(EnergyAsia, September 1) — Carbon Expo Asia is this year’s gateway to the Asian carbon market. To be held on October 26-27 2006 in Beijing, China, Carbon Expo Asia, is your opportunity to be one of the first movers on the Asian carbon market, one of the leading markets in the Clean Development Mechanism (CDM)....
(EnergyAsia, September 1) — China Petroleum & Chemical Corporation or Sinopec Corp said its first half net profit jumped 14.6% to RMB20.68 billion over the same period last year while its income rose 34.17% to nearly RMB482 billion. (US$1=RMB7.95). Its revenue operating revenues was RMB493.13 billion, an increase of 33.8% while profit attributable to shareholders...
(EnergyAsia, September 1) — Forget oil trading. With oil at US$70 a barrel, and markets liberalising to deal with supply-demand challenges, the action is in energy exchanges as they sprout and expand in Asia and the Middle East, becoming as interesting and innovative as the oil trade itself. This year has witnessed the flowering of...
(EnergyAsia, September 1) — Dubai-based Tropicana DMCC has just acquired and started operating a small terminal in the port town of Karwar in Karnataka state on India’s west coast. In an interview with EnergyAsia, Tropicana vice-president P.S. Menon also provided an update on its other terminal in Cochin Port, and the company’s growth prospects in...
(EnergyAsia, September 1) — Over the last decade, two concepts have increasingly made their way into our thinking on the roles of governments and corporations in governing countries and managing resources. ‘Failed state’ is appearing with greater frequency to describe governments and countries that fail to provide for the security, safety and the basic...
(EnergyAsia, September 1) — Sasol is looking at well beyond the success of its feasibility studies to build two 80,000 b/d coal-to-liquids (CTL) plants in China. The South African energy and chemicals major is seeking to leverage its global leadership in CTL-technology with China’s efforts to tap its massive coal reserves to reduce its reliance...
(EnergyAsia, September 1) — India’s wind equipment company Suzlon Energy, said it has landed breakthrough contracts with Italy’s Maestrale Green Energy and Portugal’s TECNEIRA – Tecnologias Energéticas, SA. Maestrale Green Energy and its equity partner, Deutsche Bank AG”s Renewable Energy Principal Finance Group have, through Maestrale Project Holding SA, awarded Suzlon Energy A/S a...
(EnergyAsia, September 1) — These are some of the most pressing issues today: How high will oil prices go, and how do you deal with it? In recent years, oil prices have been driven up by strong global demand, rising geopolitical risks and fears that the world’s oil reserves have peaked with production increasingly strained...
(EnergyAsia, September 1) — The Dubai Mercantile Exchange (DME), the Middle East’s first energy futures exchange, plans to launch its first contract based on Oman crude oil in the fourth quarter. CEO Gary King, a trained geologist who became an oil trader, is leading the charge to transform the way the region buys, sells, prices...
(EnergyAsia, September 1) — China has vowed to crack down on waste, raise prices and further ease controls on energy markets with the aim of motivating households and industry to consume less oil and electricity. The measures considered are sweeping as they aim not only at oil but also other resources as well – coal,...