Monday, February 23, 2015

GLOBAL PUBLIC DEBT OVER $55T .... California drought eased slightly by winter storms .... India air pollution shortening half their population's lives est. 3.2 yrs .... Water taps starting to run dry in Sao Paulo .... Ocean acidification threatens econs of 15 US coastal states: report .... New oil/gas discoveries dropped to 20-yr low in '14 .... US oil rig count down 37 more to 1,019 .... Ukraine plans to build $1B strategic natgas reserve to reduce reliance on Russia .... US refineries strike now at 15 refineries, ~20% of US capacity .... Libya pipeline recently blown up reopened Sunday. Reports Libya still exporting ~250Kb/d .... China can export 20% more oil products this year over last with new refineries .... US Jan gasoline demand 800Kb/d higher yoy. Oil demand 1.2Mb/d higher .... 1st-ever global database of climate laws, policies .... Gazprom Neft made 1st-ever winter oil shipment from Arctic. To Europe .... Pakistan close to over $22B deal to import LNG .... Uganda $4B oil refinery deal with Russian comp. (Russian CEO subject to US sanctions.) .... Caracas mayor arrested. Accused of helping US plot to overthrow govt. (Is US doing that? Should US do that?) .... Canada tax breaks for LNG export projects. Also creating compensation fund for oil train derailments with new levy on crude shippers .... Rigs in Gulf of Mex to increase 30% this year .... EOG 40% spending cut this year. To drill 1/2 the wells it did in '14 (in US). Joins Apache to pump same in '15 as '14 .... 2nd Marathon 20% budget cut .... Chevron's dry holes 30% in '14, up from 18% in '13 .... Pearl R. Delta in China overtook Tokyo as world's largest urban area in size, population .... Exxon '14 reserves replacement 104% .... CPS Energy turned on 5.5Mw solar farm in San Antonio. Locally-built components. Dual-axis tracking. 100Mw project in construction in Uvalde online later this year .... Enel started building 8Mw wind project in Italy. Over 11M Euros .... Indian comp MOU to build 700Mw wind in Gujarat .... Gamesa supplying another 150Mw of wind turbines for 3 Brazil projects .... BlackRock buying 50% stakes in 3 EDF wind projects in TX. Almost 300Mw. Completion later this year .... ABGB Yield 94% increase in EBITDA in '14. $308M .... Senvion contract for 111Mw German offshore wind farm .... Alevo to deliver US' largest energy storage system in NC. 200Mw for CES with 2Mw batts. Lithium-ion-phosphate, graphite, inorganic electrolyte .... DOE $10M for advanced biofuels projects.

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