CHINA: Jaco Solarsi starts up mass production of upgraded metallurgical silicon in Fujian province

(EnergyAsia, January 21, Monday) — Jaco Solarsi Ltd, a privately held Chinese solar grade silicon producer, said it has started large scale commercial production of silicon feedstock using a metallurgical purification process at its plant in Xiamen city in Fujian province.The company has claimed it is the first Chinese company to mass produce upgraded metallurgical...

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AUSTRALIA: SPC’S Stake in Cue Energy Reaches 12.83%

(EnergyAsia, January 21, Monday) — Singapore Petroleum Company Limited (SPC) said it now owns or 12.83% or 80,574,126 ordinary shares of Australia’s Cue Energy Resources Limited. SPC has been progressively building up its stakes in the Australian upstream company since last July 23.In the latest announcement, SPC said it acquired 6,764,661 Cue Energy shares at...

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SINGAPORE: SOXAL to build 125-million-euro hydrogen plant to support Neste’s biodiesel project

(EnergyAsia, January 21, Monday) — Singapore Oxygen Air Liquide Pte Ltd (SOXAL), a fully owned subsidiary of Air Liquide, said it has signed a long term contract to supply hydrogen to Neste Oil’s proposed biodiesel plant in Singapore.To meet Neste Oil’s industrial gas requirements, SOXAL said it will invest 125 million euro to build, own...

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QATAR: Condensate refinery due to start-up by end 2008

(EnergyAsia, January 21, Monday) — The first phase of Qatar’s condensate refinery at the industrial city of Ras Laffan is on course to start up by the end of 2008, said Deputy Premier Abdullah bin Hamad al-Attiyah.The 146,000 b/d plant will process untreated gas condensate supplied by Qatargas, RasGas and Al-Khaleej Gas to produce the...

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INDIA: HCC awarded contract to build crude storage terminal at Visakhapatnam

(EnergyAsia, January 21, Monday) — Infrastructure builder Hindustan Construction Company (HCC) said it has bagged a Rs3.754 billion contract to build India’s first strategic crude oil storage at Vishakhapatnam in the eastern state of Andhra Pradesh. (US$1=Rs39).The contract, awarded by Indian Strategic Petroleum Reserves Limited (ISPRL), calls for the construction of underground rock caverns to...

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CHINA: JA Solar signs polysilicon agreement with Japan’s M.SETEK

(EnergyAsia, January 21, Monday) — Hebei, China-based JA Solar Holdings Co Ltd said it has agreed to purchase 485 metric tonnes of polysilicon from M.SETEK Co Ltd, a privately-held Japanese company and one of the world’s largest monocrystalline ingot and wafer manufacturers. The contract covers polysilicon supply this year, and is in addition to the...

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SINGAPORE: Technip awarded contract to build Neste Oil’s biodiesel plant

(EnergyAsia, January 21, Monday) — French engineering giant Technip said it has been selected by Finland’s Neste Oil Corporation as contractor for the engineering, procurement and construction management (EPCM) of its new generation NExBTL renewable diesel plant to be built in Singapore. The companies intend to continue their partnership for other future NExBTL plants.The plant,...

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CHINA: Foster Wheeler awarded contract for circulating fluidised-bed (CFB) steam generators

(EnergyAsia, January 18, Friday) — Engineering giant Foster Wheeler Ltd said that subsidiaries of its Global Power Energy Group were recently awarded a contract by Sinochem Quanzhou Petrochemical Co Ltd, a subsidiary of China’s Sinochem Corp, to supply two circulating fluidised-bed (CFB) steam generators.The generators are part of a major residue processing project by Sinochem...

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QATAR: France’s Areva awarded transmission and distribution contract

(EnergyAsia, January 18, Friday) — France’s energy company Areva said its transmission and distribution division (T&D) was awarded a contract worth nearly 500 million euro by state-owned Kahramaa or the Qatar General Electricity and Water Corporation. (US$1=0.68 euro).As part of the Qatar Power Transmission System Expansion programme, the project includes the turnkey delivery of 14...

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SINGAPORE: “COAL MARKETS 2008” to focus on Asia’s rising coal demand

(EnergyAsia, January 18, Friday) — “COAL MARKETS 2008”, to be held at the Le Meridien hotel in Singapore from January 30 to February 1, will discuss Asia’s growing demand for coal and its impact on the region’s power, industrial and infrastructure sectors.Representatives of coal buyers, producers, traders, shippers, financiers and regional institutions and organisations from...

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THAILAND: Thai Oil completes refinery expansion project

(EnergyAsia, January 18,Friday) — Thai Oil has successfully completed a 22% capacity expansion at its refinery at Sri Racha near Bangkok at a cost of nearly $220 million.The facility now has a nameplate capacity of 275,000 b/d, but can process up to 300,000 b/d of crude.The company’s petrochemicals subsidiary, Thai Paraxylene, is set to raise...

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BANGLADESH: Wartsila wins three gas-fuelled power plant contracts

(EnergyAsia, January 18, Friday) — Finland’s Wartsila has won three contracts to deliver gas-fuelled power plants to the Summit Group’s operations in the Bangladeshi towns of Rupganj, Maona and Jangalia.Wartsila said it will deliver generating sets together with related ancillary equipment and provide supervision of the installation work. Each site will have an output of...

