GLG News in Energy & Industrials

    Court’s decision vacating the Clean Air Interstate Rule (CAIR) potentially affects utilities or IPPs long the allowances as described in the section that follows.

Iranian a nation of young people of pride and dignity have immense natural  resources and rich culture for which they are truly proud of. Most of oil & gas exploration projects are manned by highly confident,  skilled and talented home Iranians educated and trained in  universities like Sharif university and Shiraz university in which I had the coveted opportunity...

Senior Correspondent Eric Watkins, reported in the August 11 issue of the Oil & Gas Journal that benchmark tanker rates from the Persian Gulf to Japan fell to 7-month lows last week. The cause was ample availability of very large crude carriers. Even so, Japanese leaders are taking no chances on continued low rates. A free-trade agreement with the Sultanate of Brunei, signed in June, took effect...

Steven Erlanger in Flamanville, France with Maia de la Baume in Paris and Matthew L. Wald in Washington reported in the August 18 issue of the International Herald Tribune that France has begun construction of a new nuclear power plant. The reactor, the first in new construction in 10 years, will cost $5.1 billion and is sited next to two older units. The plant is a third-generation Pressurized Reactor....

Shipyards had never had it so good than the bonaza they experienced over the past two years. High oil prices drove the offshore rig making market. Replacement of ageing fleets drove the tanker markets. The sizzling economic growth in China create huge demands for tonnages for bulkers and container vessels. Exploitation of gas deposits in the Middle East resulted in record orders for LNG carriers...

Conventional economic trend fitting cannot anticipate changes in market direction.  It always over or under shoots. Logistic substitution, on the other hand, does anticipate changes in direction and has accurately forecast the share of oil in primary energy markets.

The hiring of ex-YRC Worldwide Chief Financial Officer Stephen Bruffett by Con-way Inc. has more intrigue than would first meet the eye. It's more than just filling a corner office in the executive suite. The inside story is quite telling of the conditions in the trucking industry in 2008.

In the August 11, 2008 issue of the Oil & Gas Journal, an unusual 2006 oil well recompletion event was reviewed by Diamond Offshore Drilling Inc. Their semi submersible, the Ocean Vanguard was reequipped to perform recompletion services in the Draugen oil field in the Norwegian North Sea. Although completely unaccustomed to subsea completion work, the drilling crew overcame the many problems and...

If we believe the news out of Russia then there must be palladium aplenty residing in the vaults of, or under the control of, Norilsk, the world's largest palladium producer.

Unconventional oil is thought to be the coming thing but logistic substitution analysis suggests that the coming dominance of gas in world markets makes this doubtful. Nuclear energy has been considered for producing oil sands in Alberta and rejected. A new paradigm for where to look for light oil may be emerging - shales and fractured granite basements.