Energy News From Asia
(EnergyAsia, June 6 2013, Thursday) — US coal consumption is expected to surge 7.3% this year on a combination of rising power demand and increased substitution for natural gas as feedstock, said the Energy Information Administration (EIA). In its most recent monthly forecast issued in May, the EIA projected US coal consumption to top 955...
(EnergyAsia, June 5 2013, Wednesday) — Australia’s Leighton Holdings said its subsidiary Thiess has suspended work at two Indonesian coal mines since April 26 over a payment dispute with their owner PT Arutmin Indonesia. The Australian mining contractor said Thiess has stopped operations at the Senakin and Satui mines in southeast Kalimantan which produced about (more…)
(EnergyAsia, June 5 2013, Wednesday) — Singapore’s Keppel Offshore & Marine Ltd (Keppel O&M) said it has secured a contract from Caspian Drilling Company Ltd, a subsidiary of the State Oil Company of Azerbaijan Republic (SOCAR), to build a US$800 million semisubmersible drilling rig that includes furnished equipment. Keppel O&M said it will deliver the (more…)
(EnergyAsia, June 5 2013, Wednesday) — Indonesian coal miner PT Adaro Energy Tbk said wholly owned subsidiary PT Adaro Indonesia has secured a US$380 million amortising loan facility that will mature in May 2020. The company said its application was oversubscribed 7.5 times, with 12 international banks committing to lend a total of US$2.85 billion....
(EnergyAsia, June 4 2013, Tuesday) — Australia’s Queensland state government has given the environmental approval for India’s GVK Group to develop its A$4.2 billion coal mine in Kevin’s Corner near the town of Alpha. (US$1=A$1.03). Subsidiary GVK Hancock Galilee is proposing to develop an underground and open-cut mine together with infrastructure to produce 30 million...
(EnergyAsia, June 4 2013, Tuesday) — The Vietnamese government has approved and included a 1,200MW coal-fired power plant by Sembcorp Industries in the country’s power development master plan for 2011 to 2020, the company said. The Singapore firm said subsidiary Sembcorp Utilities has also been appointed by the Vietnamese government to own and develop the (more…)
(EnergyAsia, June 4 2013, Tuesday) — The lingering dispute between workers and the operator of one of the world’s largest coal ports in Australia’s Queensland state is expected to continue through mid-year after unions successfully organised a series of short strikes last month. Hundreds of workers walked off at Newcastle’s Port Waratah for 24 hours...
(EnergyAsia, June 3 2013, Monday) — Australia’s Waratah Coal said it has secured renewal from the Federal government for project facilitation of its A$8 billion China First coal project in Queensland state. (US$1=A$1.03). The Brisbane-based company said it plans to build a thermal coal mine in the new Galilee Basin coal region near Alpha, west...
(EnergyAsia, June 3 2013, Monday) — France’s Air Liquide said it has just signed a long-term contract with Fujian Shenyuan New Materials Co Ltd to supply industrial gases for a coal gasficiation project in Fujian province in southeastern China. Air Liquide said it will build an eight-unit industrial gases complex comprising an air separation unit (more…)
(EnergyAsia, June 3 2013, Monday) — The Australian government’s decision to slash funding for clean energy initiatives including carbon capture and storage (CCS) programmes will hurt the country and the environment, said the coal lobby. Australian Coal Association CEO Nikki Williams said the world will continue to consume coal after using up a record seven...