Monday, August 12, 2013
STUFF .... Heat wave lingering over Siberia. Fires where usually ice, snow ... Report: local wind power at heart of industry's '12 growth ... Report: Australia the developed nation most threatened by climate change ... Climate effects taking toll on Uganda farms ... Ancient homegrown solutions in Sri Lanka helping remedy flood, drought damage ... Regulators tightened air pollution rules for PA frackers ... Cal legislators seeking investigation of offshore fracking ... W Australia reversed residential solar FIT cut 4 days after announcing it ... Dong Energy working to cut offshore wind costs 40% this decade ... Germany's big utilities getting hurt by falling power prices, shrinking market as clean/renewable energy grows ... IEA: global crude refining up over 3Mb/d in June as new capacity came online, maintenance ended ... Iraq's oil production expected to slip below 2.5Mb/d in Sept ... IEA reduced forecast for '14 global oil demand 100Kb/d to 1.1M on China slowing, US and EU stagnation. Global supply up 575Kb/d in July over June mostly on increased N Am production. OPEC production slipped 165Kb/d in July from Iraq, Libya, Yemen trouble ... Deep ocean warming faster than atmos ... EIA: China poised to top US as world's oil imports leader in Oct. Bought record 6.1Mb/d last month ... OPEC says world oil consumption will increase 1Mb/d in '14 to 90.8M. But demand for OPEC crude to fall ~600Kb/d less than it pumped last month to under 30Mb/d ... Nigeria oil production set to rise to 2.5Mb/d next 2 weeks as pipeline repairs completed. (How long will that last?) ... Citi analysts think world oil demand to peak in a few yrs at ~92Mb/d as long as vehicle efficiency increases 2.5%/yr ... Praj (India) broke ground on $25M cellulosic ethanol demo plant. 100 tons biomass/day feedstock from corn stover, cob, bagasse ... Iowa debuted E85 at pumps ... Petro China to develop giant Iraq oil field with Exxon. Potential to buy into Lukoil project ... Mitsui to invest $22M in biofuel project ... Ford expanding bio-based parts list with rice hulls ... Yingli or Trina may bid for Suntech ... Musk rolling out plans for Hyperloop ... Obama signed bills to boost small hydropower projects ... Oil lobby ads slamming RFS ... China accelerated subsidies for enviro protection.
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