Monday, January 30, 2017

ARGENTINA DECLARED '17 "RENEWABLE ENERGY YEAR"


El Salvador awarded solar project at 5 cents/Kwh.

Dubai 200Mw CSP tender.

2 Hawaii utilities offering $10K rebates on '17 Nissan Leaf.

Ireland passed fossil fuel divestment legislation.

Chile's 3rd power auction at 4.2Gw/yr.

Iran may cancel $7B natgas pipeline project to Pakistan.

India's largest solar project stalled.

Mongolian demonstrations demanding action on smog.

PG&E fined $3M for deadly natgas pipeline explosion.

UK court gave Shell a victory in case over Nigeria oil pollution.

Fitch downgraded Nigeria.

High level of OPEC compliance with production cuts so far: tanker tracker.

Oil underground 2x what world will need through '50: BP.

Tripoli says Libya oil production could hit 1.2Mb/d by yearend from 700K now. Needing $100B to restore infra to pre-war 1.6M.

New China campaign to replace home coal burning with electric.

Russia oil shipments to China up 24% in '16 to avg 1.05Mb/d.

About a dozen oil tankers held offshore Venezuela awaiting money for cleaning/repair after unloading. 11 more in "financial retention". Venezuela oil exports down to 1.6Mb/d in 4Q16 from 1.8M in 3Q16. (Very hurting country/people.)

Biofuel credits plummeting with EPA regs freeze.

Kurd infighting over oil revs.

Lukoil to start developing 2 Iran oil fields this year.

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