‘Terrorism’ Hysteria over Sony Hack


‘Terrorism’ Hysteria over Sony Hack

Some U.S. moviegoers say they are standing up to North Korean “cyber-terrorism” by going to see Sony’s “The Interview,” a comedy that makes light of assassinating real-life leader Kim Jong-un. But the furor over a retaliatory hack of Sony has the look of just the latest U.S. hysteria, as ex-CIA analyst Paul R. Pillar explains.By Paul R. Pillar

https://consortiumnews.com/2014/12/26/terrorism-hysteria-over-sony-hack/

What Convinces Anti-Nuclear Activists to Take a Second Look?

What Convinces Anti-Nuclear Activists to Take a Second Look?
For the next several weeks, the Forum on Energy will be featuring content from the recent 7th annual U.S.-Japan Roundtable conference.

http://forumonenergy.com/2014/12/15/what-convinces-anti-nuclear-activists-to-take-a-second-look/

Units 3 & 4 of Qinshan No.2 plant obtained Operation License

Units 3 & 4 of Qinshan No.2 plant obtained Operation License

Chief Executive Officer at Dynatom International GmbH
National Nuclear Safety Administration issued notice on issuing operation license for units 3 & 4 of Qinshan No.2 nuclear power plant. Thus far, the licensing work for units 3 &4 has been completely finished.

Units 3& 4 reached full power operation on November, 2010 and December, 2011 separately.

Source:http://www.hdzx2010.ibicn.com/news/d1193368.html

Fukushima Update 12/25/14

Fukushima Update 12/25/14

Four more Fukushima children may have thyroid cancer… Japan’s nuclear watchdog considers evacuation planning for F. Daiichi… The restart of two Sendai Station units is further delayed… Japco plans to send a team of 100 decommissioning experts to F. Daiichi… The Industry Ministry recommends financial revisions for decommissioning older nukes… Tokyo will modify the “feed in tariff” for electricity generated by renewables.

http://www.hiroshimasyndrome.com/fukushima-accident-updates.html

Guzzling in the Gulf The Monarchies Face a Threat From Within

Guzzling in the Gulf Guzzling in the Gulf
The Monarchies Face a Threat From Within
By Jim Krane
The Gulf monarchies have developed a growing taste for their chief export, one that could undermine both of their long-held roles: as global suppliers and as stable polities in an otherwise fractious Middle East.http://www.foreignaffairs.com/articles/142692/jim-krane/guzzling-in-the-gulf?cid=nlc-foreign_affairs_this_week-122514-guzzling_in_the_gulf_5-122514&sp_mid=47702821&sp_rid=bWljaGVsZXRrZWFybmV5QGdtYWlsLmNvbQS2

PennEnergy's Daily Petroleum Update 12/23

Today's Headlines

Comstock quits Tuscaloosa play on falling oil prices

Company officials said they also will shut down four rigs drilling for oil in the Eagle Ford shale formation in Texas, but will continue natural gas operations there. …more>>

Hopes, fears, doubts surround Cuba's oil and gas future

A Cuban oil boom is unlikely anytime soon because of low oil prices and far better drilling opportunities elsewhere. …more>>

Senegal offshore exploration drilling program completed for Cairn

Cairn and its Joint Venture partners have completed operations on the SNE-1 well in Senegal and plans are now underway to appraise the discovery next year. …more>>

Natural gas futures drop in December

Natural gas futures fell on the New York Mercantile Exchange by 6 cents to stop at $3.642 per million British thermal units. …more>>

Hawaii Gas wants to increase liquefied natural gas shipments into state

In an effort to reduce Hawaii's dependence on oil and lower energy costs, Hawaii Gas wants to increase its shipments of natural gas into the state. …more>>

US oil and gas rig count down 18 to 1,875

Of the major oil- and gas-producing states, Arkansas gained three rigs, Kansas and New Mexico each rose by two and Alaska and Pennsylvania were up one apiece. …more>>

State approves controversial oil and gas drilling permit in St. Tammany

The department posted a notice on its website saying it had approved the permit for a vertical well about 2 ½ miles deep. …more>>

