Report 2016 01 Table of Contents
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Climate and Energy Benchmark in Oil and Gas
Climate and Energy Benchmark in Oil and Gas Total score ACT rating Ranking out of 100 performance, narrative and trend 1 Neste 57.4 / 100 8.1 / 20 B 2 Engie 56.9 / 100 7.9 / 20 B 3 Naturgy Energy 44.8 / 100 6.8 / 20 C 4 Eni 43.6 / 100 7.3 / 20 C 5 bp 42.9 / 100 6.0 / 20 C 6 Total 40.7 / 100 6.1 / 20 C 7 Repsol 38.1 / 100 5.0 / 20 C 8 Equinor 37.9 / 100 4.9 / 20 C 9 Galp Energia 36.4 / 100 4.3 / 20 C 10 Royal Dutch Shell 34.3 / 100 3.4 / 20 C 11 ENEOS Holdings 32.4 / 100 2.6 / 20 C 12 Origin Energy 29.3 / 100 7.3 / 20 D 13 Marathon Petroleum Corporation 24.8 / 100 4.4 / 20 D 14 BHP Group 22.1 / 100 4.3 / 20 D 15 Hellenic Petroleum 20.7 / 100 3.7 / 20 D 15 OMV 20.7 / 100 3.7 / 20 D Total score ACT rating Ranking out of 100 performance, narrative and trend 17 MOL Magyar Olajes Gazipari Nyrt 20.2 / 100 2.5 / 20 D 18 Ampol Limited 18.8 / 100 0.9 / 20 D 19 SK Innovation 18.6 / 100 2.8 / 20 D 19 YPF 18.6 / 100 2.8 / 20 D 21 Compania Espanola de Petroleos SAU (CEPSA) 17.9 / 100 2.5 / 20 D 22 CPC Corporation, Taiwan 17.6 / 100 2.4 / 20 D 23 Ecopetrol 17.4 / 100 2.3 / 20 D 24 Formosa Petrochemical Corp 17.1 / 100 2.2 / 20 D 24 Cosmo Energy Holdings 17.1 / 100 2.2 / 20 D 26 California Resources Corporation 16.9 / 100 2.1 / 20 D 26 Polski Koncern Naftowy Orlen (PKN Orlen) 16.9 / 100 2.1 / 20 D 28 Reliance Industries 16.7 / 100 1.0 / 20 D 29 Bharat Petroleum Corporation 16.0 / 100 1.7 / 20 D 30 Santos 15.7 / 100 1.6 / 20 D 30 Inpex 15.7 / 100 1.6 / 20 D 32 Saras 15.2 / 100 1.4 / 20 D 33 Qatar Petroleum 14.5 / 100 1.1 / 20 D 34 Varo Energy 12.4 / 100 -
GIIGNL Annual Report Profile
The LNG industry GIIGNL Annual Report Profile Acknowledgements Profile We wish to thank all member companies for their contribution to the report and the GIIGNL is a non-profit organisation whose objective following international experts for their is to promote the development of activities related to comments and suggestions: LNG: purchasing, importing, processing, transportation, • Cybele Henriquez – Cheniere Energy handling, regasification and its various uses. • Najla Jamoussi – Cheniere Energy • Callum Bennett – Clarksons The Group constitutes a forum for exchange of • Laurent Hamou – Elengy information and experience among its 88 members in • Jacques Rottenberg – Elengy order to enhance the safety, reliability, efficiency and • María Ángeles de Vicente – Enagás sustainability of LNG import activities and in particular • Paul-Emmanuel Decroës – Engie the operation of LNG import terminals. • Oliver Simpson – Excelerate Energy • Andy Flower – Flower LNG • Magnus Koren – Höegh LNG • Mariana Ortiz – Naturgy Energy Group • Birthe van Vliet – Shell • Mika Iseki – Tokyo Gas • Yohei Hukins – Tokyo Gas • Donna DeWick – Total • Emmanuelle Viton – Total • Xinyi Zhang – Total © GIIGNL - International Group of Liquefied Natural Gas Importers All data and maps provided in this publication are for information purposes and shall be treated as indicative only. Under no circumstances shall they be regarded as data or maps intended for commercial use. Reproduction of the contents of this publication in any manner whatsoever is prohibited without prior -
LNG Purchases by Soes and Foreign Country Utilities Threaten Electric Grid Reliability and More
Industrial Energy Consumers of America The Voice of the Industrial Energy Consumers 1776 K Street, NW, Suite 720 • Washington, D.C. 20006 Telephone (202) 223-1420 • www.ieca-us.org September 11, 2019 The Honorable Rick Perry The Honorable Wilbur Ross Secretary Secretary U.S. Department of Energy U.S. Department of Commerce 1000 Independence Avenue, SW 1401 Constitution Avenue, NW Washington, DC 20585 Washington, DC 20230 Re: U.S. LNG Purchases by State-Owned Enterprises and Foreign Country Utilities Threaten Electricity Grid Reliability, National Security, and Manufacturing Competitiveness Dear Secretary Perry and Secretary Ross: Nearly 100 percent of all U.S. LNG exports are purchased or consumed by state-owned enterprises (SOEs) and foreign government-controlled utilities (FGCU). These entities are poised to