Monday, February 24, 2014

STUFF ... Kurdistan to Turkey oil pipeline bombed again last week. Bombed 54x in '13 ... Vitol to pay $2.6B for Shell's Australia gas stations ... Iraq oil exports down to 2.2Mb/d in Jan from 2.34M in Dec ... US exported avg 2BCF/d to Mexico last year. Expected to double by '16. Need more pipeline ... Energy Solar Holdings to build 250Mw PV solar base through asset swaps ... LDK Solar filed for provisional liquidation in Caymans ... Solar World completed financial restructuring ... Suntech filed Chap 15 bankruptcy in US ... Silverado Power (Cal) merged with Sustainable Power Group (UT) ... Alterra Power (Canada) completed acquisition of 202Mw TX wind project in late stage of development ... Blu Earth Renewables (Canada) got Alberta OK to build 115Mw wind farm ... EIB to lend Eur200M to Indian Renewable Energy Development Agency for India clean energy projects ... SSE (UK) withdrawing aps for 2 onshore wind projects, total 117Mw, in Scotland ... DOT: major railroads approved voluntary safety steps for oil trains including slower speeds, more track inspections ... BNSF buying 5K safer oil cars ... MD PSC won't account for fracking impacts in consideration of LNG export project ... Warmer winters won't save lives: study ... World could double clean/renewable power capacity in 16 yrs: UN report ... El Nino poised to return, affect global food production: experts ... Numbers of large fish dwindling along vast stretch of Australia coast ... Different TX regions need tailored climate adaptation strategies: report ... US Supreme Court today hearing industry/states case against EPA GHG emissions rules ... Regulators probing trailers thought to be leaking radioactive waste in ND ... Organic winemaker in France facing jail for refusing to use pesticide ... Farmers rising up as oil pipeline spills permeate India's rice bowl ... US S east military bases finding policy roadblocks to energy alternatives ... EPA wants to tighten emissions reporting at oil/gas facilities ... PA Supreme Court turned down state's appeal over NG drilling law ... China clean energy industry facing $7.7B in bonds maturing this year ... Iran announced "new model oil contract." More attractive to intl oil comps than deals Iraq has been offering ... 72-hr ceasefire in Anbar Iraq over weekend. 370K folks displaced ... Libya oil production back down to 230Kb/d. Nearly all staying in country. Militias told Parliament to step down or face arrest ... Pemex wants to boost production to 4Mb/d by '25 from 2.52M last year ... 7 biggest western majors produced 9.5Mb/d oil in '13, down 2.2% from '12. 4th consecutive year of decline. Liquids output down 12.4% since '09's 10.86Mb/d ... Sauds probably need to boost crude exports above '13's 7.54Mb/d to keep pace with govt spending ... Ecuador's oil output up 4% in '13 to 526Kb/d ... Gazprom charges Europe customers $11/MBTU for NG with discounts to ward off competition. China pays ~$10 for NG from Turkmenistan, Myanmar ... Leader of Nigeria's Islamic uprising plans to destroy country's oil refineries "in coming days" ... Nigeria to conduct forensic audit of state oil comp to find missing $50B of revs ... US crude imports down 5.2% in '13 to 7.5Mb/d ... 545 fires broken out so far this year in Cal. Up over 3x from '13 ... 142 Brazil cities rationing water because of drought. Some neighborhoods get water every 3 days ... 10.8M gal E85 sold in Iowa last year, up 20% over '12 ... Rapeseed oil in 89% of German biodiesel ... US Farm Bill provides USDA with $250M to develop, build commercial-scale biorefineries that produce advanced biofuels ... Gazprom offered JV exploration projects in Algeria. 1st foreign comp invited ... Cyprus to drill offshore despite Turkey threats. Turkey apposed to Cyprus exporting oil/gas. Says energy wealth also belongs to Turkish Cypriots. Turkey also claims blocks south of Cyprus all the way to Egypt waters. May be up to 60TCF NG in Cyprus waters ... Shortage of talent in US govt positions holding back oil/gas industry: GAO ... Canadian Solar (CSIQ) to supply 48Mw to projects in Japan, US ... Ingenious Media to put half its planned $266M IPO funds into UK solar assets ... Japan saw domestic shipments of solar cells, modules of over 2Gw in 3 mo through Dec. Double '12. Exports fell to 15Mw from 111Mw ... Malaysia's sovereign wealth fund may build 50Mw solar plant ahead of IPO.

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