GLG News by Oil Sand Experts

    The Clean Air Interstate Rule (CAIR) requires a further reduction in NOx from coal-fired power plants starting in 2009.  This reduction in NOx will add to the dispatch cost from coal-fired generation.

The United States Geological Survey (USGS) has released its much anticipated report on the Bakken Formation, a potentially oil-rich area centered in western North Dakota, but extending into eastern Montana, and central Canada (Man., Sask.).  The report found 25 times the recoverable...

Australia, at least, is moving forward with a plan to sequester carbon dioxide in a depleted natural gas field.  A new plant in Victoria has opened that promises to store 100,000 tons, a significant increase in scale over previous efforts in Canada, Norway, and Algeria.  The plant...

"Biogasoline" is the promise of a joint venture of Royal Dutch Shell and Virent Energy Systems.  The new biofuel promises to overcome the many drawbacks of ethanol as a substitute for transportation fuels.  What isn't clear is how much the product will cost and when it could be available.

With rumors about to be proven either true or false of an April report by the U.S. Geological Survey (USGS) on the Bakken Formation, activity continues to pick up speed on the ground with Bakken-related drilling activity under the largest lake in North Dakota, Lake Sakakawe...

Reynolds, IN, rechristened "BioTown USA" in 2005, has attempted to make itself energy independent: using biofuels as substitutes for all electricity, natural gas, and transportation fuel needs.  An ambitious plan that has already fallen behind schedule.

Newly announced plans for an 800-mile natural gas pipeline to bring supplies from Wyoming to the U.S.-Canadian border is interesting for two reasons.  First, it may give producers and shippers an alterative to the under-construction Rockies Express (REX) pipeline for bringing...

    Coal lease rates in the PRB are climbing and will cut in coal companies’ margins as exhibited by Foundations recent successful lease bid and Rio Tinto’s higher, but unsuccessful bid.  Also, the upfront payments are due often before the coal is even mined.

The Florida Public Service Commission approved Florida Power & Light's request to move forward with two new nuclear reactors at the utility's Turkey point site.  While not committing the utility to build additional units, the decision allows FPL to move forward with planning efforts.

    Railroads impose fuel surcharges in transportation agreements such as for coal transport, but the recovery mechanism timing follows the railroads’ purchase of the fuel causing an earnings lag.     Also, legacy coal transportation agreements do not have fuel...