French LNG Terminals provide cushion against Gazprom
September 3, 2010
Fos Cavaou LNG terminal operating at full capacity | www.ogj.com
Doris Leblond of Oil & Gas Journal recently reported that the Fos Cavaou LNG terminal on the Mediterranean coast is now allowed to operate at the full design capacity of 0.80 bcfd. The Terminal is operated by GDF Suez, being partner with 71.99% and Total with 28.10%.
August 31, 2010
WSJ reports today on Page A13, written by Phred Dvorak that Canada is going to control the Northwest Passage and "whoever controls the Arctic can be the next Saudi Arabia".
Kremlin with OAO Rosneft moves West
August 30, 2010
WSJ reported on 27-Aug, page B4 by Guy Chazan that Russian oil giant Rosneft - supported by the Kremlin - is moving toward acquiring a 50% stake in German Ruhr Oel GmbH, a 50-50 joint venture between PDVSA (Venezuela) and BP.
Vestas Wind Turbine Profit Falls
August 26, 2010
BBC News reported that Vestas, the world's largest wind turbine producer, shares have fallen 23% after it reported a second quarter loss of about $150 million.
Shell goes for Ethanol In Brazil
August 26, 2010
Shell, Cosan Sign Binding Deal for Ethanol JV | www.chemweek.com
According to Chemical Week Shell and Cosan (Sao Paulo) announced a binding $12 billion ethanol and transportation fuel joint venture in Brazil.
Nabucco pushed ahead by Geopolitics
August 24, 2010
Nabucco confirms two-feeder routing cuts Iran | www.ogj.com
Oil & Gas Journal reported on 23-Aug that the Nabucco Gas Pipeline International GMBH is moving forward with two feeder lines, one from Turkey to Georgia and the other from Turkey to the Iraqi border. The planned feeder line from Turkey to Iran has been shelved.
August 22, 2010
Reliance Forms Another U.S. Shale Joint Venture | www.chemweek.com
According to Chemical Week Reliance (India) are extending their shale gas investment in the Marcellus Shale acreage and according to WSJ three shale gas firms are for sale.
Whiskey and Bourbon to Biofuels
August 21, 2010
Waste from Whiskey Production Can Fuel Cars | www.chemweek.com
Chemical Week just reported that Edinburgh Napier University scientists have discovered a new process to generate biofuels from whiskey production waste. The whiskey biofuel is 30% more powerful than U.S. corn derived ethanol and requires no engine modification of present motor vehicles.
U.S. Rank in O & G Investment Will keep Dropping
August 15, 2010
U.S. Ranks Lower as Home Base for O&G Investment | www.rigzone.com
1. Due to U. S. regulations that do not apply to foreign competitors, such as no commisions/kickbacks.2. Good old boy network in developing countries favoring " local or regional" companies.that can provide favors, perks, and return favors.3. Resentments, and anti american feelings for diverse reasons.4. Lack of unified, and concerted effort to maintain proper image of American companies, and America.5. Higher tax burdens on American companies, coupled with higher salaries
U.S. Rank in O & G Investment Will keep Dropping
August 15, 2010
U.S. Ranks Lower as Home Base for O&G Investment | www.rigzone.com
1. Due to U. S. regulations that do not apply to foreign competitors, such as no commisions/kickbacks.2. Good old boy network in developing countries favoring " local or regional" companies.that can provide favors, perks, and return favors.3. Resentments, and anti american feelings for diverse reasons.4. Lack of unified, and concerted effort to maintain proper image of American companies, and America.5. Higher tax burdens on American companies, coupled with higher salaries
Shale gas abundance provides new options for energy companies
February 13, 2012
Chesapeake Energy bites the natural gas bullet
January 25, 2012
Flurry of newbuild drilling rig deliveries in 2012 may dampen rig rates
January 20, 2012
Talisman joins the ranks of cautious E&P companies
January 12, 2012
Early signs of caution begin to cloud frontier exploration and production
January 4, 2012