GLG News in Energy & Industrials

In an editorial in the November 3 issue of the Oil & Gas Journal, Production Editor Guntis Moritis discussed countries of the world that look to oil shale as a future energy source. The global shale oil resource base is estimated to be at least 2.6 trillion barrels. Today Estonia, China and Brazil have commercial projects that have operated for years. Several research projects exist in the U.S....

Cheaper crude oil means less attractive returns for alternative fuels producers.  Coupled with collapsing capital and credit markets further expansion of renewable fuels capacity is in doubt.

  Deutsche Post World Net's decision to essentially exit the U.S. domestic parcel market means a boost to rivals UPS and FedEx. Those two giants should be able to divide about 80 percent of DHL's domestics U.S. business, 70 percent of its ground revenue and perhaps 5 percent of its import and export revenue.   But more importantly than that, UPS and FedEx eliminate a low-priced competitor....

Eagle has an ambitious newbuilding program ahead in a weakening freight markets and tight credit conditions. It has maintained a generous dividend policy, which is conditional to meeting its debt covenants. It should look to strengthen its balance sheet in current market conditions and the brewing world-wide recession. It should consider seriously cutting dividends until market conditions improve

As more carriers leave the marketplace, a less competitive landscape is the result. Once the economy rebounds, and volumes begin to increase, a less competitive marketplace will lead to higher rates.

undefinedundefined undefined Shippers and carriers will have to work together to avoid fines like the ones imposed recently on Waste Management. In the 2008 fiscal year, the EPA has required polluters to spend an estimated $11 billion on pollution controls, clean-up and environmental projects — an all time record for the EPA.

Pakistani Government is taking serious steps in promoting stron farming. ecently the government has announced subsidy on DAP

Over the years Pakistan has become one of the leading rice exporters. According to statistics, during the current fiscal year the rice exports climbed up significantly reaching to a level of 4.2 million metric tons.

The EPA can only enforce new air quality regulations for a state.  Idling vehicles have been identified as a major source of ground level ozone.  It is up to the states to crack down or not crack down on small but numerous sources such as idling vehicles.  But market forces are playing a big part too.  UPS, FedEx and other vehicle based delivery services are orienting delivery...

Is the plundering of the world's staple crops for fuel.  Cellulose ethanol and animal waste biodiesel need to be the focus of our research.