Energy & Industrials News by GLG Council Members

British Airways Cabin Crew Make Bad Move

October 26, 2009

Analysis by:GLG Expert Contributor

Analysis of:British Airways faces Christmas walkout after union ballots cabin crew | business.timesonline.co.uk

A ballot leading to potential industrial action will only harden British Airways executives to go further for cost cutting. For all the jobs the union wants to protect, do they realise that they’ve pressed the “self-destruct” button?

Biofuels doing harm?

October 26, 2009

Analysis by:GLG Expert Contributor

Analysis of:Biofuels do harm, aren't they? | pellets-wood.com

The questions of biofuels causing a decrease in food supply and increasing costs is in fact true in part.  The corn and soy based fuel systems were and still are causing the costs to rise. We need new sources of green fuel which is not food based.

Feasible yes, but economic?

October 26, 2009

Analysis by:GLG Expert Contributor

Analysis of:BioPower Systems collaborates with city of San Francisco on Wave Energy project | www.yourrenewablenews.com

There are a lot of schemes being discussed and piloted to derive electricity from the movement of ocean water (waves) but the economic and environmental issues will be difficult to overcome.

Two Fertilizer Plants Soon to Become Operational in Pakistan

October 26, 2009

Analysis by:GLG Expert Contributor

Analysis of:2 fertilizer plants to become operational after November | www.nation.com.pk

Two plants of Fertilizer production will soon become operational in pakistan which will put Pakistan in a much better position as far as fertilizer production is concerned.

Anand SharmaDirectorMantrana Maritime Advisory Pvt. Ltd

Indian Shipping Requests, Shipping Ministry Would Consider it Temporarily

October 26, 2009

Analysis of:Delhi signals willingness on shipping aid package | www.tradewinds.no

Shipping Industry requested Shipping Ministry for financial aid and cargo support. It is unlikely to be accepted in the current economic scenario.

Pakistan Can Export Rice To Mexico Once Again

October 26, 2009

Analysis by:GLG Expert Contributor

Analysis of:Mexico to lift ban on Irri rice imports | www.dawn.com

Few Years back Mexico banned import of Pakistani rice but recently after meetings with quarentine authorities, Mexico has decided to lift ban on Pakistani rice imports.

Anand SharmaDirectorMantrana Maritime Advisory Pvt. Ltd

Greenfield Shipyards in India, Should be Left to Private Sector

October 26, 2009

Analysis of:Government Changes Track on Plan to Build New Shipyards | www.livemint.com

Cochin Shipyard and Hindustan Shipyard have been asked to carry out feasibility studies and help build two new shipyards, but being government organisation they may not have enough freedom to do justice to the project.

Dave HillmanIndependent ConsultantDave Hillman

Domtar Follows IP Lead In Reducing UCF Overcapacity

October 25, 2009

Analysis of:Domtar To Convert Plymouth, NC Mill To 100% Fluff Pulp | www.paperage.com

Domtar has made a positive strategic move to reduce its UCF (uncoated freesheet) capacity at a time when this paper grade is shrinking. At the same time it is increasing its position as a Fluff Pulp producer - a market that many estimate is growing 6-7%/year.The Plymouth mill will, by the 4Q of 2010 be producing 444,000mt/year of Fluff PulpThey will reduce UCF production by 210,000. This follows...

Biofuel is not just Ethanol

October 25, 2009

Analysis by:GLG Expert Contributor

Analysis of:Biofuels do harm, aren't they? | pellets-wood.com

Sugar, Beets, Corn, Rape and Soybeans are the current feedstock for bio ethanol, but the potential for cellulosic, algea and seaweed based ethanol, butanol and other developing fuels has very large potential to offset fossil fuels. Certainly, it is not sustainable to take food and escalate prices over the long term, farmers have ramped up as demonstrated by the bumper crop in corn this year, but...

Michael LynchConsultantMichael E. Lynch

Schlumberger in unique position to observe worldwide oil and gas activity

October 25, 2009

Analysis of:Schlumberger Reports 3Q Earnings of $5.43B | www.rigzone.com

Schlumberger reported third-quarter revenue of $5.43 billion compared with $7.26 billion in the third quarter of 2008. Quarterly sequential results were about the same. Oilfield Service revenue was down 22% year on year while Western Geco was down 48%. CEO Andrew Gould predicted that the remainder of 2009 could show modest gas drilling improvement but flat pricing. He saw no significant oil service...

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