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..
Dear reader, it is important to highlight the fact that Air Products and Chemicals, a Fortune 500 company and one of the largest industrial gases producers in the world, will have invested over $1 billion in plasma gasification since 2012. The plasma and waste to energy (WTE) gasification spaces have traditionally been occupied by much smaller firms. A majority of successful projects have been undertaken by the technology developers themselves. Air Products has opted to use commercially proven technology by Westinghouse Plasma Corp.( a Division of Alter NRG Corp.) for two projects due online in Teesside, UK in 2015 and 2016....Full Article
Welcome to another edition of the report. There’s some interesting action taking place in Canada. Goldboro LNG was able to secure U.S. Department of Energy (DOE) approval for export of natural gas across the border into Canada and from liquefaction to free trade agreement (FTA) nations. The project needs U.S. approval because it intends to draw feed gas from American plays, similar to how American LNG proposal Jordan Cove LNG has gained Canadian export approvals for its intent to draw on Canadian gas.......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