(EnergyAsia, August 5 2011, Friday) — Australia has laid claim to establishing the world’s first research alliance between industry and science to support the sustainable development of coal seam gas (CSG) production and use. Based in Brisbane, the Gas Industry Social and Environmental Research Alliance (GISERA) was jointly launched last month by CSIRO Chief Executive (more…)

(EnergyAsia, August 4 2011, Thursday) — NYSE-listed InterOil Corporation said it and Pacific LNG Operations Ltd have signed a Heads of Agreement (HOA) with Noble Clean Fuels Limited, a wholly-owned subsidiary of Singapore-listed Noble Group Limited, for the supply of one million tonnes per year (mt/y) of liquefied natural gas (LNG) from Papua New Guinea (more…)

(EnergyAsia, August 3 2011, Wednesday) — China Petroleum & Chemical Corporation (Sinopec) and Syntroleum Corporation, a Tulsa, Oklahoma company said they have started up their jointly-owned 80 b/d demonstration plant in Zhenhai district in China’s Zhejiang province. The plant uses the Syntroleum-Sinopec Fischer Tropsch technology to convert coal, asphalt and petroleum coke into high value (more…)

(EnergyAsia, August 3 2011, Wednesday) — L & L Energy Inc, a US-based company operating coal businesses in China, said its income rose by nearly 20% to US$37 million while its revenue more than doubled to a record US$224 million for the FY2011 which ended on April 30. Fully diluted earnings per share from continued (more…)

(EnergyAsia, August 2 2011, Tuesday) — Germany’s Siemens Energy said it recently received separate large orders to deliver coal-to-gas plants and wind turbines to two customers in China, although it did not reveal the value of the contracts. Last month, the company said it secured from CPI Xinjiang Energy Co Ltd a contract to deliver (more…)

(EnergyAsia, August 2 2011, Tuesday) — Australia-listed Hunnu Coal said it is targeting to produce 1.5 million tonnes of coal from the Tsant Uul deposit in Mongolia next year and three million tonnes in 2013. The company said it expects to start production in the last quarter of 2011 after announcing that it had been (more…)

(EnergyAsia, August 1 2011, Monday) — Coal Services Pty Ltd said it has reduced workers’ compensation premium rates for the New South Wales coal mining industry by 2.78% for the current financial year 2011/2012, with the target premium rate set at 3.5%. This is the latest in a series of reductions that have seen insurance (more…)

(EneryAsia, July 29 2011, Friday) — A consortium led by US major Chevron Corporation have secured agreements to supply liquefied natural gas (LNG) from its Wheatstone natural gas project in Australia to Japan’s Tokyo Electric Power Company (TEPCO). Chevron said that its Australian subsidiaries, together with US-based Apache Energy and Kuwait’s Kufpec will deliver up (more…)

(EnergyAsia, July 29 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 (more…)

(EnergyAsia, July 29 2011, Friday) — Singapore, the world’s busiest port by vessel arrival tonnage, has launched a new operations centre to further raise the bar on navigational safety and security to support the region’s maritime trade. The official opening this week of the new Port Operations Control Centre (POCC) in Changi on the western (more…)

(EnergyAsia, July 28 2011, Thursday) — The 12-member Organisation of the Petroleum Exporting Countries (OPEC) could see their net oil export revenues surge by 35% to a new high of US$1,028 billion in 2011, and by a further 7.8% to US$1,108 billion in 2012, said the US Energy Information Administration (EIA). In its July 2011 (more…)

(EnergyAsia, July 28 2011, Thursday) — Indonesia’s economy will continue to experience strong growth the next two years but will face rising inflationary pressures caused partly by the removal of energy subsidies, said the International Monetary Fund (IMF). The fund gave its finding in a report submitted by its Asia Pacific division chief, Thomas Rumbaugh, (more…)

(EnergyAsia, July 27 2011, Wednesday) — Saudi Aramco and The Dow Chemical Company said they have agreed to form an equal joint venture to build and operate a US$20-billion fully integrated chemicals complex in Jubail Industrial City in Saudi Arabia by 2016. The companies said their boards authorised the formation of the new joint venture, Sadara (more…)

