GLG News by Oilfield Equipment Experts

The technical challenges involved in the harvesting of deep underwater timber are considerable. The costs of overcoming these challenges may well exceed the value of the timber being harvested.

Liquefaction and pipelines in Alaska address the local desires to keep revenues and jobs in Alaska. Building a pipeline to somewhere in the south, like Valdez is very possible. ROW (Rights of Way, pipeline corridor) are already permitted and mostly available, and the access is available. Knocking...

The issue of access to crucial transmission infrastructure is not limited to wind power. Much the same argument can be made about pipeline access for non-conventional natural gas developments in areas of the midwest or indeed for conventional forms of merchant power generation. Ask any merchant generator...

Let there be no doubt that the recently passed House bill to extract US$16bn in new taxes is just a harbinger of things to come - especially if the Dems win the White House next year as they seem likely to do.  Ms. Clinton is going to make the O&G industry the new symbol of corporate excess. ...

Since (1) the U.S. purchases over 50%[1]of Venezuelan oil and (2) ConocoPhillips and ExxonMobil roughly make up the modern-day "Standard Oil" company (I.e. they have a little weight they can throw around), there is little speculation as to why Chavez is courting Conoco and leaving Exxon in the cold....

Saturday's New York Times reported that the Bush administration had begun canvassing Capitol Hill for its reactions to a contemplated $20 billion arms deal for Saudi Arabia primarily, and its Sunni allies: the UAE, Kuwait, Bahrain, Oman and Qatar. The effort comes at the request of the Saudis who remember...

1.  The combination of these two unique and innovative competitors in a very limited market is a one-of transaction. 2.  The companies themselves are operating at their historical highs and have all the capital and opportunities they need to grow independently. 3.  So...the only rationale...

The Southern Ute tribe has been among the most successful of the sovereign nations in exploiting its abundance of natural resources as well as setting up disciplined reinvestment parameters for those monies. The Tribe's worth is now pegged at $4billion, but is likely much more. The model was anchored...

Dominion Resources sold its mid-continent assets to Linn Energy, an exceptionally well managed MLP for $2.05 billion. A meaningful transaction for $30 billion market cap Dominion, a new landmark for Linn-- doubling the size of that company in a single deal. Dominion, with focus on Electricity and gas...

Refiners plagued by a record number of disruptions, true. Many cited are natural occurrences such as flooding, hurricanes, etc. yet many are not. In the first quarter disruptions were 1.5MMBPD versus a range of 700-900MBPD cited for 2001-2005. The suggestion is more oversight may be needed by OSHA and...