Michele Kearney's Nuclear Wire

Major Energy and Environmental News and Commentary affecting the Nuclear Industry.

Tuesday, December 16, 2014

PennEnergy's Daily Petroleum Update 12/16

Today's Headlines

Apache sells stake in 2 LNG projects for $2.75B

Apache is selling its ownership in Australian subsidiary Apache Julimar Pty. Ltd. to to Woodside Petroleum for $2.75 billion …more>>
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Libya: Fighting closes largest oil export terminal

Libya's Tripoli-based government says the country's largest oil shipping terminal has been shut down due to clashes between rival militias …more>>
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Eni exploration well exceeds expectations offshore Congo

Eni exploration well offshore Congo delivered in excess of 5,000 barrels per day oil and 14 million standard cubic feet of gas per day during test …more>>
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Why oil is down by half, what it means for you

So what's going on? A global imbalance of supply and demand that is rippling across the world economy, for better and worse …more>>
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GCA: Will US shale lose out to deepwater in oil's 2015 pain game?

New analysis from Gaffney, Cline and Associates (GCA) indicates short-term investment models for shale make it more vulnerable to project cuts …more>>
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Mexico opens bidding for outsider oil exploration

Prior to this year's reforms, the state company Petroleos Mexicanos was the only one allowed to do oil exploration and production …more>>
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Husky, CNOOC bring second Liwan gas field onstream

Husky Energy and CNOOC Limited have started production at the Liuhua 34-2 gas field in the South China Sea …more>>
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Bulwark FR: Boosting the Industry's iQ (Video)

At Bulwark, we put our “iQ Thinking” caps onevery day; and reimagine every aspect of our business, and FR industry as a whole. Because at the end of the day, real lives are on the line …more>>
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US oil and gas rig count down 27 to 1,893

California, Kansas, Ohio and West Virginia each gained two rigs and New Mexico gained one. …more>>
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Nordic Prince officially on-hire in Israel for Noble Energy

Nordic Maritime was awarded a five year charter for the DP2 IMR Subsea vessel …more>>
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PennEnergy's Daily Power Update 12/16

Energy News & Insights

Water leak shuts down Unit 1 at Susquehanna nuclear plant

Unit 1 at Susquehanna nuclear power plant shuts down to repair small water leak inside containment structure …more>>
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Iberdrola tapped for 674 MW combined cycle power plant

Iberdrola Engineering has been selected to build combined cycle gas turbine power plant in Salem, Massachusetts …more>>
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IBM: Organizations struggling to defend against cyber attacks

IBM study reveals nearly 60 percent of security leaders believe attackers have outstripped their organization's cyber security capabilities …more>>
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ETEC adds 50 MW of biomass energy capacity (Video)

East Texas Electric Cooperative (ETEC) adds just shy of 50 MW of generating capacity with new wood biomass-fueled Woodville Renewable Power Project …more>>
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Duke to repair cracked pipe at coal ash site

The pipe that needs repair is part of the drainage system that runs beneath the dam at the coal-fired Marshall Steam Station power plant near Charlotte, North Carolina …more>>
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JinkoSolar supplies 80 MW of solar modules to CGN

JinkoSolar supplies China General Nuclear Power Group with 80 MW of solar modules for a solar PV project in Henan Province …more>>
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Commercial operations commence at Le Plateau 2 wind power farm

Commercial operations have commenced at the 21.15 MW Le Plateau 2 wind power farm in Quebec …more>>
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Kentucky continues deliberation on smart grid implementation

Kentucky's Public Service Commission may invest in smart grid technology in the near future …more>>
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A $48 Billion Opportunity for US Electric Customers

A $48 Billion Opportunity for US Electric Customers

by John Farrell | December 15, 2014 | 2 Comments
Electricity customers in the U.S. got good news last week. A new report from Accenture highlighted a potential revenue loss for U.S. utilities of $48 billion per year by 2025 due to distributed solar and energy efficiency. But whe... Full Articlehttp://www.renewableenergyworld.com/rea/blog/post/2014/12/a-48-billion-opportunity-for-u-s-electric-customers?cmpid=SolarNL-Tuesday-December16-2014

Energy News Roundup: Energy Junk Bonds Plunge, Opec Sees Post-2020 US Oil Decline and SunPower Backs Tendril

Energy News Roundup: Energy Junk Bonds Plunge, Opec Sees Post-2020 US Oil Decline and SunPower Backs Tendril

By Jared Anderson
A trader shows with a pen, a graph illus
Falling oil prices are bringing down prices of high-risk bonds many companies used to finance their capital intensive unconventional drilling programs. “Most of that decline has occurred in the last 30 days. It’s already making it harder for oil companies to reach out to the financial markets to fund more of their drilling operations, as

FERC Approves Constitution Pipeline Project

FERC Approves Constitution Pipeline Project

By Enerknol Research
OPAL Pipeline To Connect To Baltic Sea
The FERC has conditionally approved the proposed Constitution Pipeline Project and related interconnection facilities to enhance natural gas supply options to New York and New England. On December 2, 2014, the Federal Energy Regulatory Commission (FERC) conditionally granted Constitution Pipeline Company LLC’s application for authorization to construct and operate an approximately 124-mile, 30-inch pipeline from

Energy News Roundup: Peacebuilding with Israeli Gas, Green Bond Growth and LNG Project Economics Sour Amid Oil Price Drop

Energy News Roundup: Peacebuilding with Israeli Gas, Green Bond Growth and LNG Project Economics Sour Amid Oil Price Drop

By Jared Anderson
Tamar, The Natural Gas Production Platform Off The Israeli Coast, Is To Begin It's Natural Gas Production
Developing the abundant natural gas resources discovered offshore Israel is a complicated endeavor that involves considerable geopolitical diplomacy in addition to the traditional commercial details that must be worked out when building multi-billion dollar energy projects. “Natural gas is both a geopolitical tool and a target in Israel, where a newfound bonanza of resources has