(EnergyAsia, August 13 2010, Friday) — The 3rd Asia Bulk Liquid Chemicals Shipping & Storage Conference 2010 to be held in Shanghai, China on September 9-10, will focus on industry trends and new opportunities in the liquid chemical marketplace. Organised by CBI Events, the event will gather leading industrial players, tanker ship owners and logistics (more…)

(EnergyAsia, August 12 2010, Thursday) — The 4th Asia Pacific Coal Trading & Investment Outlook 2010 (APCIO 2010) in Shenzhen on September 28 and 29 will focus on the impact of China’s shift to net importer status and the changing pattern of imports of Asia’s main coal consuming countries. Under the theme of “New Pattern, (more…)

(EnergyAsia, August 6 2010, Friday) — By Darrell Delamaide for OilPrice.com.  China has overtaken the US as the world’s biggest consumer of energy in the most tangible evidence yet of the coming dominance of the Chinese economy. According to data from the International Energy Agency (IEA) in Paris, China consumed 2,252 million tons of oil (more…)

(EnergyAsia, August 6 2010, Friday) — Graig Ship Management (GSM), a subsidiary of UK-based shipowning and shipping services conglomerate Graig Group, said it has opened a deep water anchorage site at Batam in Galang Bay off Indonesia’s Galang Island to provide safe and secure anchorage for all vessel types. Close to trade routes and airports, (more…)

(EnergyAsia, August 2 2010, Monday) — Australian oil and gas producer Santos said it has executed a A$2 billion loan facility from nine banks to refinance its existing S$700 million of undrawn bilateral bank facilities maturing between 2011 and 2013. (US$1=A$1.2). Santos executive vice president and chief financial officer Peter Wasow said the facility will (more…)

(EnergyAsia, August 2 2010, Monday) — Leading global bunker broker and trader KPI Bridge Oil Singapore Pte Ltd, a fully owned subsidiary of the London-based KPI Bridge Oil Group, has moved its offices to 1 Raffles Place in the heart of downtown Singapore. Due to the steady growth and expansion of its bunker brokering and (more…)

(EnergyAsia, July 28 2010, Wednesday) — By Vivek Shankar Mathur, Associate, Energy Security Analysis Inc (ESAI). Summary: The end of price controls on gasoline and diesel (in phases) in India marks a clear break from previous attempts at price deregulation and indicates a renewed emphasis on domestic energy sector reform. In the short-term, this move (more…)

(EnergyAsia, July 26 2010, Monday) — Oil market summary for week of July 19 to 23, by Darrell Delamaide for OilPrice.com. Prices of crude oil futures slumped below $79 a barrel on Friday July 23 despite a stock market rally and the rise of Tropical Storm Bonnie in the Gulf of Mexico. The downward turn (more…)

(EnergyAsia, July 20 2010, Tuesday) — The International Bunker Industry Association (IBIA), the 600-member worldwide bunkering confederation with consultative status at the International Maritime Organisation (IMO), said it concluded its inaugural Bunker Cargo Officer Course in Singapore. The association awarded certificates of competency to its first batch of graduates, Chen Chao, Mohamed Riszuan and Shahrizal (more…)

  (EnergyAsia, July 12 2010, Monday) — By Darrell Delamaide for Oilprice.com. Crude oil futures finished the week ending Friday July 9 on a positive note, tracking stocks upward after hitting the low for a month earlier in the week. The benchmark West Texas intermediate contract settled Friday at $76.09 a barrel, up 65 cents (more…)

(EnergyAsia, July 7 2010, Wednesday) — Wartsila, Finland’s ship power systems integrator, said it has signed a contract to supply a complete ship power system for a new wind turbine installation vessel (WTIV) to Lamprell plc of the UAE. Wartsila said it has been selected for its low fuel consumption, environmentally sound technology, and global (more…)

(EnergyAsia, July 6 2010, Tuesday) — The following article was written by Jim Driscoll, a geothermal expert with Victoria, Australia-based Hot Dry Rocks Pty Ltd. He was responding to EnergyAsia’s question on how Asia can exploit its enormous geothermal potential to produce this free and clean source of energy. “Geothermal energy has long been utilised (more…)

