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All GLG News Analyses Filed Under: Natural Resources

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Posted July 4, 2008
Western firms find fault with Indian oil round
Analysis of: Western firms find fault with Indian oil round | uk.reuters.com
Author: GLG Member Program Contributor
Indian Government provides tax incentives for discovering oil, but does not do the same for the discovery of gas. Differential taxation policy for discovering oil or gas is illogical and will discourage foreign investments in this sector.
Posted July 4, 2008
BP edged further out of Russia after visas are refused
Analysis of: BP edged further out of Russia after visas are refused | www.guardian.co.uk
Author: GLG Member Program Contributor
In its July 2 issue, The Guardian newspaper writes that BPs future in Russia is now is in serious doubt, while Heralds' June 11 edition had already reported the same. When does doubt become fact? When does attitude get in the way of work? Why does "British Petrolum" find it so hard to cha...
Posted July 4, 2008
South Korea gets serious about reducing its dependence on foreign oil
Analysis of: South Korea gets serious about reducing its dependence on foreign oil | www.iht.com
Author: GLG Member Program Contributor
Domestic reserves of crude need to be developed to the fullest extent possible. Not doing so should be reason enough to remove whomever and whatever obstacle standing in the way. Enough of the hysteria about natural resource development from the environmentalists. For at least the next 30 years, this...
Posted July 4, 2008
Resolution calls for embargo against Iran
Analysis of: Resolution calls for embargo against Iran | therealnews.com
Author: GLG Member Program Contributor
Drawing up of a Resolution is a natural democratic process demonstrating "resolve" and collaboration amongst voters. It should be clear that UN Incentives to Iran to stop its Uranium Enrichment program, are a sophisticated set of "collaborative" offers by the international community, and not a...
Hans Linhardt Posted July 4, 2008
Occidental EOR leads the way for CCS
Analysis of: Occidental Petroleum Strikes Texas Deal | online.wsj.com
Author: Hans Linhardt, President LTDI, Inc.
Occidental Petroleum plans to spend $1.1 billion to extract oil from the aging Texas Permian Basin.  For this purpose Occidental is teaming with natural gas (NG) producer SandRidge Energy to build a gas processing plant, separating a high CO2 content for enhanced oil recovery (EOR) and sell the...
Michael Lynch Posted July 4, 2008
Korea National Oil Corp (KNOC) seeks to become a big oil dog with foreign ventures
Analysis of: South Korea gets serious about reducing its dependence on foreign oil | www.iht.com
Author: Michael Lynch, Consultant Michael E. Lynch
Sarah J. Wachter in Seoul, South Korea reported in the June 30 issue of the International Herald Tribune that the government is becoming concerned about crude oil supplies. Over 97% of purchases are on the open market. High fuel prices recently caused thousands of truck drivers to strike. Korea’s economy...
Posted July 3, 2008
And the blame for high oil prices continues.
Analysis of: And the blame for high oil prices continues. | seattletimes.nwsource.com
Author: GLG Member Program Contributor
I am no defender of the President on energy policy. Let's get that said upfront. But, I am also not a defender of Bill Clinton, Bush 1, Regan, Carter and I think you get the drift. I am even less of a defender of virtually every Congress going back as far as Truman. But, enough is enough already! Energy...
Posted July 3, 2008
Dr. Mark Yergin testifies to Congress
Analysis of: Dr. Mark Yergin testifies to Congress | nytimes.com
Author: GLG Member Program Contributor
Speculators do not make markets or create fundamentals that underpin markets. Speculators take risks to take advantage of markets or opportunities created by any form of imbalance in prices. It would be a mistake to think that wringing the speculators out of markets will restore much pricing stability...
Posted July 3, 2008
Foreign energy companies in Russia stymied
Analysis of: Foreign energy companies in Russia stymied | www.iht.com
Author: GLG Member Program Contributor
In 2003-2008, the Kremlin, under Vladimir Putin's leadership, has consolidated control over domestic and foreign hydrocarbon assets. The strategic goal is to make Russia's state-owned "national leaders", such as Gazprom, into global supermajors.  The crackdown started with YUKOS (2003-2004) and...
Posted July 3, 2008
Resolution calls for embargo against Iran
Analysis of: Resolution calls for embargo against Iran | therealnews.com
Author: GLG Member Program Contributor
Mr. Porter must be seeking some headlines for promoting something other than responsible analysis. Sanctions on rogue nations like Iran have established paths for increasing levels of pressure. They are known and both sides of the dispute understand the process. While military options are always on...
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