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Transportation 2000 P

  • 12/08/2000 -- California power crisis eases a bit
    California Independent System Operator officials say they expect to avoid calling a Stage 3 power emergency Friday, after narrowly averting rolling blackouts Thursday. The ISO declared its first Stage 3 emergency Thursday, allowing the grid operator to receive emergency assistance from the Western Area Power Administration. The Stage 3 emergency, signifying power reserves have fallen to 1.5%, was terminated at 7:30 p.m., but a Stage 2 emergency remains in effect Friday.
  • 12/08/2000 -- Analyst says Latin America needs energy investments of $240 billion
    Years of poor political and economic policies have left Latin American countries without sufficient capital to finance development of oil and gas resources to meet their growing needs, investment bankers said Thursday at the start of a 2-day Latin America energy conference in Houston.
  • 12/08/2000 -- Transportation news briefs, Dec. 8
    BOTAS Petroleum Pipeline � Pipeline Engineering � Gulfstream Natural Gas System � Berg Steel Pipe � Texas Eastern Transmission � Dominion Resources � BC Gas Utility � NKK � Mitsui OSK Lines � Nusantara Shipping � Pertamina � Hiroshima Gas � Nippon Gas � Williams � Podzemgazprom � Energy & Environmental Investments � Guardian Pipeline � Compressor Systems � CMS Energy � and more
  • 12/07/2000 -- AES brings back 600 Mw in service in California
    AES Corp. confirmed it is ramping up two gas-fired power plants that had been shut down because of environmental reasons in California. Both plants totaling 600 Mw should be in service by late Thursday, says Aaron Thomas, spokesman for AES. Late Wednesday, the South Coast Air Quality Management District lifted an abatement order that identified AES plants that could not operate without penalties, unless specialized emissions control devices were installed at the plants
  • 12/07/2000 -- Inspectors make night visits to California plants
    With nearly 11,000 Mw out of service, the California Public Utility Commission and the California Independent System Operator conducted on site plant inspections Wednesday and Tuesday night in an atmosphere one company official likened to a 'drug raid.' Inspectors were checking merchant power electric plants to insure the plants had legitimate reasons to be out of service and were not withholding production to drive up electricity prices.
  • 12/07/2000 -- Finance/Companies news briefs, Dec. 7
    M-I � Bolland & Cia � DP Charters � TriLucent Technologies � National Energy Board � Mackenzie Valley Environmental Impact Review Board � Gulf Canada Resources � Southeastern Asset Management � Westcoast Energy � Singapore Petroleum � Tiger Oil � Star Oil & Gas Acquisition � Place Resources � Proprietary Industries � Invader Exploration � Keystone Silver Mines � Scope Industries � MacDonald Oil Exploration � Bresea Resources � and more
  • 12/07/2000 -- EC considering tougher tanker safety regulations
    The European Commission Thursday began considering a second package of measures aimed at beefing up safety practices in the wake of the sinking of the Erika tanker off the coast of France last December. Adoption of the so-called 'Erika II' package by the EC would lead to the setting up of a maritime traffic control and information system, an oil pollution compensation fund, and a new European Maritime Safety Agency.
  • 12/06/2000 -- Conoco buys LG&E's western gas gathering assets
    Conoco Inc., Houston, said Wednesday it is acquiring from LG&E Energy Corp., Louisville, Ky., gas gathering and processing assets in New Mexico, Texas, Oklahoma, and Montana. The acquisition will more than double Conoco's gas gathering capacity in southeastern New Mexico and increases Conoco's processing capacity in the region by 42%.
  • 12/04/2000 -- Stage One electricity emergency declared in California
    The California Independent System Operator called a Stage One emergency Monday because of high winter demand and the sudden loss of about 400 Mw of generating capacity. With continued high demand in winter, the electricity system can be thrust into an emergency with the loss of as little as 400 Mw.
