Global Markets Direct has identified the following trends as being the key energy issues for 2009.

1. Capital expenditure on oil exploration and production will continue to stagnate in 2009

2. Oil price volatility to continue in the short term but likely to stabilize within a lower narrow band by the end of 2009

3. Clean energy projects will play a crucial role in the long term energy needs of the world although there will be reduced investment in 2009

4. New investments in unconventional oil and gas projects will decline in 2009

5. Coal will continue to be the highest consumed energy source in 2009 despite a shift towards nuclear and alternative sources

6. Nuclear energy will play an increasing role in meeting the global energy needs even though some new projects might be delayed in 2009

7. European countries' will continue to increase efforts to reduce their dependence on Russian natural gas in 2009

8. Demand for natural gas to continue to increase in 2009

9. Electricity generation capacity to grow in 2009 while distribution and transmission would require further investments

10. Rise in construction costs will delay projects in the refining sector

For additional information on the "Top Ten Global Energy Trends in 2009" report click here or contact Craig Pickering.

To view other research reports from Global Markets Direct, visit the Report Store

Global Markets Direct is a global market intelligence services company providing information research and analysis products and services.

SOURCE: Global Markets Direct

Global Markets Direct 
Craig Pickering, +44 (0)161 227 0662 
Marketing Manager 
clientservices@globalmarketsdirect.com

Founded in 1919, Halliburton is one of the world's largest providers of products and services to the energy industry. With more than 55,000 employees in approximately 70 countries, the company serves the upstream oil and gas industry throughout the lifecycle of the reservoir -- from locating hydrocarbons and managing geological data, to drilling and formation evaluation, well construction and completion, and optimizing production through the life of the field. Visit the company's World Wide Web site at www.halliburton.com.

SOURCE: Halliburton

Halliburton, Investor Relations 
Christian Garcia, 713-759-2688 
or 
Halliburton, Corporate Affairs 
Cathy Mann, 713-759-2605

About Excelsior Energy

Excelsior is active in oil sands exploration and appraisal in the Hangingstone and West Surmont areas near Fort McMurray, Alberta and will hold a 75% working interest in 58 contiguous sections on completion of its farm-in obligations. The Company also indirectly holds a 75% working interest in Blocks 16/1a and 16/6c in the UK North Sea through its subsidiary ENS Energy and a minor interest in gas production in Alberta. Excelsior's strategy is to capture oil and gas appraisal and development opportunities where we can leverage Management's diverse international experience and field development expertise. This includes heavy oil reservoir engineering and development of complex fields.

SOURCE: Excelsior Energy Limited

Excelsior Energy
David A. Winter
President & CEO
(403) 537-1015 ext 101
Email: d.winter@excelsior-energy.com
Excelsior Energy
Mary Kennedy
Vice President, Finance & CFO
(403) 537-1015 ext 103
Email: m.kennedy@excelsior-energy.com

Accepting on behalf of the district was Thelma Szarell, Superintendent of West Greene School District. "We would like to use these funds to provide to our students at all levels (K-12) the opportunity to experience virtual field trips. These field trips enable students the opportunity to make real world connections to classroom learning. It is a way to integrate technology, meet the needs of diverse learners, and help accomplish the objectives of planned lessons," said Ms. Szarell. She continued by saying, "Part of the money will also be used to purchase library books for the students at Springhill-Freeport Elementary School since we feel it is still very important to be able to get books in the hands of our students at a young age."

Nicholas J. DeIuliis, president and chief executive officer of CNX Gas, had a few words to say about the micro-turbine project, "We've been able to demonstrate that this unit is an innovative way to harvest and use a greenhouse gas which would normally be vented into the atmosphere." He continued by saying that if the economic evaluation is positive, this technology can be applied in coalfields either in isolated areas which may lack access to electricity transmission lines or at individual commercial power generation sites. "The success of a project such as this has many positive environmental implications, and today I'm very happy to see that West Greene School District was able to realize some economic benefits as well."

J. Brett Harvey, CONSOL Energy president and chief executive officer, echoed Mr. DeIuliis' thoughts, "CONSOL Energy is pleased with the performance and potential application of the Micro turbine technology." He continued by saying that demand for electricity is anticipated to grow during the next decades and such clean power technology will help to meet that demand while controlling emissions of greenhouse gases.

"Our goal is to be a major stakeholder in such projects to ensure the environmentally sound and efficient use of coal, methane gas and alternative fuels. And the fact that we were able to pass along the savings in electricity costs to benefit the West Greene School District is an added benefit of the efficiency of this technology."

CNX GAS CORPORATION is an independent natural gas exploration, development, production and gathering company operating in the Appalachian and Illinois basins of the United States. CNX Gas is the leading Appalachian gas producer, by revenue, and believes it is the number one capturer of methane in the energy industry. CNX Gas recently joined the Chicago Climate Exchange as an offset provider and was named a finalist in two categories by the Platts in their 10th annual Global Energy Awards and was also Pittsburgh Technology Council's Tech 50 Awards. Nicholas J. DeIuliis, President and Chief Executive Officer, received the Ernst & Young Entrepreneur of the Year(R) 2007 Award. CNX Gas has also been featured in such publications as Business Week, American Executive, Smart Business Pittsburgh, and the Pittsburgh Business Times. CNX Gas was recently listed as one of the Best Places to Work in the Pittsburgh Tribune Review.

      Contact: Laural Ziemba
      Office: 412.200.6758
      Mobile: 412.638.6061
      Email: lauralziemba@cnxgas.com

SOURCE CNX Gas Corporation

http://www.cnxgas.com