Friday, December 12, 2014

40% OF US SHALE OIL PRODUCTION LOSES MONEY BELOW $60 OIL, ALMOST 90% UNDER $50 .... OPEC Nov production down 200Kb/d from Oct to 30.05Mb/d. Their '15 demand forecast 28.9M from 29.4M this year .... 5 more deluges may quench Calif drought .... US refineries producing at record 16.5Mb/d .... US oil production up to 9.1Mb/d last week .... Record number of oil tankers cruising to China .... Climate change won't dry up S. Cal: study .... Solar to produce less than 1% of US power in '15. (So, a lot of market left.) .... China opened key section of massive water project .... Exposure to some phthalates linked to "significant" IQ drop in children .... Warming waters "reshuffling" species along US west coast .... 1st "green" bond database aims to boost transparency .... LNG comp plans to build $4B liquification complex in Louisiana .... U Conn researchers demo'd hemp as viable biodiesel feedstock .... Chicago mayor sent E15 legislation back for more work .... Sumitomo contract for Indonesia 40Mw geothermal project. World Bank loans. Online Mar '17 .... Russia deals to build 10 more nuke reactors in India, sell India 10M tons oil over next 10 years. Also MOU on LNG deal, possible helicopter plant .... Russia to build 2 new nuke reactors in Hungary. 1.2Gw each. '18 construction start, online '25, '26. Est. $15.5B. Russia financing most .... Access Power contract to build Uganda's 1st solar farm. 10Mw, $17M. Online by '16. Over 16 cents/Kwh for 20 yrs. End users pay 11 cents .... Eaton providing equipment, services for 5Mw solar microgrid project for island off Equatorial Guinea. Batt storage .... Com Ed's energy efficiency program to reach $1B customer savings .... LDK Solar 30.6Mw China project .... Jinko Solar 80Mw China project. Greenhouse roofs. Online by yearend .... EDF bought 51% stake in SINOD Energy .... China announced plan for 10.53Gw offshore wind by '16 .... Carbon limits supported by 1/2 of all Republicans: poll .... DOE proposed new dishwasher standards .... Trade fights fueling solar industry growth in Malaysia.

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