  • 12/01/2000 -- Shell to double capacity at proposed Indian LNG terminal
    Oil giant Royal Dutch/Shell Group has decided to double capacity of the liquefied natural gas terminal it proposes to set up at Hazira in south Gujarat to 5 million tonnes/year from 2.5 million tonnes/year. The first phase of the Shell terminal, whose construction is slated to begin in January 2000, will cost 230 billion rupees.
  • 12/01/2000 -- Electric Power news briefs, December 1
    CP&L Energy Inc. ... Florida Progress Corp. ... Alliance Pipeline LP ... Avista Advantage ... WS Investment Co. ... Cascade Investment LLC ... Exelon Nuclear ... DPL Inc. ... Alliance Regional Transmission Organization ... LG&E Power Inc. ... Dominion Resources Inc. ... PG&E Dispersed Generating Co. LLC
  • 12/01/2000 -- Gas Authority of India Ltd. joins two consortia
    Gas Authority of India Ltd. has joined with three other prominent oil and gas companies�Royal Dutch/Shell Group, India�s state-owned Oil & Natural Gas Corp., and Russian oil company Gazprom�to bid for Indian exploration blocks. GAIL has also joined a consortium to import liquefied natural gas.
  • 12/01/2000 -- Market watch, Dec. 1
    Iraq halted its oil exports Friday after United Nations officials rejected its demand that buyers pay a 50�/bbl surcharge in violation of UN sanctions against that country. An initial knee-jerk rise in oil prices on international energy markets is likely. Iraq has several times threatened to halt its exports under the UN-supervised oil-for-food program.
  • 12/01/2000 -- Union Fenosa awards design work for Egyptian LNG plant
    Spanish utility Union Fenosa has awarded a front-end engineering design services contract to M.W. Kellogg Ltd., the London affiliate of Halliburton Co.'s Kellogg Brown & Root, for Union Fenosa�s proposed liquefied natural gas project in the northern Egyptian port of Damietta. The $1 billion project calls for the development of a single-train LNG complex with an estimated capacity of 3.5 million-4 million tons/year.
  • 11/30/2000 -- Woodside, Phillips join forces on Timor Sea ventures
    Australia's Woodside Energy Ltd. and US oil company Phillips Petroleum Co. have put their names to an 'in-principle' deal that will see the two majors cooperate in moving ahead their respective Timor Sea gas resources, the Greater Sunrise and Bayu-Undan developments. For Woodside and Phillips, the agreement also clears the way for plans for a major new domestic liquefied natural gas export project based in Darwin.
  • 11/30/2000 -- Transportation news briefs, Nov. 30
    India � Iran � Pakistan � Daugherty Resources � Bay Gas Storage
  • 11/29/2000 -- Rules 'patchwork' impedes restructuring
    Deregulated natural gas and electricity markets also need liberalized business rules if competition is to flourish, several former US government officials said Wednesday. The differences among network companies�gas and electric distribution firms, pipelines, electric transmission companies, and independent system operators�have become barriers to the development of mature and competitive markets.
  • 11/29/2000 -- For competition to flourish, emerging power markets need standardized rules
    Deregulated natural gas and electricity markets also need liberalized business rules if competition is to flourish, several former US government officials said Wednesday. The differences among network companies�gas and electric distribution firms, pipelines, electric transmission companies, and independent system operators�have become barriers to the development of mature and competitive markets.
  • 11/29/2000 -- ONGC awards Bombay High contract to ADNOC unit
    India's Oil & Natural Gas Corp. awarded a $27 million contract to National Petroleum Construction Co., a unit of the Abu Dhabi National Oil Co., for a platform and the laying of submarine pipelines in the Bombay High field off India. The platform, to be dubbed ZA, is a pilot project for a larger scheme to increase production from the Bombay High field.
  • 11/29/2000 -- NERC forecasts electric system reliable for winter 2000-2001
    North American Electric Reliability Council says there will be sufficient electricity resources to meet winter demand despite an estimated 3% increase in peak demand compared to last winter. But NERC also warned that unanticipated equipment problems and extreme weather could produce demands that exceed generation margins and transmission capability. NERC points out as potential trouble spots parts of East Central Area Reliability Coordination Agreement (ECAR) and the Pacific Northwest

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