ReleaseWire

Euromonitor International's Industrial reports provide a 360 degree view of an industry. The Industrial market report offers a comprehensive guide to the size and shape of the Production, Collection and Distribution of Electricity market at a national level. It provides the latest retail sales data, allowing you to identify the sectors driving growth. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market - be they new product developments, packaging innovations, economic/lifestyle influences, distribution or pricing issues. Forecasts illustrate how the market is set to change.

US Land Grid, Inc. (http://www.uslandgrid.com) has announced the release of their oil and gas wells for Oklahoma, Louisiana, Arkansas, New Mexico, North Dakota and California.

BMI View: The Qatari power sector is set for strong growth over the coming years as the country gears up for the FIFA World Cup in 2022. Heavy government spending, robust economic growth and a growing population will see demand for electricity rise significantly over the next decade, and the government has outlined its commitment to investing in power infrastructure to satisfy that demand.

MarketLine's Company Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments reports offer a comprehensive breakdown of the organic and inorganic growth activity undertaken by an organization to sustain its competitive advantage.

MarketLine's Company Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments reports offer a comprehensive breakdown of the organic and inorganic growth activity undertaken by an organization to sustain its competitive advantage.

The government launched its plan to sell its stake in electricity provider Isagen this quarter. The move, which could raise up to COP5trn (US$2.6bn), should help fund infrastructure investment once August 2014's presidential elections are complete - but critics fear that this money will end up being used elsewhere. Just a few days after the first phase of the sale, press reports stated that five companies had expressed an interested in acquiring a stake in the firm. This is positive, illustrating the opportunities presented in Colombia's growing power market, and its appeal to both domestic and foreign investors. Overshadowing this optimism are ongoing concerns about security. The distances between urban, electricity-consuming populations and sources of hydroelectric power are great, and the FARC considers many of these parts of the country to be under their control. Sabotage of power infrastructure projects is, unfortunately, commonplace.

Home Made Energy is an eBook that many households today are finding useful. Home Made Energy by Ben Ford is a guide to making solar panels. According to this Home Made Energy Review, this guide is a great resource for people who are looking to build their own solar panel in order to save on their electricity bills, do their part to help the environment, get satisfaction from their work, and be able to sell those panels for a profit. Nowadays that the costs of electricity is really soaring high, any opportunity to do away with it will really be grabbed, even if it just comes in a form of an electronic instructions.

BMI View: The November 2013 interim nuclear deal reached in Geneva has rightly been hailed as a significant development in the negotiations between Iran and the West, and marks a further improvement in the Islamic Republic's international position since the election of Iranian President Hassan Rouhani in June 2013. However, it is crucial to note that the agreement does not lift sanctions on Iran's oil exports and does not allow for additional Iranian oil sales. Any significant easing of the oil export ban would only come as part of a broader, final settlement, which would be at a minimum 6-12 months away. Therefore, for the moment, the Iranian hydrocarbon sector remains largely impaired due to the ongoing sanctions. We do not expect a large increase in oil production and exports for the moment. In terms of gas, we believe that Iran will not be able to increase production sufficiently to satisfy mounting domestic gas demand. This will translate into increasing gas shortages. Meanwhile, Iran is claiming a succession of major oil and gas discoveries that, if proven, demonstrate considerable upside potential to its existing resource base. In a bid to secure much-needed investment, Iran is offering improved terms to contracts long seen as uncompetitive by operators, but few national oil companies are likely to bite in view of sanctions and a backlash from the US/UN.

BMI View: We see the recently passed Mexican energy sector reform as the start of a fundamental paradigm shift for the country's hydrocarbons sector. While it does not challenge the national narrative that hydrocarbons belong to the state, working within these constraints the landmark bill takes steps to incentivise private sector involvement through the creation of a flexible contract system. As such, although we stress that it will take a number of years before results are felt in the country's production and reserves data, over the long term, we believe this will bolster investment and could reverse a nearly decade long decline in oil production.

Robust unconventional and offshore production is set to buoy US crude oil growth, such that in the coming year we see the country as set to overtake Saudi Arabia to become the largest liquids producer in the world. The robust production story has also fed through to the US' downstream sector. Indeed, while we do not foresee the US ending its crude oil imports in the coming years, with rising liquids production and a ban on crude exports, this will encourage greater refined product output - especially diesel and liquefied petroleum gases.

We expect Oman's recent impressive gains in oil production to begin to moderate, with output peaking in 2016 before gradually trending lower as the recent impressive gains from enhanced recovery operations begin to dissipate. There are many upside risks to this view, with opportunities from the approval of additional upstream projects to new discoveries, with offshore a particular area of opportunity. However there is downside risk such as disappointing output from redevelopment projects approval failure. These risks extend to gas as well. While we assume a more sustained rebound in output, albeit with much of the gains reliant upon BP's costly and complex Block 61, setbacks here would result in downward revision to our forecast. That said, Oman's continued push to secure additional foreign participation makes the market one of opportunity despite expectations for growth to moderate.

MarketLine's Company Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments reports offer a comprehensive breakdown of the organic and inorganic growth activity undertaken by an organization to sustain its competitive advantage.

MarketLine's Company Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments reports offer a comprehensive breakdown of the organic and inorganic growth activity undertaken by an organization to sustain its competitive advantage.

