Sunday, February 7, 2016

NOTES

Arctic sea ice record low in January.

Climate change may be fueling zika virus outbreak: scientists.

Exxon, Shell only 2 of 5 top oil/gas producers to make profit in '15.

US admin's $10/bl tax on oil comps would raise over $30B/yr for clean energy/transportation dedications.

Energy bill voted down in US Senate over Flint water crisis money. Retry.

China oil production record 4.3Mb/d in '15. Breakeven for CNOOC ~$41/bl.

alQaeda fighters retook Yemen town they lost in '12.

Battle for Aleppo in Syria.

Statoil, Total, Exxon to drill deepest well ever dug in world off Uruguay. Still need govt OK. ~$200M to drill.

Tullow, partners to launch Ghana offshore production this year. 80Kb/d production capacity.

Russia considering privatizing oil producers but sanctions prevent West investment.

Bank accounts seized in Singapore over money laundering tied to Malaysia state investment fund.

Peru to lower oil/gas royalty payments. Colombia on same track.

Alberta Canada to offer up to $357M royalty creds over 10 yrs.

Sentences in Algeria over state energy comp corruption. Also sentencing in Brazil over Petrobras corruption.

Italy comp suing Gazprom for $820M over scrapping South Stream pipeline project.

Russia production 10.88Mb/d in January.

140 oil/gas fields in UK N Sea expected to be shut down over next 5 yrs.

China oil imports from Sauds down to 15% of total in '15 from 20% in '12. Imports from Russia up 28% from '14 in '15.

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