(EnergyAsia, July 18, Friday) — IBC Asia’s ‘Maritime Risk 2008’ will be held at the Orchard Hotel in Singapore from September 9 to 11. Delegates will learn from a panel of experts on maritime and shipping risks, and how to turn investments in risk management strategies into competitive advantages. The range of risks covered trading (more…)
(EnergyAsia, July 18, Friday) — Federal International (2000) Ltd, a Singapore-based engineering and procurement specialist supporting the energy and utility industries in Southeast Asia, said it has secured a ‘build, operate and own’ project through its business associate, PT Geolink Nusantara. The project calls for an oil pipeline installation in east and central Java, Indonesia. (more…)
(EnergyAsia, July 18, Friday) — India’s ministry of new and renewable energy (MNRE) said it would grant an incentive to independent power producers to use wind for generating power and feeding it into the national grid. Owners of the wind plants would bepaid an incentive of Rs0.50 per unit of electricity generated over a 10-year...
(EnergyAsia, July 18, Friday) — Solar Private, an Indo-Norwegian joint venture, plans to build a solar grade silicon plant in the Indian state of Himachal Pradesh. The Rs15 billion plant will have a design capacity of about 5,400 tonnes per year of silicon. (US$1=Rs43). The project would run on a newly patented Norwegian technology to...
(EnergyAsia, July 18, Friday) — The Indian government has spelt out a key role for solar energy in the country’s energy and environmental plan under its newly released and much anticipated climate change policy. The plan calls for the government and solar energy companies to work together to boost solar energy production and use in...
(EnergyAsia, July 18, Friday) — Advanced Holdings Ltd, a Singappore-based supplier of proprietary process equipment and technologies, clean energy solutions and environmental technologies, said its wholly-owned subsidiary, Advanced Environmental Technologies Pte Ltd (AET), will be investing S$1.8 million to build the country’s first biogas plant for local poultry company N&N Agricultural Farm. (US$1=S$1.35). The investment...
(EnergyAsia, July 18, Friday) — Talisman Energy Inc, an independent upstream oil and gas company based in Alberta, Canada, said two of its wholly-owned subsidiaries have entered into agreements with the Kurdistan Regional Government (KRG) within Iraq for interests in Blocks K44 and K39. Talisman will acquire a 40% interest in Block K44, with WesternZagros...
(EnergyAsia, July 18, Friday) — Yingli Green Energy, a China-based vertically integrated photovoltaic (PV) product manufacturer, said it has signed a contract to supply 10 MW of PV modules to Enfinity Management bvba, a renewable energy project developer based in Ghent, Belgium, from July to December 2008. Yingli Green Energy chairman and CEO Liansheng Miao...
(EnergyAsia, July 18, Friday) — Flordia, US-based Clean Coal Technologies Inc said it has signed a memorandum of understanding (MOU) with Sino-Mongolia International Railroad Systems Co Limited (SMIRSC) of Inner Mongolia Autonomous Region. The MOU amends a previous agreement and provides for specific milestones to determine the suitability of CCTI’s technology to enhance some two...
combat climate change. The plan focuses on what the government calls the pillars of sustainable development including the promotion of solar energy and energy efficiency, creating a sustainable habitat, water conservation, preservation of the Himalayan ecosystem, and sustainable agriculture. So far, New Delhi has not disclosed how it proposes to fund the action plan. Critics...
protest against soaring diesel prices and high fuel taxes. They have threatened to extend the strike which could jeopardise the supply of vital foodstuff and commodities in many parts of India that rely mostly on trucks for their logistics. Any disruption will deepen India’s economic gloom brought on by slow growth and rising inflation. A...
Rs3 trillion this year as world oil prices continue to rise. (US$1=Rs43). Earlier estimates placed the subsidy cost at Rs2.4 trillion for the year, but that was based on an oil price of US$123 per barrel. Oil has since soared to well over US140. Bowing to economic pressure, the Indian government recently increased domestic fuel...
its customers throughout the country and Singapore after fire damaged one of its gas processing plants in Terengganu state early this month. Production was down for about two days at the plant in Kertih town, crippling the local power distribution system. Petronas Gas customers including manufacturers and power companies like Singapore’s Senoko Power and Malaysia’s...