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AUSTRALIA: Beach Petroleum’s reserves boosted by expanded coal seam gas assets

(EnergyAsia, January 18, Friday) — Australia-listed Beach Petroleum Limited said its reserves have been boosted by a major upgrade of its coal seam gas reserves at the producing Tipton West Field in central Queensland state.The field’s 1P reserves have surged by 560% to 167 petajoules (PJ) from the previous estimate of 25 PJ, while probable...

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CHINA: Suzlon Energy Tianjin signs two contracts with Chinese power project developer

(EnergyAsia, January 18, Friday) — Suzlon Energy Tianjin Limited (SETL), the Chinese subsidiary of India’s Suzlon Energy Limited and the world’s 5th largest wind turbine manufacturer, said it has signed two new orders with a leading Chinese power project developer, Jingneng Group, for the supply of 100MW of turbine capacity.The first order is for 33...

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MARKETS: EU to ban biofuels made from ‘unsustainable’ palm oil

(EnergyAsia, January 18, Friday) — The European Union is considering banning biofuels that fail to meet sustainable or ethical standards of production. A draft law to be unveiled next week will ban the 27-member union from using biofuels, biodiesel and ethanol produced from the destruction of wetlands, tropical rainforest and grasslands.Producers of crop fuels must...

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AUSTRALIA: NSW state government approves A$47 million fuel storage facility

(EnergyAsia, January 18, Friday)  — Australia’s New South Wales state government has approved a proposal by a private firm to build a A$47 million fuel and biodiesel storage terminal on Newcastle’s Kooragang Island. (US$1=A$1.2).Marstel Terminals is expected to start construction of the six 17-metre-high storage tanks in May. Located near the Walsh Point public reserve,...

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SINGAPORE: EOC Ltd reports near 10-fold rise in latest quarterly net profit

(EnergyAsia, January 18, Friday) –– Singapore’s EOC Limited, one of Asia’s largest and specialist operators of offshore construction and production vessels, has reported a 976% leap in its latest quarterly net profit to US$8.2 million. Revenue for the quarter ending November 30 rose 12 times to US$27.2 million.Earnings per share grew from US$0.013 to US$0.0742...

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UAE: European energy giants to submit nuclear power plant proposal

(EnergyAsia, January 17, Thursday) — French energy giants Total and Areva, and Belgium’s Suez engineering group said they will form a partnership to submit a nuclear power plant project to the UAE government. The proposed consortium will admit UAE companies as partners in its plan to build an integrated nuclear power generation solution comprising two...

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CHINA: France’s EDF Energies Nouvelles to buy photovoltaic modules from Solarfun and Yingli Green En

new contracts to purchase photovoltaic (PV) modules from China-based manufacturers for its solar energy projects. The first contract with Nasdaq-listed Solarfun involves an order of 17 MWp and an option for a further 5 MWp of monocrystalline silicon modules. The order was placed jointly with Photon Power Technologies, EDF Energies Nouvelles’ solar energy partner in...

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ENVIRONMENT: Canada’s oil sands industry gets fail grade in first environmental report by green grou

Canada, have given Alberta’s 10 oil sands mines a failing grade for their environmental practices. In their first joint assessment of the industry, “Under-Mining The Environment, The Oil Sands Report Card”, the two groups said they undertook the most comprehensive comparative assessment of 10 of the province’s operating, approved or applied for oil sands mines....

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MARKETS: Attack on LNG terminal would hit Boston economy, says US government report

terrorists succeeded in attacking the liquefied natural gas (LNG) import terminal in Everett, warns a new report by the US Government Accountability Office (GAO). Heating to thousands of homes, businesses and government buildings would be disrupted and electricity supply would be shut down at a time when the US Coast Guard is already thinly stretched....

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PEOPLE: Chemoil appoints Bandy as CEO

director Clyde Michael Bandy as its new chairman and CEO following the death of Robert Chandran in a helicopter crash last week. Mr Bandy, 59, a former senior Texaco executive, joined Chemoil as an independent director in August 2006. He last served as President of ChevronTexaco’s Fuel and Marine Marketing in 1997. Japanese trading house...

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INDIA: Kochi LNG terminal behind schedule

natural gas (LNG) terminal at Kochi port will only start up in late 2011, well past the original deadline of June 2010. Petronet blamed the delay in the Rs25-billion terminal on its disagreements with the Kochi Port Trust over a concession agreement. (US$1 = Rs39.15). The delay will directly affect the operations of state power...

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INDIA: Rajasthan state boosts green energy energy

into its renewable energy sector. (US$1=Rs39). To date, the state government has signed preliminary deals with 14 companies to develop power projects that use wind energy, biomass and solar energy. The state is looking at sites to build five wind power projects with a combined capacity of 1,600 megawatt (MW) and eight biomass projects for which...

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PAKISTAN: Political turmoil hits gas pipeline project with Afghanistan and Turkmenistan

(TAP) gas pipeline have ground to a halt with the political turmoil in Pakistan following last month’s assassination of its former Prime Minister, Benazir Bhutto. Officials from the three governments agreed they are unlikely to make any progress on the project until the political situation in Pakistan begins to stabilise. The proposed pipeline would run from Turkmenistan’s...

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