Natural Gas and Nuclear Power have to be Part of RES
April 5, 2010
According to Hydrocarbon Processing "Developers of renewable energy projects in the US are against the idea of expanding the renewable energy standard (RES) in Congressional energy legislation to benefit natural gas and nuclear energy, saying it risks sinking the whole concept. Environment & Energy Daily (www.eenews.net) reports that the natural gas industry wants lawmakers to expand the RES to a "clean energy standard" that would allow utilities to count the emissions they eliminate by using gas instead of coal. Burning gas emits about half the greenhouse gases as burning coal. Some versions of the idea would also allow utilities to count emissions they reduce by using nuclear power. Environment & Energy Daily captured remarks from ConocoPhillips CEO Jim Mulva on the subject during the CERAWeek energy conference in Houston. Mr. Mulva criticized the RES as too expensive, saying, "Why not instead implement clean energy standards? Then let renewable energy, natural gas, clean coal and nuclear power compete."
Obama OCS Drilling is Just Politics
April 1, 2010
AFP: Saudi minister applauds US oil drill plan | www.google.com
In Cancun Saudi Oil Minister Ali al-Nuaimi praised President Barack Obama's plan to open up OCS areas in the Atlantic Ocean from Delaware to mid-Florida and certain deep-water areas in the eastern Gulf of Mexico.
IOCs can control oil price with speedy redevelopment of Iraq's oil resources
March 31, 2010
BP Begins Big Push to Revive Iraq's Oil | online.wsj.com
Russell Gold reported today on page A1 of the WSJ that BP decided with investment to push for revival of Iraq's oil. Of course, all IOCs are in the game to control global oil prices by revival of proven Iraq crude resources.
Zale's (ZLC) Upside Thin as Board Eyes New Deal-Revised
March 25, 2010
Time is running out for Zale as its board continues to look for new money to keep the business out of Chapter 11. But afloat for what. Here's more.
Shell gets great reception in China
March 24, 2010
Shai Oster reported today in WSJ (B2) that China National Petroleum is ready to jointly develop with Shell unconventional sources of natural gas in China, thereby copying the advanced technologies for unconventional gas developments in the U.S.
March 23, 2010
Chamberlain has not in history been recognized for his great social programs but has gone down in history as the great appeaser of Munich. Well, will Obama go down as the great appeaser of Iran?
March 23, 2010
Apple - Start | www.apple.com
Reuters recently reported about the oil storage tank expansion of First Reserve on the Island of the Grand Bahamas (26 Feb 10).
March 23, 2010
Alaska joins suit, Ohio governor cites concern over EPA GHG effort | www.ogj.com
Nick Snow reports in the Wall Street Journal issue of March 22 that Alaska governor Sean Parnell joins suit of fifteen and more states to restrain the power grab of the EPA to legislate and control the permits of all carbon emitting moving and stationary sources.
Zale's (ZLC) Upside Thin as Board Eyes New Deal
March 23, 2010
Zale Corporation Shares Up On Report Of Talks With Sun Capital Partners Inc.-Reuters | www.reuters.com
Time is running out for Zale as its board continues to look for new money to keep the business out of Chapter 11. But afloat for what. Here's more.
March 22, 2010
Shell Unveils Oil Discovery in Gulf of Mexico | online.wsj.com
Guy Chazan reported recently in the Wall Street Journal that Royal Dutch Shell PLC ("Shell") has just discovered over 100 million barrels of crude in the Gulf of Mexico, 25,000 feet below the seabed. The find has been made together with Shell's partner Nexen Inc. of Canada at the Appomattox prospect in the Mississippi Canyon.
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