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Transportation 2000 P10

  • 09/15/2000 -- Electric Power news briefs, September 15
    Hostmark Hospitality Group ... Electric City Corp. ... Innogy Holdings PLC ... El Paso Energy Corp. ... Coastal Corp. ... Commonwealth Edison Co. ... Green Mountain Energy Co. ... Southern Energy Inc. ... Public Service Co. of New Mexico ... FPL Energy Services ... BP ... Vastar Resources Inc.
  • 09/15/2000 -- Dynegy chairman: US short of peak capacity
    The US is 'dangerously short' of peak load electric capacity and it will be 6-7 years before equilibrium takes place, Chuck Watson, chairman of integrated energy marketer Dynegy Inc., said in Houston Thursday. He estimated the US will be about 45,000 Mw short of peaking capacity next year.
  • 09/14/2000 -- India signs joint development agreement for Enmore project
    CMS Energy Corp. and the Aditya Birla Group of India said they have concluded a joint development agreement with the government-owned Power Trading Corp. of India on the $1.6 billion Ennore LNG and power project in Tamilnadu, India. The agreement was signed Thursday in Washington, DC, during a state visit by Indian Prime Minister Atal Bihari Vajpayee.
  • 09/14/2000 -- Electric Power news briefs, Sept. 14
    UGI Corp. ... Allegheny Energy Inc. ... Panda Energy International Inc. ... Constellation Power Source ... FirstEnergy Corp. ... Westcoast Energy Inc. ... Central Maine Power Co. ... billserv.com Inc. ... City Public Service of San Antonio ... Soliance ... Essential.com ... Altra Energy Technologies Inc.
  • 09/13/2000 -- Liquidity, integration, key to e-business, Reliant exec says
    Reliant Energy Inc. has invested $20 million over the last 10 months building its e-businesses, Reliant Energy Inc. Vice-Pres. Brian Landrum said in Houston Wednesday. He emphasized liquidity and integration with core businesses are key to success in e-business ventures.
  • 09/13/2000 -- California ISO calls Stage 2 emergency
    The California Independent System Operator called on voluntary interruptible load customers to reduce electrical usage by 1,000 Mw Wednesday, citing higher than expected demand and fires burning near transmission lines in southern California that have limited ability to move power.
  • 09/13/2000 -- Transportation news briefs, Sept. 13
    Coastal � Federal Energy Regulatory Commission � Southwest Research Institute � ST Services � GATX Terminals ... CMS Panhandle Eastern ... Missouri Gas Energy
  • 09/13/2000 -- Oregon deregulation plans due Nov. 1
    Oregon electric companies must file deregulation plans by Nov. 1 plans with the Oregon Public Utility Commission, identifying what plants will remain under regulated rates to serve residential and small business consumers. Under Oregon law industrial and large nonresidential commercial customers will have direct access to power markets beginning Oct. 1, 2001. Residential and small commercial consumers will get a regulated rate.
  • 09/12/2000 -- Electric Power news briefs, September 12
    Southern Energy Inc ... Vastar Resources Inc. ... Echelon Corp. ... Enel SPA ... Enel SPA ... Amdax.com ... USPowerSolutions ... Monongahela Power Co. ... Allegheny Energy Inc. ... NiSource Inc. ... Columbia Energy Group ... Andersen Consulting ... Alstom ESCA Corp.
  • 09/12/2000 -- Sonatrach, Cepsa to study third Algeria-Europe gas line
    Algeria's national oil and gas company Sonatrach and the Spanish oil firm Cepsa signed an agreement last week to set up a joint venture to conduct a feasibility study on a third gas pipeline linking Algeria with Europe. The proposed 450-km line would link the port of Beni Saf, in northwest Algeria, with Almeira in southern Spain.
  • 09/12/2000 -- Mustang saddles up for BP's Clair field
    Megamajor BP quickened the pace of the UK North Sea's recovery late last week with the award of the high-status front end engineering design (FEED) contract for its $750 million Clair development on the Atlantic Margin to Wood Group PLC's US subsidiary, Mustang Engineering Inc. The deal, targeted to cement a development plan that could be put before field partners next summer and move Clair toward first oil by 2004, is worth some $5 million to Mustang.
  • 09/11/2000 -- EXECUTIVE Q&A: Outlook for gas producers
    OGJ Online Energy Policies Editor Patrick Crow interviewed R. Skip Horvath, Natural Gas Supply Association president, in Washington, DC, last month. Horvath outlined the challenges facing his association and the gas industry.
  • 09/08/2000 -- Oil prices fall as OPEC meeting approaches
    Oil prices began to decline in New York and London trading today as the start of the Organization of Petroleum Exporting Countries ministerial meeting in Vienna approached. By late afternoon, light sweet crude for October delivery was trading at $33.63/bbl on the New York Mercantile Exchange, down $1.76 on the day. In London, the October contract for Brent was fetching $32.45/bbl on the International Petroleum Exchange at 6:15 p.m. GMT, a drop of $2.10 from the previous day's close.
  • 09/08/2000 -- US Senate pipeline bill hikes safety penalties
    The US Senate Thursday approved a bill to revamp and reauthorize the nation�s pipeline safety laws. The legislation would quadruple the maximum daily civil penalty for pipeline safety violations to $100,000/day. And it would give states a greater role in inspecting and monitoring interstate pipelines.
  • 09/08/2000 -- US Senate passes pipeline safety reauthorization
    The US Senate Thursday approved a bill to revamp and reauthorize the nation�s pipeline safety laws. The legislation renews the Natural Gas Pipeline Safety Act and the Hazardous Liquid Pipeline Safety Act through fiscal 2003. Both expire Sept. 30 unless Congress extends them.
  • 09/07/2000 -- Transportation news briefs, Sept. 7
    Alliance Pipeline � Polar Tankers � Litton/Avondale Industries � Mobil Canada � Maritimes & Northeast Pipeline
  • 09/07/2000 -- November key to natural gas prices, analyst says
    With natural gas futures contracts trading for more than $5/Mcf, analysts say November will be the month to watch, now summer demand is passing its peak. If it appears the weather will be warmer than normal, prices could pull back from the $5 level, says Michael Schmitz, an analyst with SalomonSmithBarney, but prices could also spike higher if the weather turns cold. As prices rise, the Natural Gas Council called for a joint meeting between the US and Canada to discuss the supply situation.
  • 09/05/2000 -- Niagara Mohawk up 12% on National Grid buyout plan
    As expected, National Grid Group PLC Tuesday increased its stake in the US electric utility business by agreeing to buy Niagara Mohawk Holdings Inc. in a cash and stock deal valued at $3 billion. National Grid will also assume Niagara�s $5.9 billion debt. In mid-day trading Niagara's stock was up 12% on volume of 3.8 million.
  • 09/05/2000 -- Three groups enter Ecuador pipeline bidding contest
    Ecuador's Army Corps of Engineers (CIE) was a surprise last-minute entry in what was supposed to be a bidding contest for private companies to build a second major oil export pipeline in that country.
  • 09/04/2000 -- Transportation news briefs, Sept. 4
    Iran � Turkey � Duke Energy Gas Transmission � NiSource � Williams � Gateway Offshore Pipeline � Houston Exploration � Buccaneer Gas Pipeline � US Federal Energy Regulatory Commission

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