Friday, December 26, 2014

FIGHTING IN LIBYA SPREAD TO 3RD OIL EXPORT TERMINAL. 2 others remain closed. No oil exports now .... Texas Rail Commission: Nov oil/gas permits down ~50% from Oct .... Bakken shale rig count down 7 last week to 180 .... Ukraine again wants to join Ukraine. Russia protesting .... Ukraine, rebels' prisoners trade .... Enel Green Power to build E15M, 5Mw biomass plant to boost 13Mw geothermal plant in Italy .... Statkraft (Norway) plans to invest over $8B in clean/renewable power in coming years. Norway boosting Statkraft equity 5B Kroner. Also govt agency cutting its Statkraft dividend take by another 5B Kroner '16-'18 .... Continental (major Bakken player) projected '15 capex at $2.7B, down from original $5.2B projection .... France going to B8 from B7. Over B7 may void some car warranties. EU approves B7 .... Harvard researchers modify genes in bacteria to produce chems on demand. Up to 30x yield increases. Process up to 1Kx faster than metabolic engineering .... Zimbabwe cutting back to E5 from E15. Sugarcane shortage from heavy rains .... Enel Green Power completed 99Mw Chile wind farm for ~$190M .... China General Nuke Power to buy 80% stakes in 3 UK wind plants from EDF for over $157M. Over 70Mw total .... $470M of Russia loan spent on Belarus nuke plant construction in '14 .... ADB to finance $120M loans, grants for 118Mw run-of-river hydropower plant in Bhutan. Power to be sold to India. Also $58M from India bank consortium. Another $19M from DGPC. Online in '19 .... Pakistan high court OK'd construction start on 2 nuke plants .... JFE, partners to build $123M waste-to-power plant in Japan .... Orix adding rentals of residential rooftop solar with batt storage.

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