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GHANA: Russia, Belarus plan to make US$1 billion in investments
Tuesday, 24 August 2010

(EnergyAsia, August 24 2010, Tuesday) --- Investors from Russia and Belarus are planning to invest as much as US$1 billion in Ghana, which is expected to experience a major economic take-off...

 
CHINA: Sinopec starts building crude oil storage tanks in Zhejiang province
Tuesday, 24 August 2010

(EnergyAsia, August 24 2010, Tuesday) --- China’s largest refining company, Sinopec, said it has started building 14 commercial tanks to store crude oil in Cezidao in Zhejiang province in eastern China.

 
GHANA: Economic growth could top 20% next year on start-up of oil production, strong commodity pric
Tuesday, 24 August 2010

(EnergyAsia, August 24 2010, Tuesday) --- Ghana’s economic growth could top 20% next year, up nearly four times the projected 5.8% rate this year, thanks to the start-up of...

 
AUSTRALIA: Beijing approves China Coal for joint venture project with Metro Coal
Tuesday, 24 August 2010

(EnergyAsia, August 24 2010, Tuesday) --- China’s Commerce Ministry has approved an application by China Coal Import & Export Company (CCIEC), a wholly owned subsidiary of...

 
CHINA: Oil storage capacity expansion goes into overdrive
Tuesday, 24 August 2010

(EnergyAsia, August 24 2010, Tuesday) --- China is accelerating plans to expand its oil storage capacity as it increases import to take advantage of declining oil prices and diversify out of the US dollar.

 
AZERBAIJAN: Japan’s Itochu has acquired an additional interest in the ACG project
Tuesday, 24 August 2010

(EnergyAsia, August 24 2010, Tuesday) --- Japanese trading house Itochu Corporation said its wholly owned subsidiary, Itochu Oil Exploration (Azerbaijan) Inc, has agreed to purchase...

 
SINGAPORE: Island Power expects to start construction of LNG-fired power plant in 4th quarter
Monday, 23 August 2010

(EnergyAsia, August 23 2010, Monday) --- Island Power is expected to begin construction of its long-delayed S$1.2 billion 800MW combined cycle power plant on Jurong Island in the...
 
SINGAPORE: Panalpina launches dedicated logistics complex to serve the oil and gas industry
Monday, 23 August 2010

(EnergyAsia, August 23 2010, Monday) --- One of the world’s leading suppliers of forwarding and logistics services, the Swiss-based Panalpina Group, last week inaugurated what it claims to be the world’s first...
 
GHANA: “Oil curse” looms as people told to temper expectations from new found wealth
Monday, 23 August 2010

(EnergyAsia, August 23 2010, Monday) --- Ghana could find itself under the “oil curse” if its people do not temper their rising expectations when the new...
 
CHINA: Angola to stay as top oil supplier as Sinopec looks to develop proven field
Monday, 23 August 2010

(EnergyAsia, August 23 2010, Monday) --- China’s second-largest oil and gas producer Sinopec is looking to develop its recently acquired deep-water oil assets in Angola, which has emerged as the Asian nation’s...
 
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