GLG News by Nuclear Power Experts (North America)

    Railroads, unlike airlines and trucking firms, are able to pass along the high cost of fuel in  transportation agreements.  Below discusses this and the value to the railroads for coal transportation.

Royal Dutch Shell PLC is seriously looking at FPSO (floating production and storage off shore ships) for their Prelude gas field in the Browse basin of Western Australia. The Browse reserves are estimated in the range of 1 - 2 tcf of NG.  Shell has invited bids from three preselected consortiums,...

The Gulf Cooperation Council (GCC) has for some time prioritized oil development over natural gas (NG) and now finds its industrial development severely hampered without increased gas supply.  LNG imports have to fill the NG demand for power and industrial projects such as petrochemical plants...

In view of the high gas prices the public is now in favor of drilling off shore in Florida and elsewhere on the OCS.  Florida's Governor Charlie Christ has switched sides and now supports drilling on 8.3 million acres 125 miles off the Florida Panhandle.  In case of successful oil and gas...

Chesapeake Energy and Plains Exploration & Production have leased over 550,000 acres in the newly recognized  Haynsville natural gas (NG) field, located in the North West of Louisiana. An immediate real play is on for 44 trillion cubic feet of NG on the leases.   

Occidental Petroleum plans to spend $1.1 billion to extract oil from the aging Texas Permian Basin.  For this purpose Occidental is teaming with natural gas (NG) producer SandRidge Energy to build a gas processing plant, separating a high CO2 content for enhanced oil recovery (EOR) and sell the...

China is working all avenues of energy supply, ranging from coal fired, nuclear and giant hydroelectric plants with crude crude imports from the Middle East and LNG from Asia Pacific.  In addition China will increase wind power from 10 GW to 20 GW in the near future, requiring 70% domestic content...

After numerous wind turbine blade failures (cracking) of their Suzlon (India) wind turbines , Mission Energy, the non-regulated arm of Southern California Edision cancelled a follow-on order of wind turbines from Suzlon. Since Suzlon delivered the previous order of their turbines with warranties and...

Booz & Co. warns that European LNG import terminal investments may not pay off in case LNG from the Middle East and North Africa are redirected towards the US due to NG shortages for clean power generation. 

Flex LNG was specifically formed as a "Floating LNG Producer" for developing stranded gas fields in underdeveloped areas.  Papua New Guinea (PNG) is one location where it appears to be a timely and economical solution to pipe stranded onshore gas to an offshore floating production and storage ship...