control the vast majority of the 34.5 Bcf/d, an equivalent of 42 percent of U.S. 2018 demand that has been approved for export by the U.S. Department of Energy (DOE) to non-free trade agreement (NFTA) countries for periods of up to 30 years. The DOE plans to approve another 20.0 Bcf/d, an equivalent to 25 percent of 2018 demand, that is pending or in pre-filing to export. There is also growing ownership in U.S. LNG export terminals, natural gas resources, and importantly, direct or indirect control of firm natural gas pipeline transportation, which results in less access to, control, and availability of these resources and pipeline capacity for U.S. consumers, manufacturers, and power generators. Inadequate pipeline capacity at peak demand would prevent power plants from operating and threaten grid reliability. -
Derek Chen Chairman of CPC Corporation, Taiwan Tokyo, Japan 24Th November 2016 5Th LNG Producer
5th LNG Producer- Consumer Conference Derek Chen Chairman of CPC Corporation, Taiwan Tokyo, Japan 24th November 2016 CPC CORPORATION, TAIWAN Taiwan’s primary energy mix KLOE 160,000,000 In 2015: u 98% of total energy needs 1.9 % Renewable 140,000,000 7.3 % Nuclear was imported. 1.5 % u Fossil fuels’ share was 8.7 % 120,000,000 13.3 %, Gas 90.8%: coal (29.3%), oil 7.4 % (48.2%) and gas (13.3%). 100,000,000 u Renewable energy accounted for 1.9%. 80,000,000 52.7 % 48.2 % Oil Compared with the last 60,000,000 decade: u Primary energy supply: 40,000,000 increased by 8.5% 29.7 % 29.3 %,,Coal u Natural gas supply: 20,000,000 increased by 96% - Source: Bureau of Energy, Ministry of 2005 2015 Economic Affairs, ROC. CPC CORPORATION, TAIWAN 2 Taiwan’s energy consumption mix Electricity made up 49% of total energy consumption in 2015. Principal fuels for power generation : coal (34%), natural gas (28%) and nuclear (16%). Energy consumption structure in 2015 Electricity Mix Natural Gas 0.8% Renewable Energy 0.9% 3% 2014 2.5% Oil 4.5% 2015 Hydro Power 2.9% Oil 2.9% 39% Electricity Cogeneration 16.1% 49% 15.2% Nuclear 16.3% Coal 14.1% 8% 27.9% Natureal Gas 30.4% Renewable Coal 33.6% energy 31.9% 1% 0.0% 10.0% 20.0% 30.0% Source: Bureau of Energy, Ministry of Economic Affairs, ROC. CPC CORPORATION, TAIWAN 3 Demand for LNG is growing The gradual year-on-year increase in Taiwan’s LNG imports is a result of increasing demand for its use in power generation. -
GPA/W/326 Attachment K K1
GPA/W/326 Attachment K APPENDIX I CHINESE TAIPEI ANNEX 1 Page 1/2 THE SEPARATE CUSTOMS TERRITORY OF TAIWAN, PENGHU, KINMEN AND MATSU* (Authentic in the English Language only) ANNEX 1 CENTRAL GOVERNMENT ENTITIES Thresholds: Goods SDR 130,000 Services SDR 130,000 Construction Services SDR 5,000,000 List of Entities: 1. Office of the President; 2. Executive Yuan; 3. Ministry of Interior (including its Central Taiwan Division and Second Division); 4. Ministry of Finance (including its Central Taiwan Division); 5. Ministry of Economic Affairs (including its Central Taiwan Division); 6. Ministry of Education (including its Central Taiwan Division); 7. Ministry of Justice (including its Central Taiwan Division); 8. Ministry of Transportation and Communications (including its Central Taiwan Division); 9. Mongolian & Tibetan Affairs Commission; 10. Overseas Compatriot Affairs Commission; 11. Directorate-General of Budget, Accounting and Statistics (including its Central Taiwan Division); 12. Department of Health (including its Central Taiwan Division); 13. Environmental Protection Administration (including its Central Taiwan Division); 14. Government Information Office; 15. Central Personnel Administration; 16. Mainland Affairs Council; 17. Council of Labor Affairs (including its Central Taiwan Division); 18. Research, Development and Evaluation Commission; 19. Council for Economic Planning and Development; 20. Council for Cultural Affairs; 21. Veterans Affairs Commission; 22. Council of Agriculture; 23. Atomic Energy Council; 24. National Youth Commission; 25. National Science Council (Note 3); 26. Fair Trade Commission; 27. Consumer Protection Commission; 28. Public Construction Commission; 29. Ministry of Foreign Affairs (Note 2) (Note 4); 30. Ministry of National Defense; 31. National Palace Museum; 32. Central Election Commission. … 2014 (WT/Let/…) K1 GPA/W/326 Attachment K APPENDIX I CHINESE TAIPEI ANNEX 1 Page 2/2 * In English only. -
