(EnergyAsia, July 6 2012, Friday) — Australia’s Cougar Energy Limited said it has extended its agreement for the use of a proprietary underground coal gasification (UCG) technology from Canadian technical partner Ergo Exergy Technologies Inc. Cougar said it signed the extension for the use of the Montreal-based company’s ?UCGTM Technology just as it is “aggressively (more…)

Map of Batang in Java, IndonesiaSources: Adaro Energy, J-Power, Itochu Corp (EnergyAsia, July 5 2012, Thursday) — Greenpeace activists staged a march through Jakarta city yesterday in protest against plans by a consortium to build Southeast Asia’s largest coal-fired power plant in the coastal district of Batang on north central Java. Stopping at the Maritime (more…)

(EnergyAsia, July 5 2012, Thursday) — Singapore-based Good Coal Pte Ltd has been awarded an exclusive technology licensing agreement to develop, deploy and market a proprietary clean coal technology in Southeast Asia. US-based Clean Coal Technologies Inc which owns a 45% stake in Good Coal said the newly established company will promote its Pristine-M technology. (more…)

(EnergyAsia, July 5 2012, Thursday) — NYSE-listed InterOil Corp said it is separating the roles of chairman and chief executive and added two members to its board including a former Prime Minister of Papua New Guinea. The company, which is focused on developing oil and gas projects in Papua New Guinea, said Rabbie Namaliu, who (more…)

(EnergyAsia, July 4 2012, Wednesday) — Canada’s Erdene Resource Development Corp said it has agreed to separate its domestic and Mongolian mineral and coal assets into two companies. Erdene will sell off its 25% interest in the Donkin coal project in Cape Breton in Canada’s Nova Scotia province to another Canadian firm, Advanced Primary Minerals (more…)

(EnergyAsia, July 4 2012, Wednesday) — Aspire Mining Limited said it and rail giant JSC Russian Railways (RZD) are discussing the possibility of extending the Trans-Mongolian Railway across northern Mongolia that would help deliver coking coal from the Australian firm’s Ovoot mine. The discussion is provided for under a non-binding memorandum of understanding (MOU) that (more…)

(EnergyAsia, July 4 2012, Wednesday) — Brent crude rebounded above US$100 a barrel July 3 for the first time since June 11 on worries that oil supplies could be affected by the growing tensions between Iran and the West, strike action by Norwegian oil workers, and possible work disruption in the Gulf of Mexico with (more…)

(EnergyAsia, July 4 2012, Wednesday) — China’s energy use and production growth are showing signs of slowing down. According to the National Bureau of Statistics, the country’s electricity production grew by just 4.7% to just under 3,900 billion watt-hours in the first five months of the year, with thermal power output rising by just 4.1%. (more…)

(EnergyAsia, July 3 2012, Tuesday) — Following on the Queensland state government’s announced support for the expansion of two major coal mining areas, Australia’s QR National said it is evaluating a joint proposal for an integrated rail proposal after awarding a A$76-million contract for a new loop section to the Wiggin Island project. (US$1=A$0.97). Australia’s (more…)

(EnergyAsia, July 3 2012, Tuesday) — Japanese trading house Sojitz Corporation said it has agreed to pay RMB30 million for a 10% stake in Inner Mongolia Zhongmeng Coal Co Ltd, a wholly-owned subsidiary of China’s Inner Mongolia Erdos Group, which is involved in Mongolia’s resource business. (US$1=RMB6.36). As Japan’s third largest coal trader, Sojitz, which (more…)

(EnergyAsia, July 3 2012, Tuesday) — Australia mining giant BHP Billiton said it will invest US$845 million to expand its Appin metallurgical coking coal mine, south-west of Sydney, to replace production from its nearby West Cliff mine. The company expects the new 3.5-million-tonne site to be operational in 2016 in time to maintain its production (more…)

(EnergyAsia, July 2 2012, Monday) — Australia’s resources and energy commodity export earnings are forecast to reach a record A$209 billion in the financial year ending June 30 2013, said the Bureau of Resources and Energy Economics (BREE). The agency did not give an estimate for the country’s export earnings for the last financial year (more…)

(EnergyAsia, July 2 2012, Monday) — Australia’s International Coal (ICX) said it has concluded a farm-in and joint venture agreement with Queensland Coal Investments Pty Ltd (QCI), a wholly owned subsidiary of Hancock Prospecting Pty Ltd (HPPL), with respect to various tenements in the Maryborough basin. Located in a well-known and highly prospective hard coking (more…)

(EnergyAsia, June 29 2012, Friday) — Malaysia’s state-owned energy company Petronas has agreed to purchase Canadian gas producer Progress Energy Resources Corp for C$5.5-billion, and to build a liquefied natural gas export terminal in the coastal town of Prince Rupert. (US$1=C$1.03). The proposed acquisition will build on the companies’ previous announcement to develop a portion (more…)

(EnergyAsia, June 29 2012, Friday) — The Shah Deniz consortium, led by UK’s BP and Norway’s Statoil, has concluded its evaluation of potential gas export routes towards Southeastern and Central Europe. In a statement, the consortium operator BP said the Nabucco West project with a route running from the Turkish-Bulgarian border to Baumgarten has been (more…)

(EnergyAsia, June 29 2012, Friday) — Hong Kong-listed upstream firm MIE Holdings Corporation said it has agreed to acquire a 51% stake in Sino Gas & Energy Limited (SGE) as part of a strategic partnership with its Australia-listed parent firm, Sino Gas & Energy Holdings Limited, which is undertaking exploration work in China’s Shanxi province. MIE (more…)

(EnergyAsia, June 29 2012, Friday) — The Kazakhstan government has agreed to pay a Western consortium US$2 billion for an immediate 10% stake in the development of the country’s Karachaganak condensate and gas fields that is shaping up to be one of the largest upstream projects in the world. In a statement, key shareholder UK’s (more…)

(EnergyAsia, June 28 2012, Thursday) — A coalition of non-governmental organisations (NGOs) has issued a report outlining the challenges and negative impacts arising from an increasingly troubled US$16 billion dollar liquefied natural gas (LNG) project in Papua New Guinea’s Hela province. ExxonMobil is leading a consortium to extract natural gas from the onshore Hela region (more…)