(EnergyAsia, February 6, Friday) — The financial crisis could delay ambitious plans by Australia’s Woodside Petroleum to boost its liquefied natural gas (LNG) production capacity, analysts said. Companies and governments around the world are facing growing difficulty in raising finance and the recent sharp falls in energy prices are negatively weighing in on the projects’...
(EnergyAsia, February 6, Friday) — MayBank Investment has written the following about Malaysia’s Kencana Petroleum. Unlike its regional peers, Kencana Petroleum has yet to experience any project cancellations or deferment, as the bulk of its orderbook are Petronas (Malaysian state energy firm) projects. Based on current workflow, 70% of its RM1.5 billion outstanding orderbook will...
(EnergyAsia, February 6, Friday) — Japan’s MHI said it and GE have agreed to study the joint development of steam turbine for gas turbine combined cycle (GTCC) power plants. The two companies have signed a memorandum of understanding (MOU) in agreeing to integrate their technologies to create a new generation steam turbine. They will consider...
(EnergyAsia, February 6, Friday) — US-based Navajo Wind Energy Corp said it has acquired Guangzhou Jianianxiang Co Ltd, a Chinese wind farm and power trading company. Navajo said the acquisition will provide it a comparative advantage in developing its wind power generating facilities in China. GJCL, originally an electrical engineering firm, has evolved to focus...
(EnergyAsia, February 5, Thursday) — A major regional conference closed in Bangkok, Thailand last week with an urgent call for businesses and governments in the Asia Pacific region to make climate change adaptation central to their core operations. The “Asia-Pacific Business Forum 2009/Climate Game Change – Innovations and Solutions for Climate Change Adaptation” brought together (more…)
(EnergyAsia, February 5, Thursday) — Cavico Corp, a leading infrastructure development company in Vietnam, said its wholly owned subsidiary, Cavico Hydropower Construction, has won a $9.8 million construction contract on a hydropower project. The contract was awarded by the Song Giang 2 Hydropower Joint Stock Company. Cavico Hydropower will be responsible for the construction of...
(Energy Asia, February 5, Thursday) — China’s State Grid Corp aims to start construction work on three additional ultra-high voltage (UHV) power lines this year. The firm recently brought one UHV line online and already has two lines under construction, giving the country a total of six lines by end-2009. UHV lines can supply large...
(EnergyAsia, February 5, Thursday) — Moser Baer, an India-based technology company, said its photovoltaic subsidiary is ready to start producing thin film photovoltaic modules at its manufacturing plant in Greater Noida. This follows final acceptance test (FAT) certification of the company’s photovoltaic SunFab™ thin film line supplied by Applied Materials Inc., the California-based nanomanufacturing technology...
(EnergyAsia, February 5, Thursday) — French oil major Total SA said it recently signed a 15-year agreement to supply liquefied natural gas (LNG) to China National Offshore Oil Corp. Total will deliver up to one million metric tons of LNG a year for 15 years, starting 2010. The gas will be delivered to CNOOC’s import...
(EnergyAsia, February 5, Thursday) — Japan’s Mitsubishi Heavy Industries Ltd (MHI) said it has received an order for an 800 megawatt (MW) natural gas-fired gas turbine combined-cycle (GTCC) power generation system from ENMAX Green Power Inc, a subsidiary of Canada’s ENMAX Corp. The power generation system is destined for the Shepard Energy Centre to be (more…)
(Energy Asia, February 5, Thursday) — The China Academy of Sciences (CAS) wants to undertake research efforts to turn China into a major global solar energy power by 2050. The CAS is working on an action plan for which it is seeking input from experts in the country and abroad. China has huge potential for...
(Energy Asia, February 5, Thursday) — John Beneman, a US expert on microalgae biofuels, has been named adviser to the South Australian Research and Development Institute (SARDI) in Adelaide. SARDI is hoping to develop algae-based biofuels that are sufficiently commercially viable to compete against conventional fossil fuels. Dr Brennan, who has been working in this...
(EnergyAsia, February 5, Thursday) — China WindPower Group Limited, a Hong Kong-listed specialist in wind power electricity generation in China, said it has signed two wind power development project agreements with Kangbao county and Guyuan county in Hebei province. The projects boast a capacity of 200MW each in the first phase. China Windpower said it...
