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SINGAPORE: ‘The Synergies of Refining, Trading and Supply’ to be held from August 18 to 21
Wednesday, 06 August 2008

(EnergyAsia, August 6, Wednesday) --- The Oxford Princeton Programme will be holding a workshop on ‘The Synergies of Refining, Trading and Supply’ in Singapore from August 18 to 21.

The course is designed to provide delegates with a thorough understanding of the latest business techniques and refining technologies available to the oil supply, trading and refining industries. It will also highlight how the activities of these sectors may be optimised and synergised to maximise overall profitability. 

Through a variety of case studies, delegates will be able to learn the principles of refinery planning and economics as well as the basic principles and techniques involved in trading and supply.

The course will focus on the synergies between these sectors to help companies maximise profitability. Short-term operations and medium-term planning using linear programming and long-term investment decisions will also be addressed. 

Topics covered include supply-demand fundamentals, refinery utilisation, crude oil valuation, tanker markets, refining products, key qualities and overview of processes, oil markets, paper markets, processing deals, the economics of refining processes, refining and supply planning, and project investment.

For more information on ‘The Synergies of Refining, Trading and Supply’, please contact This e-mail address is being protected from spam bots, you need JavaScript enabled to view it .

 
SINGAPORE: ‘21st International Coal Supply Contracts and Transport Logistics’ - September 15 to 19
Wednesday, 06 August 2008

(EnergyAsia, August 6, Wednesday) --- The ‘21st International Coal Supply Contracts and Transport Logistics’ will be held at the M Hotel in Singapore from September 15 to 19.

The seminar aims to provide delegates with an overview of the entire coal supply chain. Topics covered include coal supply and transport agreements, freight markets and vessel selection, shipping contracts and paper trading, hedging for coal and shipping, the role of traders, brokers, agents and lawyers in arranging deals and transport and coal quality assurance in contracts and logistics.

The seminar is recommended for coal producers, buyers, sales and marketing managers, energy traders and marketers, financiers, shipping and logistics managers, exporters and importers, brokers, middle and back office managers, risk managers, lawyers and government officials involved in monitoring and regulating the coal trade.

‘21st International Coal Supply Contracts and Transport Logistics’ is organised by Coaltrans Conferences. For more information, please contact This e-mail address is being protected from spam bots, you need JavaScript enabled to view it .

 
SINGAPORE: IBC Asia’s ‘Energy Shipping 2008’ at Sheraton Towers from September 3 to 4
Tuesday, 05 August 2008

(EnergyAsia, August 5, Tuesday) --- ‘Energy Shipping 2008’ will be held at the Sheraton Towers Hotel in Singapore from September 3 to 4.

The rise of China and India as major oil and gas markets will help drive the shipping markets. Investors will have to pay closer attention to the economic and political environment, manning issues and environment concerns which play vital roles in shaping trade and investments.

The conference aims to provide a sound understanding of the opportunities and challenges ahead, and assist delegates with the business decision making process.

Speakers at the event include Jan Morten Eskilt (OSM Group AS), Saad Tayyab (Titan Ocean Pte Ltd), Avinash Kadam (Maersk Tankers), Vijay Bhandari (Teekay Shipping), Maneesh Pradhan (Anglo-Eastern Ship Management Ltd), Benny Low (Thome Shipmanagement Pte Ltd), Claus Plougmand (Maersk Broker Asia Ltd), Louisa Follis Simpson Spence & Young Research),

David Grimshaw (BP Shipping), Sumita Bose Roy (Bharat Petroleum Corporation), Peter Hinchliffe (International Chamber of Shipping), A K Seah (ABS Pacific), Divay Goel (Drewry Maritime Services) and Gan Seng Chee  (Ang & Partners).

‘Energy Shipping 2008’ is organised by IBC Asia. For more information, please contact This e-mail address is being protected from spam bots, you need JavaScript enabled to view it .

 
CONFERENCE: ‘Trends in the Offshore Drilling Rig Market’ in UK from September 23 to 24
Tuesday, 05 August 2008

(EnergyAsia, August 5, Tuesday) --- ‘Trends in the Offshore Drilling Rig Market’ will be held in London, UK from September 23 to 24.

The event will review the current state of the market, future predictions, financing options and commercial opportunities. It will also focus on the next generation drilling rigs, their capabilities and potential applications.

Speakers will discuss the outlook for offshore drilling, the impact of rising costs across the supply chain, rig owners’ perspectives, the deepwater markets in west Africa and south Atlantic, constraints and risks in rig construction, the importance of dry transportation, financing opportunities and challenges, the role of private equity financing in the drilling rig market,  technical risks, the future of deepwater drilling rigs,  advances in technology and dynamic positioning for drill ships, the latest generation of semi-submersible, challenges for Arctic drillships and long term charters.

