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Transportation 2000 P14

  • 08/02/2000 -- Work on new Caspian pipeline to begin in 2000
    Participants in a newly proposed Caspian Sea gas pipeline project plan to begin construction before the end of the year, said Georgian International Gas Corp. Pres. Aleksei Gotsiridze in Tbilisi July 27. The pipeline is a rival to the much ballyhooed, and terminally delayed, Trans-Caspian Gas Pipeline.
  • 08/02/2000 -- Halliburton clinches major SNS services deal
    Conoco UK, the British exploration and production arm of Conoco Inc., and Halliburton Co. yesterday cemented a major services and support contract that ranks as one of the largest deals of its kind ever awarded in the UK oil and gas industry. The $225 million deal covers the provision of a wide range of services�including planning and support, engineering and construction, maintenance, materials management, and personnel�to Conoco�s southern North Sea natural gas businesses.
  • 08/01/2000 -- California ISO cuts price cap to $250
    The California Independent System Operator Tuesday cut its price cap to $250/Mw-hr from $500/Mw-hr for wholesale power buyers amid warnings California was treading dangerously close to more involuntary rolling black outs. In a related action, San Diego Gas & Electric said it will ask the Federal Energy Regulatory Commission to review the design and structure of the California ISO which SDG&E says is fundamentally flawed.
  • 08/01/2000 -- MMS rule clarifies offshore pipeline jurisdiction
    The US Minerals Management Service has issued a rule to clarify the regulatory jurisdiction of oil and gas pipelines on the Outer Continental Shelf. MMS said the regulation resolves some regulatory issues stemming from a 1996 agreement between the interior and transportation departments regarding regulation of OCS pipelines.
  • 07/31/2000 -- California calls Stage 2 power alert
    The California Independent System Operator called a Stage 2 electricity emergency from 2-8 p.m. Monday and will order state utilities to cut usage by 1,500 Mw through interruptible customer load reductions. It said operating reserves throughout the western US are slim due to widespread heat that has blanketed the area for the third day in a row.
  • 07/31/2000 -- UtiliCorp, United Energy win bid for Perth firm
    UtiliCorp United Corp., Kansas City, Mo., reported its $189 million joint bid with United Energy Ltd. for 45% of AlintaGas, a gas distribution utility in western Australia, has been accepted by the state's government. The transaction is expected to close by the end of October.
  • 07/31/2000 -- Future of Baku-Novorossiisk export pipeline in doubt
    State Oil Co. of Azerbaijan Republic (SOCAR) has resumed crude exports to the Russian Black Sea port of Novorossiisk, although the volume is just a trickle. But the future of the Baku-Novorossiisk export route remains in question, as Azerbaijan International Operating Co. has made clear its preference for either of two alternate routes.
  • 07/28/2000 -- Processing news briefs, July 28
    China National Offshore Oil Corp. � Statoil
  • 07/28/2000 -- TransCanada nearing 40% of divestiture goal
    In a move to reduce debt and restructure the company, Canada's TransCanada Pipelines Ltd. Friday said it is about 40% along toward its goal of selling some $3 billion (Can.) worth of noncore assets, mostly gas pipelines and processing facilities, by yearend.
  • 07/27/2000 -- Transportation news briefs, July 27
    Azerbaijan � Turkey � Turkmenistan � Norway � Poland � Poland Oil & Gas � Statoil � Ruhrgas � VNG-Verbundnetz Gas � Gazprom
  • 07/26/2000 -- IOC-led consortium bags Andhra Pradesh LNG project
    A consortium led by Indian Oil Corp. (IOC) that includes Petronas of Malaysia has been tapped by the Andhra Pradesh state government to establish a hydrocarbon terminal�inclusive of a facility for liquefied natural gas�at Kakinada on India�s eastern coast.
  • 07/26/2000 -- CGX Energy withdraws from Guyana project
    CGX Energy Inc., Toronto, is withdrawing from an exploration project in Guyana because of a boundary dispute between Guyana and Suriname. The company said it was preparing to drill an oil prospect, Eagle, June 3 when personnel on Surinamese military vessels ordered the rig to leave because they said it was in Suriname waters.
  • 07/26/2000 -- Race to deliver Qatari gas to Pakistan heats up
    Pakistan's Ministry of Petroleum and Natural Resources signed a memorandum of understanding with Crescent Petroleum Co. International Ltd. of Sharjah, UAE, for building a gas pipeline from Qatar to Pakistan. Under terms of the agreement, Crescent would finance, construct, and operate the proposed gas pipeline, which would deliver about 1.6 bcf/day of Qatari gas to Pakistan. The pipeline route reportedly would be mainly offshore in Iranian waters.
  • 07/25/2000 -- General interest news briefs, July 25
    Russia ... Indian Oil Corp. ... Sonatrach ... Reganosa ... Tesoro Petroleum ... Wal-Mart
  • 07/24/2000 -- Russia's UES proposes Sakhalin power project
    Anatoly Chubais, chief executive of Russian utility Unified Energy System (UES), disclosed plans for a $9.6 billion project to supply electricity to Japan from Sakhalin Island, Russian news agencies are reporting.
  • 07/21/2000 -- MMS and Wyoming offer royalty crude
    The US Minerals Management Service (MMS) and Wyoming Thursday offered to sell about 6,600 b/d of royalty crude from federal and state leases. This offering is the fifth sale in the federal-state royalty in-kind (RIK) test program.
  • 07/21/2000 -- Shell still keen on Trans-Caspian gas line
    A high-ranking executive with Royal Dutch/Shell Group said late last month that Shell would not abandon plans to build the Trans-Caspian Gas Pipeline (TCGP). Shell remains eager to carry out the project, even though its partner, PSG International, has recently shut down some of its offices, said Zaharuddin Megat following a meeting June 30 with Turkmenistan's President Saparmurad Niyazov.
  • 07/20/2000 -- Arizona imports power from sizzling California
    Stifling in 110� F heat, Arizona is importing power from power-starved California. California, stewing in its own heat wave, is in turn trying to import power from as far away as British Columbia. Arizona normally exports electricity to California.
  • 07/20/2000 -- Electric Power news briefs, July 20
    DPL Energy ... PacifiCorp .. Westinghouse Process Control Inc. ... Northeast Ohio Natural Gas ... FirstEnergy Corp. .. Calpine Corp. ... Tennessee Valley Authority .. Columbia Electric Corp. ... PG&E Corp. ... Endesa SA ... Cia Energetica do Ceara ... TC PipeLines GP Inc. ... TransCanada PipeLines Ltd. ... Chartwell Inc.
  • 07/19/2000 -- Transportation news briefs, July 19
    Texas Eastern Products Pipeline ... ARCO Pipe Line ... Sofregaz ... SN Technigaz ... Initec ... Bahia Gas ... Formosa Plastics Group
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