(EnergyAsia, February 5, Thursday) — Perfectenergy International Limited, a China-based manufacturer of customised and standard photovoltaic solar cells, modules and systems, said that its subsidiary, Perfectenergy (Shanghai) Co Ltd, has entered into a sales contract valued at more than $150 million with Abidas AG of Germany. Abidas will purchase 50 MW of mono-crystalline solar modules...
(EnergyAsia, February 4, Wednesday) — USONYX, a leading Asian web hosting service provider, and Japan’s NEC Asia, have teamed up to help raise the energy efficiency of data centres. Developed with the goal of introducing powerful and precise yet environmentally-friendly products into data-centre markets, they said the NEC Express5800/iModel servers feature 1U rack optimised size (more…)
(Energy Asia, February 4, Wednesday) — India’s Nimbkar Agricultural Research Institute (NARI) said it has developed ethanol-powered lanterns and stoves. The appliances come with cylinders for low-grade ethanol that provide a supply of up to 25 days. In their application, the ethanol cylinders can be reused and will function like the widely-used cylinders for liquid (more…)
(Energy Asia, February 4, Wednesday) — Europe will likely fall short of its biofuels blending target as the “next-generation” biofuels are not yet ready for commercial use. European Union member states have set a target of a 5.75%-biofuels content by 2010 and 10% by 2020. Researchers at consulting firm Frost & Sullivan found that 5%...
(Energy Asia, February 4, Wednesday) — Turkish company Zorlu Enerji and India’s Hyderabad Electric Supply Corporation have agreed to jointly develop a US$130 million wind power project. The 50MW of wind power generated by the project will be supplied to Hyderabad Electric Supply Corporation and sold to households. In the first phase, the partners said...
(Energy Asia, February 4, Wednesday) — India’s Emami Biotech said it has started producing biodiesel at its plant in Haldia in eastern India. The plant is designed to use jatropha as its primary raw material. The project, with an eventual capacity pegged at 100,000 tonnes per year, was built by Emami in cooperation with Desmet...
(Energy Asia, February 4, Wednesday) — India’s Bihar state has given its approval to private firms to construct several new biomass plants. Energy-starved Bihar is rich in agricultural resources that could be tapped to provide a steady supply of biomass feedstock. A number of investors have registered their interest in building new biomass plants in...
(EnergyAsia, February 4, Wednesday) — Exxon Mobil Corporation said its technology leadership in liquefied natural gas (LNG) has resulted in an industry breakthrough in carrier design and size, enabling the more efficient transport of natural gas to markets throughout the world. The US major said that recent completion of the world’s first Q-Max LNG carrier,...
(EnergyAsia, February 4, Wednesday) — India’s ONGC Mittal Energy Limited (OMEL) and Kazakhstan’s KazMunaiGaz (KMG) said they have signed a Heads of Agreement (HOA) to explore for oil and gas in the Satpayev block inside Caspian Sea area controlled by Kazakhstan. The 1582-sq km Satpayev block is located in a water depth of five to...
(EnergyAsia, February 4, Wednesday) — China Industrial Waste Management Inc (CIWM), a Dalian-based industrial waste processor and provider of environmental protection, pollution treatment and waste management design services in China, said it has received its second quarterly payment from the local Dalian government. Dongtai Water Recycling Co Ltd, an indirect majority-owned subsidiary of CIWM, has...
(EnergyAsia, February 4, Wednesday) — Petrofac, the UK-based international oil and gas facilities service provider, said it has been awarded a US$2.3 billion contract by Abu Dhabi Company for Onshore Oil Operations (ADCO) for the development of the onshore Asab oil field. Under the 44-month lump-sum contract, Petrofac will provide engineering, procurement and construction (EPC)...
Keppel Offshore & Marine Limited in the US Gulf of Mexico, said it has delivered the jackup drilling rig, Offshore Intrepid, to Scorpion Intrepid Ltd, a subsidiary of Scorpion Offshore Ltd. With this delivery, Keppel AmFELS has completed the series of five LeTourneau Super 116 jackup rigs commissioned by Scorpion in 2005 without delay. The...