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MARKET: Gulf of Mexico oil leak could lead to loss of 100,000 b/d of crude supply in 2011
Thursday, 02 September 2010

(EnergyAsia, September 2 2010, Thursday) --- The Gulf of Mexico oil leak will lead to tighter operating and regulatory standards that are likely to undermine the industry’s ability to...

 
SINGAPORE: Engineering firm Rotary may take stake in oil storage business
Thursday, 02 September 2010

(EnergyAsia, September 2 2010, Thursday) -- Oil and gas infrastructure contractor Rotary Engineering said it is looking to build, own and operate oil storage terminals in Asia...

 
IVORY COAST: Trafigura to appeal toxic waste ruling in Amsterdam
Thursday, 02 September 2010

(EnergyAsia, September 2 2010, Thursday) --- Oil trader Trafigura Beheer BV is likely to appeal a one-million euro fine imposed by a Dutch court that found the company guilty of illegally...

 
PHILIPPINES: President Aquino supports establishment of oil stockpile facility
Thursday, 02 September 2010

(EnergyAsia, September 2 2010, Thursday) --- The administration of Philippine President Benigno Aquino III is reviving a decade-old plan to set up an oil stockpile facility to bolster the country’s energy security.

 
IRAN: UAE’s Crescent insists gas deal with NIOC remains in force
Thursday, 02 September 2010

(EnergyAsia, September 2 2010, Thursday) --- The UAE’s Crescent Petroleum has disputed reports that its long-term agreement to purchase natural gas from National Iranian Oil Company (NIOC) has been rescinded.

 
NIGERIA: Sabotage of oil pipeline, facilities on the rise
Thursday, 02 September 2010

(EnergyAsia, September 2 2010, Thursday) --- Oil spills and leaks are an established fact of life in hydrocarbon-rich Nigeria. But, who is to blame?

 
CHINA: Coalbed methane to make up third of unconventional gas supply by 2030, said Wood Mackenzie
Thursday, 02 September 2010

(EnergyAsia, September 2 2010, Thursday) --- An energy consultant has predicted that coalbed methane (CBM) will make up one-third of China’s unconventional gas supply by 2030...

 
MARKETS: Norway’s DnB NOR forecasts E&P spending to rise 11% in 2010, and 8% in 2011
Wednesday, 01 September 2010

(EnergyAsia, September 1 2010, Wednesday) --- Norwegian bank DnB NOR has forecast that 70 of the world’s leading upstream companies will increase their collective...

 
CHINA: Far East Wind Power investing in wind farm in Yunnan province
Wednesday, 01 September 2010

(EnergyAsia, September 1 2010, Wednesday) --- Far East Wind Power Corp (FEWP) said it plans to invest US$20 million in a proposed 49.5MW wind farm in China’s Yunnan province...

 
NIGERIA: Investment prospects brighten with banking, oil reforms
Wednesday, 01 September 2010

(EnergyAsia, September 1 2010, Wednesday) --- Fund managers consider Nigeria as one of the most attractive investment destinations these days as Africa’s...

 
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