STUFF

German scientists invented new coolant for EVs. Could allow tighter packing of batts, extended batt life, smaller coolant tanks. Mix of water, parrafin, anti-freeze and stabilization agent. Can absorb 3x as much heat as water. As fluid heats, parrafin melts and stores heat, solidifying again with cooling.

African countries to plant 4,300-mile line of trees in hopes of slowing desertification.

Shell's oil drilling vessel in Alaska slipped its mooring and nearly grounded. Shell asking EPA for easier air pollution regs for the rig. Greenpeace activists shut down some UK gas stations over the proposed drilling.

Alaska sueing to block EPA shipping fuel rules.

Shuttered Calif nuke plant reporting many more damaged tubes.

NJ offering $1K for state's oldest refrigerator.

Oil/gas exploration booming in Nebraska. TX petrochem boom, fracking and drought bringing on water worries. Desalination probably coming.

Apple nixing cancellation of solid waste green certification program.

100K folks took to Japan streets to protest nuke power.

UAE gave enviro approval for their 1st nuke plant.

Brazilian rooftop solar cheaper than grid : govt report.

Welspun Energy, India's biggest solar developer, said India set to double its solar target. Welspun in last year signed onto building >1.5GW of solar and wind farms for ~$1.8B. Govt now has goal of 20GW solar by '22. India needs to add ~170GW of new elgen capac over next 5 yrs to maintain 9% GDP growth. GDP up 5.3% in Q1. Central El Auth plans to allow coal plants to import 50% of their coal needs. 30% now.

Cheneire Energy got $3.4B financing to build major LNG export facil in Louisiana.

EIA says if sanctions continue, Iran oil prod will fall to ~2.6mb/d by yearend and lose another 200kb/d in '13. Agency also reported global oil stockpiles are again growing, ~85% of growth in emerging nations. Global oil demand to increase ~800kb/d in '12, ~1mb/d more in '13.

US oil prod (all liquids) in May was 8.7mb/d, up ~720kb/d over last year. Shale oil (tight oil) prod costs $44-68/bl and selling at $10-$20 discount to WTI, so very close to breakeven or loss at latest prices.

Exxon started prod from phase 1 of Angola field, eventually expected to prod 100kb/d.

UK oil refinery shutting down because of Euro refining capac glut.

Kurdistan section of Iraq exporting crude to Turkey by truck, trading it for refined diesel, kerosene. Baghdad may cut billions of dollars from province budget in reatliation.

Apache to drill Kenya's 1st deepwater well next month. Possible 700M bls.

BP not going to do $1.5B offshore Alaska oil project, calling it too expensive for est. 100M bls.

Israel started drilling for est. 1.5B bls ~100 yards from West Bank. Much of field thought under Palestine Territory.

Brit-Russ consortium, TNK-BP, has increased prod of Venezuela's heavy oil crude to 130kb/d.

Shell, Exxon to explore for shale gas in Algeria. ENI, Talisman already onboard.

Ethanol futures at highest price in over a month due to Valero and others taking eth plants offline.

MSU microbiologist found biofuel process with yields 20X current rates. 2nd bacterium used in breakdown process. Removes non-eth materials while generating el. 35-40% E recovery from fermentation process using corn stover.

Thailand biofuels exports expected to double.

New Lithuania LNG terminal will remove their dependence on Russia. Expected to import 11M tons/day. Online '14. Currently import equiv 4M tons/d from Gazprom. May have link-in to supply Poland some of the extra capac by '18.

Toyota working on wireless-charged EV. El track buried under road. El sent to steel belts in tires. Of course, looks econ impractical in this form.