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| MARKETS: OPEC officials issue conflicting signals on price direction |
| Monday, 18 August 2008 | |
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(EnergyAsia, August 18, Monday) --- Oil could dive right down to US$70 a barrel. Or, it could shoot |
| PEOPLE: Schuilwerve is Fortis’s senior managing director and head of merchant banking (Asia Pacific) |
| Monday, 18 August 2008 | |
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(EnergyAsia, August 18, Monday) --- European bank Fortis has promoted Paul Schuilwerve to senior |
| SINGAPORE: CAO may defer oil derivatives trading plan |
| Monday, 18 August 2008 | |
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(EnergyAsia, August 18, Monday) --- China Aviation Oil Singapore (CAO) said it started derivative |
| PEOPLE: Allegro appoints Brenton Smith managing director of Asia Pacific |
| Monday, 18 August 2008 | |
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(EnergyAsia, August 18, Monday) --- Allegro, a leading Texas, US-based energy trading and risk management (ETRM) solutions provider, has appointed Brenton Smith as managing director of Asia Pacific. With more than 20 years of experience in the IT application and software consulting industries, Mr Smith’s appointment will enhance Allegro’s ability to meet the specific needs of companies in Asia Pacific, and deliver the functionality and flexibility that drive customer success. Before joining CA, he was the managing director in Australia and New Zealand for Business Objects Australia. Mr Smith also held roles at Siebel Systems Australia, Brightstor Information Technology Group, and SAP Australia. “Brenton has an outstanding track-record of leading highly successful teams, building strong customer relationships, and developing and executing strategies in enterprise software organizations,” said Christopher Larsen, Allegro President and COO. “Brenton will be a tremendous asset as Allegro continues to meet the growing market demand within the Asia Pacific region, while delivering unique value to our regional customer base.” Allegro’s ETRM software solutions provide transparency and efficiencies across the front, middle and back offices, by leveraging advanced technologies like service-oriented architecture, grid computing, .NET, and web services. Its ETRM software solutions support some of the largest energy and trading companies worldwide, encompassing all energy commodities. |
| SINGAPORE: ‘Financing Energy Projects in Asia’ to be held at Intercontinental from October 21 to 22 |
| Monday, 18 August 2008 | |
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(EnergyAsia, August 18, Monday) --- The 13th annual ‘Financing Energy Projects in Asia’ conference will be held at the Intercontinental Hotel in Singapore from October 21 to 22. Asia’s energy demand is expected to grow in line with its fast-growing economies. This huge demand for energy requires massive investment and Asian governments are keen to attract private sector finance. Speakers at the event include Rod Morrison (Project Finance International), Michael Ochoada Sinocruz (Philippines Department of Energy), Nigel Hartley (Oil Search), Stefan Robertsson (CLP Holdings Limited), Ranald Spiers (International Power), Jackie Surtani (KBC Global Structured Finance), Nicholas Vix (Calyon), Flora Zhao, (AES Asia and Middle East), Michael Barrow (Asian Development Bank), Ashok Mitra (KPC (Kaltin Prima Coal)), Brad Sterley (Standard Chartered), Frédéric Crampé (ReEx Capital Asia), Takashi Hongo (JBIC), James Berner (GE Energy Financial Services), Sudhakar Shukla (Ministry of Power, India), Supratim Sarkar (SBI Capital Markets), Andrew Kinloch (Logie Group) and Suyono Dikun (University of Indonsesia). ‘Financing Energy Projects in Asia’ is organised by Thomson Reuters. For more information, please contact This e-mail address is being protected from spam bots, you need JavaScript enabled to view it . |
| INDONESIA: Alstom-Marubeni consortium awarded combined cycle power plant contract |
| Monday, 18 August 2008 | |
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(EnergyAsia, August 18, Monday) --- A consortium comprising France’s Alstom and Japan’s Marubeni |
| MARKETS: Wishful thinking up as price drop provides short-term relief |
| Monday, 18 August 2008 | |
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(EnergyAsia, August 18, Monday) --- Long-suffering oil consumers caught some relief as US WTI |
| MARKETS: Chatham House predicts US$200 oil in coming supply crunch |
| Monday, 18 August 2008 | |
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(EnergyAsia, August 18, Monday) --- Oil will surge past US$200 a barrel and the world will |
| DUBAI: International firms agree to buy up to 20% stake in Dubai Mercantile Exchange |
| Monday, 18 August 2008 | |
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(EnergyAsia, August 18, Monday) --- Six international firms have agreed to buy up to 20% of the |
| PEOPLE: Consultant says Asian companies losing talents to MidEast oil and gas companies |
| Monday, 18 August 2008 | |
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(EnergyAsia, August 18, Monday) --- Asian companies are losing a broad range of talents to the oil |




























