(EnergyAsia, January 21, Wednesday) — The Philippine subsidiaries of majors Shell and Chevron have been forced to close their fuel depots in General Santos city after the local government turned down their appeals to let them continue to operate in the popular Bula district. Pilipinas Shell Petroleum Corp and Chevron Philippines Inc were unable to...
(EnergyAsia, January 21, Wednesday) — Coaltrans Conferences’ ‘22nd International Coal Supply Contracts and Transport Logistics’ will be held at the Hilton Hotel in Singapore from March 9 to 13. The course aims to provide delegates with a complete overview of the coal supply chain – from mining and movement of coal to its end uses. (more…)
(EnergyAsia, January 21, Wednesday) — China is planning to invest a total of 150-billion yuan through to 2015 to improve the railway infrastructure in coal-rich Shanxi province. The government expects to build 2,000 km of new rail tracks in northern Shanxi, with construction of three rail lines to start up as early as the first...
(EnergyAsia, January 21, Wednesday) — Ezra Holdings Limited, a Singapore-based support and marine services provider in the offshore oil and gas sector, has reported a 260% rise in net attributable profit (PATMI) to US$9.3 million for the quarter end November 2008 over the same period the previous year. The increase was made even after excluding...
(EnergyAsia, January 21, Wednesday) — Engineering firm Mott MacDonald said it has been appointed by the UAE’s Gulf Petrochem FZC to provide consultancy services for engineering, procurement and construction management (EPCM) services for an oil storage terminal project in Fujairah in the east coast of the UAE. When it starts up by end-2010, the US$100...
(EnergyAsia, January 21, Wednesday) — Hoku Materials Inc, a wholly owned subsidiary of Nasdaq-listed Hoku Scientific Inc which manufactures and sells polysilicon for the solar market, and Jiangxi Jinko Solar Company Ltd, a manufacturer of silicon ingots, wafers and related products in China, said they have agreed to amend the polysilicon supply agreement in effect...
(EnergyAsia, January 21, Wednesday) — Mitsubishi Corp and Canada’s Kitimat LNG Inc said they have signed a heads of agreement under which the Japanese trading house will acquire terminal capacity and a 30% equity stake in the proposed liquefied natural gas (LNG) export terminal in western Canada. Under the agreement, Mitsubishi Corp will commit to...
(EnergyAsia, January 21, Wednesday) — SunPower Corporation has agreed to build a 505-kilowatt solar power installation for Horizon Power, a government-owned company providing power to remote and regional communities and resource operations in Western Australia. The ground-mounted installation will be located on two sites in Marble Bar and Nullagine, in the east Pilbara region of...
(EnergyAsia, January 21, Wednesday) — Australia’s Origin Energy said it has started up its 640MW gas-fired Uranquinty power station, boosting electricity supply to New South Wales state last week. The peaking power station in the state’s south-west started up in time to help New South Wales meet extreme summer temperatures and record demand conditions. Last...
(EnergyAsia, January 21, Wednesday) — The Masdar Institute of Science and Technology has become the founding public member of the US-based Massachusetts Institute of Technology Energy Initiative (MITEI). MITEI said the collaboration will support ongoing research and development of alternative and renewable energy technologies and solutions, and will pursue new opportunities to help meet the...
(EnergyAsia, January 20, Tuesday) — ‘Designing and Building Fuel Cells’ is a hands-on guide for the design, modelling, and construction of fuel cells that perform as well or better than existing products on the market today. Written by Colleen S. Spiegel, the book features complete information on stack design, the latest fuel cell modelling techniques, (more…)
sets of contracts to add more than 16.8 million barrels of crude oil to the nation’s strategic petroleum reserve (SPR). In the first set, winners Shell Trading and Vitol will deliver a total of 10.683 million barrels of crude oil at a cost of $553 million to the SPR from February to April 2009. The...
