General Interest 2000 P

11/08/2000 -- EPA unveils underground storage tank compliance program initiatives
The Environmental Protection Agency may approach Congress to obtain more authority to regulate storage tank system components not under EPA jurisdiction, such as leak detection or other aboveground equipment, said a spokesman for the agency Tuesday. 'We haven't determined whether we need to amend regulations or go to Congress for additional authority,' said Timothy Fields Jr., assistant administrator for EPA's Office of Solid Waste and Emergency Response.
11/08/2000 -- Spain's Endesa makes French acquisition
Spain's largest electricity company Endesa SA has established a foothold in France's electricity market through the acquisition of 30% of the country's third largest power company, Soci� Nationale d'Electricit�t de Thermique (SNET), an affiliate of the national coal utility Charbonnages de France (CdF) SA.
11/08/2000 -- Market watch, Nov. 8
Production uncertainties in Nigeria and Iraq helped boost international oil futures Tuesday, while cold weather forecasts pushed up home heating oil in the US market. Iraq is again signaling that it may halt its crude exports if the United Nations doesn't approve its request to switch the payment currency to euros rather than dollars.
11/07/2000 -- TXU agrees to cut pollution at power plants
The Texas Natural Resource Conservation Commission must propose by Nov. 15 trading rules for nitrogen oxide (NOx) emissions among owners and operators of electric power generating plants within the Dallas-Fort Worth area and East Texas, under a settlement agreement with TXU Electric & Gas. Under the agreement, the Dallas utility agreed to cut NOx emissions from its Dallas-Fort Worth area plants by an average of 88% and in East Texas by an average of 50%.
11/07/2000 -- Former MMS official takes presidency of NOIA
Thomas A. Fry III, the current director of the US Department of Interior's Bureau of Lands Management (BLM), will become the next president of the Washington, DC-based association National Ocean Industries Association (NOIA), said Tidewater Inc. Executive Vice-President and NOIA Chairman Richard M. Currence. NOIA is a national trade association representing the US offshore petroleum and related industries.
11/07/2000 -- Market watch, Nov. 7
Trading was mixed on international futures markets Monday, with oil prices rising after sabotage of pipelines in Nigeria forced the Royal Dutch/Shell group to declare a 'force majeure' because of its inability to meet export requirements for Bonny crude. Shell, the largest operator in Nigeria, said that country's oil exports could be cut by 250,000 b/d because local people had damaged the pipelines.
11/07/2000 -- Electric Power news briefs, November 7
National City Corp. ... FirstEnergy Services Corp. ... PG&E Corp. ... Southaven Power LLC ... DTE Energy Co. ... Exelon Nuclear ... ScottishPower PLC ... Brownsville Public Utility Board ... Cayenta ... Competitive Power Ventures Inc. ... New York Mercantile Exchange ... Avista-STEAG LLC ... NRG Energy Inc.
11/06/2000 -- Analysts: Utility M&A activity to pick up next year
Merger and acquisition activity among utilities will pick up even faster next year as utilities capture the benefits from their increased stock currency, lower costs and gains in size. The once regulated utility industry is moving more quickly into mergers and acquisitions than in decades, says a recent analysis by PricewaterhouseCoopers. 'Look for a continuation and expansion of the trends started last year,' says Doug Meier, partner in transaction services for PricewaterhouseCoopers, Chicago.
11/06/2000 -- Exploration/Development news briefs, Nov. 6
EDC Argentina � AMG Oil � Magellan Petroleum Australia � PanCanadian Petroleum � Quicksilver Resources � Conoco � Royal Dutch/Shell Group
11/06/2000 -- Market watch, Nov. 6
Energy futures prices generally closed higher in trading on the New York Mercantile Exchange Friday. Analysts said the rise in crude and gasoline futures was based on technical factors. The market had oversold during the previous session on perceptions about the expected decrease in tensions in the Middle East.
11/03/2000 -- Drilling/Production news briefs, Nov. 3
Transocean Sedco Forex � Santos � Unocal Thailand � Smedvig Asia � Det Norske Veritas � Statoil � Noble Drilling � Friede Goldman Halter � Miller Petroleum
11/03/2000 -- Ohio retail choice getting off to slow start
Electricity competition appears to be getting off to a slow start in the Buckeye State. The Public Utilities Commission of Ohio has certified nine companies to sell retail electricity in Ohio when the market opens up for competition in 2 months. But only two providers, AES Power Direct and FirstEnergy Services Corp., a unit of incumbent FirstEnergy Corp., will actually offer electricity come January.
11/03/2000 -- California to study feasibility of strategic gasoline reserve
California has enacted bills to study the feasibility of creating a state-owned strategic gasoline reserve and the possibility of shipping more gasoline to the state from the Gulf Coast via pipeline. The state legislature passed the bills and Gov. Gray Davis signed them last month.
11/03/2000 -- NERC says reliability legislation still needed
The North American Electric Reliability Council (NERC) said it supports US Energy Secretary Bill Richardson's efforts to explore how the reliability of the bulk power transmission system can be improved under existing law. But NERC Pres. Michael Gent also urged the Clinton Administration to press for congressional action on Senate-passed reliability legislation in the US House during the current extended session.
11/03/2000 -- Market watch, Nov. 3
World energy futures prices continued to waffle Thursday, with most markets declining as political tensions seemed to ease in the Middle East. Some analysts said traders were using the possibility of Mideast peace talks as an excuse for liquidating long positions before the Organization of Petroleum Exporting Countries' latest production increase hits the markets.
11/03/2000 -- ARIZONA'S ALTERNATIVE-FUEL BOONDOGGLE
You can't do much worse than botch up a bad strategy. Welcome to energy governance in Arizona.
11/03/2000 -- Supermajors shift SE Asia focus
The wave of corporate consolidation that led to the creation of the big four Western supermajors and is, in the process, changing most every rule in the oil and gas game, now promises to start a paradigm shift in Southeast Asia's upstream business, judging by a report on the region from Edinburgh-based industry analysts Wood Mackenzie.
11/02/2000 -- Michigan PSC orders transmission report
Michigan regulators ordered state electric utilities to assess near term electrical generation capacity and the effect potential transmission constraints could have on the competitive market. For the fourth consecutive year, the Michigan Public Service Commission is requiring Consumers Energy Co., Detroit Edison Co., and Indiana Michigan Power Co. (I&M), and their affiliates, to submit the results to the agency.
11/02/2000 -- Shell says sunken tanker not an environmental disaster
Shell France SA says the styrene cargo of the sunken tanker Ievoli Sun won't have a long-term impact on the marine environment. The tanker, owned by the Italian firm Marnavi, sank Tuesday morning in severe weather about 12 nautical miles northwest of Alderney in the Channel Islands off France.
11/02/2000 -- Electric Power news briefs, November 2
Southwest Gas Corp. ... Tampa Electric Co. ... Derivion Corp ... Nicor Gas Inc. ... Consolidated Edison Co. of New York Inc. ... Washington Group International Inc. ... Unitil Corp. ... NiSource Inc. ... Columbia Energy Group Inc. ... Quanta Services ... Enel SPA ... CHI Energy ... Sierra Pacific Power Co. ... Calpine Corp. ... Aquila Energy ... WGL Holdings ... Dais-Analytic Corp. ... LG-Caltex Oil ... Northern Border Partners ... ScottishPower... Evergreen Solar Inc. ... Enbridge

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General Interest 2000 P