(EnergyAsia, February 8 2012, Wednesday) — Australian mining giant BHP Billiton said it has informed the Queensland state government that it plans to align its railway system to accommodate more lines to deliver coal from its various mines to the Port of Abbot Point. The project includes the construction of a dedicated rail line for (more…)

(EnergyAsia, February 7, 2012 Tuesday) — Leading international classification society Bureau Veritas said it has approved in-principle the basic design of a 14,000 twenty-foot-equivalent (TEU) containership to be powered by liquefied natural gas (LNG). South Korea’s Daewoo Shipbuilding & Marine Engineering, liner major CMA-CGM and Bureau Veritas jointly developed the design. Jean-Francois Segretain, Bureau Veritas’s (more…)

(EnergyAsia, February 7 2012, Tuesday) — Engineering giant Foster Wheeler AG said a subsidiary of its Global Power Group has been awarded a contract by Yuen Foong Yu Paper Mfg Co Ltd to design and supply a circulating fluidised-bed (CFB) steam generator for captive use at its industrial paper complex in Yangzhou in China’s Jiangsu (more…)

(EnergyAsia, February 7 2012, Tuesday) — Canada’s CBM Asia Development Corp (CBM Asia) said it has signed a Heads of Agreement with PT Tranaco Utama, a private Indonesian company that holds the first rights to undertake a production sharing contract (PSC) for a 1,500-square kilometre coalbed methane block in Kalimantan in Indonesia. CBM Asia said (more…)

(EnergyAsia, February 7, 2012 Tuesday) — Masdar Institute of Science and Technology, the UAE’s research-driven graduate-level university focused on advanced energy and sustainable technologies, said it has signed a strategic master research partnership agreement with Masdar PV GmbH, leading German-based manufacturer of photovoltaic films. The agreement was signed at the Masdar Institute stand at last (more…)

(EnergyAsia, February 6 2012, Monday) — Seattle, US-based coal miner L&L Energy Inc said it has bought a 51% controlling stake in a coal mine in Guizhou province in China for about US$16.2 million in stock. With reserves of around 19 million tons, the Weishe mine could add 124,000 tons to L&L’s production, US$19.6 million (more…)

(EnergyAsia, February 6 2012, Monday) — US-based Clean Coal Technologies Inc (CCTI) said it has signed a binding memorandum of understanding (MOU) with India’s Jindal Steel and Power Limited to form a joint-venture company to market and deploy its Pristine-M(TM) technology in Southeast Asia. For its 65% stake, Jindal will pay US$6 million which includes (more…)

(EnergyAsia, February 3 2012, Friday) — Dubai’s power and water production capacities grew significantly last year, reflecting its growth as an economic hub in the Middle East. Dubai Electricity and Water Authority (DEWA), the emirate’s state-owned utility, said it installed 8,718 megawatts (MW) of power generation capacity for 2011, up from 7,361 MW in 2010. (more…)

(EnergyAsia, February 3 2012, Friday) — US coal miner and trader Peabody Energy said it has appointed Yosef Setiyawan, its Indonesian director of engineering, as head of its new office in the city port of Balikpapan in East Kalimantan province. Reporting to Keith Downham, vice president of resource development for Indonesia, he will have responsibility (more…)

(EnergyAsia, February 3 2012, Friday) — Canada’s Prophecy Coal Corp said it has received a positive feasibility study for its proposed US$744 million 600 MW Chandgana Mine-Mouth Power Project in central Mongolia. The report was prepared by Ralf Thomsen, a project manager at Steag, a German firm specialising in the planning, financing, construction and operation (more…)

(EnergyAsia, February 2 2012, Wednesday) — Cheniere Energy Partners LP said its subsidiary, Sabine Pass Liquefaction LLC, has increased its liquefied natural gas (LNG) sale volume to BG Gulf Coast LNG LLC, a subsidiary of UK’s BG Group plc, following an amendment to their 20-year supply agreement. BG has agreed to purchase an additional two (more…)

(EnergyAsia, February 2 2012, Wednesday) — For the first time since late 2008, world oil demand fell over the course of a full quarter. That last time marked the start of the global economic crisis that remains very much in play despite efforts by the world’s Central Banks and international agencies to pump trillions of (more…)

