GLG News by Oil and Gas Refining Experts (North America)

    The fuel-switching from coal to natural gas affects the demand and price for each commodity.  The commentary below discusses what issues are part of the analysis of a utility or merchant fuel buyer on whether to switch fuel sources to fuel power plants.

    Although 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 commentary section below discusses the positives of coal transportation for the railroads.

According to today's Oil & Gas Journal news, Russian President Dmitry Medvedev received from the Russian Security Council approval for Russia's state policy in the Arctic and a plan for implementation.  Russia considers the Arctic region as strategic resource base to guarantee Russia's energy...

Russian officials had boasted in spring that Gazprom would become the largest publicly traded energy company, surpassing ExxonMobil. However, Gazprom's value is down 58% since May 2008 and debt insurance now rose 1% in a single day, costing  Gazprom additionally about $440 million.

Norway has always pioneered NG and oil exploration in the rough North Sea.  Now Norway recognizes depleted oil fields and geological structures below as safe locations fro CCS.

The significant development of unconventional shale gas is a real success story and needs to be exploited to the fullest to lead us to some independence of the OPEC cartel on crude import.  

Venezuela oil production going down Former Soviet Union countries slow to come online Russia use of energy as a weapon for regaining strength in Europe

The LNG terminal operators like Freeport LNG Development LNG have invested in their LNG import and regasification terminals to meet forecasted shortages of natural gas (NG) in the order of 10 billion cubic feet per day (bcfd) by 2010.  However, the recent significant play by shale gas and the low...

Sound Energy Solutions, subsidiary of Mitsubishi Corp. has diligently worked for the last ten years to bring LNG to Long Beach, having support from ConocoPhillips to take care of heavy hydrocarbons and take off NG for hydrogen production.  Long Beach and the California Coastal Commission rejected...

US natural gas companies have developed the technology and private investment support to unlock 840 trillion cubic feet of natural gas ("NG") from the Barnett, Haynesville and Marcellus shale plays.  This translates to 25 billion cubic feet of NG for the next hundred years.