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..
Mitsubishi Hitachi Power Systems (MHPS) is a new company formed in February 2014 integrating the thermal power generation systems business of Mitsubishi Heavy Industries and Hitachi. The aim of the integration is to leverage each company’s technology to supply the global Gas Turbine, Integrated Gasification Combined Cycle (IGCC), Steam Turbine, Generator, and Fuel Cell industries.
The company now has an ambitious plan: compete with GE in global power gen markets. GE is a global leader in gasification technologies,....Full Article
Welcome to this edition of the Zeus LNG Report. It was interesting to note the measured approach to many companies’ earnings reports in the past couple of weeks. Despite reduced capex spending in areas, LNG still holds value for a number of companies
Egypt followed up on its recent dealings with several more agreements signed. Trafigura, Noble Energy Inc. and Gazprom......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...
Read more and enlarge chart...
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