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Posts Tagged ‘energy’

Demands for price hikes submitted

The Energy Agency has received demands for increasing the prices of electricity and gas. Chief of the government’s working group for the security of energy supplies, Nikola Rajaković, did not want to comment on how great the demands for price hikes are that came from Serbian Electric (EPS) and Srbijagas.

Ramba Energy – Corporate moves

Lee Seck Hwee has been appointed CFO wef Sep 1
Work experience: Regional CFO, Beloit Asia Pacific Pte Ltd; group VP, finance, SembCorp Engineers & Constructors Ptd Ltd

Renewable Energy Asia rated ‘buy’ by Kim Eng

Kim Eng Research in a Sep 2 research report says: “The group offers a unique vertically-integrated business model that spans from wind farm projects to components manufacturing, as well as EPC and the maintenance of wind farms.

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Renewable Energy Asia started at Buy by Kim Eng

Kim Eng Securities starts Renewable Energy Asia Group (5DW.SG) at Buy with $0.50 target price, based on 12x FY12 P/E, according to Dow Jones.

Kim Eng says company offers unique vertically-integrated business model spanning wind farm development, components manufacturing, plus engineering, procurement and construction.

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Morgan Stanley’s Alan Koh to join Standard Chartered in Energy

Alan Koh, a former managing director with Morgan Stanley in Asia, will be joining Standard Chartered Plc as global head of energy sales, according to a note by Commodity Appointments, a placement consultant.

Koh was one of 212 executives globally appointed as managing directors in December, according to Morgan Stanley’s website. Standard Chartered corporate affairs manager Romany Parakrama couldn’t be reached by telephone and didn’t immediately respond to an e-mailed request for comment today.

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Renewable Energy Asia Group – Corporate moves

Wong Gang has been appointed independent director/audit committee member wef Aug 16
Work experience: Advocate and solicitor; partner, Shook Lin & Bok LLP

Energy conservation: Not such a bright idea

Making lighting more efficient could increase energy use, not decrease it

SOLID-STATE lighting, the latest idea to brighten up the world while saving the planet, promises illumination for a fraction of the energy used by incandescent or fluorescent bulbs. A win all round, then: lower electricity bills and (since lighting consumes 6.5% of the world’s energy supply) less climate-changing carbon dioxide belching from power stations.

Well, no. Not if history is any guide. Solid-state lamps, which use souped-up versions of the light-emitting diodes that shine from the faces of digital clocks and flash irritatingly on the front panels of audio and video equipment, will indeed make lighting better. But precedent suggests that this will serve merely to increase the demand for light. The consequence may not be just more light for the same amount of energy, but an actual increase in energy consumption, rather than the decrease hoped for by those promoting new forms of lighting. …

Temasek hires ex-Shell executive for energy

Singapore state investor Temasek Holdings (TEM.UL) has hired a former Royal/Dutch Shell (RDSa.L) executive, Glenn Corrie, as its director for energy investments, a company spokeswoman said on Thursday.

Corrie, a former manager of global LNG strategy & portfolio at Royal Dutch Shell, will report to Gregory Lanham, a managing director for investment at Temasek, sources familiar with the hiring told Reuters.

Temasek has increased investments in the energy and resources sector lately as it diversifies a portfolio that still comprises 37% financials.

Its exposure to the energy and resources sector increased to $11.6 billion, or 6% of its $134 billion portfolio, in 2009/10 from $6.5 billion, or 5%, in the previous year.

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Ouhua Energy Holdings – Corporate moves

Victor Jia Bin has been appointed CFO wef Aug 20
Work experience: Audit manager, Deloitte Touche Tohmatsu CPA Ltd, Guangzhou Branch; audit manager, Guangdong Qinmingxing Certified Public Accountants Co Ltd

Ramba Energy rated ‘increase exposure’ by SIAS Research

SIAS Research in an Aug 23 research report says: “1H 2010 revenue was 50.3% of our previous forecast while profit for the same period missed our projection by $0.56 million.

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Energy conservation: Watts up?

People habitually underestimate their energy consumption

ENVIRONMENTAL asceticism has created a vogue for upgrading light-bulbs and tweaking thermostats. But according to a new piece of research, many of these actions—however virtuous—arise from faulty perceptions of energy savings.

