GLG News in Energy & Industrials

The catalyst uses cobalt phosphate.  Cobalt consumption should be small relative to US domestic consuption;  however the question of availability is valid. Cheap production of oxygen and hydrogen could be transformative.  The caution here is that production is at low pressure, so additional equipment would probably be required to boost the pressure to use conditions (and certainly if...

Amie Ferris-Rotman and Dmitry Zhannikov in Moscow with Reuters reported in the Saturday-Sunday issue of the International Herald Tribune that Gazprom wants its western partners to lobby in its behalf to benefit from down-stream assets in Europe. Companies with interests in Siberian natural gas fields may be glad to do this. Gazprom and BASF, the German chemical company recently began natural gas production...

The Pickens Plan is not bad in itself, being grounded in the reality of changing markets and led by a businessman who has actually invested in the process.  What may be more important is that the Plan could shake the monopolistic grip that fossil and nuclear energy has on our infrastructure and thought process.  That alone may enable renewable energy markets to grow once the suffocating...

Adam Nossiter in Mansfield, Louisiana reported in the July 30 issue of the International Herald Tribune that landowners in DeSoto Parish were getting million dollar checks for their royalty interests. It is related to the latest non-conventional natural gas play in the Haynesville shale. Some months ago, leases were selling for a few hundred dollars. Now they are going for $30,000/acre. The boom began...

Volvo Mack Division has started a smart project to educate users, dealers and other interested parties on the positives and negatives of Selective Catalyst Reduction (SCR) using Urea versus Exhaust Gas Recirculation (EGR). In March of this year, Daimler Detroit Diesel Division started to educate the market about their SCR approach. Some surveys showed an overwhelming bias toward EGR for 2010, but...

·         Ashland’s acquisition of Hercules provides it with a core of specialty businesses in water treatment and resins (thermoset polyesters and adhesives). ·         These new businesses will provide Ashland with more stable/predictable earnings, stronger cash flow, and have a high growth potential.

Trinity Industries (TRN) reported earnings growth and increasing orders and deliveries in an otherwise declining market for new railcars, a feat that will probably elude the other railcar builders. Its 6,580 deliveries during the second quarter represented a 44% market share for the entire industry, and its orders for 7,430 cars accounted for 61% of the industry total. Moreover, Trinity said it expects...

Putin started to consolidate Russia's aerospace firms some years back.  He also insisted in interfering with the fleet decisions at Aeroflot. Most people were of the opinion that this was typical of Russia's political leadership - was he right to do it?

David Johnston and Anthony Rogers, with Daniel Johnston & company, reported in the July 28 issue of the Oil & Gas Journal on the economic performance of the Doba basin oil fields in Chad. The government of Chad receives a share of the profits that is about average by world standards. The operating consortium, led by Exxon Mobil and including Petronas and Chevron tries to keep operating costs...

When America's leaders wake up and realize that transportation, energy and land development policies are all inexorably linked, America might begin to deploy effective measures that can begin to loosen the strangle hold of oil on the economy. High oil prices are not just a problem for Americans - the entire world is negatively impacted, with the exception of the large oil exporting nations. The...