GLG News by Gasoline Experts

The highly developed French nuclear power industry provides nearly 79% of France's energy needs.  The UK was in the mode of decommissioning their nuclear power plants.  However, declining North Sea fossil fuels and preventing potential dependance on Russian gas reawakened the British nuclear...

Singapore's Energy Market Authority has gone out for bids for an exclusive LNG supplier for 3 million tonnes per year (0.384 bcfd).  The successful bidder will, besides the LNG supply, also provide the regasification terminal facilties.  Australian's Woodside Petroleum Ltd.is the favorite...

On 14 March 2008 Statoil delivered the first LNG delivery from the new Arctic Hammerfest liquefaction plant, located on the Melkoya island, to Gas de France to their Montoir-de-Bretagne terminal in Brittany.  154,500 cu m of LNG were delivered from the 4.1 mta LNG liquefaction plant (0.535 bcfd)....

Sears board really needs to look at the direction of the company and the brand.  Yes, the tools and automotive sections have strong brand name but are losing to the big box retailers who are offering higher quality tools and automotive selections at a better price.  The Sears Grand Store concept...

The cited Blomberg article blames mainly speculators for the dramatic rise of oil and gas prices within one year.  Oil rose according to Blomberg 90% and gas 48%, both referenced to the New York Mercantile Exchange.  Of course the speculators are investing in oil and gas as long as the dollar...

The Shell article is at http://www.ogj.com/articles/article_display.cfm?ARTICLE_ID=321508&p=120&section=ARTCL&subsection=none&c=GenIn&page=1&x=y and outlines a robust 12 point energy plan presented by John D. Hofmeister, president of Shell Oil Company.  The plan calls...

The cited Herald Tribune article should be of interest to all green power investors and proponents.  While the alternative energy bubble has grown to $148 billion since ...

Leading buyout firms have found a new avenue for success:  refinery partnership with the leading European independent refinery company Petroplus AG, being owned by by the private equity firms Carlyle Group and Riverstone Holdings.  The new partnership consists of the Blackstone Group, First...

The International Herald Tribune brings in the open the dilemma of the US power companies.  Their efforts to meet increased power demands with pulverized coal fired power plants has been stymied by negative reactions of the financial community due to unforeseen carbon tax risks and, of course,...

Alberta estimates their recoverable bitumen are about 175 billion barrels. making Canada's oil reserves second to those of Saudi Arabia. This has been excellent news for the reliable supply of syncrude to the US refineries. Of course, the pioneer days are over and a shakeout is in progress due to increased...