AUSTRALIA: ‘Queensland Power and Gas 2008’ conference in Brisbane from October 20 to 23

(EnergyAsia, September 26, Friday) — The ‘Queensland Power and Gas 2008’ conference will be held at the Stamford Plaza hotel in Brisbane, Australia from October 20 to 23. Topics addressed include Queensland energy market outlook, investing in Queensland’s infrastructure, sustainability challenges, fuel source outlook, the retail environment and consumer behaviour, meter-to-cash technologies, market innovations, the (more…)

CHINA: ‘Conference of the Electric Power Supply Industry (CEPSI)’ in Macau from October 27 to 31

(EnergyAsia, September 26, Friday) — ‘Conference of the Electric Power Supply Industry (CEPSI)’ will be held at the Venetian Macao-Resort-Hotel in Macau, China on October 27 to 31. This bi-annual conference and exhibition offers a vital meeting for the electricity industry in Asia. Member countries are appointed to host the conference on a rotational basis. (more…)

SINGAPORE: ‘STOCEXPO ASIA’ to be held from October 15 to 16

(EnergyAsia, September 26, Friday) — ‘StocExpo Asia’ will be held at the Suntec International Convention and Exhibition centre in Singapore from October 15 to 16. StocExpo Asia 2008 will focus on the oil, gas and chemicals storage sector in the Asia Pacific. The conference is recommended for terminal managers, commercial and business development managers, inspection (more…)

MARKETS: Wall Street bailout will raise oil prices, inflation and interest rates, says Canada’s CIBC

will help avert a meltdown in the world’s financial system but will inflict higher inflation and higher interest rates on the economy, said Canada’s CIBC World Markets. “While the cost of taking another path will never be known, the cost of the one chosen is clear enough,” said Jeff Rubin, chief economist and chief strategist...

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CHINA: Coal markets conference in Beijing from October 9 to 10

(EnergyAsia, September 26, Friday) — ‘China Coal Markets Conference 2008’ will be held at the Kempinski Hotel in Beijing, China from October 9 to 10. China is a key player in the world coal markets today. Rising domestic prices have caused anxiety to spread in the international coal community as to whether Beijing will curtail (more…)

JAPAN: Idemitsu invests in Chiba refinery

cracking unit at its 220,000 b/d Chiba refinery near Tokyo. (US$1=107 yen). The upgrade, to be completed by 2011, will boost the refinery’s naphtha and propylene output by 260,000 kilolitres per year at the expense of heavy fuel for which demand has declined. The refinery’s fluid catalytic cracking unit has a capacity of 45,000 b/d....

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SOUTH KOREA: Seoul renews crude stockpiling deal with Algeria’s Sonatrach

Sonatrach, with an extension to May 2011. The arrangement is for the stockpiling 4.6 million barrels of crude oil. Under the deal, South Korea has first rights to buy the stockpiled crude oil in the event of an emergency leading to an oil shortage. The country has joint stockpile deals with a number of other...

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SOUTH KOREA: Firms to boost Yeosu storage

southern port of Yeosu to six million barrels by 2011. The project is aimed at positioning South Korea as a major oil storage hub in Northeast Asia. The joint venture partners include run Korea National Oil Corp. (KNOC), refiner SK Energy, GS-Caltex, Oiltanking Asia Pacific and Glencore Singapore. KNOC, which holds a 29% stake, plans...

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MIDDLE EAST: New projects to boost oil output by 10 million b/d by 2015

2015 if all expansion projects are realised, consultants Proleads said in a new study. According to the research firm, world oil production could hit 108 million b/d by 2015, up from 87 million b/d now, with about half of the incremental production coming from the GCC region. Prolead’s analysis is based on tracking nearly 300...

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CHINA: Venezuela plans to build another two joint venture refineries

would jointly build two new oil refineries with Chinese companies in China as it looks to step up ties with the world’s second largest oil consumer. Speaking at the start of his visit to Beijing, Mr Chavez said the refineries would use heavy Venezuelan crude oil that will be shipped in by a new joint...

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MONGOLIA: Red Hill Energy receives government environmental approval for 208.8- million-tonne coal p

impact assessment (DEIA) and environmental protection plan (EPP) for its Ulaan Ovoo coal project in that country. The approval by the Ministry of Nature and the Environment is required under Mongolia’s 2006 Minerals Law and 1995 Environmental Protection Law, said the Vancouver, British Columbia-based company. Red Hill Energy said Ulaan Ovoo contains 208.8 million tonnes...

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SINGAPORE: ‘4th Asia Refining’ to be held at Marina Mandarin from October 16 to 17

  Admin@EnergyAsia.com. (EnergyAsia, September 25, Thursday) — The 4th Asia Refining Conference’ will be held at the Marina Mandarin hotel in Singapore from October 16 to 17. Despite record oil prices, Asia’s refining sector remains robust with capacity growth in China, India and West Asia. Global fuel demand is expected to remain buoyant and strong (more…)

SINGAPORE: ‘Ethanol and Biofuels Asia 2008’ to be held at Grand Hyatt from October 7 to 10

  Admin@EnergyAsia.com. (EnergyAsia, September 25, Thursday) — The ‘Ethanol and Biofuels Asia 2008’ conference will be held at the Grand Hyatt hotel in Singapore from October 7 to 10. The conference will discuss the entire biofuels supply chain from upstream to downstream where regulators, producers, feedstock suppliers, technology providers, project developers, oil companies, consumers, financiers (more…)