(EnergyAsia, February 1 2012, Wednesday) — Australia’s Hunter Ports has begun work on building a state-of-the-art terminal that could double the capacity of the world’s biggest coal export port in Newcastle by 2015. Controlled by mining entrepreneur Nathan Tinkler, Hunter Ports said it will A$2.5 billion in the new facility on the south bank of (more…)

(EnergyAsia, February 1 2012, Wednesday) — Singapore sovereign wealth fund GIC has joined three companies to invest a total of C$500 million in Canada’s Osum Oil Sands Corp to help develop two projects in Alberta province. (US$1=C$1.01). Through a private placement, GIC, Warburg Pincus, Blackstone Capital Partners and KERN Partners, a Calgary-based private equity firm, (more…)

(EnergyAsia, February 1 2012, Wednesday) — Australia’s Universal Coal plc said it expects it expects to be strengthened by recent developments at its coking coal projects in northern South Africa. At a recent media briefing in Johannesburg, chairman Tony Harwood said its two early-stage coking coal exploration projects in Limpopo province will be a major (more…)

(EnergyAsia, January 31 2012, Tuesday) — Chevron Corp has made another natural gas discovery in Western Australia, boosting its plans to become a leading global liquefied natural gas (LNG) producer. The US major said its Australian subsidiary found natural gas in the Exmouth Plateau area of the Carnarvon Basin, its 13th offshore discovery in the (more…)

(EnergyAsia, January 31 2012, Tuesday) — UK’s Swire Oilfield Services has opened its regional headquarters in Singapore to meet rising demand for oil and gas support services in the Asia Pacific region. Located in the Loyang supply base, the new headquarters will act as a hub for all operations while providing existing and prospective customers (more…)

(EnergyAsia, January 30 2012, Monday) — US major ExxonMobil said it is restructuring its business in Japan that includes selling off its downstream business to partner TonenGeneral Sekiyu KK for US$3.9 billion. As part of the takeover due for completion by mid-year, TonenGeneral will combined its manufacturing and refining operations with ExxonMobil Yugen Kaisha’s marketing (more…)

(EnergyAsia, January 30 2012, Monday) — The global economy is decelerating as shown by the 300,000 b/d decline in oil demand in the fourth quarter of 2011 that could spill over into this year, said the International Energy Agency (IEA). This is the first quarterly decline in world oil use since the start of the (more…)

(EnergyAsia, January 27 2012, Wednesday) — China’s oil demand growth slowed to 6.1% last year compared with 11.3% in 2010, said McGraw Hill’s energy media unit Platts. Despite signs of an economic slowdown in the second half of the year, Platts said China’s apparent oil demand for 2011 reached a record 460.65 million metric tons, (more…)

(EnergyAsia, January 27 2012, Friday) — The Arab Petroleum Investments Corporation (APICORP), a multilateral bank owned by the 10 member states of the Organisation of Arab Petroleum Exporting Countries (OAPEC), has announced record profits for the fourth quarter of 2011. The bank, in which the Qatar government has a 10% stake, said profits surged 86% (more…)

(EnergyAsia, January 27 2012, Friday) — Masdar, Abu Dhabi’s renewable energy company, and Reed Exhibitions said they will jointly hold the ‘Asia Future Energy Forum & Exhibition’ (AFEF) in Singapore from October 22 to 25 2012. AFEF 2012, “Powering Sustainable Innovation in Asia”, will discuss the region’s energy issues, challenges and opportunities. It will be (more…)

(EnergyAsia, January 26 2012, Thursday) — Australia’s Liquefied Natural Gas (LNG) Ltd has awarded an engineering, procurement and construction (EPC) services contract to China Huanqiu Contracting & Engineering Corporation for its Fisherman’s Landing liquefied natural gas project in Queensland state. The companies signed the US$760 million contract for the first train, including the tank and support (more…)

(EnergyAsia, January 26 2012, Thursday) — Norway’s DNV said it has been commissioned by the Flemish government to undertake a feasibility study for the provision of liquefied natural gas (LNG) bunkering facilities at the ports of Antwerp, Zeebrugge and Ghent in Belgium. The work will consist of a market survey, a risk and safety analysis, (more…)

(EnergyAsia, January 26 2012, Thursday) — Engineering giant Foster Wheeler said a subsidiary of its Global Engineering and Construction Group has been awarded a contract by Petron Corporation to upgrade its oil refinery in Bataan in the Philippines. Foster Wheeler said it will execute detailed engineering and procurement services for the delayed coker unit (DCU), including (more…)