Tuesday, May 8, 2012

STUFF

Center for International Environmental Law: hydropower development in Andean Amazon could have negative enviro impact.

Ontario FIT prices dropped 30% for solar, 15% for wind. Germans paying much less.

EIA: US residential NG use in Feb hit 22-year low - 23BCF/d. And US coal production down 13% from last year.

Libya cut oil prod 10kb/d over protests.

Repsol may halt delivery of 9 LNG ships to Argentina.

Netanyahu approved special budget to secure offshore NG fields.

Japan, Russia exploring NG pipeline and LNG.

Vermont moved to ban fracking.

Shell shut down 60kb/d in Nigeria over thefts. Nigeria plans to increase crude prod to 4mb/d by '20 and increase LNG prod to 20M metric tons/y. And their army destroyed >600 illegal refineries recently.

Global NG flaring up 4.5% in '11. Equals annual NG use of Denmark.

Phillips 66 plans to double fuel exports next 2 yrs. Oil prod surge, gas demand down.

Venzuela to build 3 refineries in China.

China invested $222M in domestic shale gas industry last yr.



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