(EnergyAsia, October 28 2013, Monday) — Three companies involved in the energy business have announced senior management changes. Singapore LNG Corp (SLNG), the operator of the country’s first liquefied natural gas (LNG) terminal, has named John Ng, the former CEO of YTLPower Seraya Pte Ltd, to succeed Neil McGregor as CEO from December 1. Singapore...

(EnergyAsia, October 28 2013, Monday) — Japan’s Idemitsu Kosan Co Ltd is advancing plans to develop and export natural gas from Canada with its proposed acquisition of a stake in a privately held midstream company based in Alberta province’s Calgary city. AltaGas Idemitsu Joint Venture Limited Partnership (AIJVLP), Idemitsu’s equal joint venture with Canada’s AltaGas,...

(EnergyAsia, October 25 2013, Friday) — Singapore’s Nanyang Technological University (NTU) has announced that it is establishing an advanced maritime energy test facility, making it the first in Southeast Asia. The facility will be open to scientists and engineers from industry and academia to research and develop alternative fuels, fuel additives, and engine emissions and...

(EnergyAsia, October 25 2013, Friday) — US WTI crude fell below US$100 a barrel this week for the first time since July 10 as traders focused all attention on the continuing weakness in the world economy, led by the impact of the recent US government shutdown and need for monetary stimulus. http://energycontents.com/index.php?route=product/product&path=60&product_id=301 In New York,...

(EnergyAsia, October 24 2013, Thursday) — Faced with declining investor interest in its oil patch and weakening prices, Canada’s Alberta province is pushing against the tide to expand ties with China as a source of capital and a market for its exports. http://energycontents.com/index.php?route=product/product&path=60&product_id=301 After last year’s nail-biting finish to CNOOC Ltd’s C$15 billion acquisition of...

(EnergyAsia, October 24 2013, Thursday) — Hong Kong-listed Brightoil Petroleum (Holdings) Limited said China’s highest policy making body has approved its application to build an oil storage and terminal complex with the capacity to handle vessels of more than 10,000 deadweight tonnes (DWT) in Zhejiang Province’s Zhoushan port city. http://energycontents.com/index.php?route=product/product&path=60&product_id=301 Subsidiary Zhoushan Brightoil Terminal Co...

(EnergyAsia, October 23 2013, Wednesday) — Brazil has awarded the rights to explore and develop its giant offshore Libra oilfield to a sole bid from a five-member international consortium led by its state-owned oil and gas company Petrobras. http://energycontents.com/index.php?route=product/product&path=60&product_id=301 Petrobras, the operator with a 40% stake, will jointly develop the field’s estimated eight to 12...

(EnergyAsia, October 22 2013, Wednesday) — Penwell Corp said its two energy events, featuring conferences and exhibitions, in Bangkok, Thailand earlier this month attracted a record attendance of more than 7,800 delegates and visitors from over 70 countries. POWER-GEN Asia and Renewable Energy World Asia, billed as the region’s premier conference and exhibition for the...

(EnergyAsia, October 22 2013, Tuesday) — Heavily-indebted Russian oil and gas giant Rosneft has agreed to form a 51/49 joint venture with cash-rich China National Petroleum Corp to develop its reserves in eastern Siberia as part of a long-term plan to expand energy ties between the two countries. http://energycontents.com/index.php?route=product/product&path=60&product_id=301 The two companies will develop the...

(EnergyAsia, October 21 2013, Monday) — Shanghai-based Wison Engineering said it has secured a contract from Erdos Jinchengtai Chemical Co to provide engineering services for the second phase of a major plant in Erdos or Ordos city in Inner Mongolia to convert coal to methanol. http://energycontents.com/index.php?route=product/product&path=60&product_id=301 Wison Engineering, a major contractor for PetroChina, said it...

(EnergyAsia, October 21 2013, Monday) — Brushing aside any concerns for rising carbon emissions and air pollution, China and India will help boost the world’s coal use by 25%, making it the leading fuel by 2020, said Wood Mackenzie. http://energycontents.com/index.php?route=product/product&path=60&product_id=301 Speaking at last week’s World Energy Congress in South Korea, the UK energy consulting firm...

(EnergyAsia, October 18 2013, Friday) — Norwegian classification and inspection society DNV GL has released a set of recommended practices to increase the safe and efficient handling and use of liquefied natural gas (LNG) as a shipping fuel around the world. http://energycontents.com/index.php?route=product/product&path=60&product_id=301 The practices are aimed at harmonising disparate practices in international bunker fuel operations,...

(EnergyAsia, October 18 2013, Friday) — The US will be the world’s leading producer of liquid hydrocarbons this year, but will remain substantially behind in crude oil production, declared New York City-based consulting firm PIRA Energy Group. At a recent seminar, PIRA predicted that US production of crude oil, condensates, natural gas liquids, biofuels and...

(EnergyAsia, October 17 2013, Thursday) — India will account for 23% of more than US$10 trillion in investment required to meet the energy needs of Asia’s developing countries from 2010 to 2035, said the Asian Development Bank (ADB). In its “Energy Outlook for Asia and the Pacific” report, the bank said India’s energy investment requirement...

(EnergyAsia, October 17 2013, Thursday) — Swiss engineering giant Foster Wheeler AG said a subsidiary of its Global Engineering and Construction Group has been awarded a contract to undertake a pre-feasibility study and market report for a proposed aromatics plant in Kuwait. Foster Wheeler said it expects the subsidiary to submit the study to Kuwait’s...

(EnergyAsia, October 16 2013, Wednesday) — Asian countries should set up cross-border power exchanges to help the region meet its fast-growing electricity demand which is set to sharply outpace the rest of the world’s over the next two decades, said the Asian Development Bank (ADB). The bank recommended this measure in releasing its annual “Energy...