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

    Court’s decision vacating the Clean Air Interstate Rule (CAIR) potentially affects utilities or IPPs long the allowances as described in the section that follows.

    When air pollution retrofits are placed on a power plant, a regulated, investor-owned, utility financially benefits.  An unregulated, independent power producer (IPP) does not necessarily financially benefit.

    The Court’s July 11, 2008 decision vacating the Clean Air Interstate Rule (CAIR) caused the price of SO2 emissions allowances to decrease less than the cost of operating a scrubber to reduce the SO2 emissions.  The discussions that follow discuss this and the likelihood...

    As the article points out, natural gas-fired generation may be cheaper than coal-fired generation in certain parts of the nation.  The section below discusses some of the items that go into the decision to fuel switch from coal to natural gas.

After Georgian troops entered South Osettia - the brake-away part of Georgia under Russian influence- Russia sent tanks and troops into the region.

The LNG supply will increase next year by over one third of present production with a total estimated supply of over 30 billion cubic feet per day (bcfd).  Qatar gas - a partnership of Qatar Petroleum and ExxonMobil -, Shell in Nigeria, BP in Indonesia, Gazprom from Sakhalin and Total from Yemen...

High oil and gas prices have rejuvenated Russia under Vladimir Putin.  He is now even emboldened to replay the Khrushchev Cuba game in response to our planned defense shield in European countries adjacent to Russian territories.  Energy is now the weapon, and we should use it forcefully and...

It has been widely reported that TNK-BP CEO Robert Dudley departed just now from Moscow, humiliated and driven out by BP's oligarch partners. Former BP CEO and chairman Lord Browne had his confrontations with the oligarch partners, but believed the formation of TNK-BP (50:50) was worth the risk to have...

Sarkozy has smartly created a French energy giant by the tacit approval of the merger of Gas de France and it's natural gas rival Suez SA, now known as GDF Suez.  While the French government controls 36% of GDF Suez, the shareholders voted more than 99% in favor of the merger.  This level...

WSJ reported a significant continental shift of oil & gas developments and BP is trying to catch up in view of their forthcoming loss of TNK-BP control. BP is going to invest $1.75 billion in Chesapeake Energy, one of the most successful wildcatters for unconventional natural gas in the Haynesville...