Sunday, October 26, 2014

IRAQ FORCES RETOOK 4 VILLAGES FROM ISIS .... Over 800 killed in 40-day fight over Kobani. More ISIS than Kurds. Peshmerga still in Turkey. Kurds still repelling ISIS attacks .... Airstrikes costing US ~$10M/day .... Massachusetts public school teacher reportedly teaching "no God but Allah". (Um, that's just plain un-American. All religion should be taught equally.) .... 25 Euro banks failed stress test .... Sauds produced 9.7Mb/d in Sept, up from under 9.6 in Aug. Speculation they may be trying to shake marginal US shale production out of market. ~1/3 of US wells unprofitable @ $80 .... Iran needs $150 oil for breakeven budget. Russia $100, loses ~$2B/yr every dollar below .... 2nd round Brazil presidential voting today. Corruption at Petrobras big issue .... Shell sold all Nigerian oil assets it put up for sale .... Chesapeake selling S. Marcellus, some of WV Utica assets to Southwestern Energy for $5.38B. (I bet that .08 went to the dealmakers, top execs. I bet that's how that works.) 413K acres, 1.5K wells .... Germany's Euro Energy Exchange taking majority stake in France's Powernext Jan 1 .... Oryx Petroleum bought 85% stake offshore Senegal, Guinea .... Encana buying Athion Energy (TX) for $7.1B cash, assumed debt. 140K acres Midland Basin. 30K BOE/d in production, 80% liquids .... UK blocked $6.5B oil/gas buy by Russian due to sanctions. Russian-owned N. Sea assets, though, seem safe .... GDF Suez, BP new oil discovery in N. Sea. GDF's 3rd discovery this year ....Exxon investing $1B in Belgian refinery upgrade despite poor margins due to EU green energy rules that cut oil demand .... Genel Energy, partners discovered off Morocco .... Kurds announced another light oil discovery in their region by Brit comp .... President Energy (UK) made 1st light oil discovery in Paraguay Chaco Basin .... BOEM to offer 44M acres offshore LA, MS, AL for oil/gas development in March. 7th offshore sale under Outer Continental Shelf program for '12-'17. This lease should yield 460-894M bls, 1.9-3.9 TCF .... Kuwait urging Gulf reforms with oil price plunge .... NPR gutted enviro, climate reporting team. (Huh.) .... Islamic extremist population growing in Germany .... Python first-ever virgin birth. (Good Halloween story, A?) .... Tripoli streets under ISIS fire ....Biggest solar sunspot in 24 years .... Ruble at all-time low. (Really?) .... Putin warning world order may collapse. (What order? And WHO is disrupting it, Vlad?) .... Onward and upwards, pards.

No comments:

Post a Comment