(EnergyAsia, November 28 2013, Thursday) — Australia is counting on reaping the harvest from the recent wave of investments worth billions of dollars in its energy and resource sector, said the Bureau of Resources and Energy Economics (BREE). “Australia is now seeing a transition from the investment phase of the resources boom to the production...
(EnergyAsia, November 27 2013, Wednesday) — Building on more than a decade of close collaboration, Keppel Corp and the National University of Singapore (NUS) will jointly launch a laboratory from next January to develop technology for the exploration and production of oil and gas in deepwater areas and the Arctic. Singapore Energy Series: http://energycontents.com/index.php?route=product/product&path=59&product_id=270 With...
(EnergyAsia, November 27 2013, Wednesday) — Malaysia’s Dialog Group Berhad has teamed up with Singapore’s Concord Energy to add a second oil storage terminal in Johor state’s Pengerang town, months before it is due to complete a deepwater crude oil storage facility at the same site with the Singapore subsidiary of Dutch firm Vopak. The...
(EnergyAsia, November 26 2013, Tuesday) — China’s ENN Corp and Canada’s Ferus Natural Gas Fuels will jointly build, own and operate two gas liquefaction plants in two major cities in western Canada to supply fuel for trucking use as well as other high-horsepower applications including marine, rail, mining, and oil and gas exploration. http://energycontents.com/index.php?route=product/product&path=60&product_id=301 To...
(EnergyAsia, November 26 2013, Tuesday) — Oil prices fell on news that Iran and the US and its allies have reached a preliminary agreement to stop the Islamic regime’s controversial nuclear energy programme after nearly a year of secret negotiations. Brent crude fell more than US$2 a barrel on Monday November 25 as the weekend...
(EnergyAsia, November 25 2013, Monday) — As its energy demand continues to surge, some major cities in northern China will experience natural gas shortages during the winter season through the decade, predicts UK consulting firm Wood Mackenzie. http://energycontents.com/index.php?route=product/product&path=60&product_id=301 Starting a trend this winter, gas demand for residential heating in cities located in the provinces above...
(EnergyAsia, November 25 2013, Monday) — State-owned Gas India Limited (GAIL) Ltd has announced plans to source and trade one million tonnes of liquefied natural gas (LNG) per year from the US through its Singapore-based trading subsidiary. Chairman and managing director B.C. Tripathi said the team at GAIL Global (Singapore) Pte Ltd (GGSPL) will work...
(EnergyAsia, November 22 2013, Friday) — PetroChina recently started up its third liquefied natural gas (LNG) terminal with the import of a cargo from Qatargas. http://energycontents.com/index.php?route=product/product&path=60&product_id=301 The cargo delivered by the Q-Flex class LNG vessel Al-Gharrafa Tangshan was used as the cargo to commission the start-up of the Caofeidian LNG terminal in China’s Hebei province....
(EnergyAsia, November 22 2013, Friday) — The Asian Development Bank (ADB) said it has been appointed transaction adviser to help attract “a commercial consortium leader of global repute” to build, own and operate the planned 1,800km Turkmenistan–Afghanistan–Pakistan–India (TAPI) natural gas pipeline. Under an agreement signed with the countries’ state gas firms, ADB will advise on...
(EnergyAsia, November 21 2013, Thursday) — More than a year after the two proposed deals were announced, UK’s BG Group said it has completed the sale of its stake in an Australia-based liquefied natural gas (LNG) project and the supply of additional sales volume to China National Offshore Oil Corporation (CNOOC). http://energycontents.com/index.php?route=product/product&path=60&product_id=301 CNOOC paid a...
(EnergyAsia, November 20 2013, Wednesday) — Russia’s Rosneft and US major ExxonMobil have jointly selected Swiss engineering giant Foster Wheeler AG and US CB&I to undertake separate contracts for the initial phase of the front-end engineering design (FEED) work for a proposed liquefied natural gas (LNG) project in the Russian Far East. http://energycontents.com/index.php?route=product/product&path=60&product_id=301 Foster Wheelr...
(EnergyAsia, November 20 2013, Wednesday) — Sembcorp Marine recently launched Southeast Asia’s most modern and Singapore’s largest integrated shipyard to strengthen the country’s leadership in the region marine and offshore industry. Singapore Energy Series: http://energycontents.com/index.php?route=product/product&path=59&product_id=270 Prime Minister Lee Hsien Loong was the guest of honour at this month’s official launch of the yard’s 73.3-hectare first...
(EnergyAsia, November 19 2013, Tuesday) — From next January, Russia will increase the export of crude oil to China through a pipeline network the runs across Kazakhstan which shares a common border with the two countries. http://energycontents.com/index.php?route=product/product&path=60&product_id=301 The agreement for 200,000 b/d of crude was signed in The Russian city of Yekaterinburg last week by...
