http://aseanenergy.org/news Daily Energy News in ASEAN Fri, 11 Apr 2008 10:18:38 +0000 http://backend.userland.com/rss092 en Source: The Jakarta Post, 11 Apr 2008 Medco Energi Group is investing in a joint venture with Singapore’s Biofuel Industries (BI) to develop a biomass cogeneration power plant in Jurong, Singapore, worth an estimated US$55 million. The plant, the first of its kind in Singapore, will depend on horticultural ... http://aseanenergy.org/news/?p=1085 Source: The Jakarta Post, 09 Apr 2008 House of Representatives’ Commission VII for energy and mineral resources on Monday named R. Priyono the new chairman of upstream oil and gas regulator BPMigas, as the agency grapples with continued inefficiency in managing the energy sector. Priyono, currently the director for upstream ... http://aseanenergy.org/news/?p=1084 Source: Bangkok Post, 09 Apr 2008 Governments and automakers need to work together on an ‘’energy security roadmap'’ focusing on many different energy resources, according to Steve Carlisle, the Thailand-based chief of operations for General Motors in Southeast Asia. Addressing an industry forum on alternative fuels, Mr Carlisle said that GM ... http://aseanenergy.org/news/?p=1083 Source: Associated Press, 07 Apr 2008 Oil prices rose Monday in Asia as prospects for further cuts in U.S. interest rates seemed more likely after poor U.S. jobs data at the end of last week. The U.S. Labor Department said Friday that employers cut payrolls by 80,000 jobs last month, much more ... http://aseanenergy.org/news/?p=1082 Source: The Brunei Times, 07 Apr 2008 WITH oil prices near record highs, Malaysia could cut subsidies for higher grades of petrol in order to keep prices down for middle income groups and the poor, reports said yesterday. The government expects to spend US$10.7 billion on fuel subsidies this year if oil ... http://aseanenergy.org/news/?p=1081 Source: Bangkok Post, 07 Apr 2008 Speculative liquidations up to midweek put concrete pressure on the crude oil market last week by more than $5 a barrel, encouraged by the restart of an Iraqi oil terminal. In addition, the US dollar strengthened against the euro as the sub-prime contagion spread into ... http://aseanenergy.org/news/?p=1080 Source: The Jakarta Post, 07 Apr 2008 Vice President Jusuf Kalla renewed calls Friday for state-owned power company PT Perusahaan Listrik Negara (PLN) to speed up construction of coal-fired power plants in a bid to swiftly resolve a power crisis plaguing Java. Kalla made the statement during his visit to the Suralaya ... http://aseanenergy.org/news/?p=1079 Source: Bangkok Post, 2 Apr 2008 PETROLEUM: PTT Exploration and Production Plc said yesterday that it expected to sign a deal with CNOOC Ltd of China later this month to swap stakes of gas fields in Burma. “We should sign a contract with CNOOC within this month,” said CEO Anon Sirisaengtaksin. PTTEP said ... http://aseanenergy.org/news/?p=1078 Source: Bangkok Post, 2 Apr 2008 Thailand expects to start negotiations with Cambodia on April 21 in Bangkok on offshore petroleum fields in the disputed waters in the Gulf of Thailand, according to Songpop Polachan, deputy director-general of the Department of Mineral Fuels. The Ministry of Foreign Affairs would host the ... http://aseanenergy.org/news/?p=1077 Source: The Jakarta Post, 01 Apr 2008 State oil and gas company PT Pertamina is targeting the production of 65.72 million barrels of crude oil in 2008 despite its failure to achieve its 2007 output target. President director Ari H. Soemarno said Monday this year’s target would be 25.73 percent higher than ... http://aseanenergy.org/news/?p=1076