(EnergyAsia, March 16 2012, Friday) — Cummins Westport Inc is completing a factory to build the ISX12 G, a 12-litre heavy-duty natural gas engine for use in long-haul truck, tractor, vocational and refuse applications.  The new ISX12 G, based on the Cummins ISX12 diesel engine platform, is in field trials with full production expected in (more…)

(EnergyAsia, March 16 2012, Friday) — Lawyers acting for Bangladesh have claimed victory in the country’s territorial dispute with Myanmar over a full 320-km exclusive economic zone in the Bay of Bengal, and to a substantial share of the outer continental shelf beyond 320 km. According to US-based Foley Hoag LLP, the International Tribunal for (more…)

(EnergyAsia, March 15 2012, Thursday) — Norway’s Höegh LNG has signed an agreement to provide Indonesian state utility PT Perusahaan Gas Negara (PGN) with a floating storage and regasification (FSRU) and mooring system off the coast of Indonesia’s North Sumatra province from September 2013. Höegh LNG, which has contracted South Korea’s Hyundai Heavy Industries Ltd (more…)

(EnergyAsia, March 15 2012, Thursday) — UK major BP said it plans to sell off its liquefied petroleum gas (LPG) bottling and tank filling operations in several countries as well as its non refinery-integrated wholesale business by end-2013. Also included in the sale of the businesses in Portugal, UK, Austria, Poland, Netherlands, Belgium, Turkey, China (more…)

(EnergyAsia, March 14 2012, Wednesday) — The World Energy Council (WEC) said the Fukushima nuclear plant disaster in Japan in March 2011 had limited impact on the nuclear energy plans of many countries around the world. In a report, ‘World Energy Perspective: Nuclear Energy One Year After Fukushima’, WEC found that “very little has changed, (more…)

(EnergyAsia, March 14 2012, Wednesday)— German chemicals giant BASF has made three senior appointments to oversee its paper chemicals, crop protection and mobile emissions catalysts business units in the Asia Pacific region. Lin Heng, who joined BASF-YPC Company Ltd as senior legal counsel in 2001, has been appointed as senior vice president to lead the (more…)

(EnergyAsia, March 14 2012, Wednesday) — US ratings agency Fitch said Indonesia’s coal mining sector faces strong growth prospects but “can benefit from clearer and more predictable regulations.” “Fitch expects medium-term demand-supply dynamics for thermal coal to remain well balanced, leading to healthy prices and strong operational cash flows for Indonesian coal miners,” said Shahim (more…)

(EnergyAsia, March 14 2012, Wednesday) — An equal engineering and construction joint venture between Australia’s Clough Limited and BAM International of the Netherlands said it has received a letter of intent for a A$140 million contract to design and construct a liquefied natural gas (LNG) project near Darwin city in Australia’s Northern Territory. BAM Clough (more…)

(EnergyAsia, March 14 2012, Wednesday) — Riding on Asia’s economic boom, Australia’s resources and energy export earnings rose 15% to a record A$190 billion in 2011, said the Bureau of Resources and Energy Economics (BREE). (US$1=A$0.93). The main items of export include iron ore, coal, liquefied natural gas (LNG), oil and base metals. Iron ore (more…)

(EnergyAsia, March 13 2012, Tuesday) — Keppel Offshore & Marine Technology Centre (KOMtech), the design and engineering arm of Singapore’s Keppel Offshore & Marine (Keppel O&M), said it and US oil company, ConocoPhillips, are jointly designing a new jackup rig to operate in one of the harshest marine frontiers, the Arctic Seas. This jackup rig (more…)

(EnergyAsia, March 12 2012, Monday) — A consortium comprising Japan’s Sumitomo Corporation, PT Supreme Energy and International Power – GDF SUEZ has agreed to jointly develop as well as purchase electricity from two world-scale geothermal power projects on Sumatra Island in Indonesia. The consortium signed power purchase agreements (PPA) with Indonesian state utility PLN through (more…)

(EnergyAsia, March 12 2012, Monday) — Canada’s Talisman Energy Inc said it has agreed to sell “certain non-producing, non-core coal properties” in northeastern British Columbia province to Xstrata Coal for US$500 million in cash. The deal for the Sukunka property located 60 km south of Chetwynd along the Peace River coalfield is expected to close (more…)

(EnergyAsia, March 11 2012, Monday) — UNESCO, the UN’s environmental unit, said it will not be able to protect the Great Barrier Reef, one of the world’s oldest and most important eco-systems, from potential long-term damage arising from Australia’s growing trade of oil, gas and minerals with Asia. A UNESCO team, now on a study (more…)

(EnergyAsia, March 12 2012, Monday) — Australia’s coal industry wants the New South Wales (NSW) state government to establish a clear strategy for energy generation that includes developing low emissions technology to provide certainty for industry investment and long-term government planning. Coal-fired power, the principal source of base-load electricity in Australia’s national energy market, accounts (more…)