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GLG News by Offshore Drilling Rig Experts

Analysis of: Azerbaijan to reconstruct underground gasholders (en.apa.az)
  Net gas importer Gas Exploration the Caspian Potential exporter Inferior infrastructure Trans Caspian Gas Pipeline
February 26, 2007
BTC and Environment
Analysis of: BTC Environmental Concerns Reconsidered (www.messenger.com.ge)
    BTC Project is heavily scrutinizedBiggest issue has been the environmental risks However the project design and construction used modern state of art technology  
Thomas Shewski, Owner
High Energy Services
Analysis of: TVA Delays Pollution Control at Plant (www.chron.com)
    There have been many anecdotal stories of delays in scrubber retrofits. TVA at its Colbert Unit in Tuscumbia, Alabama is a recent addition to this list. The analysis section attempts to quantify the reasons for these delays, provide numbers, and the potential consequences of...
Thomas Shewski, Owner
High Energy Services
Analysis of: UMWA, Peabody Energy Reach Agreement (www.timeswv.com)
    Coal companies such as Peabody, Consol, and Jim Walters have recently agreed to a new five-year contract with the United Mine Workers Association (UMWA). The economics are provided below in order to help in modeling costs and revenues at UMWA-represented coal mines.
Thomas Shewski, Owner
High Energy Services
Analysis of: Air Force Tests Synthetic Fuel as It Seeks to Lessen Dependence on Foreign Oil (www.signonsandiego.com)
    The Air Force’s actual tests of jet fuel from coal-to-liquids and gas-to-liquids in B-52 Bomber appears to be successful. The barrier to large scale commercial application of converting the United States’ vast coal reserves to liquid fuels continues to be the high cost of the...
Thomas Shewski, Owner
High Energy Services
Analysis of: Coal Loses Steam (www.stltoday.com)
    The article points out some of the pressures on coal producers. Not mentioned in the article is the new UMWA Contract that was recently approved by Consol, Peabody, and other mining companies that will place additional pressures. The Analysis Section lists the salient points...
Thomas Shewski, Owner
High Energy Services
Analysis of: U.S. Bans Excessive Rail Fuel Surcharges (www.chicagotribune.com)
    The Surface Transportation Board (STB) decision on January 25 that fuel surcharges in transportation agreements must more accurately reflect the actual cost of the movement and not be a “double-dip” is potentially good news for the beleaguered Powder River Basin (PRB) coal producers....
Thomas Shewski, Owner
High Energy Services
Analysis of: Feds Ban Excessive Railroad Fuel Fees (www.chron.com)
The Surface Transportation Board (STB) ruled on January 25, 2007 that fuel surcharges in transportation agreements must more nearly reflect the actual cost of the movement and not be a “double-dip”. This decision will impact the Class I Railroads’ coal transportation revenues for those coal transportation...
Thomas Shewski, Owner
High Energy Services
Analysis of: BNSF Reports Increased Earnings (www.dfw.com)
The article correctly points out that the BNSF has had record earnings for the fourth quarter 2006, and full-year 2006. The BNSF’s coal transportation business out of the Powder River Basin (PRB) of Wyoming and Montana was a major contributor in this solid fourth quarter 2006 and full-year results....
Thomas Shewski, Owner
High Energy Services
Analysis of: Sasol to Build U.S. Plant Once Legislation in Place - Report (www.miningweekly.co.za)
    The United States has more Btu-equivalent coal in the Illinois Basin alone than the combined oil of Saudi Arabia and Kuwait combined. The U.S. coal reserves are very attractive for coal-to-liquid (CTL) conversion. Yet, because of the high initial capital investment and potential...

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