GLG News by Oil and Gas Pipeline Experts

George DorkhomExecutive ChairmanGREENKOTE PLC

Solar Energy is one pillar of future energy...Ivanhoe in Mojave is just a start

March 7, 2010

Analysis of:[USA] DOE Funds Huge Solar Project ($1.37b) | www.technologyreview.com

Our planet is certainly in need of more generation in the coming decade estimated at an additional 70-100GW .As conventional generation in fossil and others lose steam, Solar,Wind will fill the gap..lets gear up to this idea..less expensive, cleaner and independent energy generation is in our national interest..I hope that California is listening.

Fred AminzadehPresident and Chief Executive OfficerFACT Inc

Finding New Oil in Old Fields

January 24, 2010

Analysis of:McMoRan Davy Jones Gas Discovery | www.theoildrum.com

On January 18, 2010, the Oil Drum reports McMoRan Exploration Company has made a significant discovery in the U.S. Gulf of Mexico that may contain 2-6 trillion cubic feet (TCF) of natural gas reserves. The well was drilled in 20 ft of water 10 miles south of the Louisiana coast discovery by McMoRan and partners.

George DorkhomExecutive ChairmanGREENKOTE PLC

Problems will indeed emerge for Arrow Trucking

January 14, 2010

Analysis of:Further Problems Emerge for Arrow Trucking | www.truckinginfo.com

Violating the WARN Act and the State Wage Payment law are serious matters where , if proven, Directors and Officers at a company such as Arrow can be held personally Liable...

Fred AminzadehPresident and Chief Executive OfficerFACT Inc

Another Sub-Salt Discovery Offshore Brazil

December 3, 2009

Analysis of:Brazil's Wahoo North presalt find extended | www.ogj.com

Oil and Gas Journal Editors report a new sub-salt discovery offshore Brazil. A group led by Anadarko Petroleum Corp. found more than 90 ft of net oil pay at the Wahoo-2 (Wahoo North) appraisal-exploration well in the northern Campos basin in the same pre-salt interval as the Wahoo discovery.

Sam TimpanoPresidentSam Timpano & Associates

Biofuels from nonfood chain feedstock sources are viable alternative fuels

November 4, 2009

Analysis of:Biofuels do harm, aren't they? | pellets-wood.com

The biofuels and alternative energy project models that were originally based on feedstock materials from the food chain commodities have been shown to a failure, something many already knew.Not only did they add to the upward pressures on food chain commodities, especially corn and soyoil, they brought added deforestation pressures in several developing economies.Additional fertilizers and pressures on already low water supplies in some areas were additional exacerbations to the equation.The new generation of feedstock for biofuel production will be from nonfood chain sources and will add new benefits into the biofuel equation.

Michele AcerraIndependent ConsultantMichele Acerra

Oil is cheap at $78 a barrel and we should increase gas usage for cars.

October 19, 2009

Analysis of:Oil Tops $78 to Year High on Inventory Drop, Weak Dollar | www.cnbc.com

There are two main drivers of last week's temporary record: the value of the US dollar, which makes every commodity more expensive and the ever increasing US consumption of gasoline and distillates. The guzzlers on US roads are increasing, and powering vehicles with natural gas is not pursued vigorously enough. The "Peak Oil Theory" is no longer a theory and finding oil will continue to be more and more difficult and expensive.

Michele AcerraIndependent ConsultantMichele Acerra

Do the Goldman Sachs Wizards Know Something?

September 30, 2009

Analysis of:SEPTEMBER 25, 2009, 12:08 P.M. ET.Goldman Lifts View On Refining, Upgrades Oil Cos | online.wsj.com

Goldman Sachs raised their refining view to neutral from cautious on a better demand outlook. Goldman analysts said in a note to clients: "We increasingly believe we are moving through the trough of the refining cycle."This position is very difficult to understand in view of the current glut of crude and of gasoline and refined products announced by the EIA.

George DorkhomExecutive ChairmanGREENKOTE PLC

Gas Cylinders Are Here to Stay

September 20, 2009

Analysis of:Is It The End For High-Pressure Gas Cylinders? | www.prlog.org

Higher pressure or not , the gas cylinders market is an important segment in the industrial gas business for smaller users and mobile applications in medical and industry and are here to stay but controls technology must continue to improve on safety and reliability.

George DorkhomExecutive ChairmanGREENKOTE PLC

China takes off, it is rapidly taking over as we squander our brand names for ?

September 11, 2009

Analysis of:China’s Geely, Beijing Automotive Target Volvo, Saab | www.bloomberg.com

It is a known fact that the Chinese government has put its weight and tremendous wealth behind targeted industries, Electronics , automotive and aerospace and it is well on its way to target the general industrial market. It is succeeding and have taken over Japan in Electronics manufacturing out put...why ? they have the people, the natural resources, the cash and the market..and we in the West are willing to surrender all ,including established brands as Volvo ,Saab and Hummer.

George DorkhomExecutive ChairmanGREENKOTE PLC

Temporary lay-offs in Italy maybe OK,but plant closure ..guess what

September 10, 2009

Analysis of:Italian Government Reaches Union Agreement on Fiat’s CNH Plant | www.bloomberg.com

Italian Labor law is so inflexible about layoffs and forget the future of the plant in Imola if it invovles permanent closure. Italy, behind Spain , is one of the most socialistic countries when it come to labor law giving no flexibility whatsoever to industry in manoeuvering during difficult times, that is while Fiat CEO is scanning the globe and is in bed with Chrysler , not only for high cost production , but also for labor inflexibility.

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