(EnergyAsia, October 30, Thursday) — The Oxford Princeton Programme will be holding the ‘Principles of International Oil Trading’ course in Singapore from November 12 to 15. Conducted by Robin Burley, a principal consultant with Kennet Oil Logistics, the course will cover the basic principles of international oil trading, supply, transportation and refining. Through a case (more…)
(EnergyAsia, October 29, Wednesday) — The organiser of OSEA2008, to be held at the Suntec International Convention Centre in Singapore from December 2 to 5, said the exhibition is 80% bigger than the previous show. OSEA, Asia’s largest oil and gas exploration and production industry exhibition and conference, is expected to attract 1,400 leading exhibiting (more…)
(EnergyAsia, October 29, Wednesday) — The ‘Singapore Energy Conference’ will be held during the International Energy Week at the Raffles City Convention Centre in Singapore on November 4 to 5. The flagship event of the International Energy Week (November 3 to 7) will gather policymakers as well as experts from research institutes and industry players (more…)
(EnergyAsia, October 29, Wednesday) — The third edition of ‘Renewable Energy Finance Forum’ will be held at the Renaissance Mumbai Hotel and Convention Centre in India on November 20 to 21. India’s fast growing economy has led to rising energy demand and opportunities for renewable energy. The conference aims to provide a forum for government, (more…)
(EnergyAsia, October 29, Wednesday) — Singapore’s Temasek Holdings Pte Ltd said it has begun the divestment process for its third and final wholly-owned Singapore power generation company, PowerSeraya Ltd. This follows last month’s sale of Senoko Power Ltd to a consortium known as Lion Power Holdings Pte Ltd and the sale of Tuas Power Ltd...
(EnergyAsia, October 29, Wednesday) — Donwstream oil company Bharat Petroleum Corp Ltd (BPCL) has laid out plans to invest US$480 million by 2012 to produce biodiesel. BPCL said it will cultivate the jatropha crop on one million hectares of wasteland in Uttar Pradesh state for use as feedstock for biodiesel. The project will be undertaken...
(EnergyAsia, October 29, Wednesday) — Law firm JSM has expanded its Asian energy practice with the appointment of Jack Su as senior consultant, who will operate from out of Hong Kong. He joins the company’s 150-member global energy practice Group. Mr Su, who has been in Asia since 1991, has a proven track record in...
(EnergyAsia, October 29, Wednesday) — Oiltanking Odfjell Terminals & Co LLC (OOTO) said it has started up operations at its latest tank terminal located in Sohar port in Oman. The 322,000-cubic metre terminal stores and handles clean petroleum products and chemicals, and represents the first phase of the total 842,500 cbm facility currently under construction....
(EnergyAsia, October 29, Wednesday) — Energy media group Platts has announced its 2008 list of the world’s leading 250 energy companies at its 3rd annual Asia Leadership Awards dinner in Singapore. In unveiling the list, Platts said major oil companies have maintained their stronghold as the world’s most financially effective energy businesses. But the rankings...
(EnergyAsia, October 29, Wednesday) — US-based energy consultant ESAI Inc has advised OPEC to be “cautious” with its proposed crude oil production cut as the world oil market remains “fundamentally constrained”. OPEC has announced it plans to reduce production by 1.5 million b/d from November 1 in response to slumping oil prices. ESAI said that...
(EnergyAsia, October 29, Wednesday) — Indonesian police said they have stopped an Islamic radical group from blowing up Jakarta’s main fuel depot with the arrest of five suspects in the capital and the nearby city of Bogor this week. The five suspects were said to be trained bomb makers. In separate raids, police said they...
projects in India following the government’s announcement to raise bio-content in fuel to 20% by 2018. Privately-owned Reliance Industries and India’s state oil marketing firms are talking about building plants with daily capacities of up to 300 tonnes. Depending on plant size, the projects could cost between Rs300 million and Rs 3 billion. (US$1=Rs50). The...