Shahzeen Attari of Columbia University and her colleagues used Craigslist, an online marketplace, to recruit 505 volunteers from across America. Each was asked to estimate the energy consumption of nine household devices (such as stereos and air conditioners) as well as the energy savings incurred by six green activities (like swapping incandescent bulbs for fluorescent ones). The researchers then compared the volunteers’ estimates with the actual energy requirements or savings in question. …

Wind energy and politics: Not on my beach, please

Across the world, wind technology produces as much political heat as electric light—stirring local arguments as well as global ones

“OF COURSE I’m all in favour of clean energy, especially wind power, but…” That is a familiar opening gambit in a new sort of political storm, raging ever more fiercely in corners of the world where electric power comes, or may soon come, from flashing blades rather than blazing furnaces.

The odd thing about conflicts over wind is that, usually, each side claims to be greener than the other. Opponents say a unique landscape or seascape is being overshadowed, to the detriment of tourists and residents alike. Wind power does undoubtedly pose some hazard to birds and other fauna; some say it harms humans. Others simply find wind turbines ugly, an eyesore in any location. Yet, compared with other power sources, the green credentials of wind are pretty convincing: it creates no waste, uses no water and (unlike solar panels) doesn’t need much room. …

Singapore Mercantile may offer 7 new energy future contracts

The Singapore Mercantile Exchange is considering adding as many as seven energy contracts after beginning operations on Aug 31.

“We have a core group of seven products for energy going forward,” Chief Executive Officer Thomas McMahon said in a speech today to the Foreign Correspondents Association of Singapore. “We’ve got to keep it a bit of a secret for the moment. Ideally, I’d like to build an Asian crude benchmark.”

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12 Tips for Being Good Feng Shui


Feng shui teaches that everything is alive with energy. Everything. That means that you too are alive with energy. What kind of energy are you? When I evaluate environments for good feng shui I look for a feeling of harmony and balance, a predominance of positive energy, and few sources of negative energy. The same criteria can be applied to people.

You’ve probably met people who immediately repel you by their looks, behavior, or attitude. And, you’ve probably met other people with whom you feel an immediate affinity or attraction. I like to describe it this way. When I meet people with whom I feel no connection, no desire to interact or even worse, the desire to get away from them, there is just no velcro. Nothing about their energy pulls me toward them. But, when I meet people with whom I feel an immediate connection and a desire to know them better, there is velcro.

What’s really exciting is that we have complete control of the quality of our energy. We get to choose how we think and act. Following are 12 suggestions for ensuring that you have good feng shui and in turn attract others with good feng shui into your life.

  1. Be a positive light in your world. You can do this by looking for the positive in every person, exchange or circumstance. If you expect to find good things, you will. Even in the most difficult circumstances there are always gifts and lessons. Rather than focus on things that irritate you, look for something good about every encounter.
  2. Learn the difference between criticism and feedback and refuse to criticize anyone. When you criticize you are shooting the person with word bullets. Criticism does more harm than good.
  3. Refuse to be a blamer. Blaming is an attempt to make the other person wrong. It is also commonly used by people who don’t want to take responsibility for their own behavior. Look for ways to solve problems rather than pointing a finger at the person who caused the problem.
  4. Be courteous and kind with everyone, even people who aren’t being courteous to you. What you put out comes back to you. Put out curt, discourteous behavior and you are likely to get the same in return. Respond to discourteous people with polite, friendly behavior and you’ve held onto your own personal power and you’ve done your part to have a positive interaction.
  5. Become an expert at managing your anger. When you feeling angry and are likely to say hurtful things, shut your mouth and breathe. Walk away until you can cool off and can identify the true cause of your feelings. What you think you are mad about while angry may not be the real reason. Once calm, go back and respectfully discuss the situation with the goal of working things out.
  6. Admit a mistake as soon as you are aware you have made one and do whatever it takes to correct it. Hiding mistakes is a form of dishonesty and therefore negative energy. When you admit mistakes and make things right, you flush out the negative energy and can start again with a clean slate.
  7. Be a lifelong learner. When you continue to learn, you continue to grow. You then having interesting ideas and information to share with others. You become interesting to others.
  8. Be interested in others. You’ve probably heard the saying, “People don’t care what you know until they know that you care.” Lead with curiosity and caring and you’ll find yourself attracting all kinds of wonderful people into your life.
  9. Listen like you’d like to be listened to. Listening tells people that you care about them as a person, that what they have to say really matters. It is an incredible gift that identifies you as a giver rather than a taker.
  10. Make service to others a way of life. What you put out there comes back to you. We are all meant to make a difference in some way. Serving others gets us out of the confusion of our own heads and is a way for us to participate in making the world a better place.
  11. Refuse to take yourself too seriously. When you take yourself too seriously life is hard work and you feel burdened by the responsibility of trying to be perfect. What a setup! Work hard, but learn to go with the flow. You aren’t really in charge anyway! Life gives you exactly what you need when you need it. Why not take a breath, put a smile on your face and expect the best.
  12. Develop a playful, positive sense of humor. People with a good sense of humor are like magnets in any situation. They provide relief from the seriousness in situations that threaten to hold all of us hostage from true connection with each other. Lighten up and look for the funny in every day, especially in your own behavior!