(EnergyAsia, November 18 2013, Monday) — Canadian upstream firm Tethys Petroleum Limited said it is selling half its oil and gas assets in Kazakhstan to China’s SinoHan Oil and Gas Investment BV for an initial payment of US$75 million with the prospects of bonuses for future performance. http://energycontents.com/index.php?route=product/product&path=60&product_id=301 The Toronto-listed company, which is focused on...
(EnergyAsia, November 18 2013, Monday) — The port authorities of Singapore and Belgium’s Zeebrugge and Antwerp said they have signed a memorandum of understanding (MOU) to harmonise procedures for providing liquid natural gas (LNG) as a fuel for ships. http://energycontents.com/index.php?route=product/product&path=59&product_id=270 They have agreed to exchange information on LNG infrastructure, stakeholders, accreditation of bunker fuel operators,...
(EnergyAsia, November 15 2013, Friday) — Seven months after its formation, Singapore’s Pavilion Energy has made its first move to develop a liquefied natural gas (LNG) supply portfolio with an offer to acquire a 20% stake in three Tanzania gas blocks for US$1.288 billion. Singapore Energy Series: http://energycontents.com/index.php?route=product/product&path=59&product_id=270 The subsidiary of sovereign wealth fund Temasek...
(EnergyAsia, November 15 2013, Friday) — Just days after Haiyan, the most powerful typhoon on record, made landfall in the Philippines last week, the country’s delegate delivered a big message at the 2013 UN Climate Change Conference in Warsaw, Poland. According to the US-based AccuWeather Global Weather Center, Yeb Sano told the conference: “What my...
(EnergyAsia, November 14 2013, Thursday) — Brazil’s state-owned Petrobras said it has agreed to sell its Peruvian oil and gas assets to PetroChina and its parent China National Petroleum Corp (CNPC) for a total of US$2.6 billion. http://energycontents.com/index.php?route=product/product&path=60&product_id=301 The sale of Petrobras Energia Peru S.A. covers Block X, a mature field in operation since 1912...
(EnergyAsia, November 13 2013, Wednesday) — China National Petroleum Corporation (CNPC) said it has jointly established a shale oil research centre with Royal Dutch Shell in Beijing, and will follow that up with the opening of a research office each in China and the US. http://energycontents.com/index.php?route=product/product&path=60&product_id=301 Housed in CNPC’s Research Institute of Petroleum Exploration and...
(EnergyAsia, November 13 2013, Wednesday) — CNOOC Limited said its wholly-owned Canadian subsidiary, Nexen Energy ULC, has signed an exclusive agreement with the British Columbia government to look into building a liquefied natural gas (LNG) plant and export terminal at Grassy Point, about 30 km north of Prince Rupert port. http://energycontents.com/index.php?route=product/product&path=60&product_id=301 The Chinese firm said...
(EnergyAsia, November 12 2013, Tuesday) — In China’s drive to develop its natural gas industry, Wison Engineering Services Co Ltd is growing into the role of technology provider through joint-venture projects to convert coal into natural gas and chemicals. http://energycontents.com/index.php?route=product/product&path=60&product_id=301 The Shanghai-based firm and its partners have separately started up a coal gasification plant, secured...
(EnergyAsia, November 11 2013, Monday) — The world’s carbon dioxide (CO2) output is still rising after reaching a record high of 393.1 parts per million (ppm) last year, well past the danger zone of 350 ppm that environmentalists say permanently changes climate patterns with detrimental effects on farming and human health. http://energycontents.com/index.php?route=product/product&path=60&product_id=301 Between 1990 and...
(EnergyAsia, November 8 2013, Friday) — Singapore has advanced on its quest to develop liquefied natural gas (LNG) into a shipping fuel with its maritime agency announcing the completion of a study to establish technical standards and procedures for the nascent industry. Singapore Energy Series: http://energycontents.com/index.php?route=product/product&path=59&product_id=270 The Maritime and Port Authority of Singapore (MPA) said...
(EnergyAsia, November 8 2013, Friday) — Supreme Group, a Dubai-based provider of logistics services in challenging environments around the world, said it has secured a UK defence contract to supply aviation fuel and refuelling services to mostly military aircraft in 96 international civilian airports. http://energycontents.com/index.php?route=product/product&path=60&product_id=301 In a statement, Supreme Group will serve mostly Royal Air...
(EnergyAsia, November 7 2013, Thursday) — Australia’s Linc Energy said it has received “strong” approval from shareholders to leave the Australian Securities Exchange (ASX) in favour of a listing on the Singapore Exchange (SGX). Singapore Energy Series: http://energycontents.com/index.php?route=product/product&path=59&product_id=270 Energy Map of China 2013: http://energycontents.com/index.php?route=product/product&path=60&product_id=301 Following yesterday’s vote at the company’s extraordinary general meeting in Brisbane,...