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Transportation 2000 P2

  • 12/18/2000 -- Tennessee Gas completes New York lateral
    A new 2.7-mile lateral connection from Tennessee Gas Pipeline�s 200 Line near Cedar Hill, N.Y., to Niagara Mohawk Power Corp.�s gas distribution system near Albany has the capacity to supply the proposed Bethlehem Energy Center power plant being developed nearby, officials said Monday.
  • 12/18/2000 -- California governor, utilities condemn FERC order
    Federal regulatory efforts Friday to reorder the California electricity markets don't go far enough, state officials and utility executives complained. Gov. Gray is calling a special session of the state legislature. The Federal Energy Regulatory Commission acted Friday after the California grid operator scrambled for nearly 2 weeks to keep power flowing. In general, FERC ordered reforms that will force state utilities out of the high-priced spot market into less-volatile long-term contracts.
  • 12/15/2000 -- Gas prices cool off briefly, but it's just the calm before the storm
    The cooling-off in natural gas prices is only a temporary respite--the calm before the storm (and that storm could include government intervention in the market).
  • 12/14/2000 -- Technip to provide gas plant facilities
    Saudi Arabian Oil Co. has awarded Technip SA two major contracts to provide utilities, offsites, and pipeline systems for a grassroots gas plant at Haradh, 280 km southwest of Dhahran. The plant will increase deliveries into the Saudi gas transmission system by 1.6 bcfd, said Technip.
  • 12/14/2000 -- California faces potential for blackouts again
    Rolling blackouts could be in the offing Thursday, officials with the California Independent System Operator said at an 11 a.m. PST briefing, unless the grid operator can import additional power from the Northwest. The ISO narrowly averted blackouts Wednesday. The ISO is about 1,000 Mw short of supplies needed to keep the system running, officials said.
  • 12/14/2000 -- Companies increase capex for 2001
    Gulf Canada Resources Ltd. in Calgary and Mitchell Energy & Development Corp. outside of Houston are among the latest oil and gas companies to announce new budgets for 2001. Phillips Petroleum Co. in Bartlesville, Okla., hiked its budget this week, while Unocal Corp. in El Segundo, Calif., expects a small increase in its spending.
  • 12/14/2000 -- JRM completes pipelay for Gulf of Mexico Brutus project
    J. Ray McDermott, a unit of McDermott International Inc., has completed installation of oil and gas pipelines for Shell Exploration & Production Co.'s Brutus project in deepwater Gulf of Mexico. JRM also said it has nearly completed the topsides for Brutus's tension leg platform. Brutus is on Green Canyon 158 and 202 in 3,000 ft of water 165 miles southwest of New Orleans.
  • 12/13/2000 -- Japex to build Japan's first LNG plant
    Japan Petroleum Exploration Co. Ltd. (Japex) has awarded Nippon Steel Corp. a contract to build the country's first LNG plant. Japex has agreed to provide domestically processed liquefied natural gas to Asahikawa Gas Co., a local distributor in Hokkaido, Japan. AGC currently uses LPG.
  • 12/12/2000 -- Officials: Power plants contribute to high US gas prices
    Natural gas spot prices, which have recently risen past $9/MMBtu on the New York Mercantile Exchange, are unlikely to fall significantly in the short term, according to natural gas industry representatives and a US Department of Energy official speaking Tuesday at a US Senate Energy Committee hearing.
  • 12/12/2000 -- Gas officials: US prices unlikely to fall in short term
    Natural gas spot prices, which have recently risen past $9/Mcf on the New York Mercantile Exchange, are unlikely to fall significantly in the short term, according to natural gas industry representatives and a US Department of Energy official speaking Tuesday at a US Senate Energy Committee hearing.
  • 12/12/2000 -- Åsgard back on stream after gas leak
    Statoil's Åsgard B platform in the Norwegian Sea was brought back onstream Dec. 9 after improvements to the processing facilities, the Norwegian oil and gas giant reported today. A planned turnaround on the giant platform had been brought forward by one day, said Statoil, after gas leaks were discovered on Nov. 28.
  • 12/12/2000 -- Al-Sabah: OPEC to consider 1 million b/d output cut
    Kuwaiti Minister of Oil Saud Nasser Al-Sabah Monday raised the specter of a 1 million b/d cut in OPEC's total production to counter the slumping oil price, according to the organization's news agency, OPECNA. He said OPEC would study the current oil price decline in the run-up to the organization's Jan. 17 meeting in Vienna to determine if such a massive cut to output will be needed to avoid a price collapse in the spring.
  • 12/11/2000 -- UK operators increase funding for drill cuttings study
    Members of the UK Offshore Operators Association are putting up another �4.5 million to finance the second phase of a joint industry initiative to deal with accumulations of drill cuttings on the seabed. The volumes of cuttings at production sites are estimated at 700,000 cu m in the central North Sea and 500,000 cu m in the northern North Sea.
  • 12/11/2000 -- Pacific Northwest remains under power alert warning
    The Pacific Northwest remains under an electricity warning Monday. But the severe weather that could have threatened reliability in the region was not as bad as anticipated, says Dick Adams, executive director of the Pacific Northwest Utilities Conference Committee. But the Northwest Emergency Response Team issued a warning anyway since electricity imports from California have been reduced.
  • 12/11/2000 -- US consortium to provide terminal services to PDVSA
    A US consortium headed by Enbridge Inc. has agreed to provide operations and maintenance services for a major oil export terminal in northeastern Venezuela. The agreement ends months of dispute regarding a $385 million contract signed in 1998 under which Enbridge and its partner Williams were scheduled to purchase the facility at Jose, Anzoategui state.
  • 12/08/2000 -- FERC to call for comment on Sempra gas petition
    Federal Energy Regulatory Commission officials Friday were reviewing Sempra Energy's emergency request to reinstate price caps on short-term releases of interstate gas pipeline capacity for service to the California border until March 31, 2001. In a Thursday filing, Sempra Energy said high-priced capacity charges have helped drive natural gas prices at the California border to $50/Mcf, more than 10-fold during the past year.
  • 12/08/2000 -- Statoil awards LNG plant contract to Linde
    Statoil has awarded Linde AG of Germany a 65 million kroner preliminary engineering contract for a gas liquefaction plant. The plant will produce liquefied natural gas from productionf rom Snøhvit development in the Barents Sea off northern Norway as well as from nearby Askeladden and Albatross fields. The Norwegian company will build the Sn&oshlashhvit gas liquefaction plant at Melkøya in northern Norway.
  • 12/08/2000 -- FERC to seek comment on Sempra gas petition
    Federal Energy Regulatory Commission officials Friday were reviewing Sempra Energy's emergency request to reinstate price caps on short-term releases of interstate gas pipeline capacity for service to the California border until Mar. 31. In a Thursday filing, Sempra Energy said high-priced capacity charges have helped drive gas prices at the California border to $50/Mcf, more than 10-fold during the past year.
  • 12/08/2000 -- Pakistani industry protests fertilizer taxes
    If Pakistan continues to tax local fertilizer industry heavily, Pakistan's National Fertilizers Corp. will be left with no option except to close down its industrial units, said NFC spokesman Khalilur Rahman said Thursday during a public hearing of the National Tariff Commission.
  • 12/08/2000 -- TransCanada PipeLines applies for interim tolls
    TransCanada PipeLines Ltd., Calgary, has applied to federal and Alberta regulators for interim tolls on its Canadian mainline and Alberta natural gas transmission systems. The company asked that interim tolls be effective Jan. 1. The interim tolls would be in effect until TransCanada applies for and receives approval for final 2001 tolls.
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