would jointly build two new oil refineries with Chinese companies in China as it looks to step up ties with the world’s second largest oil consumer. Speaking at the start of his visit to Beijing, Mr Chavez said the refineries would use heavy Venezuelan crude oil that will be shipped in by a new joint...
impact assessment (DEIA) and environmental protection plan (EPP) for its Ulaan Ovoo coal project in that country. The approval by the Ministry of Nature and the Environment is required under Mongolia’s 2006 Minerals Law and 1995 Environmental Protection Law, said the Vancouver, British Columbia-based company. Red Hill Energy said Ulaan Ovoo contains 208.8 million tonnes...
Admin@EnergyAsia.com. (EnergyAsia, September 25, Thursday) — The 4th Asia Refining Conference’ will be held at the Marina Mandarin hotel in Singapore from October 16 to 17. Despite record oil prices, Asia’s refining sector remains robust with capacity growth in China, India and West Asia. Global fuel demand is expected to remain buoyant and strong (more…)
Admin@EnergyAsia.com. (EnergyAsia, September 25, Thursday) — The ‘Ethanol and Biofuels Asia 2008’ conference will be held at the Grand Hyatt hotel in Singapore from October 7 to 10. The conference will discuss the entire biofuels supply chain from upstream to downstream where regulators, producers, feedstock suppliers, technology providers, project developers, oil companies, consumers, financiers (more…)
(EnergyAsia, September 25, Thursday) — The ‘15th Singapore International Bunkering Conference’ or better known as ‘SIBCON 2008’, will be held at the Shangri-La hotel from October 15 to 17. Built on the theme of ‘Powering Global Shipping: The Marine Fuels Challenge’, SIBCON 2008 will focus on regulatory, environmental and market issues issues affecting the (more…)
Admin@EnergyAsia.com. (EnergyAsia, September 25, Thursday) — ‘Solar Energy Asia 2008’ will be held at the Grand Hyatt hotel in Singapore from October 8 and 9. The conference aims to bring together key players to network, discuss strategic, regulatory, technical and economic issues, identify opportunities, and make deals in a fast evolving industry. Topics covered (more…)
(EnergyAsia, September 24, Wednesday) — Sunwell, a wholly owned subsidiary of Taiwan’s CMC Magnetics, has started mass production at its Taiwan-based thin film PV plant. Over the past month, more than 10,000 solar panels were produced with an Oerlikon Solar end-to-end fabrication solution. All contract parameters for SOP (start of production) were met nearly one...
(EnergyAsia, September 24, Wednesday) — The’ 24th Asia-Pacific Petroleum Conference’ (APPEC 2008) will be held at the Raffles City Convention Centre in Singapore from October 21 to 23. Since the inaugural event in 1985, the APPEC series has grown to become one of the most important annual fora for the Asian oil and gas industry. (more…)
(EnergyAsia, September 24, Wednesday) — Law firm Latham & Watkins said it advised an international consortium, Lion Power Holdings, on its successful bid for Singapore’s largest power company, Senoko Power Limited. Early this month, Lion Power, led by Japanese trading house Marubeni Corp, signed a share purchase agreement with Singapore’s Temasek Holdings (Private) Limited for...
(EnergyAsia, September 24, Wednesday) — China is the world leader in installed renewable energy capacity, according to a report by non-profit Climate Group. The country’s installed renewable power capacity has reached 152 gigawatts (GW), due mainly to its large hydroelectric and wind power plants. This compares with around 101 GW of renewable energy capacity in...
(EnergyAsia, September 24, Wednesday) — Worsening shortages of coal, which accounts for 78% of China’s electricity generation, could cause major electricity blackouts in China this year. The country’s power plants have coal reserves for only 11 days of operations, China’s State Electricity Regulatory Commission (SERC) said in a report. Another issue affecting operations at power...
(EnergyAsia, September 24, Wednesday) —Australian upstream company Woodside Petroleum plans to pass on the country’s new tax on condensates to its customers in Western Australia state. Canberra expects to raise an estimated A$2.5 billion from the new tax over the coming four years. (US$1 = A$1.20). The government’s recent budget in May surprised everyone with...
