Processing 2000 P

08/21/2000 -- Enron to build Japanese power plant?
Enron Corp. is denying reports that it is considering building a coal-fired power plant in Fukuoka Prefecture on the western main island of Kyushu, Japan. Enron International spokesman John Ambler said the company is not specifically looking at a coal-fired plant, although the Houston company is examining various options in Japan, including possibly building new generation.
08/21/2000 -- Sinopec stalls Dow Chemical ethylene project
China Petrochemical Corp. (Sinopec) has suspended a joint venture project with Dow Chemical Co. of the US to build an ethylene cracker for Sinopec subsidiary Tianjin Petrochemical Corp. Sinopec said the two companies couldn't agree on terms. A second ethylene cracker project also looks likely to be suspended, for a similar reason.
08/18/2000 -- NNPC: Refined fuel importation to continue after refinery maintenance is complete
Importation of refined fuel products into Nigeria will continue even after the four Nigerian refineries have undergone maintenance turnaround and are operating at maximum capacity, said managing director of Nigerian National Petroleum Corp. Jackson Gaius-Obaseki in early July.
08/18/2000 -- Processing news briefs, Aug. 18
Nigerian National Petroleum Corp�.Comerint Nigeria�ExxonMobil Research & Engineering�Oil Refineries�Ibn Baitar�Toyo Engineering Group�Saudi Basic Industries Corp�.Saudi Fertilizers�GE Plastics�Foster Wheeler Iberia�Total Nigeria
08/17/2000 -- National Petrochemical PLC to acquire Bangkok Polyethylene
Flush from a second-quarter 429% jump in profits, National Petrochemical PLC of Thailand signed a memorandum of understanding Thursday to acquire Bangkok Polyethylene PLC, Thailand's largest producer of high-density polyethylene (HDPE). NPC agreed to buy the company's shares for cash. The price will be determined by a formal due diligence to be undertaken shortly.
08/17/2000 -- Expert forecasts need for 146,000 Mw in capacity
If recent forecasts for huge upticks in internet and computer usage are correct, the electricity grid in the US could be headed for a disaster. One analyst is estimating the US needs to add about 146,000 Mw of new capacity to restore capacity margins to 15%.
08/17/2000 -- Petro Star to develop biological sulfur removal process
The US Energy Department said Wednesday it will give Petro Star Inc., Anchorage, Alas., a contract to develop and test a biological approach to removing sulfur from diesel.
08/16/2000 -- Imperial Oil, Mobil Oil Canada may combine some operations
Imperial Oil Ltd., Toronto, and Mobil Oil Canada Ltd., Calgary, may combine some upstream operations to achieve economies of scale and reduce costs. The two companies are both units of ExxonMobil Corp.
08/16/2000 -- Catalytic cracking unit back on line at damaged Kuwaiti plant
The 31,000 b/d fluid catalytic cracking (FCC) unit at the Al Ahmadi oil refinery in Kuwait run by the Kuwait National Petroleum Co. (KNPC) is back on line, the country's official news agency has reported.
08/15/2000 -- Processing news briefs, Aug. 15
Hindustan Petroleum Corp. ... Enterprise Products Partners � Baton Rouge Propylene Concentrator � ExxonMobil Chemical � Nigeria LNG � Baker Energy � Overseas Technical Service � Nigerian National Petroleum Corp. � Shell Gas � Cleag � Agip International
08/15/2000 -- Pacific Northern Gas responds to Methanex proposal
Pacific Northern Gas Ltd. (PNG), Vancouver, BC, on Friday offered to reduce the transportation toll charged to Vancouver-based Methanex Corp. on natural gas feed to Methanex's its Kitimat methanol plant on the coast of British Columbia.
08/15/2000 -- Peru's new privatization board appears progressive
Peru President Alberto Fujimori has appointed a new board of directors to Copri, the government�s privatization commission, and the appointments appear likely to advance privatization efforts in the country's energy industry. Presiding over the board will be Federico Salas, head of the cabinet of ministers.
08/14/2000 -- UPR settles gas processing monopoly charge
Union Pacific Resources Co. (UPR), Fort Worth, Tex., has been ordered to pay Tulsa-based American Central Gas Cos. (ACGC) $8.3 million in connection with ACGC's claims that UPR and Duke Energy Field Services, a subsidiary of Duke Energy Corp., Charlotte, NC, have monopolized natural gas processing in Panola County, Tex.
08/14/2000 -- Hub Oil charged in connection with 1999 refinery explosion
Hub Oil Co. Ltd., Calgary, has been charged in connection with an explosion at its Calgary used oil recycling plant a year ago that killed two workers. The company could face fines up to $150,000 (Can.) for the charges, which allege it failed to maintain equipment.
08/11/2000 -- ISO New England to hand Justice Department documents
In response to a US Department of Justice civil investigation, the New England Independent System Operator reported it will hand over documents about its installed capability market that are considered confidential under New England Power Pool rules.
08/11/2000 -- Indonesian police: No sabotage behind refinery explosion
Police in Indonesia have determined that the crippling refinery explosion at Balikpapan earlier this week was not the result of sabotage (OGJ Online, Aug. 8, 2000). Pertamina official F.F. Welan said the explosion occurred because one of the refinery's pipes had developed a leak.
08/10/2000 -- Electric Power news briefs, August 10
CMS Energy Corp. ... Southern Minnesota Municipal Power Agency ... Northern Alternative Energy Inc. .... Tosco Refining LP ... Enron North America ... El Paso Energy Corp. ... Safeway Inc. ... Pacific Gas & Electric Co. ... Trinity Industries Inc. ... New York State Department of Public Service ... Capstone Turbine Corp.
08/09/2000 -- Market watch, Aug. 9
International energy futures prices surged in early trading today, likely heading above $30/bbl again, following a 2.14 million bbl drop in US crude stocks last week despite production increases by Saudi Arabia.
08/08/2000 -- BP awards environmental contract for Indiana refinery
BP signed a letter of intent with Marsulex Inc., Toronto, under which Marsulex would provide long-term environmental compliance services to BP's refinery in Whiting, Ind. Marsulex will design and build a new facility at the refinery to reduce site emissions and remove spent acid from the refinery's 34,200 b/d sulfuric acid alkylation unit. The acid will be regenerated at Marsulex's regeneration plant in Toledo, Ohio.
08/08/2000 -- Explosion at Indonesia refinery worsens fuel shortage
An explosion at Indonesia's 240,000 b/d Balikpapan refinery has halted production at the refinery, further tightening fuel supplies in the country. The blast occurred early Monday morning, and the subsequent fire was extinguished after about an hour, reports OPEC News Agency. Repairs and an investigation are under way.

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