May 9, 2010
Associated Press | hosted.ap.org
Now that the big box failed, BP needs help from all oil & gas companies to contain the Gulf spill.
Conoco Phillips withdrawal from Yambu project sends a serious industry signal.
May 4, 2010
An interesting article on 4/29/10 MEED by Peter Salisbury "A false dawn for the downstream petrochemical industry".Conoco Phillips withdrawal from the $10+ Billion project, is a sure signal that the medium-term future of refining and petrochemical markets is not rosy. It is as well a confirmation that the company is still recovering from the 2006 outlay of $35.6 B to acquire Burlington Resources.
Hydro Power ahead of Off-Shore Wind Farms
May 3, 2010
We all have read and heard over the last couple of month, and especially the last couple of days flooding of Tennessee and the North East. Hydro Dams and Power deserves priority over any off-shore wind ventures.
BP is a Colossus with Clay Feet
May 3, 2010
BP's Worsening Spill Crisis Undermines CEO's Reforms | online.wsj.com
All the efforts of BP CEO Tony Hayward to instill a new strict safety and controlled risk culture in his global organization are dwarfed by the disaster of the Mocando blow-out, spewing crude of 5,000 to 10,000 barrels per day into the Gulf of Mexico close to the U.S. shores. The fault are the clay feet of the colossus on which Sir John Brown built BP.
Black Sea LNG is complementary to Nabucco
April 17, 2010
Black Sea LNG accord could 'torpedo' Nabucco gas line | www.ogj.com
While Eric Watkins of OGJ opines that the new MOU between Azeri LNG of Georgia and Rumania will torpedo the Nabucco gas line by earlier delivery of gas piped across the Caucasus to Georgia's Black Sea LNG liquefaction plant at the port of Kulevi and shipped by LNG tankers across the Black Sea to Rumania's regasification terminal in the port of Constanta and from there delivered to the EU by exiting pipeline connections, the amount of about 0.7 bcfd of natural gas is just a drop in the bucket for the EU import demand projected with about 50 bcfd by 2020.
Earth is in Charge of Climate and not EPA
April 16, 2010
A Natural Event, With Extreme Consequences | online.wsj.com
Gautam Naik of WSJ explained today on page A10 that natural events like the eruption of the volcano on Iceland can have large consequences such as cooling of our planet.
GTL for Shale Gas and later for CTL
April 16, 2010
Clean-Fuels Refinery Rises in Desert | online.wsj.com
Guy Chazan reports today in WSJ, page B8 that Royal Dutch Shell PLC ("Shell") together with Qatar Petroleum are fine tuning the largest integrated gas to clean liquid fuels (GTL) plant in the world, located in the desert of Qatar and known as Pearl GTL. The plant is scheduled to start up next year and will together with the Qatar IV LNG project substantially increase Shell's cash flow.
Transportation depends on Oil and OPEC has to be checked by U.S. Resolve
April 15, 2010
How to End America's Addiction to Oil | online.wsj.com
R. James Woolsey,ormer Director of the Central Intelligence Agency made a very strong point in todays WSJ to have America's addiction to oil cured by advanced combustion engine technology, LNG utilization for fleet vehicles and and interstate trucking, development of compatible fuel additives derived from waste and algae and electrification of transportation.
Energy Independence is Uneconomical and Unrealistic
April 13, 2010
Isabel Ordonez and Edward Welsch of WSJ reported today on page B1 that China Petroleum & Chemical Corp. ("CPCC") acquired ConocoPhillip's 9.03% stake in Canada's Syncrude Ltd. in order to increase China's global oil and gas serves.
Industrial Gases in Play for Consolidation
April 10, 2010
Air Products opened the consolidation play by trying to acquire Air Gas, the leading U.S. packaged gas company. AirGas board rejected the friendly offer of Air Products and now Air Products is on the war path to acquire Air Gas in order to move up from number two to number one in the North American industrial sector.
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