July 2010   

Shell Thailand expects lubricant sales growth via online sales

Shell of Thailand expects accelerated sales growth in premium lubricants via online sales and the appointment of DKSH (Thailand) as the official distributor to auto parts stores and garages nationwide, The Nation reports.

Nissan considers China expansion

Nissan Motor Co. said it may boost production capacity in China next fiscal year, depending on market conditions, as it looks to catch up with rising demand in the world's biggest car market.

Suzuki announces plug-in hybrid version of Swift in Japan

Suzuki will soon start limited production of its Swift plug-in hybrid vehicle (PHV) in Japan, following type approval from the Japanese Ministry of Land, Infrastructure, Transport and Tourism.

E10 to become new standard in New South Wales

Standard unleaded petrol will no longer be available in New South Wales (NSW), Australia, after July 1 next year, after the Australian state government legislated a minimum biofuel ratio.

China to stay net oil product importer

Oil demand in China will grow at an average daily rate of 540,000 barrels each year, much higher than the last 20 years, and the country will stay an importer through this decade, an analyst said.

Volkswagen launches production of 7-speed gearbox in China

Volkswagen AG has started the production of its seven-speed direct shift gearbox at a plant in Dalian city, Liaoning province, China.

Australia’s Renewable Energy fund to support wind farms, solar projects

The Emissions Trading Scheme (ETS) may have been shelved, but the Australian government is trying a new tack on climate change--spending money on renewable energy and energy efficiency.

Sinopec plans bond sale to fund facility upgrades

China Petroleum and Chemical Corp., or Sinopec, plans to partly fund the upgrade of five refineries and construction of new oil and gas pipelines through a convertible bonds sale it first proposed in late March.

Japanese energy firms look overseas for growth

Major energy companies are expanding their overseas business as they seek to reduce their heavy reliance on the domestic market amid shrinking energy demand in Japan.

Isuzu to double capacity at Chinese JVs

Isuzu Motors Ltd. plans to double its annual output capacity of trucks in China to 200,000 units by around 2015, reports The Nikkei.

Samsung Heavy to invest 500 billion won in fuel-efficient ships

Samsung Heavy Industries Co., the world's No. 2 shipbuilder by order backlog, is boosting investments in fuel-efficient ships as carbon-emissions regulations on ships are expected to raise demand for such ships.

Sinopec denies gasoline quality problem in Hainan

Sinopec Corp. denied that gasoline it sold in south China's Hainan province has quality problems.

Department of Energy bares plan for higher biofuels blend

The Philippine Department of Energy (DoE)announced plans to increase the biodiesel blend of petroleum diesel to as high as 20% over the medium-term.

IOC poses a polymer challenge to RIL

Indian Oil Corp. (IOC) is coming up as a strong competitor to India's largest petrochemical producer, Reliance Industries Ltd (RIL), especially in polymers.

India’s fuel efficiency norms may be delayed again

In a move bound to delay the introduction of auto fuel efficiency standards, India’s Road Transport and Highway Minister Kamal Nath has written to the Prime Minister’s Office (PMO) asking that his ministry be made in-charge of the scheme instead of the Bureau of Energy Efficiency (BEE) which is under the Power Ministry.


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Published by: F&L Asia, Inc.
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