(EnergyAsia, April 21, Monday) ---- ‘Basin Analysis Asia 2008’ will be held at Hotel Imperial Kuala Lumpur in Malaysia from May 12 to 13. The conference aims to provide a deeper understanding of the development of hydrocarbon reserves.
 
Delegates will learn about reservoirs developments through a case study, the usefulness of stratigraphic trap risk to improve seal integrity, new exploration concepts, basin modelling techniques in deepwater environments, the ambiguous conditions of geochemical analysis data and how to interpret them, how geochemical surveys reduce risk in hydrocarbon exploration, how to reduce the risk of exploration by source rock evaluation and how to analyse source rock maturity using fluorescence techniques.

Two post-conference workshops will be held at the same venue on May 14.

The first workshop, ‘Geochemical prospecting strategies for mitigation of exploration risk and basin analysis’  will discuss surface geochemical prospecting methods, geochemical survey methodologies, data management and interpretation, surface geochemical case histories, source rock characterisation and basin analysis for hydrocarbon generation. The workshop will be led by Dr B. Kumar from the National Geophysical Research Institute.

The second workshop, ‘Oil migration and hydrocarbon charge history analysis: Innovative techniques and case studies from Southeast Asia, China and Australia, will address exploration and development issues on evaluating source rock maturity, detecting oil migration pathways, determining pays and by-passed pays, assessing seal integrity, evaluating reservoir connectivity, determining hydrocarbon charge timing and sequence, estimating reserves and predicting hydrocarbon attributes. It will be led by Dr Keyu Liu from CSIRO Petroleum Australia.

‘Basin Analysis Asia 2008’ is organised by K2B International. For more information, please contact This e-mail address is being protected from spam bots, you need JavaScript enabled to view it .

(EnergyAsia, April 21, Monday) --- NYSE-listed AES Corporation said it has completed the $930 million purchase and transfer of assets of the 660 MW Masinloc coal-fired thermal power plant on Luzon Island in the Philippines.

AES and its eight percent minority partner International Finance Corporation (IFC) paid the full purchase price upfront to complete the transaction of the plant in the Barangay Bula, Zambales Province in one step.

The transaction funding included $635 million in secured non-recourse financing comprised of a $240 million, 18-year facility from IFC, a $200 million, 15-year facility from Asian Development Bank, and a $195 million, 10-year facility from a consortium of banks including ING Bank, Security Bank, Bank of Philippine Islands and Rizal Commercial Banking Corporation. In addition, over $30 million of unsecured working capital facility commitments have been obtained from three local banks.

Approximately 60% of the electricity generated at the Masinloc plant will be sold to electric distribution companies, cooperatives and special economic zones via power supply contracts of various tenors in place at the plant turnover. The remaining capacity will be sold through the wholesale power pool or under new contracts.

AES said it won the bid in a privatisation auction conducted by the Power Sector Assets and Liabilities Management Corporation (PSALM). Originally constructed in 1998, the plant utilises coal from a variety of sources in the Pacific Rim. Through this acquisition, AES now operates the Philippines’ first privatised thermal plant.

 “This acquisition is a key component of our strategy to invest in areas where there is a significant need for new capacity and offers AES an excellent entry point into the growing Philippine economy through the lowest cost thermal plant in the system,” said Paul Hanrahan, AES President and CEO.

“This is a particularly attractive investment because the existing facility has the infrastructure in place to allow AES to add an additional 600 MW of generation capacity. As AES has done through similar acquisitions in other parts of the world, we expect to improve the overall efficiency and output of the existing plant, providing more reliable energy to the Philippine market.”

Mark Woodruff, executive vice president and President of AES’s Asia and Middle East region, said:
“The impressive local and international group of commercial and multilateral lenders reflects not only the strong fundamentals of the project but also demonstrates the strength of the project finance market in Asia.”

AES has been operating in Asia since 1994. Today, AES’s businesses in the region include electric utilities and generation facilities in China, India, Jordan, Oman, Pakistan, Qatar and Sri Lanka. AES has more than 5,000 MW of generation capacity in the region.

AES is one of the world’s largest global power companies, with 2007 revenues of $13.6 billion. With operations in 28 countries on five continents, its generation and distribution facilities have the capacity to serve 100 million people worldwide.

Its 13 regulated utilities amass annual sales of over 78,000 GWh and our 121 generation facilities have the capacity to generate approximately 43,000 megawatts.

(EnergyAsia, April 21, Monday) --- The recently released ‘World Energy Atlas 2007’, a great source of cartographic information for the oil and gas industry, containing 139 mapping plates over 280 colour pages.

The Atlas includes details of major oil and gas fields and pipelines, deepwater fields, oil refineries, underground gas storage and processing facilities, LNG facilities including those under construction, planned or speculative, tanker terminals and detailed topography throughout.

‘World Energy Atlas 2007’ is accompanied by a CD-ROM that will enable readers to print maps in full colour, incorporate the maps into presentations, zoom in on areas with no loss of resolution and locate places of specific interest.

