(EnergyAsia, August 25 2011, Thursday) — India’s consumption of natural gas has taken off thanks in large part to a 50% increase in domestic production in recent year, said US consultant ESAI. While impediments to supply growth remain, ESAI expects Indian consumption will continue to grow and reach 85 billion cubic metres in the next (more…)
INDONESIA: Krakatau Steel to use Honeywell services to improve energy efficiency and reduce costs
(EnergyAsia, August 24 2011, Wednesday) — Indonesia’s PT Krakatau Daya Listrik (KDL), a subsidiary of PT. Krakatau Steel Group (PTKS Group), has selected Honeywell Process Solutions (HPS) to implement energy management and monitoring solutions to realise long-term cost savings through greater energy efficiency. KDL will implement the selected HPS solutions at PTKS Group’s facilities, said (more…)
AUSTRALIA: Arrow LNG project makes “significant milestone” with award of FEED contract
(EnergyAsia, August 24 2011, Wednesday) — Australia’s Arrow Energy said it has achieved a “significant milestone” in developing a multi-billion dollar LNG plant on Curtis Island off Gladstone in Central Queensland with the award of the front-end engineering design (FEED) contract. The engineering design, which will be undertaken by CJV, an international consortium comprising Japan’s (more…)
MALAYSIA: ExxonMobil sells off downstream businesses to Philippines’ San Miguel Corporation for US$610 million
(EnergyAsia, August 23 2011, Tuesday) — ExxonMobil said it has agreed to sell off its interest in three businesses operating an oil refinery and retail stations in Malaysia to San Miguel Corporation (SMC) of the Philippines for a total of US$610 million The agreements includes ExxonMobil’s 65% stake in the publicly traded company Esso Malaysia (more…)
SINGAPORE: Ezra closes in on US$1billion order mark with Chevron contract
(EnergyAsia, August 23 2011, Tuesday) — Ezra Holdings Limited, a Singapore-based global contractor and provider of offshore services to the oil and gas industry, said it is on track to achieve orders totalling US$1 billion this year following its latest contract award from three Chevron Thailand companies. Ezra said its offshore construction division, EMAS AMC, (more…)
AUSTRALIA: Large gathering expected at Honeywell Users Group (HUG) event in Fremantle this week
(EnergyAsia, August 22 2011, Monday) — A large gathering of a few hundred engineering and business professionals is expected at this week’s Honeywell Users Group (HUG) event in the port city of Fremantle in Western Australia. The annual event is attended by representatives from the country’s process industries, particularly its powerful mining and resources sector. (more…)
OMAN: Honeywell, Foster Wheeler to supply technology for refinery expansion
(EnergyAsia, August 22 2011, Monday) — Oman Oil Refineries and Petroleum Industries (Orpic) has selected a mix of Honeywell’s UOP and Foster Wheeler technology to help process heavy oil and expand fuel and petrochemicals production at its new refinery in Sohar city in Oman. UOP said Orpic will use the UOP-Foster Wheeler Solvent Deasphalting (SDA) (more…)
SINGAPORE: Japan’s Panasonic to test-bed Asia’s first ‘total energy’ solutions for public housing
(EnergyAsia, August 19 2011, Friday) — Japan’s electronics giant Panasonic said it has teamed up with the Singapore government to test-bed its “total energy” solutions for a public housing project in Punggol estate. Panasonic will work with the Housing & Development Board (HDB), Energy Market Authority (EMA) and the Economic Development Board (EDB) to implement (more…)
CHINA: Shell opens its lubricants technical service centre in Zhuhai city in Guangdong province
(EnergyAsia, August 19 2011, Friday) — Royal Dutch Shell said it has opened its first lubricants technical service centre (TSC) in China to better serve its customers in the fast-growing country. The European major said the facility in Zhuhai city in Guangdong province is the latest addition to its global technology centres, bringing together teams (more…)
ASIA: Region to account for 82.5% of new global oil and gas storage capacities by 2015, says GlobalData
(EnergyAsia, August 19 2011, Friday) — Led by China, Asia will account for 82.5% of the world’s new oil and underground gas storage capacities by 2015, according to a report by GlobalData. The consulting firm expects 30 countries to build 100 oil storage terminals with a total capacity of more than 94.7 million cubic metres, (more…)
SINGAPORE: “Energy Map of Singapore/Johor 2011” and “Energy Industry in Singapore 2011 with directory”
(Energyasia, August 18 2011, Thursday) — The 2011 edition of this map measuring 120 cm by 90 cm, shows the latest oil, gas, petrochemical, chemical and power and marine installations and plants in Singapore and Johor. First produced in 1999, this unique map contains latest statistical information including oil and power consumption, refining capacities, power (more…)
MARKETS: OPEC reduced oil demand growth forecasts for 2011 and 2012
(EnergyAsia, August 17 2011, Wednesday) — Organisation of Petroleum Exporting Countries (OPEC) has reduced its forecasts for world oil demand growth for this year and 2012. The cartel now expects world oil demand to grow by 1.2 million b/d in 2011, down from its July forecast of 1.35 million b/d. For 2012, it sees world (more…)
ASIA: Logistics firm DHL Express increases carbon efficiency despite volume surge
