Monday, March 30, 2015

$1B CREDIT LINE FOR INDIA CLEAN POWER .... Pakistan guarantees for $600M wind power development .... Paris briefly had world's dirtiest air last week. Rationed driving .... More rain with fewer storms in tropics .... UK cut red tape for commercial rooftop solar. Installs up to 1Mw don't require full planning permission. Was up to 50Kw. (But new April 1 FIT regime.) .... Japan whaling ships returned from Antarctic with no catch. 1st time in near 30 yrs .... Bill to open up Georgia residential rooftop solar mart on gov's desk .... Clean Power Plan could tank Wyoming coal industry: report .... China shale project shelved .... More fossil fuel comps filing bankruptcy .... SPI Solar (SOPW) to buy 12.3Mw of projects in Italy, Cal .... US crude inventories up 8.2M bls last week, more than expected .... Wellhead prices for US natgas under $1.50. Limited transmission, local demand saturation. Rig count down ~1/2 of oil rig decline since oil price drop start .... Yemen was producing 130Kb/d before troubles .... Syria rebs captured city between Damascus, Aleppo .... Kurds got 2nd payment ($408M) from Baghdad. Talk of 3-way Iraq partition on rise. (Seems most logical answer.) .... Italy deployed naval forces along Libya coast. UN resolutions for ceasefire, partial lift of arms embargo so 2 sides fighting each other for Libya can fight ISIS .... Statoil started NG pipe project across Norwegian Sea in Arctic .... Kuwait won't make goal of 25% more oil production by '20. Political opposition to foreign oil comps .... New Brunswick Canada lawmakers voted for 1-yr fracking ban to study .... US oil rig count down 12 last week to 813. NG rigs down 9 to 233. US offshore operating rigs down 3 to 34, down 16 yoy .... Schlumberger agreed to $232M US penalty for conspiring to violate sanctions for Iran, Sudan '04-'10. Also agreed to halt activity in those countries 3 yrs .... Over $10B worth of new drillships idled at sea. Cost up to $200K/d/ship to maintain .... Shell moving 2 drillships to Alaska for Arctic push .... Coal share of US power mix 36.8% in Jan, down from 40.7% in Dec. Down from 46.5% Jan '14. NG 28% this Jan .... Eni, Exxon started production at new Gulf of Mex deepwater NG field .... Petro China no longer wants stake in Canada oil sands .... Bluefield bought 50Mw solar farm in England for $84M. (Bargain basement sales before April 1 FIT change.) .... Canadian Solar (CSIQ) sold C$68M solar plant to DIF .... M+W Group to build 111M Pound waste-to-power project in Scotland .... Brazil close to launching floating solar farm .... Amarenco borrowing up to 150M Euros for Irish solar portfolio .... Ecoppia (Israel) robot tech cleans solar panels without water .... Race on to save N west US grizzle bears .... Obama admin making "down payments" to hard-hit coal mine towns .... SC cities trying to block offshore oil drilling leases .... Revised EPA haze proposal allows AZ coal plant's emissions to rise .... Brown signed Cal drought relief bill. Over $1B.

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