Monday, June 16, 2014

KURDS SEIZED KIRKUK last week after Iraq forces scrambled the hell out of there. Kurds, ISIS skirmished. Kurds' historic capital ... 4 Iraq army divisions routed by ISIS last week. Iraq has 10 more divisions. So, Shiites have money, bulk of Iraq oil. Sunnis have control of the river waters, oil refining cap. Kurds have their own oil, historic land. And Baghdad still figuring out forming new govt. (O, that democracy. Ain't easy.) ... Monarchy in Jordan destabilizing with all the refugees ... 3 unmarked T-64 tanks showed up in Ukraine separatist hands. US verifies they came from Russia. (Earlier news that Gazprom lowered NG supplies to Ukraine corresponding to Ukraine use.) ... Oops. IEA est. of global oil demand to increase from 91.4Mb/d in 1Q14 to 94M in 4Q14. (Formerly reported increase from 90M in '13 to 92M this year.) ... First Solar (FSLR) to build 150Mw Cal solar farm for Tenaska. $450M finance ... Soco (UK) to end oil/gas exploration in Congo national park. Africa's oldest. 1/2 of world's 950 mountain gorillas among other animals, refugees from Rwanda ... Florida next week taking aps for Renewable Energy, Energy Efficiency Techs Matching Grant Program. Funds for demo, commercialization, R&D projects for clean/renewable techs, innovative techs that significantly increase energy efficiency for vehicles, commercial bldgs ... GE to increase Tanzania installed power gen cap 15%, significantly improving reliability, efficiency. 4 NG turbines for 150Mw plant. 40% efficient. Duel-fuel operation. Online this winter ... GE supplying 10 NG engines for 40Mw power plant in Mozambique ... 10 GE NG engines for upgraded 17.3Mw landfill gas plant in France. Also 30Mwh/y of thermal energy. Doubles efficiency ... Wisc utilities met state goals for clean/renewable power 2 yrs ahead of target ... Russia-owned coal comp to pay $800K back taxes to WV county. Owed $1.2M ... Gibraltar to buy power from Eco Wave Power. $5M to build. 1st phase 500Kw, scale up to 5Mw. Gibraltar clean power target 15% by '20 ... Trina supplying 23Mw for rooftop solar in Shandong. Shipments this month. Will cover ~500K square meters ... Rame Energy (UK) to sell $69M of stakes in 4 Chile wind projects to Banco Santander. 118Mw total. Online end of '15 ... Kerry vowing "ambitious" US push on marine conservation ... DOI doling out $100M for restoration, resiliency from extreme weather ... Phosphorous pollution worse in some areas of Chesapeake ... OR project would make state 1st to map GMO farmfields ... HASI (Hannon Armstrong) to issue $100M of bonds in 4Q ... Abengoa's US unit raised $829M with IPO ... Invenergy sold ~25% stake in wind unit to Canada comp ... Clean/ren power drove 50% drop in German el prices: IWR. Now ~.30 Euro/Kwh ... India to set up 2 state-owned clean power JVs ... Aboitiz Power targeting 200Mw geothermal power in Philippines ... Boston-Power (advanced batt maker) to close $250M finance, considering IPO ... Consilio Group (US) to invest $100M to develop 300Mw solar in Egypt ... Italy produced 10.8% of power from solar in May. 9.2% in April ... Avg. US pump price for regular gas $3.65/gal. $3.99 here across the street ... Nuclear talks with Iran resume this week. 20 July deadline ... Libya oil production now down to ~120Kb/d. Enough for domestic use. But 80Kb/d field back in production ... China power use up 5.2% 1st 5 months '14 ... Beijing took fight with Vietnam over oil rig in S China Sea to UN. Says Viet ships rammed their ships near the rig over 1K times. China fighter planes buzzed Japan patrol plane O by the way. Happy trailers, pards. Onward and upward. Tally ho.

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