Engineering Consulting Firms in Taiwan
Directed by Ministry of Economic Affairs Engineering Organized by Bureau of Foreign Trade, MOEA Consulting Firms Implemented by in Taiwan http://gpa.taiwantrade.com.tw/en [email protected] Let us know what you need! 3 4 By Project Countries company name China Metal Industries Research & Development Center—33 New Control Technology Co., Ltd.—35、THI Consultants Inc.—47 Index Wintech Electric Co., Ltd.—57 Eswatini CECI Engineering Consultants, Inc., Taiwan—9 India CECI Engineering Consultants, Inc., Taiwan—9、CTCI—17 By Alphabets company name page By Services company name page Indonesia CECI Engineering Consultants, Inc., Taiwan—9 Sinotech Engineering Consultants, Ltd.—43 BES Engineering Corporation 3 THI Consultants Inc.—47 BES Engineering Corporation 3 Liming Engineering Consultants Co.,Ltd 31 B Sinotech Engineering Consultants, Ltd. 43 Kingdom of Saudi Arabia CTCI—17、THI Consultants Inc.—47 CECI Engineering Consultants, Inc., Taiwan Calvin Consulting Engineers 5 9 Macau THI Consultants Inc.—47 Calvin Consulting Engineers 5 CECI Engineering Consultants, Inc., Taiwan 9 Construction CECI Engineering Consultants, Inc., Taiwan—9 Zhu-Chang Engineering Consultants Co.,Ltd 59 Malaysia CTCI—17、Wintech Electric Co., Ltd.—57 C Cen Cho Engineering Consulting Co., Ltd. 15 New Control Technology Co., Ltd. 35 CTCI 17 Cen Cho Engineering Consulting Co., Ltd. 15 Mongolia Metal Industries Research & Development Center—33 Newtain Consulting Ltd. 37 — Darcy Engineering Consultants CO., Ltd. 21 Mozambique Metal Industries Research & Development Center 33 D Ding Sheng Green Energy Technology Co., Ltd. 23 Metal Industries Research & Development Center 33 Myanmar Calvin Consulting Engineers—5 GIBSIN Engineers, Ltd 27 Energy New Zealand Newtain Consulting Ltd.—37 FETC International Co, Ltd. -
Financial Analysis with Liquidity and Profitability
FINANCIAL ANALYSIS WITH LIQUIDITY AND PROFITABILITY RATIOS OF PERTAMINA AND CHINA PETROLEUM CORPORATION FROM 2013 TO 2018 MERLINA 40800042 CHENG SHIU UNIVERSITY ABSTRACK The purpose of this study is to measure, find out, and compare the financial performance of Pertamina and China Petroleum Corporation (CPC) companies in Taiwan, as measured by liquidity ratios (Current ratios, quick ratios, and cah ratios) and profitability ratios (Net profit margin, return on assets, return on equity, and gross profit margin ratio) using financial statement data from the two companies starting in 2013 to 2018. With the financial statement data analyzed using descriptive methods and trend analysis, the results of the analysis of the two companies show that Pertamina is more superior to Taiwan's CPC. Suggestions for further research are, it is hoped that researchers can increase the scope of company research with other countries, as well as increase financial ratio research to measure and assess the company's financial performance so that it is more detailed to obtain information. Keywords: Liquidity ratios, profitability ratios, company comparisons. 1 ACKNOWLEDGEMENT First I thank "Allah Allah Subhanahu Wa Ta'ala" because of him I was able to complete this research smoothly, and I say many thanks to my supervisor lecturer "Paul" who helped a lot, and guided me to complete this research. , thank you also to the IBI Darmajaya campus for giving me the opportunity to take part in a joint research program and for the Cheng Shiu University campus for accepting me to complete my research. Thank you also to my beloved lecturer, Ms. Krystl, and all my beloved friends who are always there (Cindy, Anas, Amin, Kholik, David, and others) while in Kaohsiung, Taiwan, I offer these to my parents, family, and beloved friends (Lingling) who have supported I. -
The Carbon Neutral LNG Market: Creating a Framework for Real