(EnergyAsia, August 16 2011, Tuesday) — DHL, a world leading logistics company, said its Asia Pacific express division improved its carbon efficiency by 14.1% from 2009 despite increasing its shipping volumes throughout the region. Although total emissions were higher, DHL said it met its carbon efficiency goals as a result of its region-wide GoGreen programme (more…)
CHINA: US-based Turbine Engineering Company to supply gas turbine emissions systems
(EnergyAsia, August 16 2011, Tuesday) — Turbine Technology Services Corporation (TTS), a full-service gas turbine engineering services firm based in Orlando, Florida, said it is expanding in Asia with the delivery of two TTS CMS-1000 portable combustion dynamics measurement system (CDMS) to customers in the Chinese city of Jinjiang. The increase in the number of (more…)
MARKETS: EDITOR’s NOTE – Austerity as the new energy policy
(EnergyAsia, August 15 2011, Monday) — This article was first published in the Business Times of Singapore. Between April last year and March this year, the world was struck by three Black Swan events that ‘everyone’ knew would happen, yet, strangely, seemed unprepared for when they did. The Gulf of Mexico oil leak, the political (more…)
SINGAPORE: Chevron Oronite to expand Jurong Island additives plant
(EnergyAsia, August 12 2011, Friday) — Chevron Oronite has announced that it is planning to “significantly expand” the capacity of its existing additives plant on Jurong Island in Singapore by 2014. Without disclosing the investment cost and size of expansion, the company said it is planning to increase component manufacturing, blending and shipping capacity and (more…)
ASIA: IHS McCloskey reports “soaring” trading volume for its Indonesia coal swap index
(EnergyAsia, August 11 2011, Thursday) — US information and analysis provider IHS Inc said more than one million tonnes of Indonesian coal swaps have been traded and settled against the IHS McCloskey Indonesian Sub-Bituminous FOB marker as of late July. As the index gains acceptance as a key benchmark for the world’s top thermal coal (more…)
CHINA: Coal-fired power plant to use Shell’s Cansolv technology to remove sulphur dioxide
(EnergyAsia, August 11 2011, Thursday) —- Shell said its Cansolv Technologies Inc subsidiary has signed an agreement to license its proprietary scrubbing system technology to remove sulphur dioxide from a new 1.2 GW coal-fired power plant to be built at Duyun in China’s Guizhou province. Montreal-based Cansolv signed the agreement with Beijing Guodian Longyuan Environmental (more…)
CHINA: Trane says retrofit services improve chiller plant energy efficiency and reduce costs
(EnergyAsia, August 11 2011, Thursday) — Facility managers trying to keep operational costs under control should pay special attention to their chilled water system plants as they can consume up to 50% or more of a facility’s yearly electricity use. They also tend to become less energy efficient, less reliable and more costly to operate (more…)
CHINA: China National Coal to use KBR’s technology for two ammonia synloop units in Inner Mongolia
(EnergyAsia, August 10 2011, Wednesday) — Houston, Texas-based KBR said it has secured a contract to provide ammonia technology, process design package and technical services for two ammonia synloop units at the China Coal Erdos Energy and Chemical Co Ltd in Tuke Industrial Park in Erdos city in China’s Inner Mongolia region. China National Coal (more…)
SINGAPORE: SLNG awards separate contracts to Samsung C&T, Invensys and R2E for LNG terminal project
(EnergyAsia, August 10 2011, Wednesday) — Singapore LNG Corp Pte Ltd (SLNG) said it has awarded two separate contracts for a engineering, procurement, and construction (EPC) project, and provision of business process services for its S$1.7 billion liquefied natural gas (LNG) terminal now under construction on Jurong Island. (US$1=S$1.22). South Korea’s Samsung C&T Corp beat (more…)
PEOPLE: Merzlyakov appointed Mechel-Energo CEO
(EnergyAsia, August 8 2011, Monday) — Russian mining and metals giant Mechel OAO said it has appointed Anatoly Merzlyakov as CEO of subsidiary Mechel-Energo OOO, replacing Sergei Zorin. The company said Mr Merzlyakov, 59, will continue to streamline the financial, administrative and production activities of Mechel Group’s energy and sales companies, as well as tackle (more…)
SINGAPORE: China Aviation to supply jet fuel to airlines outside China
(EnergyAsia, August 8 2011, Monday) — China Aviation Oil (Singapore) Corporation Ltd (CAO) said it is expanding beyond the China market after securing agreements to supply jet fuel to Hainan Airlines and Turkish Airlines at airports outside the country. The Singapore-listed firm, which supplies jet fuel to airlines only within China, said the new sales (more…)
SOUTH KOREA: Steel maker POSCO forms joint venture with Canada’s Fortune Minerals to develop coal resources
(EnergyAsia, August 8 2011, Monday) — Canada’s Fortune Minerals Limited said it has formed a 80/20 joint venture with a subsidiary of South Korean steel maker POSCO to develop the Mount Klappan anthracite metallurgical coal project in north-western British Columbia province. Fortune Minerals, a London, Ontario-based diversified resource company with mineral deposits and exploration projects (more…)
SINGAPORE: “Energy Map of Singapore/Johor 2011” and “Energy Industry in Singapore 2011 with directory”
(EnergyAsia, August 5 2011, Friday) — The 2011 edition of this map, measuring 120 cm by 90 cm, shows the latest oil, gas, petrochemical, chemical and power and marine installations and plants in Singapore and Johor. First produced in 1999, this unique map contains latest statistical information including oil and power consumption, refining capacities, power generation (more…)