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Processing 2000 P7

  • 06/23/2000 -- ENVIRONMENTAL COSTS CLEAR IN GASOLINE PRICE SPIKE
    Price gripes by Carol Browner, administrator of the US Environmental Protection Agency, deserve rebuke by the oil and gas industry.
  • 06/23/2000 -- Energy stocks hold upside potential, says analyst
    The bullish US economy is beginning to slow, but at the Banc of America Securities (BAS) energy conference Wednesday in Houston, an official touted the upside potential for energy company stocks.
  • 06/25/2000 -- Singapore to expand Jurong Island
    Singapore's largest industrial landlord and developer, Jurong Town Corp. (JTC), has begun its latest phase in developing Jurong Island�the city-state's petroleum and chemical megacomplex�with the award of two big reclamation contracts worth a combined $3.02 billion (US).
  • 06/26/2000 -- Kuwait refinery explosion kills four
    An explosion caused by a gas leak at Kuwait's 444,000 b/d Mina al Ahmadi oil refinery on Sunday killed four people and injured 49 others, according to the Kuwaiti News Agency. The refinery will be closed for 7-10 days for an investigation and damage assessment, says Sami Al Rushaid, deputy chairman of Kuwait National Petroleum Co.
  • 06/26/2000 -- Japanese trading house to sell stake in LPG unit
    Japanese trading house Nissho Iwai Corp. has confirmed a report in the financial daily Nihon Keizai Shimbun that it will sell a majority stake in its wholly owned LPG subsidiary to Osaka Gas Co. Ltd. by September. The company did not disclose the value of the deal or the size of the stake to be sold, saying no details have been fixed, but according to Nihon Keizai Shimbun, the deal is worth about �10 billion.
  • 06/26/2000 -- Calpine to buy Skygen; signs Panda deal
    Under deals reported Monday, independent power producer Calpine Corp. is fashioning itself into a major player in the deregulated US power markets. The San Jose-based firm said it is buying competing independent power producer SkyGen Energy LLC, Northbrook, Ill., for $450 million plus certain obligations, and it reported an agreement under which it will play a major role in eight power plants totaling 10,000 Mw under development by Panda Energy International, Dallas.
  • 06/27/2000 -- Processing news briefs, June 27
    Petroleos de Venezuela � Petroecuador � Nan Ya Plastics � Formosa Plastics Group � Sunoco � Epsilon Products � BAR-L � Washington Penn Plastic Co.
  • 06/28/2000 -- Update: Kuwaiti refinery repair may take 6 months
    Kuwaiti Oil Minister Sheikh Saud Nasser al-Sabah reiterated Tuesday that Sunday's blast at the Mina al-Ahmadi refinery would have no effect on the country's crude oil exports, or on supplies of products to local markets. However, Islamabad braced itself to find new supplies to replace those that were expected to arrive in July.
  • 06/28/2000 -- Processing news briefs, June 28
    Eastman Chemical ... Air Liquide America ... Rentech � GTL Resources � Worley Engineers � Overseas Private Investment Corp. � InterOil � Clough Niugini
  • 06/29/2000 -- US FERC approves ISO New England transmission proposal
    The US Federal Energy Regulatory Commission Wednesday conditionally approved the New England Independent System Operator (ISO) proposal for transmission congestion management. The proposed congestion management system will become more market-responsive, the commission said.
  • 06/29/2000 -- Electric Power news briefs, June 29
    Centrica PLC ... British Gas ... Bechtel ... Reliant Energy ...Texas A&M University ... AGL Resources Inc. ... Calpine Corp. ... Constellation Power Source ... Sargent & Lundy LLC ... TransCanada PipeLines Ltd. ... National Grid USA ... Quezon power project ... Manila Electric Co.
  • 06/30/2000 -- EIA cites concern about heating oil, natural gas stocks
    A US Energy Information Administration official told Congress Thursday that the agency is concerned about the possibility of home heating oil shortages next winter.
  • 06/30/2000 -- BP Amoco may acquire more China interests
    After recently taking a 2.2% stake in PetroChina, the holding company of China National Petroleum Co. (CNPC), at a cost of just under $600 million, BP Amoco PLC now says it is looking to acquire a stake in China National Petrochemical Corp. (Sinopec) when the Chinese oil company launches its initial public offering (IPO) this summer.
  • 06/30/2000 -- Gore urges open FTC hearings on gas prices
    US Vice Pres. Al Gore Thursday urged the Federal Trade Commission to hold public hearings during its investigation of high gasoline prices in the Chicago-Milwaukee area. Gore also announced the third part of his national energy policy proposal, a mass transit initiative to encourage investments in light rail systems, buses, and high-speed trains.
  • 06/30/2000 -- US pipeline accidents dropped 5% in 12 months
    US Transportation Sec. Rodney Slater said Friday that pipeline accidents have dropped 5% since June 30, 1999. Slater credited some of the reduction to the year-old �Dig Safely� program by the Office of Pipeline Safety.
  • 07/03/2000 -- China implements new gasoline specifications
    China has started to implement new specifications for gasoline because of a government call for a cleaner environment. Three major cities, Beijing, Shanghai, and Guangzhou, were scheduled to begin using reformulated gasoline July 1.
  • 07/03/2000 -- Sonatrach signs BHP, partners to develop Algerian gas fields
    Sonatrach, Algeria's national oil company, has signed a risk service contract with Broken Hill Pty. Co. Ltd. (BHP) under which BHP will develop four natural gas and condensate reservoirs in Algeria's Ohanet region, officials said Monday. The deal requires BHP and its partners to invest about $1 billion in the development program.
  • 07/05/2000 -- Tokyo Electric plans new nuclear power plant
    Tokyo Electric Power Co Inc. (TEPCO) said it will build a next-generation nuclear power plant at a cost of $2.85 billion (�300 billion).The new plant will be modeled on its current advanced boiling water reactor (ABWR) which cost roughly the same amount to build but will be cheaper to operate.
  • 07/05/2000 -- Petronas to supply gas to steel mill project
    Malaysian state oil company Petronas has signed a heads of agreement with Nusantara Steel Group Sdn. Bhd. to supply up to 200 MMcfd of natural gas for 20 years to an integrated steel mill project at Kampung Limau-Limauan in Kudat, Sabah. Included in the project is a gas-fired power plant.
  • 07/05/2000 -- Petronas to supply gas to steel, power project
    Malaysian state oil company Petronas has signed a heads of agreement with Nusantara Steel Group Sdn. Bhd. to supply up to 200 MMcfd of natural gas for 20 years to an integrated steel mill project at Kampung Limau-Limauan in Kudat, Sabah. Included in the project is a gas-fired power plant.
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