SINGAPORE: IBC Asia’s ‘SIBCON 2008’ to be held at Shangri-La Hotel from October 15 to 17

  (EnergyAsia, September 25, Thursday) — The ‘15th Singapore International Bunkering Conference’ or better known as ‘SIBCON 2008’, will be held at the Shangri-La hotel from October 15 to 17. Built on the theme of ‘Powering Global Shipping: The Marine Fuels Challenge’, SIBCON 2008 will focus on regulatory, environmental and market issues issues affecting the (more…)

SINGAPORE: Terrapinn’s ‘Solar Asia 2008’ to be held at the Grand Hyatt from October 8 and 9

  Admin@EnergyAsia.com. (EnergyAsia, September 25, Thursday) — ‘Solar Energy Asia 2008’ will be held at the Grand Hyatt hotel in Singapore from October 8 and 9. The conference aims to bring together key players to network, discuss strategic, regulatory, technical and economic issues, identify opportunities, and make deals in a fast evolving industry. Topics covered (more…)

TAIWAN: Sunwell starts thin film production

(EnergyAsia, September 24, Wednesday) — Sunwell, a wholly owned subsidiary of Taiwan’s CMC Magnetics, has started mass production at its Taiwan-based thin film PV plant. Over the past month, more than 10,000 solar panels were produced with an Oerlikon Solar end-to-end fabrication solution. All contract parameters for SOP (start of production) were met nearly one...

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SINGAPORE: ‘APPEC 2008’ to attract more than 3,000 industry professionals

(EnergyAsia, September 24, Wednesday) — The’ 24th Asia-Pacific Petroleum Conference’ (APPEC 2008) will be held at the Raffles City Convention Centre in Singapore from October 21 to 23. Since the inaugural event in 1985, the APPEC series has grown to become one of the most important annual fora for the Asian oil and gas industry. (more…)

SINGAPORE: Latham & Watkins advised Lion Power Holdings in successful bid for Senoko Power Limited

(EnergyAsia, September 24, Wednesday) — Law firm Latham & Watkins said it advised an international consortium, Lion Power Holdings, on its successful bid for Singapore’s largest power company, Senoko Power Limited. Early this month, Lion Power, led by Japanese trading house Marubeni Corp, signed a share purchase agreement with Singapore’s Temasek Holdings (Private) Limited for...

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CHINA: World leader in renewable energy

(EnergyAsia, September 24, Wednesday) — China is the world leader in installed renewable energy capacity, according to a report by non-profit Climate Group. The country’s installed renewable power capacity has reached 152 gigawatts (GW), due mainly to its large hydroelectric and wind power plants. This compares with around 101 GW of renewable energy capacity in...

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CHINA: Coal shortages could trigger power cuts

(EnergyAsia, September 24, Wednesday) — Worsening shortages of coal, which accounts for 78% of China’s electricity generation, could cause major electricity blackouts in China this year. The country’s power plants have coal reserves for only 11 days of operations, China’s State Electricity Regulatory Commission (SERC) said in a report. Another issue affecting operations at power...

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AUSTRALIA: Woodside says customers will have to bear condensate tax

(EnergyAsia, September 24, Wednesday) —Australian upstream company Woodside Petroleum plans to pass on the country’s new tax on condensates to its customers in Western Australia state. Canberra expects to raise an estimated A$2.5 billion from the new tax over the coming four years. (US$1 = A$1.20). The government’s recent budget in May surprised everyone with...

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IRAQ: Shell sign agreement to develop large natural gas reserves

(EnergyAsia, September 24, Wednesday) — Iraq’s Oil Ministry and a wholly owned affiliate of Royal Dutch Shell plc have signed a Heads of Agreement to establish a joint venture between the South Gas Company and Shell to  process and market all associated natural gas produced in the Basra in southern Iraq, an area covering some...

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CHINA: Singapore-listed Wilmar to pay US$36 million for 15% stake in Fortune Gas

(EnergyAsia, September 24, Wednesday) — Singapore’s Wilmar International Limited said it and Star Medal, a wholly-owned subsidiary of Kerry Holdings Limited belonging to Kuok Group in Hong Kong, will each invest US$36 million for a 15% stake in Fortune Gas Investment Holdings Limited. Fortune Gas is the newly created gas subsidiary of Hong Kong’s Fortune...

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CHINA: Trina Solar expands polysilicon purchase contract with GCL Silicon

(EnergyAsia, September 24, Wednesday) — China’s Trina Solar said its subsidiary, Changzhou Trina Solar Energy Co Ltd, has signed a supplemental agreement to the long-term polysilicon supply agreement with a subsidiary of GCL Silicon Technology. Together with the original supply agreement announced in April, GCL Silicon Technology will supply Trina Solar with virgin polysilicon and...

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CHINA: Singapore Petroleum Company opens upstream branch office in Shekou

(EnergyAsia, September 24, Wednesday) — Singapore Petroleum Company Limited (SPC) said it has officially opened an upstream branch office in China to operate and manage its growing operations in that country. SPC E&P (China) Pte Ltd is based in Shekou port in Guangdong province.SPC holds interests in three acreages in China, namely Block 26/18 in...

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