Hart Energy Acquires Zeus Intelligence
Since 1991, Zeus Intelligence has focused on natural gas technologies worldwide, amassing an unsurpassed knowledge-base on LNG and GTL projects, markets and decision-making. In April 2014, the Zeus team joined Hart Energy, a premier information provider to the global energy industry with expertise from wellheads to steering wheels. Read more..
The Methanol Institute estimates global methanol demand at more than 70 million tons. Demand growth continues to be robust, particularly in China, which is set to drive much of the global demand increase to 2030. Increasingly, methanol is used in both fuel blending applications and is under consideration for a potential replacement for marine bunker fuel and fuel oil. Further development along these lines will only increase the demand for methanol. In the last few weeks, several methanol plants and initiatives have been announced....Full Article
This issue reports a few dramatic acts played out on the world's stage. Over the protests of environmental groups and a questioned land ordinance, the Federal Energy Regulatory Commission (FERC) approved the Cove Point LNG export project in Maryland. The FERC also issued a final environmental impact statement (EIS) for Corpus Christi, Texas, pushing Cheniere's other LNG export project forward....Full Article
Spot Market Outperforms Long-Term Shipping Rates (For Now)
Zeus has found that shipping companies that are handcuffed by long-term charters for their vessels have been impacted over the last four years in the same way that countries, like Trinidad, have been due to the increasing disparity between long-term and spot market cargo rates.
According to the above graph, beginning in 2010, revenues for LNG shippers Golar LNG and Teekay LNG Partners diverged dramatically. In the four full years beginning with 2010, the first year that data is available for, Golar has collected revenues that have ranged from 57 percent to nearly 150 percent greater than those of Teekay on a per-operating-day basis...
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HOUSTON-April 1: Despite entering the liquefied natural gas (LNG) fuel market with great fanfare in 2011, global oil and gas firm, Royal Dutch Shell, has retreated in recent weeks from plans to develop production capacity throughout North America. Zeus Development Corporation, an energy researcher that specializes in natural gas markets, has identified five tactics successful suppliers have been using to outgrow the super major. ....Full Article & Download