Wednesday, February 18, 2015

CITIBANK $100B FUNDING GOAL FOR GREEN PROJECTS .... Shell beginning to decommission, dismantle Brent installations. 3 of 4 platforms have ceased production. Will take decade, cost billions. Est. 15B Pounds next 10 yrs to decommish over 900 wells in Brit waters (~20% of total). Annual cost may exceed new investment by early '20's .... Some state utility regulators in US still not sure global warming climate change is 1, real and/or 2, human caused .... "Near frontier" energy projects worth $800M moving ahead: NY green bank chief .... Infectious disease epidemics to increase from global warming climate change: study .... US Navy robots in Arctic to monitor melting .... China planning mega-mergers to compete with energy giants .... Standard and Poors lowered Venezuela credit rating. Ven's GDP could drop up to 7% this year .... Explosion at Cal Exxon refinery. Equipment failures at 3 US refineries since strike began .... Deutsche expects solar costs to drop 20-30% more by '20 .... '15 may see global coral bleaching: NOAA .... NRC to do enviro review of Yucca because DOE won't .... 30% of Indonesia wood products come from illegally cleared forests: report .... New Zealand's global warming climate change policy a failure: former leader .... Court rejected Ohio city's attempt to block fracking .... Solar install surge in Idaho .... Geothermal power saving Kenya $24M/mo: KenGen .... China backing 1.5Gw hydropower project in Afghanistan on Pakistan border .... Shell, Chevron, BP, Conoco together replaced only 2/3 of oil/gas they extracted in '14 with new reserves. Those 4 plus Exxon had 3.25% avg production drop in '14. (Normal.) .... Current offshore drilling rig count 861. 87 to be added in '15 .... Somalia may start producing oil/gas by '20. Country stabilizing. Potential for "huge" deposits .... Canada oil production up 8% in '14 to 3.8Mb/d. Tar sands held steady at 1.7M avg .... Trans Canada asking US to OK 200-mile, $600M, 300Kb/d pipeline from Bakken to hook into planned pipe from tar sands to E Canada .... US oil rig count down 84 last week to 1,056. NG rig count down 14 to 300. Est. exploration, production spending down over $116B from '14 .... Analysis: S Central Oklahoma shale area profitable @ $41/bl .... National Oil Comp of Kenya wants $2B intl funding to develop their oil/gas production .... RGSE partnering up with Centrosolar America. 1-2Mw/mo installs in east US starting in 2Q .... Innovative Solar Systems to allow investors to become limited partners in large-scale US solar projects .... Carnegie Wave Energy connected its first project to Perth grid .... 23Mw solar project started in Japan. 2 comps. Online early '17. Also building 11Mw solar in Kumamoto .... GE got 60Mw Turk wind project .... Hanergy Thin Film to buy 1.7Gw of PV solar panels .... Kaiser Permanente to buy 110Mw solar from NRG Cal installation, 43Mw more from replacement turbines at Altamont wind farm. Also 70Mw of onsite solar with NRG .... Duke: NC coal ash spill could cost up to $100M .... Russians sold WV coal comp back to former owner .... More Cal cities looking at desalination. (Finally.) .... "Electro" fishing threatening Myanmar river dolphins.

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