(EnergyAsia, November 11 2011, Friday) — Reflecting the growing importance of the Asia Pacific markets, Peabody Energy said it is moving its global headquarters for its coal business from St Louis in Missouri state in the US to Brisbane in Australia. The NYSE-listed company announced the relocation of the office of the Executive Vice President (more…)

(EnergyAsia, November 11 2011, Friday) — The governments of Japan, France and the Asian Development Bank (ADB) are extending a combined US$400 million loan to support Indonesia’s drive to reduce greenhouse gas emissions and strengthen its resilience against climate change. Japan will be providing US$200 million while France and the ADB will each contribute US$100 (more…)

(EnergyAsia, November 10 2011, Thursday) — The Asian Development Bank (ADB) said it is lending US$170 million for Thailand to build a new 1,600MW power plant to help meet its demand for clean, affordable electricity. Due to start up in 2014, the natural gas-fired plant will be built in Nong Saeng district north of Bangkok (more…)

(EnergyAsia, November 10 2011, Thursday) — Ramba Energy Limited, an oil and gas exploration and production company with interests in Indonesia, said it has started gas production from the JRR-7 development well at its Jatirarangon block in West Java in Indonesia. With approximately four million standard cubic feet per day (mmscfd) flowing from the first (more…)

(EnergyAsia, November 10 2011, Thursday) — NYSE-listed Oiltanking Partners LP has announced that its board has approved expansion projects to construct two new crude oil pipelines in the Houston Ship Channel and approximately one million barrels of new crude oil storage capacity at the Oiltanking Houston terminal in the US. Due for completion in 2013, (more…)

(EnergyAsia, November 9 2011, Wednesday) — German precious metals and technology group Heraeus has launched a full-service photovoltaic (PV) silver paste production facility in Singapore and its first in the Asia Pacific region. As the company’s third regional research centre after US and Germany, the facility will provide specialist services driven by its photovoltaic business (more…)

(EnergyAsia, November 9 2011, Wednesday) — Singapore’s RH Petrogas Limited said its wholly owned subsidiaries, Petrogas (Basin) Ltd and RHP Salawati Basin BV, have discovered gas and condensates in the Sorong area in Indonesia’s West Papua province. The company said recent drill stem tests conducted in the North Klalin-1 exploration well drilled in the Kepala (more…)

(EnergyAsia, November 9 2011, Wednesday) — Engineering giant Foster Wheeler AG said one of its subsidiaries has signed a 20-year agreement with Essar Projects India Ltd (EPIL), a subsidiary of Essar Group, to provide a technology license for utility-sized circulating fluidised-bed (CFB) steam generators to be sold in India. The terms of the agreement were (more…)

(EnergyAsia, November 9 2011, Wednesday) — Australia’s Parliament has voted to pass the government’s carbon tax package that the coal association says contains “fatal flaws” handicapping one of the country’s largest expert earners at a time of uncertainty in the global economy. With the support of the Greens party, the Senate voted 36 to 32 (more…)

(EnergyAsia, November 8 2011, Tuesday) — An “astonishing” 7.1 million tonnes of carbon dioxide (CO2) was estimated to have been emitted into Singapore’s atmosphere last year, according to a Frost & Sullivan study commissioned by Germany’s specialty chemicals company LANXESS. The study found that 45% of this emission came from passenger cars which made up (more…)

(EnergyAsia, November 8 2011, Tuesday) — The following is an edited version of the speech delivered by Martin Ferguson, Australia’s Minister for Resources and Energy, on October 24. “Pipelines are essential to our standard of living. They provide us with gas for cooking and heating, along with water for drinking and washing – not to (more…)

(EnergyAsia, November 8 2011, Tuesday) — With 3.6 billion tonnes carbon dioxide equivalent (CO2e) traded, the value of the global carbon markets grew 3% to US$71 billion in the first half of 2011, said the International Emissions Trading Association (IETA). Of this, the Clean Development Mechanism (CDM) market continues to be the second-largest segment globally, (more…)

(EnergyAsia, November 8 2011, Tuesday) — Indonesian coal miner PT Adaro Energy Tbk said its net income for the nine months ended September 30 2011 surged 96.5% to a record US$376 million. Its net revenue increased 48% year over year (y-o-y) to US$2.9 billion while gross profit margins improved to 34.4% from 31.8% over the same (more…)

(EnergyAsia, November 4 2011, Friday) — Singapore’s Ezra Holdings said its subsea construction division EMAS AMC has secured a contract from BP Exploration & Production Inc to perform subsea work in the Atlantis field in Green Canyon Block 743 in the Gulf of Mexico. The project scope consists of the installation and replacement of subsea (more…)

(EnergyAsia, November 4 2011, Friday) — Australia’s Cougar Energy Limited has re-affirmed its two-pronged strategy to expand into Asia while seeking recovery of its Kingaroy power plant project in Queensland that has been shut down by the state government. The ASX-listed company is working on developing and commercialising alternative energy projects, using the world’s best (more…)

(EnergyAsia, November 3 2011, Thursday) — The Clean Energy Expo Asia 2011 held in Singapore this week aims to raise awareness of sustainable energy innovations in the Asia Pacific region. The annual event which includes a trade fair and conference promotes the development and adoption of renewable energy, energy efficiency and sustainable mobility by demonstrating (more…)