Are you good feng shui? Are you a source of positive energy in all areas of your life? It’s up to you. Being good feng shui is a choice that is available to everyone. Can you imagine what our world would be like if everyone had good feng shui?


My passion is helping people discover the profound impact that environment has on performance. I want people to know they can change their lives by changing the spaces in which they live and work. Check out my blog or my book, Rock Scissors Paper: Understanding How Environment Affects Your Performance on a Daily Basis.

Energy deal with Russia “no obstacle to refinery”

Energy Minister Petar Škundrić said on Wednesday that Comico Oil will be able to build a refinery in Smederevo when it obtains the necessary permits. He stressed that the interstate agreement between Russia and Serbia was not an obstacle to realization of the investment.

Fuel oil shipments to Singapore may tumble 20%: energy markets

Fuel oil shipments to Singapore from Europe and the Americas may fall as much as 20 percent in August after the profits for such cargoes slumped 26 percent in July.

An estimated 3.2 million metric tons of the refining residue, used to generate electricity and power ships, are likely to arrive in Singapore this month, according to a Bloomberg News survey of seven traders in Singapore and Tokyo. That would be a three-month low, dropping from about 4 million tons in July.

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KS Energy Services posts 2Q net loss of $25.8m, hit by changes in financial reporting standards

Mainboard-listed KS Energy Services today announced revenue of $139.6 million and net loss after tax of $25.8 million for the quarter ended 30 June 2010.

KS Energy Services says the group’s profit was hit by revisions in the FRS 27 (Consolidated and Separate Financial Statements) and FRS 103 (Business Combinations), resulting in a loss. Had it not been for this change, the group says it would have reported year-to-date profit after tax of $23m.

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Renewable Energy Asia Group rated ‘buy’ by DMG

DMG & Partners Securities in an Aug 6 research report says: “Following a major restructuring in the last year, Renewable Energy Asia Group (REAG) – formerly known as Superior Fastening Technology – has realigned its business towards 1) manufacturing of wind turbine components, 2) Engineering, Procurement and Construction (EPC) of wind farms, and 3) wind farm investments, as it seeks to ride on the expected strong growth of China’s wind energy sector in the next decade.

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Renewable Energy Asia started at Buy by Phillip Securities

Phillip Securities has started Renewable Energy Asia (5DW.SG) at Buy with $0.49 sum-of-parts target price, says Dow Jones.

Phillip Securities expects China-based builder of wind farms to benefit from country’s robust energy demand, aided by Beijing’s favorable policies to support development of wind energy sector.

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IT Industry Working Toward Energy Efficiency, Report Finds

The IT industry is going green, according to a report from the Climate Savers Computing Initiative, which found the IT sector is on target to achieve CSCI’s reduction goal by the end of its 2010 fiscal year in June 2011. – A study by Climate Savers Computing Initiative shows what CompTIA called a quot;sizable
reduction quot; in the annual CO2 emissions associated with IT equipment. According
to the study, the IT sector has reduced CO2 emission associated with IT
equipment by more than 32 million metric tons worldw…