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October 27, 2008Exxon pleased with progress on PNG LNG project
Analysis of: Firms vie for Papua New Guinea LNG plant contract | www.ogj.com
Author: Hans Linhardt, President, LTDI, Inc.
Exxon is moving systematically ahead with their PNG LNG project to be located near Port Moresby. The FEED (Front End Engineering) has been completed and Exxon has shortlisted Bechtel and Chiyoda for bid on the EPC contract. Construction is to start in 2010, and plant start-up is expected...
October 22, 2008
Electricity is the answer,. no matter how it is produced.
Analysis of: Alternative Energy Suddenly Faces Headwinds | www.nytimes.com
Author: GLG Expert Contributor
Analysis of: Alternative Energy Suddenly Faces Headwinds | www.nytimes.com
Author: GLG Expert Contributor
The average "Joe" only hears good things about alternate energy, lke solar, and wind, but hears the bad hings about conventional energy like coal and nuclear. That is because we have a lot of exoperience with coal and nuclear and have had a lot of time to make mistakes and to report them. Most...
October 20, 2008
Coal Rail Transportation Volume and Rate Increases Positive for the Railroads
Analysis of: Seminole Files Rail Complaint to Protect Its Members | www.marketwatch.com
Author: Thomas Shewski, Owner, High Energy Services
Coal Rail Transportation Volume and Rate Increases Positive for the Railroads
Analysis of: Seminole Files Rail Complaint to Protect Its Members | www.marketwatch.com
Author: Thomas Shewski, Owner, High Energy Services
The year-to-date and outlook for many of the items transported by the U.S. railroads are down, coal transportation has been positive. The discussions that follows list some of the positives for the railroads.
October 20, 2008
Labor, Permitting, Geology, and Inspections Hindering Coal Production, Adding to Costs
Analysis of: Interested In Workin' In A Coal Mine? | www.forbes.com
Author: Thomas Shewski, Owner, High Energy Services
Labor, Permitting, Geology, and Inspections Hindering Coal Production, Adding to Costs
Analysis of: Interested In Workin' In A Coal Mine? | www.forbes.com
Author: Thomas Shewski, Owner, High Energy Services
Coal companies have issued force majeure declarations to customers due to various production-related issues. These are discussed in the section below.
October 15, 2008Economical reality will determine the path forward for CO2 reduction
Analysis of: Huge fight looms in EU over climate change | www.iht.com
Author: Hans Linhardt, President, LTDI, Inc.
EU realizes in the face of the global banking crisis and their success in intervention that present carbon-reduction targets may now not be affordable.
October 8, 2008Not so fast either...outsourcing continues
Analysis of: Is Outsourcing to China Over? | www.inc.com
Author: George Dorkhom, President and Managing Partner, AD&A Worldwide
The writer of the article is seemingly unware of the trends that are taking place in outsourcing to low cost producing countries, including China and India and has not been following the apparent trends that are shifting the landscape not only for large manufacturing companies but even the mid sized...
October 8, 2008
Refund on Coal Excise Tax Paid on Exports Contained in Emergency Stabilization Act
Analysis of: Coal Gets Help in Financial Bailout | wvgazette.com
Author: Thomas Shewski, Owner, High Energy Services
Refund on Coal Excise Tax Paid on Exports Contained in Emergency Stabilization Act
Analysis of: Coal Gets Help in Financial Bailout | wvgazette.com
Author: Thomas Shewski, Owner, High Energy Services
As the referenced article states, there are many benefits in the Emergency Stabilization Act for the coal industry. One not discussed is the refund of the coal excise tax. The commentary section discusses this.
October 7, 2008
Refined Coal – Things to Consider as a Result of Changes to Tax Credit Qualification
Analysis of: Congress Extends Refined Coal Tax Credit | www.marketwatch.com
Author: Thomas Shewski, Owner, High Energy Services
Refined Coal – Things to Consider as a Result of Changes to Tax Credit Qualification
Analysis of: Congress Extends Refined Coal Tax Credit | www.marketwatch.com
Author: Thomas Shewski, Owner, High Energy Services
The Emergency Stabilization Act signed into law on October 3, 2008 includes an extension of tax credits for renewable energy and refined coal. The discussion that follows includes items to consider regarding the refined coal tax credit.
September 29, 2008
Algae: the "green crude" of the future
Analysis of: Petro Algae Sees Pond Scrum As Fuel | www.miamiherald.com
Author: GLG Expert Contributor
Analysis of: Petro Algae Sees Pond Scrum As Fuel | www.miamiherald.com
Author: GLG Expert Contributor
Of all the potential cellulosic and agricultural feedstocks, algae is one of the most promising for two reasons; 1. It has the highest oil content yield, more than corn, switchgrass and even palm oil and the oil is realively easy to extract. 2. Algae does...
September 29, 2008Exxon secures LNG for Italy
Analysis of: Offshore LNG terminal moved to Adriatic off Italy | www.ogj.com
Author: Hans Linhardt, President, LTDI, Inc.
Exxon's offshore LNG terminal, the world's first of it's kind, has been just located in the Adriatic 10 miles off Porto Levante, Italy for supply of about 10% of Italy's natural gas requirements by 2009. The design capacity of the terminal is 775 MMcfd of natural and will be delivered to...
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