Bright future ahead for UK offshore, says government adviser

Former Wood Group chairman Sir Ian Wood believes that the fortunes of the UK North Sea industry will improve by 2016. …more>>

PennEnergy's Daily Power Update 12/23


Energy News & Insights

Nuclear power plant predicts $1.24B decommissioning cost

The Vermont Yankee nuclear plant has made formal its prediction that decommissioning the reactor will cost $1.24 billion. …more>>

12 workers freed from collapsed tunnel in Vietnam

The workers were trapped when a section of the tunnel collapsed as they were placing concrete on its ceiling. …more>>

EPA expected to treat coal ash waste like garbage

Industry experts widely expect the first federal standards for the waste generated from coal burned for electricity to treat the ash like household garbage, rather than a hazardous material. …more>>

Unit 1 at Susquehanna Nuclear Power Plant reconnected to the power grid

Operators reconnected Unit 1 to the regional electric grid after repairing a small water leak inside the containment structure. …more>>

Duke Energy buys North Carolina solar power plant

Duke Energy Renewables announced Dec. 19 it purchased a 20-megawatt solar project located in Roanoke Rapids, North Carolina, to add to its current 60 mw of solar capacity in the state. …more>>

Power sector employment declines, except for renewable electricity generators

The electric power generation sector lost more than 5,800 jobs from January 2011 through June 2014. …more>>

Natural gas fired power replacing coal in US

A new analysis conducted by the Breakthrough Institute found between 2007 and 2013, natural gas-generated energy replaced a large percentage of coal-fired plants. …more>>

Austin Energy focuses on solar power

The Austin City Council approved the business's new energy plan and the company reinstated its residential solar energy credit for consumers. …more>>

Oil & Gas Financial Weekly 12/22

OGFJ Weekly provides quick access to current and archived content made most popular by our readers over the past seven days. OGFJ Weekly content is compiled from the archives of OGFJ.com, Oil & Gas Financial Journal, and OGFJ newsletters. See what content caught readers' eyes recently--perhaps there's something you missed! 
Oil price downturn hits upstream M&A markets
Upstream deal markets slowed significantly during the period from October 17 to November 16 both in the US and internationally as oil prices fell to a four-year low in the mid-$70s.Here, PLS takes a look at select deals from the period.
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Innovation from smaller service firms
Innovators are found in many companies, but they often pursue ideas in smaller firms where they have more freedom to experiment. In this special report, OGFJ takes a look at a few innovations from the oilfield services industry.
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Wrapping Up: Developments at DOE affecting LNG exports in 2014
In 2014, the DOE issued several notable regulatory opinions affecting the export of domestic natural gas, including the publication of new environmental studies and economic reports that will impact LNG project developers and would-be exporters in 2015. The year 2014 also brought the sharpening of environmental issues facing LNG export projects seeking approval from the FERC, which will continue to be reviewed and refined next year.
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Eastern gas basis: pipeline pain or gain?
The Marcellus shale gas revolution has ramped up production so quickly that pipelines have been unable to keep up. The lack of takeaway capacity in the Marcellus has caused basis points there to be oversupplied and basis points less than 300 miles away to be supply constrained during cold winter months.
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Energy insurance trends
The cost of oil and gas insurance claims continues to rise. To date in 2014, the energy sector experienced the largest loss of the year based on a fire at a Siberian refinery complex in June, reported to be approximately US800M.
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Industry Briefs
Want a quick round-up of recent news in the oil and gas space? Many last week did---and this is where they found it.
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Venture Global to develop LNG export facility in Louisiana
Venture Global LNG is developing a liquefied natural gas export facility, the Calcasieu Pass Project, in southwestern Louisiana. The export facility in Cameron Parish, Louisiana will be 203 acres along the Calcasieu Ship Channel where it meets the Gulf of Mexico.
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Analysts forecast 400-500 drop for US rig count
Domestic rig activity is forecast to drop sharply in the coming months unless “something unexpectedly positive happens with oil prices,” noted Cowen & Co. analysts in a recent industry update.
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Drones in oil and gas
UAS manufacturers are focusing on commercial applications of unmanned aircraft in the petroleum industry.
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