BMI View: Interest in West Africa's deepwater potential remains strong, underscored by Total's recent subsalt discovery and the recent award of a number of offshore blocks to an impressive roster of companies. Although the uptick in exploration activity offshore Gabon is encouraging, the country's business environment remains a serious concern with the potential to slow or deter the rebound in interest. Notwithstanding the upside, we retain our view that oil production in Gabon is set to plateau from middecade and gradually decline. The start of some small new fields or redevelopment will fail to offset falling volumes from mature fields elsewhere.

In its recent blog entry, E3 Power presented several major ways people waste energy at work. Saving energy is good for the environment and helps to save money. A few simple changes make it easy to save a significant amount of energy at the workplace.

BMI View: The South African petrochemicals industry is struggling with poor domestic demand conditions, deteriorating risk and a volatile exchange rate. Margins are coming under pressure with the depreciation of the rand doing nothing to boost the industry's fortunes on external markets. Instead, local producer Sasol is ramping up investment in North America to take advantage of shale gas growth with only incremental increases in domestic capacities.

In spite of a decline in market activity in 2013, the Turkish petrochemicals industry is on schedule for strong output growth as investment moves it towards greater self-sufficiency with the country likely to move from import dependence to net exports in some segments, according to BMI's latest Turkey Petrochemicals Report.

We foresee a steep learning curve for the Greek authorities as they attempt to establish Greece as a destination for exploration and production (E&P) investments. The multi-month delays (on account of fiscal and taxation issues) in the finalisation of the open-door licences in Ioannina and the Gulf of Patras and the nebulous arrangements of the Katakolo licence, along with an ongoing 20-month delay in appointing the statutory hydrocarbons supervisory and management agency (EDEY AE), testify to the inexperience of the Greek authorities to move through the process (even of this small licensing round) in a timely manner - a negative precursor to the government's aspirations for an international licensing round. The absence of a declared and demarcated Exclusive Economic Zone (EEZ) is a further obstacle that will cause delays. This, in conjunction with an anaemic institutional infrastructure as well as the absence of solid and stable fiscal and tax regimes to govern the upstream sector, represents the main hindrances to Greece's E&P aspirations. We note some upside risks to our forecasts for Greek hydrocarbons production towards the end of our forecast period; however, for the time being, we cannot factor in a change to our forecast scenario, which suggests very limited upstream activity in the country.

While Cameroon's near-term oil production outlook is somewhat uncertain, there are projects capable of delivering modest volume growth over the medium-to-long term. More efficient usage of associated gas, through the limitation of flaring and the development of domestic resources, offers prospects for sustainable growth in the upstream gas segment, with potential output available for domestic use, power generation and eventually for export as liquefied natural gas (LNG).

MarketLine's Company Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments reports offer a comprehensive breakdown of the organic and inorganic growth activity undertaken by an organization to sustain its competitive advantage.

BMI View: Brazil's massive pre-salt fields, such as Lula, Iracema and Franco, suggest substantial growth potential over the long term, underpinning our view that crude, natural gas and other liquids output will rise from an estimated 2.3mn b/d in 2013 to 3.9mn barrels per day (b/d) by 2022. That said, this is a modest downward revision from previous quarters, reflecting our view that the above-ground environment remains a considerable obstacle to both the country's upstream and downstream sectors. Indeed, muted interest in the country's first pre-salt round, such that there was ultimately only one consortium that bid, underscores the potential impact of Brazil's unfavourable licensing terms and burdensome regulatory environment. Meanwhile, following the volte-face by the government on a new fuel pricing mechanism, imported fuel costs will likely continue to act as a significant burden on state-owned Petrobras' already weak financial position.

Longevity welding equipment if well known for providing numerous welding machines and is presently promoting a new range of stick welders for sale. Unlike other manufacturers, Longevity Stick Welders have portability and power in mind. Longevity stick welders are efficient when welding rusted or painted metals. Stick Welding or shielded metal arc welding are ideal solutionsfor industrial welds and are enhancing the productivity for users by reducing operating cost and overhead expenses. Longevity welders can handle all 6010, 6010, 6013, 7018 welding rods, and will benefit the customer.

The government is taking steps to reduce France's dependence upon nuclear power, and by end-2014, it is expected to adopt a law to determine how to do this. This follows on from President Hollande's electoral promise to curb the use of nuclear power. But non-government bodies, such as the Renewable Energy Syndicate, believe that the government is not moving fast enough to meet its target - that 50% of electricity is generated by non-nuclear sources in 2020. So what are the alternatives to nuclear power? Investors are turning away from gas - hydraulic fracturing for shale gas is off the agenda, and problems with LNG supply from Algeria in late 2013, and rising coal imports limit the opportunities here. Whether or not renewable energy can take advantage of the opportunities for investment remains to be seen.

MarketLine's Company Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments reports offer a comprehensive breakdown of the organic and inorganic growth activity undertaken by an organization to sustain its competitive advantage.

Electricity demand is expected to grow globally in the future by many folds. It is expected to grow to 32,000 TWh by 2035, a 70% increase from 2012. The global consumption of electricity is expected to grow by over 60% from 2011 to 2030. This huge demand increase has to be met by increased generation which requires 6,000 GW of added new capacity, apart from the existing capacity.