Monday, August 11, 2014

JAPAN IMPOSED HARSHER SANCTIONS ON RUSSIA last week. Freezing assets of 40 individuals, 2 comps. Also requiring approval for imports of products made in, shipped from Crimea ... Drastic GHG emissions pullback needed by '50 to limit global warming, climate change's worst impact: UN draft ... Iran, Russia signed $20B deal. 500Kb/d Iran oil for Russia equipment, goods. Violates interim treaty with Iran, bypasses dollar-based monetary system ... Exxon began drilling in Russia Arctic over weekend. Doesn't technically break sanctions ... Colo, Wyoming, Utah oilshale industry more likely to produce 500Kb/d at peak. About 1/3 of previous industry estimate ... 1/4 of India's coal power plants stocked with under 4 days of coal ... Germany, Italy, EU, China, France leading world in energy efficiency: ACEEE. Only Russia, Mexico, Brazil doing worse than US ... China dialed back shale gas production target for '20 by 1/2. Complex geo, high production costs ... State Dept seriously underestimated GHG impact of Keystone XL: study ... Eni made natgas, condensate discovery offshore Gabon. 500M BOE ... Gabon offshore oil exploration, production deals with Marathon, Noble ... Siemens to start road testing el truck highway ... Global air travel demand surpassing emissions reductions: study ... China provinces meeting '15 energy targets ... China, Brazil planning media strategy to change pollution image ... Statoil's Barents Sea Arctic exploration now no-go. But may come back later ... China crude imports up 2% in July v. June, down 9% v. '13 ... Several oil comps drilling in Kurdistan withdrawing workers ... Heavy fighting continues in Tripoli. Maybe 2 oil tankers got loaded in last week ... Petrobras output from "pre-salt" offshore over 500Kb/d. Near up 3x from '12 ... Shell's new deepwater Nigeria project expected to produce 40Kb/d at peak ... Oil of DR Congo (Israeli-owned) discovered ~3B bls oil in Congo ... Frackers expected to use near 95B lbs of sand this year, up near 30% yoy ... Egypt, Jordan. Iraq called off natgas pipeline from Iraq plans over violence, instability, insecurity ... N Ireland drilling comp target of bomb threats from groups opposed to fracking ... GDF Suez teaming with Cameron for proposed Louisiana LNG plant. Up to 12M tons LNG/yr export cap. $10B. Online '19 ... Marcellus NG production now over 15BCF/d. ~40% of US shale gas production. Marcellus was 2BCF/d in '10 ... 10.3BCF NG flared in ND in April ... Egypt plans parallel Suez canal to double capacity ... Over 58% of California in "exceptional" drought. State short over 1 year worth of reservoir water for time of year ... Novozymes enzymes give ethanol producers 6% more fuel from corn, uses 8% less energy in production. Working on 5% more fuel from corn ... Germany building running on algae fuel successful in 1st year. Producing more heat than expected. 15 apts with no heating bills ... Biofuels to have impact on world food prices, security as industry scales up: Stanford research. Poorest to be hurt most ... Hormel using bacon grease to power motorcycles. Costs ~$3.50/gal to make ... June US ethanol exports up 13% to 60M gal. Spain now importer. US June imports down 75% to 7.3M gal (most from Brazil) ... Kyrgyzstan may be facing energy crisis this winter. Uzbekistan stopped natgas deliveries over Gazprom contract dispute. Water reservoirs unusually low, cutting power supply to grid. And Kazakhstan not allowing Russia oil/fuel trains to reach Kyrgyzstan ... Global onshore wind market est. $900B in '20. $89B in '13 ... U of Washington researchers eliminating need for batts for portable electronics. "Wi-Fi Backscatter". Recycles ambient radio waves vs. generating their own ... Mexico '14 clean/renewable investment may beat $2.4B ... Yingli Spanish unit to supply 31.6Mw for Japan solar project ... Japan solar installs est. 12Gw this year from 7.1Gw in '13 ... Japan Bank for Intl Coop, Mizuho Bank among lenders of $621M for 210Mw UK offshore wind project. Due online in '15 ... Mitsui unit, Tokio Marine planning $75M fund for solar projects for institutional investors. 8 solar projects in Japan, 25Mw total ... Electrosul to spend $118M for 48Mw Brazil wind project ... HSN Nordbank to provide 112.5M euro for 108Mw French solar parks ... Vattenfall, Stadtnerke Minchen to invest 1.2B euro in offshore wind ... Clenergy got 40Mw Pakistan solar project ... DOI targeting parcels offshore N Carolina for wind development ... Oklahoma utility says EPA compliance to cost them $1.1B ... Defect shuttered 4 nuke reactors in UK.

No comments:

Post a Comment