GLG News by Oilfield Equipment Experts

The article points to a general acceptance of the need to address cleaner energy alternatives, Some 86% of the respondents in a recent poll agreed that the issue must be addressed. The article also cites growing bipartisan support for clean energy initiatives crossing the lines between John McCain to...

Germany led the pack in developing its biodiesel industry on a number of fronts. Auto makers, Volkswagen in particular, embraced changes in their engine configurations to accommodate some of the unique properties of biodiesel. Development of biodiesel facilities in Germany was robust for a number of...

Coal represents the hidden value in the TXU deal, the lock on profits that make it worth $32 billion to private equity investors.Even though coal plants cost more to build, the long-term profitability makes them more attractive.In a deregulated market given the potential profits of coal / nuclear plants,...

Is Texas facing a power crisis?Will mothballed natural gas-fired power generating capacity be able to meet Texas's power needs in the coming years?How "clean" are clean-burning natural gas plants?How "dirty" are coal plants.

Ahhh, the yellow brick road isn't always made of gold....Another empty threat towards the only industry in the country that keeps the locals from riding donkeys and complaining about the down turn in the opium trade to China...I love this, coming from a country who's sand has so much nuclear residue...

The article brings up a theme likely to be heard more and more in the ensuing few weeks. Specifically: 1. Gas in storage is 2.347TCF, 19% above the five year average; 2. Forecasts are showing a break in cold weather; 3. One meteorologist is forecasting above average temperatures to return for the eastern...

 $40-50/ bbl oil an extremely profitable price for oil companies, which is allowing low cost producers to reap major benefits for the next couple of years.

Noted as the lead cover story on this Sunday's New York Times, Saudi Arabia, the largest and most pivotal member of OPEC is said to be signalling its desire to keep oil prices at levels at or below their current prices. Support for the Saudi's desire to temper oil prices was attributed to comments made...

"Investors in energy stocks have heard the warning...but analysts say the market may not have fully acted on the call." The well respected analyst Fadel Gheit of Oppenheimer states, "All of a sudden it is beginning to sink in now." By contrast, analyst Bruce Lanni of A.G. Edwards states, "...the current...

NYMEX natural gas rebounded on Friday closing up 9% at $6.886 per MMBTU, the biggest gain in three months. The gain was attributed to increased demand in the Northeast from recent cold weather. Colder weather was attributed to a slight weakening of the El Nino conditions in the Pacific Ocean. It was...