THE CARBON-NEUTRAL LNG MARKET: CREATING A FRAMEWORK FOR REAL EMISSIONS REDUCTIONS BY ERIN BLANTON AND SAMER MOSIS JULY 2021 As governments and companies consider options to decarbonize their energy systems, addressing greenhouse gas emissions from natural gas and liquified natural gas (LNG) will inevitably become a greater concern. Natural gas is viewed by some as potentially providing a bridge in a broad energy transition from dependence on fossil fuels to lower-emission sources. Even with advancements in renewable energy, many forecasts show natural gas will remain core to meeting global energy demand for some time, including as a backup fuel source for renewables.1 But as the emissions profile of the natural gas value chain has become clearer, estimates of its footprint have increased, raising questions about natural gas’s transitory function. While gas will continue to have a prominent role in the energy mix,2 without action to better account for, reduce, and offset natural gas and LNG emissions, the breadth and length of its use will increasingly come into question—including by countries with growing energy demand who see diminishing incentive to favor natural gas over high-emitting but fiscally cheap fuel sources, such as coal. Amid these considerations, discussions of value chain carbon intensity and greenhouse gas (GHG) accounting are becoming an important component of LNG trade, giving rise to the concept of “carbon-neutral LNG.” In the trade of carbon-neutral LNG, GHG emissions from supply and/or consumption are accounted for -
Subsidiaries and Affiliates
Financial results for the year ended March 31, 2013 Appendix May 13 , 2013 Subsidiaries and Affiliates 61 consolidated subsidiaries Major subsidiaries Country/region Ownership Stage Accounting term March (provisional Japan Oil Development UAE 100% Production settlement of account) INPEX Natuna Indonesia 100% Production March Timor Sea Joint Petroleum INPEX Sahul 100% Production December Development Area March (provisional INPEX Ichthys Pty Ltd Australia 100% Development settlement of account) March (provisional INPEX Southwest Caspian Sea Azerbaijan 51% Production settlement of account) March (provisional INPEX North Caspian Sea Kazakhstan 45% Development settlement of account) INPEX Oil & Gas Australia Pty Ltd Australia 100% Development December Production/ INPEX Gas British Columbia Ltd. Canada 45.09% December Evaluation 15 equity method affiliates Major affiliates Country/region Ownership Stage Accounting term MI Berau B.V. Indonesia 44% Production December Production/ Angola Block 14 B.V. Angola 49.99% December Development (production INPEX Offshore North Campos Brazil 37.5% December suspended) March (provisional Ichthys LNG Pty Ltd Australia 66.07% Development settlement of account) 1 Segment information For the year ended March 31, 2013 (April 1, 2012 through March 31, 2013) (Millions of yen) Eurasia Asia/ Middle Japan (Europe/ Americas Total Adjustments *1 Consolidated *2 Oceania East/Africa NIS) Sales to third 118,936 485,275 85,540 520,835 5,944 1,216,533 ― 1,216,533 parties Segment income 28,568 281,622 41,751 357,343 (6,089) 703,196 (9,748) 693,447 (loss) Segment assets 265,467 690,763 526,519 266,649 188,208 1,937,607 1,678,551 3,616,158 Note: 1. -
Climate Change Impacts and Responses: a Case of Shihmen Reservoir in Taiwan*
Climate Change Impacts and Responses: A Case of Shihmen * Reservoir in Taiwan Paper prepared by Keshav R Adhikari1, Yih-Chi Tan2, Jihn-Sung Lai3, Zueng-Sang Chen1, 3 Yong-Jun Lin 1Dept. of Agril. Chem., National Taiwan University (NTU), Roosevelt Rd, Sec. 4, Taipei city 106-17, Taiwan; For correspondence: [email protected] 2Dept. of Bioenviron. Systems Engg., NTU, Roosevelt Rd, Sec. 4, Taipei city 106-17, Taiwan 3Center for Climate weather and Disaster Research/Hydrotech Research Institute, NTU, Taipei City 106-17, Taiwan * Paper prepared for oral presentation at the 2nd Int’l conference “Climate Change: Impacts and Responses.” University of Queensland, Brisbane, Australia, 08-10 July 2010. 