(EnergyAsia, July 26 2011, Tuesday) — Gazprom Marketing and Trading Singapore Pte Limited said it has signed a Memorandum of Understanding with Indian Oil Corporation Limited (IOCL) to supply up to 2.5 million tonnes per year of liquefied natural gas (LNG) for up to 25 years. This is Gazprom Singapore’s fourth LNG supply contract into India (more…)

(EnergyAsia, July 26 2011, Tuesday) — Rotary Engineering Limited said it has secured 13 different contracts with a total value of S$40 million in recent months, including a project to build two fuel oil tanks and a water tank for Alstom Power Singapore Pte Ltd. (US$1=S$1.2). Located at the Tuas Power Station at 60 Tuas South (more…)

(EnergyAsia, July 25 2011, Monday) — China Natural Gas Inc (CNGI), a provider of compressed natural gas for vehicular fuel and pipeline natural gas for industrial, commercial and residential use in Xi’an city, said it has started operation at its liquefied natural gas (LNG) plant in Jingbian county in Shaanxi province. Qin’an Ji, CNGI’s chairman (more…)

(EnergyAsia, July 25 2011, Monday) — Dyna-Mac Holdings Ltd, a Singapore-based provider of engineering, procurement and construction (EPC) services to the offshore oil and gas industries, has reported a 29% increase in net profit to S$7.6 million on revenue of S$44.8 million for its fourth quarter ended May 31 2011. (US$1=S$1.22). The company has proposed (more…)

(EnergyAsia, July 22 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…)

(EnergyAsia, July 22 2011, Friday) — Canada’s ShawCor Ltd said its pipecoating division, Bredero Shaw, has secured a contract worth more than US$60 million from Welspun Corp Limited to provide pipeline coatings and related products and services for an oil and gas project off the coast of Myanmar. Bredero Shaw will provide anticorrosion coating and (more…)

(EnergyAsia, July 21 2011, Thursday) —- German’s Tognum engineering and energy services group said it plans to increase its offering of MTU power solutions to the fast-growing oil and gas industry in Asia. Asian companies are becoming more active in oil and gas exploration and production activities, with shipyards a central piece in producing offshore (more…)

(EnergyAsia, July 21 2011, Thursday) — China’s largest offshore oil producer, CNOOC Limited, has swooped in to acquire bankrupt oilsands company OPTI Canada Inc for US$2.1 billion in cash and debt. Wholly-owned subsidiary CNOOC Luxembourg will pay US$34 million in cash for the Calgary, Alberta company’s shares, US$1.18 billion for some notes and assume US$825 (more…)

(EnergyAsia, July 20 2011, Wednesday) — CME Group, the world’s leading and most diverse derivatives marketplace, said it has named Julien Le Noble as head of its Asia Pacific office in Singapore from August 1. Mr Le Noble, 39, will lead CME Group’s efforts to develop benchmark products and services to meet the needs of (more…)

(EnergyAsia, July 20 2011, Wednesday) — While showing signs of economic recovery, post-quake Japan must consolidate its fiscal position by lowering public debt and implementing reforms, said the International Monetary Fund (IMF). Following the massive earthquake that struck northeastern Japan on March 11, Tokyo has increased spending and pushed the country’s public debt to higher (more…)

(EnergyAsia, July 19 2011, Tuesday) — Longwei Petroleum Investment Holding Ltd, a US-listed company engaged in the storage and distribution of oil products in China, said it has increased its cash deposit to RMB550 million to complete its proposed purchase of the 100,000-tonne oil storage assets of Huajie Petroleum Co Ltd in northern Shanxi Province. (more…)

(EnergyAsia, July 18 2011, Monday) — US engineering firm Black & Veatch said it and Chemtex will design and build two new liquefied natural gas (LNG) terminals in China’s Shaanxi province, adding to the 16 that the consortium has already been awarded since 2006. Located in the cities of Jingbian and Yulin, the terminals will (more…)