Speakers at the event include Ian Burdis (AGR Well Management), Inge Oliversen (Keppel Norway), Cato Hellstenius (Ocean HeavyLift), Steve Meheen (Frontier Drilling USA Inc), Jay Cotaya (Exmar Offshore), James McCallum (Senergy Ltd), Michael Boysen Nielsen (Maersk Contractors), Rob Willings (Lime Rock Partners) and Sjur Agdestein (DVB Bank AG).

‘Trends in the Offshore Drilling Rig Market’ is organised by IBC Global Conferences. For more information, please contact This e-mail address is being protected from spam bots, you need JavaScript enabled to view it .

 
MARKET: University study predicts 30 cyclones and 19 typhoons in Western North Pacific
Monday, 04 August 2008

(EnergyAsia, August 4, Monday) --- Guy Carpenter & Company LLC, a leading global risk and reinsurance specialist, said it has published the Updated Prediction of Seasonal Tropical Cyclone Activity over the Western North Pacific for 2008.

This is the second report produced by the Guy Carpenter Asia-Pacific Climate Centre at City University of Hong Kong (GCACIC), launched in June.

The report describes how El Niño-Southern Oscillation (ENSO) is an important predictor of the number of tropical cyclones affecting the western North Pacific and the South China Sea.

While 2007 was a strong La Niña year, 2008 shows a weakening of this event such that the ENSO condition is in a neutral status. Historically, such a condition --- La Niña becoming neutral --- generally suggests a near-to-above-normal tropical cyclone activity, whereas other predictors indicate a slightly above-normal activity.

When considering all of the predictors, the GCACIC has forecast a normal to slightly above-normal year for all tropical cyclone categories for the entire Western North Pacific during 2008.

As such, the predicted total number of tropical cyclones remains at 30, consistent with April estimates. Similarly, the predicted number of typhoons remains at 19.

“These predictions would suggest that the La Niña event we witnessed in 2007 is unlikely to persist for the rest of the 2008 season,” said James Nash, CEO of Guy Carpenter’s Asia Pacific Region. “Thus, the number of tropical cyclones is expected to be at slightly-above or near-normal levels.”

The GCACIC is a leading regional hub for research on climate-related threats, catastrophic risk assessment and severe climatic event predictions for the Asia-Pacific region.

Guy Carpenter & Company, a member of the Marsh & McLennan Companies, is a world leading risk and reinsurance specialist. With 50 offices worldwide, Guy Carpenter creates and executes reinsurance solutions and delivers capital market solutions for clients across the globe.

 
FUNDS: US-based KLD Global Climate 100 Index makes 53% returns three years after launch
Monday, 04 August 2008

(EnergyAsia, August 4, Monday) –-- Boston, Massachusetts-based KLD Research & Analytics Inc has marked the third anniversary of its Global Climate 100SM Index (GC100) – the first global index focused on solutions to climate change.
  
The firm said the fund has returned 53% (15.24% annualised) from its launch on July 1, 2005 through June 30, 2008.  The index holds a diversified group of companies that are leaders in renewable energy, clean technology, energy efficiency and future fuels.

The GC100 includes a mix of 100 global companies that will provide near-term solutions to global warming while offsetting the longer-term impacts of climate change.

“Over the past three years, we’ve witnessed formation of a scientific, public policy and business consensus on the need to combat global climate change.  If our economy must depend less on fossil fuels, then our portfolios must do the same,” said Thomas Kuh, managing director of KLD Indexes.

“Renewable energy is part of the answer, but energy conservation and pollution prevention are also essential. The GC100 looks for opportunities on all these fronts.”

The GC100 includes companies who make promising energy-saving products, such as smart electric meters and superconductors, as well as alternative energy stocks.

The GC100 holds leading companies in the climate solutions value chain, including small, pure-play firms like Novozymes and GS Yuasa as well as large diversified companies like Siemens and General Electric.  The Index is equal weighted to ensure that investors benefit from these innovative companies regardless of their size.

“As the following chart shows, the holdings in the GC100 are positioned to profit from the trend toward de-carbonisation of the economy in response to climate change,” said GC100 Index manager Jed Sturman.

“As the price of oil has soared, GC100 constituent stocks like Vestas Wind Systems of Denmark and SolarWorld of Germany have shown strong returns. Smaller firms such as Conergy, Solon, and American Superconductor have also performed well.”

KLD created the GC100 in partnership with the Global Energy Network Institute, a research organisation that seeks to build connections among the world’s energy systems, with an emphasis on renewable energy resources.

“In the energy sector, we get what we invest in.  If we want a cleaner, more sustainable world in the future, we need to invest in climate solutions today,” said Peter Meisen of GENI.