For more information, please contact This e-mail address is being protected from spam bots, you need JavaScript enabled to view it .

(EnergyAsia, April 18, Friday) --- The ‘5th MidEast Upstream 2008’ conference will be held at the Madinat Jumeirah Hotel in Dubai from May 27 to 28.

The conference follows the success of last year’s event which featured presentations from 30 leading experts who addressed more than 150 participants from the world that included representatives from government agencies, national oil companies and corporate players.

(EnergyAsia, April 18, Friday) --- The ‘3rd Renewable Energy Finance Forum China’ will be held at the Ritz Carlton Hotel in Beijing, China from May 14 to 15.

As China evolves beyond a speculative venture into a well established investment opportunity, revisions to the renewable energy promotion law are being drafted to encourage the growth of its wind, solar, biomass and small hydro markets.

Speakers at the event include Gao Guangsheng and Wang Xiangjin (National Coordination Committee on Climate Change, NDRC), Chen Huan (China’s Ministry of Finance), Griffin Thompson (US State Department), Zhang Lizheng (China Construction Bank), Jin Ming (State Grid), Zhao Shiming (Huaneng New Energy Industrial), Han Junliang (Sinovel Wind), Fan Xiaohong (Shanghai Electric Power Company), Thomas Richterich (Nordex AG), Gao Jifan (Trina Solar), Shi Zhengrong (Suntech Power Holdings) and Peng Xiaofeng (LDK Solar).

The ‘3rd Renewable Energy Finance Forum China’ is organised by Euromoney Energy Events and Chinese Renewable Energy Industries Association. For more information, please contact This e-mail address is being protected from spam bots, you need JavaScript enabled to view it .

(EnergyAsia, April 18, Friday) --- ISO said it has approved the creation of a project committee mandated to develop an international standard on energy management.

The standard will provide all types of organisations and companies a practical and widely recognised approach to increase energy efficiency, reduce costs and improve their environmental performance by addressing both the technical and management aspects of rational energy use.

(EnergyAsia, April 17, Thursday) --- World renowned energy publisher Petroleum Economist has released three books: Encyclopedia of LNG, LNG - A Glossary of Terms and Fundamentals of Gas to Liquids. For more information on these books, please contact This e-mail address is being protected from spam bots, you need JavaScript enabled to view it .

Encyclopedia of LNG
The liquefied natural gas business has embarked on a sustained period of unparalleled growth, largely fuelled by its introduction into new markets. The industry continues to grow and become more complex at the same time. New firms are entering the business at all links of the supply chain, forcing established players to evolve and show increasing differentiation.
This book aims to provide an understanding of the LNG business and covers major sections including supply and demand, management and technology, projects by region, statistics and a glossary of terms. It also contains a World LNG map produced by Petroleum Economist's renowned cartographic department.

LNG - A Glossary of Terms
This 70-page book is a vital reference for those interested in the industry. It contains a complete listing of the important terms used and each entry consists of a detailed explanation of the term and its application within the sector. The glossary includes a complete list of vocabulary.

Terms found in the book include abandoned well, able-bodied seaman (AB), abnormal peak day (APD), access and accumulation.

Fundamentals of Gas to Liquids
This second edition of the 64-page book contains 19 articles which examines all aspects of the industry. Subjects covered include major project updates, marketing opportunities for GTL products, life-cycle analysis, project financing and plant design and economics. It also contains a history of the industry and a glossary of terms.

The book features contributions from the major industry players including Sasol Chevron, Shell, ExxonMobil, Syntroleum,  Calyon,  Technip,  CSIRO Petroleum,  PetroSA, Toyota Motor Europe, Foster Wheeler  and Purvin & Gertz.

Sasol Chevron chief executive George Couvaras described Fundamentals of Gas to Liquids as “an independent, objective and authoritative guide to the industry.”

(EnergyAsia, April 17, Thursday) --- ‘China Nickel 2008’ will be held at the Grand Hyatt hotel in Shanghai, China from May 28 to 29.

As China continues to grow, its demand for metal has escalated and despite the fall in nickel price, the country’s demand continues to soar with consumption rising six-fold since 2000.

Topics addressed include global nickel market outlook, Asian market developments, trends and challenges for stainless steel, China’s mining industry developments, challenges and opportunities and Laterite.

Conference speakers include Huang Ruitang (Zhejiang Huaguang Smelting Group), Steve Barnett (Nickel Institute), Tony Howland-Rose (Allegiance Mining), Luo Shu (Ramu NiCo Management (MCC)), Zou Jian (China Metallurgical Mining Corporation), Mathew Longworth (Heron Resources), Warren Gilman (CIBC World Markets), Rob Thomson (Asian Minerals Resources Ltd), N.C. Mathur (Jindal Stainless Ltd) and Chong Da hai (Xinhua News Agency)

This conference 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 .