Transportation 2000 P

12/04/2000 -- Oklahoma meeting probes state's energy policy options
The needs of a producing state with potential fading for oil but rising for natural gas create a mosaic of energy-policy challenges discussed in a Dec. 1 conference in Oklahoma City. Most speakers at the annual conference, hosted by the International Society of the Energy Advocates and Sarkeys Energy Center of the University of Oklahoma, stressed the need for a national energy policy.
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 -- Kinder Morgan Energy Partners to buy GATX US pipeline business
GATX Terminals Corp. will sell its US pipeline and terminal businesses to Kinder Morgan Energy Partners LP (KMP) for $1.15 billion cash and assumed debt. The sale will make KMP the second largest independent petroleum storage operator and second largest independent chemical terminal operator in the US.
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 -- Electric Power news briefs, November 30
AES Corp. ... Natural Gas Pipeline Co. of America ... Illinois Power Co. ... Detroit Edison ... ZBB Technologies Inc. ... Inverpower Controls Ltd. ... Duke Energy Corp. ... TNPC Inc. ... Coastal Corp. ... Berg Steel Pipe Corp. ... The Bank of New York ... Prebon Yamane ... Amerex ... Royale Energy Inc. .... Enron Energy Services
11/30/2000 -- NGPL to extend pipeline into St. Louis market
Kinder Morgan Inc. subsidiary Natural Gas Pipeline Co. of America (NGPL) will extend its system into east St. Louis, Mo., by constructing a 47-mile, 300 Mdth/d pipeline from Centralia, Ill., to Illinois Power Co.'s natural gas distribution system in St. Louis. The $35 million, 24-in. project will be completed in June 2002.
11/30/2000 -- Alliance pipeline to start up Friday
The 2,300-mile Alliance natural gas and liquids pipeline system from Western Canada to the Chicago market ceremonially celebrated its startup after three earlier start-up delays due to weather and commissioning problems. The pipeline will begin commercial shipments Friday.
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
11/28/2000 -- Electric Power news briefs, November 28
Beacon Power Corp. ... Bay Gas Storage Co. Ltd. ... EnergySouth Inc. ... Enron Corp. ... Solo Energy Corp. ... AES Corp. ... TotalFinaElf SA ... Consolidated Edison Co. of New York Inc. ... Northeast Utilities ... U.S. Energy Systems Inc. ... Cinergy Solutions Inc. ... Zahren Alternative Power Corp.
11/28/2000 -- NTSB warns of gas migration dangers
The US National Transportation Safety Board said Tuesday that pipeline operators may need improved procedures to inform excavators about the danger of underground migration of gas from damaged pipelines. NTSB accepted a report on a Jan. 22, 1999, pipeline rupture in Bridgeport, Ala.
11/28/2000 -- EnronOnline to reach $300 billion by yearend
About $300 billion in commodities will have been traded on EnronOnline by yearend, exceeding the company's wildest expectations, and outstripping early forecasts for all e-commerce potential, says Michael S. McConnell, chief executive of Enron Global Markets, a unit of Enron Corp. Some 1,150 products are being offered for sale via EnronOnline and 13 currencies are being traded, McConnell said.
11/28/2000 -- Woodside rejects Shell's offer as 'inadequate'
Woodside Petroleum Ltd.'s independent directors Tuesday rejected as 'inadequate' a sweetened offer by an Australian unit of the Royal Dutch/Shell Group to gain 56% controlling interest in that company, up from the 34.3% it now holds. They said the offer 'does not contain an adequate premium for transfer of control of the company to Shell.'

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