(EnergyAsia, September 9, Wednesday) — Singapore’s leading science agency A*STAR said it has awarded S$27.5 million in research funding for 28 sustainable development projects covering carbon capture and utilisation, bioenergy and biofuels, sustainable construction, and sustainable materials. (US$1=S$1.43). A*STAR said the funding from its Science and Engineering Research Council (SERC) will support research teams from...
US: Climate change bill to cost two million jobs, lower GDP growth, says study
(EnergyAsia, September 9, Wednesday) — Already reeling from the worst recession since the Great Depression of 1930, US manufacturers and job seekers have been given further cause for worry with proposed legislation to reduce greenhouse gas emissions. According to a study by the National Association of Manufacturers and the American Council for Capital Formation, proposed...
ASIA: Solar energy market shifting from Europe and US to the Far East, says Frost & Sullivan
(EnergyAsia, September 9, Wednesday) — Solar power is shifting away from the West to the Asia Pacific region, said consultant Frost & Sullivan. The global solar power industry is going through turbulent times, with reports of slowdown in expansion programmes, restructuring, lower revenue and profit forecasts, and cuts in production levels. According to consultant Frost...
ANGOLA: Chevron and USAID pledge further support
(EnergyAsia, September 8, Tuesday) — Chevron Corp, the US Agency for International Development (USAID) and the Cooperative League of the USA (CLUSA) said they have formed a new partnership to support Angola’s continued focus on developing a diversified and sustainable economy. They signed a memorandum of understanding in Luanda, Angola during last month’s visit by...
CHINA: Singapore’s Keppel to develop eco-homes and commercial developments in Tianjin eco-city
(EnergyAsia, September 8, Tuesday) — Singapore’s Keppel Corporation Limited said it and subsidiary Keppel Land Limited will each acquire equity in a 36.8-ha site in the four-sq km start-up area of an eco-city in Tianjin city in China. Keppel Corp will have a 45% stake while Keppel Land will take up the majority 55% share...
ASIA: Small-scale biofuel projects better than large-scale, says US study
(EnergyAsia, September 8, Tuesday) — Decentralised, small-scale production of biofuels offers the potential to provide energy to half a billion rural poor in developing Asia in a commercially viable and socially beneficial manner, according to a report sponsored by the US Agency for International Development (USAID). The report, “Biofuels in Asia: An Analysis of Sustainability...
AUSTRALIA: Senate passes renewable energy bill
(EnergyAsia, September 8, Tuesday) — Australia’s Senate has passed a bill requiring the country to generate 20% of its power from renewable energy sources, potentially attracting US$22 billion of investments into the sector. It is estimated that about 11,000 megawatts of new capacity would have to be built to achieve the target. The new act,...
NIGERIA: Oil minister blames rebels for missed GDP targets from huge loss of oil production
(EnergyAsia, September 8, Tuesday) — Nigeria is unlikely to meet its ambitious GDP targets over the next few years as growing violence has sharply curbed oil and gas production in the oil-rich Niger Delta. Briefing senior government officials recently, Petroleum Minister Rilwanu Lukman revealed that the country is losing more than one million b/d...
US: Government awards US$2 billion grants for development of EV battery and components technology
(EnergyAsia, September 8, Tuesday) — The US government has awarded more than US$2 billion in grants to private companies to develop batteries and components for use in electric vehicles which it hopes will revitalise the auto sector and create jobs in the renewable energy industry. Asian companies now dominate in the production of EV batteries....
NEW ZEALAND: Meridian Energy acquire Cleantech America
(EnergyAsia, September 8, Tuesday) — Meridian Energy, New Zealand’s largest electricity generator from renewable resources, said it has purchased Cleantech America, Inc, the San Francisco-based developer of utility scale photovoltaic solar farms. Cleantech America’s first project, CalRENEW-1, is a five-megawatt photovoltaic solar utility-scale facility in Mendota, California that has been approved by the California Public...
WORLD: Hydropower has role in combating poverty and climate change, and providing energy, says World
(EnergyAsia, September 8, Tuesday) — The World Bank Group has endorsed hydropower development as a multipurpose solution for countries to reduce poverty, combat climate change and manage water resources. In a special report, Directions in Hydropower, the World Bank Group, encompassing the World Bank, IFC and MIGA, described the current period as timely and...
INDONESIA: Technip awarded contract for an oil recovery trial project in Sumatra
(EnergyAsia, September 7, Monday) — French engineering firm Technip said it has been awarded a lump sum contract by PT. Chevron Pacific Indonesia to provide services for the Minas field located in Sumatra, Indonesia. The contract covers detail engineering, project management, procurement assistance and construction management for water treatment and cooling facilities, polymer and...
AUSTRALIA: Origin Energy starts up Cullerin Range wind farm in New South Wales
(EnergyAsia, September 7, Monday) — Australia’s leading integrated energy company, Origin Energy, said its 30 megawatt (MW) Cullerin Range wind farm, located 30 km west of Goulburn in New South Wales (NSW), has begun generating power. This is the first wind farm to become fully operational in that state. The company said the A$95 million...
