Posts by Rebecca

    Oil prices rose to 17-month highs on Thursday on further signs that a global economic recovery would boost consumption.

    In New York the price of a barrel of light sweet crude for delivery in May rose over a dollar to 84.87 by the end of trade on Thursday, up from 83.76 the day before.

    During trade the price briefly rose above 85 dollars, the highest level since October 9, 2008.

    Brent North Sea crude for May also hit a similar high at 84.04 dollars, before pulling back slightly to 83.96, up 1.26 dollars.

    "Decent data around the globe have offered a positive backdrop," said analysts at Sucden Financial Research in a note to clients.

    Now, with the Peak Oil discussions commencing once again in UK and the rest of the world, will there be another recession coming which will be worse that the Sub-Prime recession?

    ---------------------------------------------------------------------------------

    For Oil & Gas Jobs : Oil & Gas Jobs

    Hi Nohito

    Hope this can help as a start . Here is an extract from <link removed>
    The Carbon Council of Oklahoma (CCO2) assisted the Oklahoma Conservation Commission in establishing a procedure for issuing carbon credits for underground injection of carbon dioxide (CO2) and other emission reduction activities. As a result, the State of Oklahoma becomes the first state in the union to formally authorize issuance of carbon credits for underground injection of CO2.

    There are 3 types of CNG ship designs mentioned at the Coselle website <link removed>

    It says : "Sea NG can adapt capacity to project needs with a flexible CNG fleet consisting of ships that contain 16, 25, 84, and larger numbers of Coselle transportation and storage modules."

    There have been some papers from some other sources about CNG storage and offloading ships too.

    I am also looking for more information on whether any of the CNG ships have been ordered.. :S