Transportation 2000 P

12/19/2000 -- California steps up to Stage 2 emergency
The California Independent System Operator stepped up to a Stage 2 emergency Tuesday morning as the grid operator continued to grapple with constraints on Path 15, the high-voltage transmission lines that feed electricity back and forth between northern and southern California. Meanwhile, negotiations are under way in Washington, DC, and Sacramento today among state and federal officials and California utilities on how resolve the continuing crisis.
12/19/2000 -- Western Australia approves deal for 4 power projects
In a compromise agreement with the government of West Australia, the Woodside Energy Ltd.-Energy Equity Corporation Ltd. (WEL-EEC) consortium will build four gas-fired power stations to supply electricity to Western Power Corp. WEL and EEC agreed with Western Power to modify the original proposal to include use of an alternative power provider that will supply renewable energy sources, in addition to natural gas.
12/19/2000 -- California remains in Stage 1 emergency
A Stage 1 emergency remained in effect Tuesday morning as the California Independent System Operator grappled with constraints on Path 15, the high-voltage transmission lines between northern and southern California. Meanwhile, negotiations are under way in Washington, DC, and Sacramento today among state and federal officials and California utilities on how to resolve the continuing crisis.
12/18/2000 -- Electric Power news briefs, December 18
Emera ... Bangor Hydro-Electric ... Wisconsin Electric Power ... Questar Pipeline ... Calpine ... Energy Management Inc. ... PG&E Corp. ... Dominion ... Chesapeake Utilities Corp. ... Southern Energy ... Pegasus Technologies Inc. ... KFx Inc. ... ABB Centrum Automatyki Ltd. ... Conoco ... and Sonatrach ... Tennessee Gas Pipeline ... PECO Energy ... OGE Energy Corp. ... DTE Energy ... Reliant Energy Solutions ... Consumers Energy ... BayCorp Holdings ... Invensys Building Systems ... Capstone
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 -- Finance/Companies news briefs, Dec. 15
Unit � Shenandoah Resources � Gothic Energy � Chesapeake Energy � Panaco � Lukens Energy Group � Repsol-YPF � Uni�n Cubapetr�leo � Gulfstream Resources Canada � Cheniere Energy � King Resources � Ivanhoe Energy � Core Laboratories � BP � Alliant Energy Industrial Services � Trinity Pipeline � Air Liquide America � ENSCO International � Keppel FELS � K2 Energy � Gujarat State Petroleum � Niko Resources � Reliance Industries � Infinity
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 -- Central Alberta Midstream begins building sour gas pipeline
Central Alberta Midstream, a venture of Chevron Corp. unit Chevron Resources Canada and BP unit Amoco Canada, is constructing a 70-km, 12-in. sour gas pipeline in northern Alberta. The line will connect sour gas production in the south Wapiti area to Central's processing facilities in the Kaybob region.
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.

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