 
MALAYSIA: First Solar inaugurates manufacturing plant in Kedah state
Monday, 04 August 2008

(EnergyAsia, August 4, Monday) --- First Solaplants under construction at the Kulim Hi Tech Park in Kedah in Malaysia was inaugurated last month.

First Solar’s investment of US$680 million will bring more than 2,000 jobs in management, engineering, accounting, human resources and factory operations when all four plants are fully operational.

The Malaysian government has granted First Solar a multi-year income tax holiday, and the Malaysian Industrial Development Authority (MIDA) is supporting cross training for the workforce at First Solar’s facilities in the US and Germany.

Ustaz Azizan Bin Abdul Razak, Kedah’s chief minister, and Bruce Sohn, President of First Solar, were guests of honour at the event which was attended by senior government officials and First Solar executives including Heiner Eichermueller, vice president of global manufacturing, and Tan Poh Beng, plant manager of First Solar Malaysia.

“Dedicating this plant represents a major milestone for First Solar. Our expansion into Asia enables us to achieve cost reductions through economies of scale in a high quality manufacturing environment,” said Bruce Sohn, President of First Solar.

“This is a matter of great pride for Kedah and Malaysia. Our entire work force is Malaysian at all levels throughout the operation. And we all receive the same specialised training and opportunities that First Solar associates enjoy throughout our global organisation,” said Tan Poh Beng, Plant Manager of First Solar’s Malaysia Facilities.

“The leaders of Kedah are pleased to have First Solar locate their first Asia-based solar module manufacturing facilities here in our state. We remain committed and supportive of their mission to enable clean, affordable solar energy. We are confident that all Malaysians will benefit from the quality of jobs that this facility brings to our community and applaud First Solar’s commitment to environmental responsibility,” said Chief minister Ustaz Azizan.

r said the first of its four solar module manufacturing

 
SINGAPORE: ‘Bunkering: Principles, Management & Operations’ from September 2 to 3
Friday, 01 August 2008

(EnergyAsia, August 1, 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.

Bunker fuel is probably the largest cost component for the shipping industry today. The cost of bunker fuel recently climbed to a record of more than US$770 a tonne FOB Singapore, double what it was a year ago.

This workshop is recommended for anyone interested in the bunker fuel markets in Singapore, and the world at large. This includes any professional in the oil trade, banks, financial institutions, refiners, shipping and marine companies, ports, insurance firms, government, regulators, consultancies, and the media.

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) and Dave Cheng Loon (Certification International 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.

 
AUSTRALIA: AGL acquires Allco’s wind farm development portfolio
Friday, 01 August 2008

(EnergyAsia, August 1, Friday) --- Australia’s AGL Energy Limited (AGL) said it has acquired the Australian wind farm interests of Allco Finance Group Limited (Allco) for A$12.5 million to help meet compulsory renewable energy targets. (US$1=A$1.03). The assets include seven development projects in the states of Queensland, New South Wales and South Australia.

AGL managing director Michael Fraser said the transaction was consistent with its strategy of developing a diverse pipeline of renewable projects to meet its long-term obligations under the Mandatory Renewable Energy Target (MRET) scheme.

Last month, the company announced an investment in Torrens Energy Limited and the development of its geothermal exploration licences.

“The Federal government has confirmed its commitment to a 45,000 GWh target by 2020 and AGL’s portfolio of current renewable generation and potential development opportunities positions us well under the expanded MRET scheme,” Mr Fraser said.

“The development portfolio we have acquired from Allco effectively represents an early entry option for us over potential future wind sites which should become increasingly valuable as the expanded MRET is deployed over time. It would also deliver further diversity across our renewable portfolio.”

 
SINGAPORE: ‘21st International Coal Supply Contracts and Transport Logistics’ from September 15 to 1
Friday, 01 August 2008

(EnergyAsia, August 1, Friday) --- The ‘21st International Coal Supply Contracts and Transport Logistics’ will be held at the M Hotel in Singapore from September 15 to 19.

The seminar is designed to provide delegates with an overview of the entire coal supply chain.

Topics covered include coal supply and transport agreements negotiation, freight markets and vessel selection, shipping contracts and paper trading, hedging for coal and shipping, the role of traders, brokers, agents and lawyers in arranging deals and transport and coal quality assurance in contracts and logistics.

The seminar is recommended for coal producers, buyers, sales and marketing managers, energy traders and marketers, financiers, shipping and logistics managers, exporters and importers, brokers, middle and back office managers, risk managers, lawyers and government officials involved in monitoring and regulating the coal trade.

‘21st International Coal Supply Contracts and Transport Logistics’ is organised by Coaltrans Conferences. For more information, please contact This e-mail address is being protected from spam bots, you need JavaScript enabled to view it .

 
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