Kochi refinery in November for a scheduled maintenance and for a change of catalysts. The refinery’s 90,000 b/d crude distillation unit (CDU) and fluid catalytic cracking unit (FCCU) are expected to be down for one month....
the city of Vasco da Gama in India’s Goa state as they could become easy targets for terrorists. Two of the country’s largest oil companies, Indian Oil Corp and Hindustan Petroleum, own and operate oil terminals in Goa. Following a review, officials said they were shocked by the lack of safety and security measures at...
fuel storage capacities at Colombo port. SPLA will invest in two new 10,000-tonne storage tanks and upgrade pipeline networks to meet rising demand at its newly acquired Colombo bunker terminal. The terminal’s current capacity stands at 30,000 tonnes. The SPLA recently took over the fuel tanks from private firm Lanka Marine Services following a Supreme...
(EnergyAsia, October 28, Tuesday) — The ‘Asia Pacific Refining Summit’ will be held at the Crowne Plaza Mutiara Hotel in Kuala Lumpur, Malaysia from November 18 to 19. Organised by the Strategic Business Networks, the conference aims to provide delegates with updated technological advancements and practical strategies to implement in refineries to optimise plant efficiency, (more…)
(EnergyAsia, October 28, Tuesday) — ‘Asia Oil and Gas Investment Congress 2008’, organised by Terrapinn Pte Ltd, will be held in Singapore from November 3 to 7. The event aims to provide a platform for Asian regulators, global and regional oil and gas companies, investors, financiers and other key stakeholders in the upstream oil and (more…)
group to form a new strategic energy research alliance with PetroChina, one of the largest oil companies in the world. The alliance strengthens long-term cooperation and research into oil and gas exploration and production as well as wider energy technologies, reaffirming the 20 year relationship between CSIRO and the Research Institute of Petroleum Exploration and...
the first time in nearly 18 months just days after the Organisation of the Petroleum Exporting Countries (OPEC) decided to slash its production ceiling by 1.5 million b/d from 28.808 million b/d from November 1. US WTI crude traded just slightly above $61 a barrel, down from its peak of $147.27 in early July. At...
decided to postpone the start-up of its new refinery in Tianjin to next year. The 240,000 b/d refinery was due to start up in November following an earlier decision to delay it from September because of bad weather which hampered construction work. The plant will be partly fed with oil from CNOOC’s fields in...
in India’s politically troubled north-eastern Assam state. Local authorities were shocked by the scale of a recent theft at an Indian Oil Corp (IOC) terminal in Upper Assam. Retail station operators are complaining that truck tanker shipments from IOC’s Tinsukia terminal are regularly off by up to 200 litres. With 125 oil tankers leaving the...
Technologies Inc, a Taiwan-based producer of high-quality solar cells. The $46.8 million contract is GT Solar’s most comprehensive polysilicon production equipment and services agreement to-date. GT Solar is expected to begin delivering equipment in the second half of 2009. The solutions being provided to Top Green Energy Technologies include CVD reactors, STC converters, and an...
Ezra Holdings, said its 2008 net profits rose by 157% to US$175.4 million from US$68.2 million previously. Revenue surged 87% to US$268.3 million on the back of strong demand for its offshore chartering and fabrication engineering services. The company said its performance was boosted by the full-year contribution from nine vessels, including two anchor...
many industries including oil refining. Speaking at a conference in Sydney, managing director and CEO Des King, said: “High costs for carbon emission permits would threaten the viability of the Australian oil refining industry. Similar outcomes are faced by many industries. “The government’s green paper proposes only 20% of permits would be allocated free to...
oil refinery to start up in Cepu in central Java next February. Evita H Legowo, the ministry’s director general of oil and gas, said the simple processing unit would refine crude from the offshore Cepu block. She also revealed her department is promoting the development of a refinery each in Banyu Asin in Sumatra and...