2 Climate Change Impacts and Responses: A Case of Shihmen † Reservoir in Taiwan Abstract Built in 1964, one of the oldest and magnificent in Taiwan, the Shihmen reservoir serves the multi-purpose of supplying fresh water (3.4 million people), irrigation (36, 500 ha), hydro-power (200 million units electricity annually), flood prevention and recreation. Scientific observations show that this reservoir is over time affected by increased frequencies of high sedimentation and overflows, due to unpredictable high rainfall and typhoons necessitating heavy repair and maintenance costs. This clearly illustrates an effect of global warming making such phenomena visible at local level (urban heat island effect, for example). A review of existing body of literature on Shihmen reservoir indicated that most previous studies focused from their own disciplinary perspectives. However, the relevant stakeholders of the reservoir including the practitioners and policy makers would be better served if such studies considered using system- approach. -
2018 78 Member Companies in 26 Countries
The LNG industry GIIGNL ANNUAL REPORT 2018 78 MEMBER COMPANIES IN 26 COUNTRIES GIIGNL (International Group of LNG Importers) is the worldwide association of LNG importers. EUROPE 30 Founded in 1971, at the outset of the LNG industry, AMERICAS members ASIA its membership has grown to 78 companies worldwide, 11 37 members members comprising nearly all companies active in LNG imports or in the operation of LNG terminals. It is a non-profit organization and its resources only come from the membership fees. The association constitutes a forum for exchange of experience among its members, with a view to enhance safety, reliability and efficiency of LNG imports. GIIGNL members are coming from 26 countries headquartered in the main three regions: Americas, 11 members, Asia, 37, Europe, 30. Full Members Elengy S.A. Guangdong Dapeng LNG Company, Ltd. National Grid Grain LNG, Ltd. Southern LNG Company, L.L.C. Associate Members BOTAŞ Enagas Hazira LNG Private Ltd. Nippon Gas Co., Ltd. South Hook LNG Terminal Company, Ltd. EDF Trading Limited BP Global LNG Enel Trade SpA Hiroshima Gas Co., Ltd. N.V. Nederlandse Gasunie Sumitomo Corporation ENN LNG Trading Company Limited Centrica LNG Company ENGIE Höegh LNG Osaka Gas Co., Ltd. TEPCO Fuel & Power, Inc. Gazprom Marketing & Trading Limited Cheniere Energy, Inc. ENGIE Gas and LNG, LLC Hokkaido Gas Co., Ltd. Pakistan LNG Limited (PLL) The Chugoku Electric Power Co., Inc. GSPC LNG Limited Chubu Electric Power Co., Inc. Eni S.p.A. Iberdrola Generación España, S.A.U. Petronet LNG Limited The Kansai Electric Power Co., Inc. INPEX Corporation CNOOC Gas & Power Trading & Excelerate Energy L.P. -
GIIGNL Annual Report
The LNG industry GIIGNL Annual Report 2021 Profile Acknowledgements Profile We wish to thank all member companies for their contribution to the report and the GIIGNL is a non-profit organisation whose objective following international experts for their is to promote the development of activities related to comments and suggestions: LNG: purchasing, importing, processing, transportation, handling, re-gasification and its various uses. • Cybele Henriquez – Cheniere Energy • Najla Jamoussi – Cheniere Energy The Group constitutes a forum for exchange of • Callum Bennett – Clarksons information and experience among its 86 members in • Oliver Stavrinidis – Clarksons order to enhance the safety, reliability, efficiency and • Laurent Hamou – Elengy sustainability of LNG import activities and in particular, • Jacques Rottenberg – Elengy the operation of LNG import terminals. • María Ángeles de Vicente – Enagás • Paul-Emmanuel Decroës – Engie • Oliver Simpson – Excelerate Energy • Andy Flower – Flower LNG • Magnus Koren – Höegh LNG • Gavin Stevens – MOL • Mariana Ortiz – Naturgy Energy Group • Birthe van Vliet – Shell • Mayumi Ikeda – Tokyo Gas • Donna DeWick – Total © GIIGNL - International Group of Liquefied Natural Gas Importers • Xinyi Zhang – Total All data and maps provided in this publication are for information purposes and shall be treated as indicative only. Under no circumstances shall they be regarded as data or maps intended for commercial use. Reproduction of the contents of this publication in any manner whatsoever is prohibited without prior consent of the copyright owners. Editorial The LNG industry in 2020 Jean Abiteboul President Dear Colleagues, 2020 can be characterized as a year of market Towards the end of the year, the market recorded price investment in infrastructure and access to low-cost volatility.