LATE STUFF

By '20, swapping out old wind turbines for new ones will raise power gen at refurbished sites from 1.5Gwh/yr to 8.2Gwh.

Siemens shutting down their solar unit. Found no buyer. $1B losses since '11. Solar thermal tech (CSP). Mirrors in parabolic troughs focus sun on liquids to produce steam to power turbines. 3 yrs ago PV solar 10% more expensive, now 1/2.

IFC: 60% of geothermal wells drilled globally successful. If status verified before, 78%.

Asia's biggest concentrated solar power plant in India selling power at half global price avg.

Baghdad cut plans to pump 12Mb/d by '17. Now 4.5M by end of '14 (2.9M now), 9M by '20. Required investment for gain reportedly only hundreds of millions of dollars. But with violence and instability, they will be lucky to get any foreign investors by end of next year.

Climate change driving temps in Egypt up to 20F above norm. (As if they need another prob.) Length of daily blackouts increasing.

Most indicators show China econ slowing in Q2. Could miss '13 target of 7.5% growth. Power use up only 4.9% 1st 5 months.

US crude production grew over 1Mb/d in '12. Largest increase in world, US history. (There's the American story, kids. Too bad fossil fuels create all that dam pollution, climate change, though, huh.)

Siberia shale field, 80x Bakken, covers area the size of France. Enough oil to double Russia's reserves.

Former Soviet satellite countries' crude exports down to 6.4Mb/d in '12. Decrease in Black Sea shipments.

Net energy ratios for Canada tar sands 3.5-6:1. Conventional oil 10-20:1.

China's largest oil/gas comp expanding into Ecuador by year end.

India shale gas reserves believed to be ~63TCF. Govt wanting to get to development.

IEA anticipates crude supply will struggle to keep up with refining demand. Supply risks in Nigeria, Iraq, Libya, Sudan.

World population to hit 7.2B friends and neighbors next month.

Brazil says Libra offshore oil field can easily reach 1Mb/d production. Bidding starts Oct.

Many doubt Nicaragua canal will be built.

US coal exports down 31% in April v. March. Lower demand from China.

US exports of diesel oil to Europe up to 23-year high. More domestic middle east demand holding back their exports.

Most optimistic EIA scenario has US total BOE production hitting 18Mb/d by '40. 10M a '20-'40 bench.

Top 50 US operators invested $186B in '12 to develop all US oil/gas fields. Up 20% over '11. Production up 13% yoy.

Algenol plans to move $500M advanced biofuels project to TX, NM, AZ or other state after FL repealed E10 mandate. 120 workers with avg. salary $98K they say.

LBNL highlighting top 5 techs available for license.

BTG (Netherlands) has new pyrolysis process for renewable diesel from 2G biomass.

Muradel (Australia) unveiled 1st "green crude" from microalgae.

Nordex (Germany) to supply 134Mw S Africa Tata JV wind farm. Start 3Q14. Online June '16.

House Repubs proposing sharp cuts to clean E, advanced research at DOE. (What's new.)

Judge rejected bid to curb MT methane emissions.