Sunday, February 21, 2016

NOTES

GE to shutter wind turbine tower factory in Brazil. (Market's peaked?)

Major oil projects to come online offshore Ghana, Gulf of Mex, Alberta oil sands, Kazakhstan. 3Mb/d more this year. But 3M natural depletion. 1.5Mb/d projected to come online in '17.

About 1/3 of oil/gas comps at risk of bankruptcy this year: Deloitte. Over $150B debt.

Oklahoma drillers ordered to reduce wastewater injection 40% to decrease quakes. Sierra Club suing Devon, Chesapeake over quakes.

EIA raised estimated Oklahoma oil production by 100Kb/d (25-30%).

Japan LNG demand down 14% on year.

Bolivia started up LNG plant to supply domestic demand, export to Brazil, Peru, Paraguay.

DOE OK'd Conoco LNG exports from Alaska. 40BCF over 2 yrs.

EU lifting sanctions on Belarus. Arms embargo stays.

Bosnia-Herzegovina applied to join EU. Not a sure shot.

Uganda "election". President now in 30 yrs.

Fiji got direct hit from F5 cyclone strengthened by El Nino. Strongest ever to hit Fiji.

Kochs spending millions to kill EV market.

44-ft rise in Folsom Lake in California.

B1 bombers pulled from ISIS fight.

Syria army seizing Aleppo villages, aiming for Raqqa.

Syria reb group says its ready for temporary truce.

China debt seen rising through '19, peaking at 283% of GDP.

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