GLG News by OCTG Experts

The fact that negotiations have started with contractors wishing to delay or defer projects that have not yet started is fully expected and is a part of the normal business for any major construction yard.  These negotiations are still being taken in good faith and involve projects that were not...

The events of the last few months have showed that expectations for a stainless steel production increase for this year wher wrong.

What is the cost and profit per barrel of oil?  What products are in one barrel (42 gallons) of oil?  Could the government, both federal and state, be a larger part of the equation than "Big Oil"?

Raventhorpe nickel mine has always been considered a first class deposit but it shows as difficult is nowadays even for the best equipped mining companies to deliver a project on time.

Enel's investment plan is considering the development of a mix of technologies to increase security of energy supply and bring Italy a step forward to comply with the Kyoto's goals.

The diversification of sources in energy production is not  a matter only correlated to the level of oil price. The current level of oil price certainly stimulate differentiation but security of supply is another driving force.

The stainless steel market is strongly dependent by the Chinese market. Stainless steel production has been so far below expectations and it will be very difficult any recovery during the second half of the year. 

 BP and CoP seem to be making an early commitment to build the Arctic Gas Line.  However,  when all of the underlying issues and politics are analyzed, the impartial observer has to ask if this is a "real" alternative to the other options that have been put forward or is it competitive...

The simple fact is that the world is no where near running out of oil and/or natural gas.   Former Aramco Chief Engineer and spokesperson Nansen Saleri has spoken with uncommon clarity on this issue; most recently in a Wall St. Journal Article on March 4th titled “The World Has Plenty of Oil.”...

LNG has long been considered a panacea for US gas demand and a price-dampener in the near term.  However, the fact remains that there is simply not enough LNG supply available at competitive prices to meet any significant new demand from recently-built or in-progress US LNG terminals.  Any...