Anadarka recently found 15-30TCF of NG in Mozambique channel.
NaturEner gave ACCIONA windpower contract for 126 wind turbines, 1.5MW each, for planned Montana farm. Turbines to be built in Iowa.
Strata Solar and Duke opened 5MW solar farm in NC.
China foreign reserves $3.18T.
US NG futures now around $2.67/MBTU. Up to $12 in Europe, $18 in some Asian markets. 9 US producers waiting for approval to export up to 10BCF/d of LNG. If approved, very likely, US prices will rise.
Nigeria announced partial rollback of gasoline prices, unions to suspend walkouts. Prices to drop to $2.75/gal. Were $1.70 before doubling. At least 3 killed by govt forces during protests.
Lufthansa ending biojetfuel program.
Oregon project pumping water into volcano to produce geothermal power.
Thousands in Bulgaria calling for ban on shale gas exploration. China revising policy and pricing to boost shale gas production. Cornell study linked fracking wastewater with farm animal mortality. Brit Geological Society: fracking is "pretty safe".
PA coal power plant plans to install $700M in pollution controls.
1st IPO in '12 could be Renewable Energy Group. Largest US biodiesel producer. Wants to raise $124M. $557M revs 9m11 v $146. Lost $27M 9m11 v $25 loss. Cash flow positive 4Q10. Sold 68M gal in '10 (22% of US production). '11 est. 147M gal. They've been buying up smaller regional producers. 6 plants with capac of 212M gal/y.
Floods cut Columbian ethanol production 35%.
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