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| SINGAPORE: ‘Bunkering: Principles, Management & Operations’ on Sept 2 to 3 |
| Friday, 08 August 2008 | |
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(EnergyAsia, August 8, Friday) --- August Energy Pte Ltd will be holding a workshop on ‘Bunkering: Principles, Management & Operations’ at the Bestway Building, off Shenton Way on September 2 and 3. Topics addressed include the structure of the oil markets in general and the bunker markets in particular, the impact of the US credit crisis, the crackdown on malpractices, supply-demand balances, Singapore as a major hub in the global bunker supply chain, operational and management practices, and government policies. The event will also examine the role of surveyors and inspectors, bunker contamination, dispute handling, MARPOL rules and requirements, auditing practices and policy in Singapore. Speakers include Lee Hong Liang (Bunker World), Douglas Rait (IBIA Asia Exco), Yee Peng Fei (PSB consultant), Benson Leong (Certification International Pte Ltd), Howard Pang (Horizon Terminals Singapore), Lee Soon Khiong (consultant) and Tham Heng Mun, (August Energy Pte Ltd). Who should attend: crew and staff of bunker companies, shipping lines, bunker purchasing department, brokers, banks, financial institutions, oil companies, government agencies dealing with the marine and maritime industries, traders, operations staff of trading firms. |
| SINGAPORE: KS Energy said value of rig contracts now stand at S$140 million |
| Friday, 08 August 2008 | |
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(EnergyAsia, August 8, Friday) --- Singapore-listed KS Energy Services Ltd said its wholly-owned subsidiary Atlantic Oilfield Services Ltd (AOS) has secured a drilling contract with an unidentified international oilfield operator for the supply ... |
| SINGAPORE: Rotary Engineering posts half year net profit of S$21.9 million |
| Friday, 08 August 2008 | |
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(EnergyAsia, August 8, Friday) --- Singapore-listed Rotary Engineering Limited said its first half net profit fell 22% to S$21.9 million, while group revenue slipped 8% to S$251.7 million over the same period last year. (US$1=S$1.36). |
| MALAYSIA: Oil and gas reserves drop slightly |
| Friday, 08 August 2008 | |
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(EnergyAsia, August 8, Friday) --- Malaysia’s oil and natural gas reserves edged down marginally to 20.13 billion barrels of oil equivalent (boe) on January 1, said state oil and gas company Petronas. In 2006, the reserves stood at 20.18 billion boe. |
| MARKETS: Oil supplies expected to tighten after 2010 |
| Friday, 08 August 2008 | |
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(EnergyAsia, August 8, Friday) --- The International Energy Agency (IEA) expects further tightening of world oil supplies after 2010. It has called on producer countries to increase their investments in production and infrastructure. |
| INDONESIA: Pertamina to import more fuel in August |
| Friday, 08 August 2008 | |
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(EnergyAsia, August 8, Friday) --- Indonesia’s state oil and gas firm PT Pertamina will have to sharply increase its imports of refined products and fuel in August as its huge Cilacap refinery in Java is undergoing a major overhaul. |
| AUSTRALIA: LNG producers warn projects threatened by government emissions plan |
| Friday, 08 August 2008 | |
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(EnergyAsia, August 8, Friday) --- Australia’s planned national emissions trading scheme could damage the viability of country’s massive liquefied natural gas (LNG) industry, an important export earner for the country. |
| SINGAPORE: Sembcorp Marine’s PPL Shipyard lands US$220 million jack-up rig order |
| Friday, 08 August 2008 | |
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(EnergyAsia, August 8, Friday) --- Singapore’s Sembcorp Marine said its subsidiary PPL Shipyard has secured a second contract from Egyptian Drilling Company (EDC) to build a jack-up rig. |
| JAPAN: Sanyo starts up new plant to produce solar cell modules |
| Friday, 08 August 2008 | |
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(EnergyAsia, August 8, Friday) --- Japan’s Sanyo Electric Co Ltd said it has completed construction of a two-billion-yen plant in Ohtsu city in Shiga Prefecture for the assembly of HIT solar cell modules as part of a wide plan to develop its solar energy |
| CHINA: Fitch affirmed ratings on CNOOC Ltd |
| Friday, 08 August 2008 | |
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(EnergyAsia, August 8, Friday) --- Rating agency Fitch Ratings has affirmed CNOOC Ltd’s long-term foreign and local currency Issuer Default Ratings (IDRs) at ‘A’, short-term foreign and local currency IDRs at ‘F1’, and its senior unsecured ratings at ‘A’. The outlook is stable. |
