Saturday, September 13, 2014

UKRAINE BUILDING WALL ON RUSSIAN BORDER. Russian troops have largely gone back to Russia ... ~20% Ukraine's oil demand filled. 2 of 6 refineries operating. Usually buys from Belarus, Poland, Russia. Now talking with Azerbaijan ... Iraq forming new govt. Money flowing to Sunni tribes ... Sauds agreed to host training site for free Syrian fighters ... 2 new LNG export projects approved by US after legislation tweaked. 3 projects now ... At least 14 LNG export proposals for Canada's west coast ... Lukoil new oil/gas discovery offshore Ghana ... Trans Globe Energy new oil discovery in Egypt's west desert ... Lundin's oil discovery last year offshore Norway downgraded. May be too small for stand-alone development ... Consortium led by Kuwait Energy discovered more oil in Basra Iraq ... Shell launched new production in Gulf of Mex. Est. 50KBOE/d ... Utica natgas production up 32% in 2Q from 1Q to 88.7BCF. More than all of '12. Oil production also up 32% to 2.5M bls ... Corruption scandal over Petrobras skewing Brazil presidential elections. Candidates implicated. 3% kickback '04-'12 ... Gambia formed new national oil comp ... Hungary's MOL to buy Eni's Czech, Slovak, Romania units ... KKR, Riverstone forming oil/gas JV ... Trans Atlantic Petrol buying Stream for $41.2M. 3 oil fields, 1 gas field, 1 exploration license in Albania.

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