General Interest 2000 P

11/20/2000 -- Issues & Analysis: Deregulation of the electricity industry stalling
Deregulation of the electricity industry is stalling across the country in the aftermath of problems in the California market. Some state legislators are moving to delay decontrol and some are trying to repeal deregulation legislation. OGJ Online Senior Power Writer Ann de Rouffignac interviewed legislators and public utility commission staff in several states that are having second thoughts about electricity decontrol.
11/20/2000 -- Market watch, Nov. 20
Winter weather continued pushing up oil futures prices, despite talk among OPEC members over the weekend of possible production cuts early next year because of a saturated world market. The December contract for benchmark US light, sweet crude gained 33� to $35.45/bbl on the New York Mercantile Exchange.
11/17/2000 -- Commerce to appeal oil dumping case
The US Commerce Department has appealed a court order that it reconsider a case alleging four nations dumped crude on the US market in 1998-99. The petition had been filed by Save Domestic Oil, representing independent producers.
11/17/2000 -- TECO to build syngas merchant power plant
Seeking to diversify fuel serving its merchant power plants, TECO Power Services Corp. is planning to build a syngas-fired combined cycle power plant at CITGO Petroleum Corp.�s Lake Charles, La., refinery. TECO is in preliminary discussions with CITGO to construct a 840 Mw power plant that will produce power for the grid, steam and hydrogen for the refinery, and use petroleum coke as the syngas fuel feedstock. TECO says the plant will be the first US merchant power plant to use syngas.
11/17/2000 -- Study says greenhouse measures wouldn't harm US economy
Energy-efficient strategies could help bring the US into compliance with the Kyoto Protocol without harming the domestic economy, according to a 2-year study by the Department of Energy. The protocol proposed that the US reduce its greenhouse emissions 7% below 1990 levels by 2010. The US Senate has not confirmed that treaty.
11/17/2000 -- Market watch, Nov. 17
Energy futures prices closed generally lower in trading on the New York Mercantile Exchange Thursday. Short-term traders sold during the session to lock in profits after the market's rise during the last couple of sessions. Many analysts, however, believed the sentiment behind the scenes remained bullish.
11/17/2000 -- LOOK WHO'S LOOKING AHEAD IN THE OIL MARKET
In a welcome display of foresight, the Organization of Petroleum Exporting Countries refused this month to approve another increase in production of crude oil. And some of its members drew a misguided rebuke from the US secretary of energy for suggesting that production cuts might be in order next year.
11/17/2000 -- The new Congress
Although it will be closely divided, the next US Congress won't be paralyzed to the degree that some observers think.
11/16/2000 -- Dominion resolves alleged air violations with EPA
Dominion Virginia Power, a unit of Dominion, will pay a $5.3 million civil penalty and the utility will begin making system-wide major reductions in its NOx emissions by 2004. The program to reduce emissions from the entire utility will cost $1.2 billion and be spread over 12 years. The air emissions reduction program agreed by Dominion and EPA removes the uncertainty about compliance with the provisions of the Clean Air Act.
11/16/2000 -- Finance/Companies news briefs, Nov. 16
Esso � Heerema Tonsberg � Honeywell � Playa � Marathon Oil � Nexen � Plains Resources � KeySpan � Eastern Enterprises � EnergyNorth � Empire Energy � Commonwealth Energy � Westcoast Energy � AEC Oil & Gas � Gulf Canada Resources � Crestar Energy � Petro-Canada � Landmark Graphics � Brashear Group � GEOCAN Energy � Heerema Holding Construction � INTEC Engineering � Omega Natchiq � Texaco Lubricants � Distributeur D'Accessoires Distac � El Paso Europe
11/16/2000 -- BP to cut emissions by building new cogeneration facilities
BP is negotiating with Cinergy and Power Solutions Co. to build gas-fired power and steam cogeneration facilities at its Texas City and Chocolate Bayou, Tex., refining and chemical plants. The facilities are part of a plan to reduce nitrogen oxide emissions from those plants. BP Global Power, the power development arm of BP Gas and Power, will be among the investors in the project.
11/16/2000 -- Market watch, Nov. 16
Energy futures prices continued to rise in trading on the New York Mercantile Exchange Wednesday. Home heating oil and natural gas led the market on concerns about the coming cold winter and low domestic supplies of home heating oil and natural gas.
11/15/2000 -- Allegheny Energy to spend $1 billion on 3 peakers
Allegheny Energy Inc. will buy three natural gas peaking plants from Enron North America for about $1 billion. The simple cycle peaking units total 1,710 Mw and began operation in June 2000. They are located in Gleason, Tenn., Wheatland, Ind., and Manhattan, Ill. The locations provide Allegheny with gas-fired generating capacity within the East Central Area Reliability Region (ECAR), Mid-American Interconnected Network (MAIN), and the Southeastern Electric Reliability Council (SERC).
11/15/2000 -- Davis: OPEC must speed decisions to steady crude price
OPEC must modernize its decision making structure to overcome a pattern of delayed reactions to market changes and bring greater stability to crude prices in the longer term, a Shell International official said Tuesday.
11/15/2000 -- Richardson says OPEC should not cut output
US Energy Sec. Bill Richardson criticized the Organization of Petroleum Exporting Countries Wednesday for signaling that it was considering production cuts in order to prevent a oil price collapse in the spring.
11/15/2000 -- Market Watch, Nov. 15
Forecasts of colder weather and historically low heating oil stocks kept energy futures prices on an upward climb on the New York Mercantile Exchange Tuesday.
11/14/2000 -- Some power plant operators take reliability over heat rate
Driving the heat rate down and improving efficiency has been the Holy Grail of the power industry for years, and still is for the most part, but reliability is fast becoming of equal importance, according to operators speaking at Power-Gen International in Orlando. New market rules in the UK will require an emphasis on reliability, according to Derek Cheetham of Innogy Holdings PLC.
11/14/2000 -- Electric Power news briefs, November 14
TECO Energy Inc. �Panda Energy�San Diego Gas & Electric Co. �Utility.com � American Electric Power Co.
11/14/2000 -- TXU unit files with Texas PUC to sell electricity retail
Companies are beginning to file at the Public Utility Commission of Texas to sell electricity retail months after the commission began accepting applications. TXU Energy Services Co., an unregulated retail electric unit of TXU, filed last week for certification. And Enron Energy Services, Enron Power Marketing Inc., and the New Power Co. filed two weeks ago. Up until that time, the only company that had filed to participate in the upcoming retail market was a large cement company.
11/14/2000 -- Oil company buys greenhouse gas emissions credits
Murphy Oil USA Inc. agreed to buy up to 210,000 tonnes of carbon dioxide emissions credits from TransAlta, a Canadian utility. The transaction is voluntary and not required by any laws yet. Murphy is apparently the first oil company to buy greenhouse gas credits.

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