SINGAPORE: Keppel delivers second DSS 21 semisubmersible rig to Maersk Drilling
(EnergyAsia, September 7, Monday) — Singapore’s Keppel FELS Ltd, a subsidiary of Keppel Offshore & Marine Ltd (Keppel O&M), said it has delivered the second of three DSS 21 deepwater rigs to Maersk Drilling. Maersk Discoverer has been contracted by Woodside Energy for drilling operations in Australia for three years. Keppel O&M said it is...
VIETNAM: Cavico awarded additional $12 million project for work at Dakdrinh hydropower plant
(EnergyAsia, September 7, Monday) — Cavico Corp, a leading infrastructure development company based in Vietnam, said its wholly owned subsidiary, Cavico Transport Construction JSC, has been awarded additional work from the Dakdrinh Hydropower Joint Stock Company for stone processing related to its hydropower plant in Son Tan village in Quang Ngai province. Cavico said the...
ANGOLA: Chevron expects to start producing oil from Tombua-Landana field this year
(EnergyAsia, September 7, Monday) — Chevron Corp said it expects to start producing oil from its estimated 800-milion-barrel Tombua-Landana field in Angola sometime this year. Start-up had originally been scheduled for this quarter, but this is could be delayed till the last quarter. Chevron said it has invested $3.8 billion into developing the Tombua-Landana field,...
CHINA: ReneSola to develop 150 MW on-grid solar power project in Wuzhong city
(EnergyAsia, September 7, Monday) — ReneSola Ltd, a leading vertically integrated Chinese manufacturer of solar products, said it has been granted the exclusive right in a letter of intent to develop a 150 megawatt (MW) on- grid solar power project in Taiyangshan Development Zone in Wuzhong city in Ningxia Hui Autonomous Region. The RMB 4.8...
GHANA: Takoradi Port to be developed into major oil services port
(EnergyAsia, September 7, Monday) — The Ghana Ports and Harbours Authority (GPHA) plans to invest US$700 million to rehabilitate the Takoradi Port into the most preferred port in West Africa, particularly to serve the region’s booming oil and gas industry. The agency will initially pump in US$50 million for a project to be tendered...
NIGERIA: Shell’s oilfield resumes operations after more than three years
(EnergyAsia, September 7, Monday) — Shell Petroleum Development Company of Nigeria Limited (SPDC), a joint venture led by the Anglo Dutch major, said it has resumed production at its EA oilfield in Bayelsa state after more than three years. Production was suspended in February 2006 when the platform became one of the first military targets...
AUSTRALIA: New South Wales state to have country’s largest wind farm
(EnergyAsia, September 4, Friday) — The Australian government has approved the country’s largest wind farm project to be developed at Broken Hill town in New South Wales state. The 1,000MW farm will comprise 600 turbines on a 32,000-hectare site. Officials said the A$1.7 billion project will generate electricity for over 400,000 homes. Initially, the developers...
SINGAPORE: Demand surged for tankers to store gasoil
(EnergyAsia, September 4, Friday) — Shipbrokers have reported receiving a surge in orders for tankers to store gasoil in the waters off Singapore the past two months. They estimate that tankers are now being used to store about 1.5 million metric tonnes of gasoil due to the favourable contango markets in play in Singapore. The...
SINGAPORE: Piped natural gas imports from Indonesia and Malaysia to rise
(EnergyAsia, September 4, Friday) — Singapore is expected to pipe in more natural gas from Indonesia and Malaysia over the next few years as new deals for imports from the two countries take effect and demand recovers. Keppel Gas has a deal worth more than US$3 billion to supply ExxonMobil’s refinery and petrochemical complex on...
SINGAPORE: ExxonMobil clarifies petrochem plant investment decision
(EnergyAsia, September 4, Friday) — Exxon Mobil decided to invest in a second petrochemical complex in Singapore in August 2007, way before its board of directors visited the city state in March this year, the oil giant clarified in a statement. The clarification followed recent remarks by Singapore’s Minister Mentor Lee Kuan Yew that the...
INDONESIA: Chevron inks new gas deal with ConocoPhillips
(EnergyAsia, September 4, Friday) — US major Chevron Corp will buy natural gas from ConocoPhillips in Indonesia under a preliminary $2.5 billion deal. Chevron will use the gas to improve recovery of oil from its Duri field in Central Sumatra to help it meet production targets. The US major is said to be producing 300,000...
CHINA: A-Power Energy to acquire Japanese thin-film start-up
(EnergyAsia, September 4, Friday) — A-Power Energy Generation Systems, a provider of distributed power generation systems in China and manufacturer of wind turbines, said it has signed a memorandum of understanding to acquire Evatech Co Ltd, a 22-year-old Japanese designer and manufacturer of industrial equipment for liquid crystal displays (LCD) and plasma display panels (PDPs)....