Friday, September 21, 2012

STUFF

Cooper Farms in OH installing 3rd wind turbine. Turbs will produce 3/4 of farm's el needs. 5-year payout.

US '11 seafood catch hit 17-year high.

NOAA predicting warmer-than-usual fall in US with weaker El Nino.

NY calling for health study before OK'ing fracking.

Exxon paying $1.6B for Dewbury stakes in ND, MT Bakken fields. Predicted to produce ~15Kboe/d in 2H12. boe - barrels of oil equivalent.

Sunoco handed over Philly refinery to Carlyle Group.

UK considering guaranteed payments for 7 years, retroactive to July '09, for homes that gen their own heat using geo heat pumps, biomass boilers, solar thermal. 10 months after intro of incentives for biz to gen heat from clean/ren. Also examining air-to-water heat pumps and E from waste.

Recent fire at big box Cal retailer linked to faulty solar install. Concern over qualified workforce while funds for training drying up. And standardization.

China's Wen urges EU to avoid tariffs amid solar panel probe.

Brit's Institute of Directors says country must begin shale gas exploration. Without new resources, imports could grow from $8.5B/y now to $11B by '15. N Sea supplies dwindling. Brits were net exporters of NG until '04. Now importing from Norway, Qatar.

Fracking banned by Quebec Province.

Valero restarted ethanol plants in Neb, Ind. Margins good enough with Dec corn price. Now operating all 10 plants.

Global corn crop 2nd largest in history. US reaping their 8th largest. Argentina up > 30%, Mexico 19%, S Africa 17%, China 4%.

UK researchers at U of Surrey announced breakthrough in microbial fuel cell tech. Could lead to development of self-propelled devices. Also can clean wastewater. Distillers dried grain with solubles.

Shell building floating LNG plant. Will weigh 6x world's largest aircraft carrier. $13B cost. Being built in S Korea. Typical onshore facility costs $20B. To be anchored off NW Australia. Will produce ~3.6M metric tons LNG and 1.3M tons of gas condensate a year costing ~$3-3.5B/M tons LNG.

Inpex to build onshore LNG facility for $34B. Capacity 8.4M tons/y @ $4B/M tons LNG cost.

Deutsche says LNG demand to more than double to ~460M tons/y by '25.

Pipeline comps' leak detection systems only detect 1 of 20 oil spills.

Drilling in US GOM growing again. May soon reach pre-BP spill levels.

Washington State's attorney general and state UTC say Avistar asking too much of customers with push to raise el rates 6.3%, NG rates 6.9%.

ABB (Switz) opened $90M el cable plant in NC. Cable designed to be buried underground. $11M contributed from state, county and city.

US appeals court ruled Alaskan village can't sue oil comps or utilities for damages from climate change under federal common law.

CBO questioning value of EV tax credits.

Oyster die-off in Fla waters.

3 Mile Island reactor unexpectedly shut down. Bad memories.

Brazil plans to increase ethanol exports to US.

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