(EnergyAsia, January 20, Tuesday) — The ‘Global Sustainable Feedstock, Biofuels and Biochemical Summit’ will be held at the JW Marriott Hotel in Kuala Lumpur, Malaysia from March 3 to 6. The conference will address critical issues including global demand for biofuels, challenges and opportunities, sustainable feedstock, cellulosic ethanol, waste-to-biofuel, as well as biochemical products. Issues (more…)
PetroChina, has begun use of its new 100,000-ton crude oil terminal at the Qingzhou Port in China’s southeastern Guanxi provice. The terminal was developed to serve PetroChina’s 10-million-ton-per-year oil refinery, which will process imported crude oil when it starts up later this year. The terminal is supported by two 100,000-tonne crude berths and two oil...
refinery early this month, barely two weeks after the start up of the 580,000-b/d plant. The cause of the accident was not known. Reliance Petroleum Limited (RPL) said the refinery at Jamnagar in the western state of Gujarat continued to operate and was not shut down. The plant, in which US major Chevron has a...
tonne-per-year oil refinery at Panipat in the northern state of Haryana this year. The refinery will be expanded by 25% to 15 million tonnes per year. The expansion follows IOC’s statement of intent to start producing high-quality fuels that meet Europe’s Euro-IV standard after April 2010. The company is also preparing to commission a...
Indonesia is pressing China to pay more for its liquefied natural gas (LNG) imports from the Tangguh field in Papua province. Under an earlier 25-year deal, China had signed on to pay US$2.40 per million British thermal units (mBtu). When oil prices rose sharply last year, the Indonesian government demanded that all its contracts...
extend its contracts to supply liquefied natural gas (LNG) to Japan beyond 2011. Pertamina would ship three million tonnes of LNG a year from its Bontang plant in Papua province to end users in Japan. In return, Japan will not seek compensation for Indonesia’s failure to meet contractual obligations to supply 90 LNG cargoes from...
a third of the country’s GDP to become its main economic sector. In the first nine months of 2008, the sector accounted for about 49% of Qatar’s overall GDP growth of about 59%. The gas sector grew by 108% compared with the nine-month period the year before. Its rapid growth has enabled it to surge...
certification and technical consultancy, said it has acquired International Refinery Services Pte Ltd (IRS ), a Singapore-based risk engineering and inspection management company. The acquisition will add to Germanischer Lloyd’s portfolio of services for the oil and gas sector, with Singapore a key area for future growth. The value of the acquisition was not disclosed....
advantage of the recent large decline in crude oil prices to purchase approximately 12 million barrels of crude oil for the nation’s Strategic Petroleum Reserve (SPR). The new stocks will replenish supplies sold following hurricanes Katrina and Rita in 2005. The US crude oil price has plunged from a record high of more than $147...
planning to build an oil storage terminal to serve the country’s first oil refinery due to start up next month. PV Oil said it will invest about US$250 million to store and distribute products from the 140,000-b/d oil refinery in Dung Quat. The terminal, which will be used to serve 2,000 retail outlets initially, is...
(EnergyAsia, January 19, Monday) — The ‘3rd Negotiating Successful Gas and LNG contracts’ workshop will be held at the Sheraton Dubai Creek Hotel and Towers in Dubai, UAE from February 23 to 26. Workshop organiser NeoEdge Pte Ltd said the advance course will provide detailed training that will enable participants to gain insight into the (more…)
to expand a liquefied natural gas (LNG) import terminal in China’s Fujian province. The contract, awarded by CNOOC Fujian LNG Co Ltd, covers work for engineering, procurement and construction of two additional 160,000 cubic meter full containment LNG storage tanks. The project is scheduled to be completed in 2011. “This award follows CB&I’s successful completion...
Turkmenistan sometime this year once it completes the construction of a mammoth pipeline project. Last month, state CNPC began construction of the 2,477-km eastern section of the pipeline linking Zhongwei county in the country’s western Ningxia region to the coastal city port of Guangdong. The project has been delayed by at least three months...