STUFF

Sinopec buying 1/3 stake in 5 Devon Energy exploratory oil projects (shale) in US for $900M and up to $1.6B in future drilling costs. 125 new wells in '12. They are buying the knowledge for their own shale deposits.

Vestas cut revs, profit forecast and looking at restructuring. Stock at 8-year low.

HOKU got reprieve on the power bill for Idaho polysilicon plant. Idaho PUC to hear the case next week. HOKU up 14% today. I guess I must say I was wrong on shorting them yesterday. But maybe next week.

China Development Bank approved loan for LDK Solar 8 MW solar projects in Cal. CDB also approved loan for LDK's 2 NJ projects totaling 14.7MW, and approved construction loan to SOPW to build the NJ plants.

China China China.

Matinee Energy broke ground on 120MW solar project in AZ last week.

Germany solar output up 60% in '11 to 3% of total elgen. Also, overall E use fell 4.8% from warmer temps, increased efficiencies.

All French nuke plants cleared post-Fukushima stress tests.

Commerce Dept delaying for a month the decision on tariffs on Chinese solar imports.

Utilities' efficiency budgets up 20% last year.

Ecuador court upheld $18B judgement against Chevron.

Delta Airlines adding $3/ticket to offest Euro emissions charges.

New oil/gas rich folks in ND buying up AZ homes.

Network TV news coverage of climate change down 50% in '11 despite the extreme weather.

Dry start to Calif wet season.

Citing batt probs, Fisker pulling hybrid sports car from market. That affects AONE.

GA's largest corn ethanol producer - SW GA Eth - emerged from chapter 11 bankruptcy.

Iowa producers >tripled biodiesel output in '11 to 169M gal.

Brazil failure to meet local demand for ethanol pushing up imports from US. Sugarcane production falling 1st time in decade.

IL legislature approved extension of biodiesel blending sales tax incentives to '19 for any blend >10%. Follows on boot heels of TX yesterday.