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 U.S. Departments of Navy, Energy, and Agriculture announced Sept. 19 the award of $210 million in grants to three companies for the construction and commissioning of biorefineries in Nevada, Oregon, and the Gulf Coast capable of producing “drop-in” biofuels to produce transport fuels at an average cost of $3.40 a gallon.
Asian countries such as China, India, Japan and Pakistan look to increasingly rely on their coal resources to offset reliance on imported fuels. With environmental impacts in mind, these countries are increasingly looking to cleaner coal solutions such as gasification to promote the alternative use of the resource. This is a roundup of some major developments in global gasification over the previous year....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...
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