RECORD DELUGE IN S CAL, AZ .... Marshall Islands pledging to cut carbon emissions 1/3 by '20 .... Egypt PM announced 1st national council on climate change, sustainable development .... $300B to bring Iran oil industry back to where it was 5 yrs ago. Could bring up to 1Mb/d back online in 1 yr. Sanctions come off in Dec at earliest. 40M bls oil in storage .... Conoco further slashing capex, cutting Gulf of Mex deepwater projects .... Discovery, development of new oil projects worldwide now costs 3x more than decade ago, near $105/bl in '14 .... 6th US oil producer filed Chapter 11. Largest yet .... EIA predicting 91Kb/d drop in US oil production from main shale regions in Aug .... DOI approved expansion of NM coal mine that feeds 4 Corners coal power plant .... IEA chief calling for accelerated development of carbon capture/storage tech .... Cal judge declined to halt oil wastewater injections .... Ohio new rules on horizontal oil/gas wells .... Canadian Solar (CSIQ) grid connected 3 new plants in Japan .... Solar Frontier to expand globally as Japan market softens. Hopes to build factory in US.