(EnergyAsia, July 17, Thursday) — The ‘FPSO Summit 2008’ will be held at the Amara Sanctuary Resort Sentosa in Singapore from September 16 to 17. Delegates will be able to assess the latest designs of floating vessels and evaluate the generic or specific design for the FPSO based on operating conditions and commerciality of fields. (more…)
(EnergyAsia, June 17, Thursday) — The Oxford Princeton Programme will be holding a one-day workshop on the ‘Overview of the Petroleum Industry’ in Singapore on October 13. Participants will learn about the oil supply chain starting with exploration and production to downstream trading, marketing and retailing. The basics of petroleum refining, transportation, refined product marketing (more…)
of 26 gigawatts (GW) by 2015, generating well over $20 billion in revenues, said NanoMarkets, a US-based consulant. In a study, the company said this “extraordinary” growth rate is due in part to the rapid deployment of photovoltaics of all kinds to low cost, flexibility and manufacturing advantages associated with TFPV compared with the now...
solutions to the international energy industries, recently opened its new training centre in Sakhalin to be operated by its technical training business, PKT. Among the 150 guests welcomed by the centre general director, Malcolm Young were Alexander Kislicin, vice-governor of Sakhalin region and Evgeniy Safonof, head of Sakhalin’s department of education The Sakhalin Technical Training...
tariff-setting to ensure that power firms have the incentive to invest and upgrade their plants, an industry association said. The Asean Power Utilities/Authorities (Hapua) group said government restrictions on electricity rates were harming the financial strength of power utilities and deterring them from investing in much-needed new capacities. ASEAN stands for the 10-member Association of...
industry, now one of the world’s largest. The country is home to several leading manufacturers of photovoltaic cells, mostly for the export markets. While China has national standards in place for solar water-heating, it has yet to set standards for solar-power generation. Officials said they are aiming to put in place standards governing solar energy components...
(EnergyAsia, July 16, Wednesday) — The ‘China Power Oil and Gas’ conference will be held in Guangzhou city, China from September 2 to 4. Jointly organised by PennWell Corporation and the China Chamber of Commerce for Import and Export of Machinery and Electronic Products (CCCME), the conference aims to bring together power, oil and gas (more…)
(EnergyAsia, July 16, Wednesday) — PTT Exploration and Production (PTTEP) plans to join its parent, PTT Plc, in developing a liquefied natural gas (LNG) plant. The 30-billion-baht receiving terminal at Map Ta Phut is expected start up at the end of 2011 with an annual capacity of five million tonnes. (US$1=33 baht). So far, PTT...
(EnergyAsia, July 16, Wednesday) — The Sri Lankan government has threatened to nationalise Indian Oil’s 160 local fuel depots in a dispute over diesel retail prices. Bowing to populist pressures as world oil prices continue to rise, the government has demanded that Indian Oil reduce its diesel prices at the pump. IndianOil now sells its...
(EnergyAsia, July 16, Wednesday) — Indonesia has announced it plans to raise the price of its natural gas exports under existing contracts with buyers in China, South Korea and Malaysia. The prices were set at relatively low levels under long-term contracts years ago before the energy markets came to life. In recent years, natural gas...
(EnergyAsia, July 16, Wednesday) — The incremental expansion at Reliance Industries’ new refinery in India will help boost the world supply of gasoline and diesel by about 1%. The export-oriented 29-million-tonne per year refinery in Jamnagar in Gujarat state is equipped to process heavy and sour crudes to produce the quality fuels needed in faraway...
(EnergyAsia, July 16, Wednesday) — Canadian energy firm Enbridge is accelerating plans for a crude oil pipeline that would transport Alberta’s heavy oil to British Columbia, from where it would be shipped by super-tankers to markets in Asia. Enbridge is looking at Asia as an attractive option to export the oilsands which are heavy and...