(EnergyAsia, September 24, Wednesday) — Iraq’s Oil Ministry and a wholly owned affiliate of Royal Dutch Shell plc have signed a Heads of Agreement to establish a joint venture between the South Gas Company and Shell to process and market all associated natural gas produced in the Basra in southern Iraq, an area covering some...
(EnergyAsia, September 24, Wednesday) — Singapore’s Wilmar International Limited said it and Star Medal, a wholly-owned subsidiary of Kerry Holdings Limited belonging to Kuok Group in Hong Kong, will each invest US$36 million for a 15% stake in Fortune Gas Investment Holdings Limited. Fortune Gas is the newly created gas subsidiary of Hong Kong’s Fortune...
(EnergyAsia, September 24, Wednesday) — China’s Trina Solar said its subsidiary, Changzhou Trina Solar Energy Co Ltd, has signed a supplemental agreement to the long-term polysilicon supply agreement with a subsidiary of GCL Silicon Technology. Together with the original supply agreement announced in April, GCL Silicon Technology will supply Trina Solar with virgin polysilicon and...
(EnergyAsia, September 24, Wednesday) — Singapore Petroleum Company Limited (SPC) said it has officially opened an upstream branch office in China to operate and manage its growing operations in that country. SPC E&P (China) Pte Ltd is based in Shekou port in Guangdong province.SPC holds interests in three acreages in China, namely Block 26/18 in...
secured a US$43.9 million time-charter contract for the newly constructed lift boat, KS Titan 1, to support offshore wind power operations in the North Sea. The KS Titan 1, owned by Casadilla Group Pte Ltd, a joint venture company between KS Energy Services Limited and Ezra Holdings Limited, will be chartered to Siemens Wind Power...
terminal in the western province of British Columbia to export liquefied natural gas (LNG) to the energy-hungry markets of Asia. The terminal will be sited near Kitimat port in on the Calgary-based company’s existing site at Bish Cove. Rising natural gas demand in Asia and recent increases in supply throughout North America – including in...
agreements with experts in academic institutions across the world. They are part of a growing programme of agreements to complement Shell’s own biofuels research and development, and to accelerate results. The research programme investigates new raw materials and new biofuels production processes, with a focus on improving efficiencies and lowering costs. The agreements will last...
owned subsidiary of Keppel Integrated Engineering Limited (KIE), has signed a framework agreement with China’s Guangdong GuangYe Environmental Protection Industrial Group Co Ltd for the joint development and investment of environmental infrastructure projects in Guangdong province. The agreement outlines the collaboration of the two companies for the development of a near-term pipeline of water and...
(PV) cell production facility in Yangzhou in China’s Jiangsu province. Suntech said it intends to complete the facility with a PV cell production capacity of 300MW by end-2009, expanding its total capacity to 1.4GW by end-2009 and 2GW by end-2010. The new plant is located near Suntech’s strategic silicon supply partner, Shunda Holdings Co Ltd,...
project in Fuente Alamo, Murcia, in southeastern Spain. Using PV modules mostly manufactured by Trina Solar, the project was installed by Gestamp Asetym Solar SA, a Spanish provider of solar system solutions. Trina Solar supplied 20 MW of mono and multicrystalline solar modules of the total 26 MW required for this key project as part...
issued a call to cooperate with China, South Korea and Japan on a scheme for joint oil stockpiling. As a first step, the nations’ energy ministers will set up a joint working group. The move comes amid high oil prices and tight supplies which have put the focus on energy security. Association of Southeast Asian...
300,000-tonne crude oil terminal in China’s northern city of Dalian. The terminal will be able to accommodate ships of up to 440,000 deadweight tonnes (dwt). PetroChina, a major user of Dalian port, and DPC will be equal partners in the project. Hong Kong-listed DPC recently announced a net profit of RMB534 million for the...
strategic petroleum reserves (SPRs) in the city ports of Dalian, Qingdao, Ningbo and Zhoushan by year-end. With a total storage capacity of 16.4 million cubic metres, the SPRs will help China deal with volatile oil prices and stock up to deal with times of tight supplies. By 2010, the tanks are expected to hold oil...