Analyses are solely the work of the authors and have not been edited or endorsed by GLG.
Why Biofuels are Good for the Us, the Environment and the Economy
November 4, 2009
Biofuels do harm, aren't they? | pellets-wood.com
Food vs fuel proponents argue biofuels replace food crops, therefore causing food shortages For the following reasons this is a short sighted argument. 1. Most crops used for biofuels production in the US aren't for human consumption, their alternative use is as animal feed2. A co-product of the ethanol production process is a feed ingredient that replaces much of the nutrient value derived from the corn 3. Biofuels reduce the demand (and price) of oil which encourages further world trade
Deepwater Drillers Poised For Long Term Growth
November 3, 2009
ENSCO -- Expanding Into Deeper Waters | www.rigzone.com
Many offshore contractors have a hunch their future success might be tied to the deepwater market. The smart ones know it is.
The Effect Could be Felt World Wide
November 3, 2009
Eon puts Kingsnorth plant on hold | www.ft.com
The effect could be wide spread not because of Eon or any other power generating company's decision to delay their coal fired projects. But, from the hangover we still have from the 2008 financial meltdown along with the resistance from environmentalists, politicians and the general public.
Electric Car Makers Urge For Government Subsidies in China
November 3, 2009
Will China Miss Out On Electric Car Investment? | blogs.wsj.com
While China is poised to become the world's largest car market and manufacturer, its strategy to promote electric vehicles as a means to minimize foreign oil dependence has been called into questions. Some analysts even observed that the Government's reluctance to provide subsidies to private purchase of electric vehicles may lead to a miss opportunity for China. What are the possible reasons behind the government's inaction?
Talisman bets that natural gas prices set to rise beyond current levels in 2010.
November 3, 2009
Talisman Adds Acreage in North American Shale Plays | www.rigzone.com
Talisman has added 170,000 net acres in the Pennsylvania Marcellus and the Montney shales (Canada) in the last few months at a cost of C$570 million. Marcellus drilling will increase in 2010 and drilling in the Montney will begin. Talisman doubled its Tier 1 acreage which it defines as breakeven at $4/thousand cubic feet. Combined Tier 1 positions in the two areas is 350,000 acres with a potential of 4,800 locations. The last five wells drilled in the Marcellus have ultimate recoveries of 6bcf
November 3, 2009
Biofuels do harm, aren't they? | pellets-wood.com
Review of recent article on biofuel viability
Statoil ASA, once StatoilHydro moves on to more reliable projects
November 2, 2009
StatoilHydro Halts Investments in Iran in Current Climate | www.rigzone.com
StatoilHydro announced on Friday that it has no plans for further investment in the Khorramabad block. The company's seismic operations were concluded before 2009. No firm plans exist for drilling a well. The Mehr News Agency has reported that the seismic data verified extensive gas and oil reserves. National Iranian Oil Company owns the block. Anaran field in the Khorramabad block is one of several promising discoveries. U.S. sanctions restrict investment in Iran to $20 million.
Threshold was exceeded in Iraq Risk Service Contracts
November 2, 2009
Eni closes in on Iraq Zubair deal | www.upstreamonline.com
BP agreement in October of 2009 has helped the Iraqi Oil Ministry to exceed the threshold. New agreements will mean billions of dollars of investment dollars for the international oil companies and similar amount of revenue potentials for the oil and gas service industry.
Domestic Refiners Need Level Playing Field
November 1, 2009
Washington's Carbon Rules Need Refining | online.wsj.com
Foreign refiners will get a significant advantage if current proposals for carbon legislation do not change.
Omega-3 Soybean Oil Closer To Commercial Reality For Monsanto and Solae
November 1, 2009
The GRAS certification of Monsanto's new omega-3 Soybean Oil is a major step not only for Monanto and their partner on this product, Solae LLC, but a it could also help pave the way to the acceptance of GMO crops around the world. The product still needs to be developed and marketed correctly as it is SDA and not EPA or DHA.
Halliburton to coax more oil out of largely depleted Ghawar field
November 7, 2009
Crude Oil Inventories Swell to Obscene Levels
September 23, 2009
Burgan, fabled Kuwait oil field in irreversible decline with high water cut
September 22, 2009
Is The Rare Earth Supply Crisis Due to Peak Production Capability or Capacity
September 6, 2009
$220/bbl oil someday, but not just around the corner. Game is changing fast
September 6, 2009