(EnergyAsia, June 30 2010, Wednesday) — Dubai Electricity & Water Authority (DEWA) said it is building six substations with a power capacity of 400 kV and 56 others with a power capacity of 132 kV this quarter as part of its efforts to develop its transmission and distribution infrastructure in Dubai. Costing up to 10 (more…)

(EnergyAsia, June 25 2010, Friday) — The following is an edited version of the speech delivered by Singapore’s Trade and Industry Minister Lim Hng Kiang at the groundbreaking ceremony of Sembcorp Marine’s new integrated shipyard in Tuas on Monday. “Gao Hongfeng, Vice Minister of Transport, People’s Republic of China His Excellency Wei Wei, People’s Republic (more…)

(EnergyAsia, June 24 2010, Thursday) — UK’s BG Group said it has appointed Chris Finlayson, a petrophysicist and wellsite petroleum engineer, to the position of Executive Vice President for Europe and Central Asia. Mr Finlayson, most recently the upstream Executive Vice President for Shell Global Solutions will join BG Group from September 1. Ashley Almanza, (more…)

(EnergyAsia, June 23 2010, Wednesday) — Singapore’s Sembcorp Marine has begun work on building a massive integrated shipyard at the newly reclaimed Tuas View Extension on the western part of the island. When fully completed, the 206-hectare custom-designed, purpose-built yard will boost the company’s total dock capacity by 62% to 3,075,000 dwt. Its strategic location (more…)

(EnergyAsia, June 21 2010, Monday) — Market summary for week ended June 18, by Darrell Delamaide for Oilprice.com. Crude oil futures held on to strong gains for the week in lacklustre Friday (June 18) trading, after higher-than-expected inventories earlier in the week threatened to cut short the rally. At the same time, with the front-month (more…)

(EnergyAsia, June 14 2010, Monday) — Oil market summary for week ending June 11, by Darrell Delamaide for Oilprice.com. After clawing its way back above $75 a barrel on Thursday for the first time in four weeks, the US WTI benchmark oil futures contract fell back again on Friday on news of an unexpected decline (more…)

(EnergyAsia, June 8 2010, Tuesday) — The global solar industry will see a “surprising” surge in demand in 2010, driving up prices in the first part of the year before quickly cooling off in 2012, said a senior analyst at GTM Research, the economic research and advisory arm for Greentech Media. The world’s installed solar (more…)

(EnergyAsia, June 2 2010, Wednesday) — Singapore’s trade in physical crude and major oil products reached a record high of 4.43 million b/d in the first quarter of this year, exceeding 4.22 million-b/d level of last year. All the growth came from the products trade which expanded more than 8% to 3.6 million b/d to (more…)

(EnergyAsia, May 31 2010, Monday) — The ‘2010 International Tanker Shipping Summit (TISS)’, organised by CBI China, will be held in Shanghai, China on June 24 and 25. The event is expected to attract over 100 decision makers from major oil importing and exporting nations around the world. It will provide delegates with a platform (more…)

(EnergyAsia, May 27 2010, Thursday) — “Enough is enough!”, says a petition launched on cyberspace last week demanding governments around the world take concrete action to end the increasing problem of Somali-based piracy threatening lives and global trade. The e-petition www.endpiracypetition.org is backed by an unprecedented coalition of organisations including BIMCO, ICS, IFSMA, IMEC, IPTA, (more…)

(EnergyAsia, May 24 2010, Monday) — By Darrell Delamaide for Oilprice.com. Crude oil prices ended just above $70 a barrel on Friday May 21 after dipping below that threshold earlier in the week ending May 21. The benchmark June contract for West Texas Intermediate settled at $68.01 before it expired on Thursday, after falling below (more…)

(EnergyAsia, May 21 2010, Friday) — Publisher Taylor & Francis together with the Institution of Engineers Singapore (IES) recently discussed the potential of nuclear power in Singapore in their latest issue of The ‘IES Journal Part A: Civil & Structural Engineering’  (Volume 3, Number 1, 2010). Written by Andrew Palmer, Seeram Ramakrishna and Hassan Muzaffar (more…)

(EnergyAsia, May 17 2010, Monday) — The 2010 China Pipeline Summit, supported by the International Pipeline and Offshore Contractors Association (IPLOCA), and International Gas Union and Pigging Products and Services Association, last month brought together leaders from around the world to explore methods to optimise pipeline safety, said conference organiser Noppen Shanghai Co Ltd. Held (more…)