resources to be channeled into the biofuels industry and help the government deal with...
(EnergyAsia, June 2) — Japan’s Mitsubishi Heavy Industries Ltd (MHI) said it has received an order through Sumitomo Corporation for two blast-furnace-gas (BFG) fired gas turbine combined-cycle (GTCC) power generation units for the Alchevsk Iron and Steel Works, an affiliate of Ukraine’s Industrial Union of Donbass Corp (IUD). The new units are scheduled to...
(EnergyAsia, June 2) — US major Chevron Corporation said it has formed a biofuels business unit to advance technology and pursue commercial opportunities related to the production and distribution of ethanol and biodiesel in the US. Chevron announces the business unit in Galveston, Texas, where the company participated in a groundbreaking ceremony to inaugurate construction...
(EnergyAsia, June 2) — GE Energy said its nuclear business has signed an exclusive agreement with Australian technology company Silex Systems Limited to license the technology and develop its next generation low enriched uranium manufacturing process in the US. The transaction is subject to governmental approvals and regulatory controls on the design, construction and operation...
(EnergyAsia, June 2) — The Australian Gas Light Company (AGL) and CS Energy Limited have signed a joint development agreement (JDA) to investigate upgrading the 325 megawatt (MW) Mica Creek gas-fired power station at Mount Isa. In a statement, AGL said it will take the lead role in procuring and transporting the additional long...
(EnergyAsia, June 2) — Singapore’s SembCorp Marine said that it has divested its entire 82% equity stake in Kristiansand Drilling Pte Ltd to Deep Drilling I Pte Ltd for US$97 million in cash. The rig’s minority shareholder decided to exercise its call option granted in January 2004. SembCorp Marine said it made a net...
(EnergyAsia, June 1) — Indian upstream company ONGC Videsh Ltd (OVL) said it has been awarded a 30% interest in six exploration blocks in Cuba. In a statemen,t OVL said the Cuban government awarded the stakes in Blocks 25, 26, 27, 28 29 and 30. Last September, OVL had signed an agreement with Spain’s...
(EnergyAsia, June 1) — Japan and China have ended a three-day forum in Tokyo this week to step up energy cooperation between the two countries. They signed several agreements with Japan committing to helping China improve its energy efficiency and conserving the environment. The event was attended by about 800 government officials, business representatives...
(EnergyAsia, June 1) — Two Indian firms, Mahalaxmi Construction Corporation Ltd of Pune and its sister company RDS Construction Ltd, said they have received carbon credits from the UK’s Climate Care company. The credits will be made in the form of payments of Rs350,000 to each company, with one credit representing one tonne of carbon...
(EnergyAsia, June 1) — India’s solar water heating programme appears to be taking off with some 19 banks and other financial institution providing favourable loans to home and building users. Under the programme, New Delhi aims to significantly widen the scope of solar water heating applications. The supporting financial institutions include Canara Bank,...
(EnergyAsia, June 1) — Biodiesel producer Australian Renewable Fuels Ltd (ARFuels) said it has landed a four-year deal to supply up to 45 million litres to West Australia’s fuel distributor, Westfuel. The agreement, worth A$200 million, carries a clause for a guaranteed minimum volume. (US$1=A$1.33). ARFuels founder and managing director Darryl Butcher said the...
(EnergyAsia, June 1) — The Indonesian government said it plans to start building four new biodiesel plants this year as part of its strategy to boost alternative energy. The projects costing a total of Rp300 billion will be located in Kalimantan and Sumatra and are in the country. (US$1=Rp9,300). The government said it aims...
(EnergyAsia, June 1) — Japan is unlikely to meet its targeted use of environmentally friendly biomass energy sources, Japan Economic Newswire reported. Under a 2005 plan to help meet Japan’s commitments under the Kyoto climate change accord, Tokyo set a target of replacing over 3 million kilolitre (kl) of conventional oil with biomass energy by...
(EnergyAsia, June 1) — Local environmental groups want the Taiwanese government to set specific timelines and goals for the reduction of carbon dioxide (CO2) emissions. Let by the Taiwan Environmental Protection Union, the activists want the government to issue concrete emission reduction targets for private industries. They are also demanding a plan to show...
(EnergyAsia, June 1) — Technical assistance from the US Trade and Development Agency (USTDA) has resulted in the signing of a $56 million contract between US’s Caterpillar Inc and China’s Shanxi Jincheng Anthracite Coal Mining Group (JMG). According to a USTDA announcement, the contract covers the provision of gas engines and other equipment and...
(EnergyAsia, June 1) — Scotland-based BJ Process and Pipeline Services (BJ PPS) said it has been awarded a contract to provide pipeline pre-commissioning services in China. These services will be carried out for the unnamed ‘major offshore construction contractor’ on the Chunxiao gas complex located off the city of Ningbo in Zhejiang Province. The...