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Transportation 2000 P

  • 11/02/2000 -- Chevron's second Fort Liard well on stream
    Chevron Canada Resources Ltd., Calgary, and partners have begun production from their M-25 well, near Fort Liard in Canada�s Northwest Territories. Chevron said the well flowed 35 MMcfd of gas and will increase to 50 MMcfd in a week.
  • 11/02/2000 -- Sonatrach, South African firms to cooperate in energy projects
    The Algerian state oil and gas company Sonatrach and South Africa's Central Energy Fund signed an agreement to develop energy partnership opportunities identified during workshops in Algiers this week.
  • 11/01/2000 -- AEC to farm into Ecuador block
    Alberta Energy Co. Ltd. (AEC), of Calgary, agreed to farm into Occidental Petroleum Corp.'s Block 15 in Ecuador. AEC will earn a 40% interest in the block and will assume certain capital costs through 2004. Occidental will remain the operator of the block. Terms of the transaction were not disclosed.
  • 11/01/2000 -- Finance/Companies news briefs, Nov. 1
    Chaparral Resources � Capco Resources � Reliant Services � Miller Pipeline � American Enviro-Services � Greene Environmental � PanCanadian Petroleum � Montana Power � Tracer Petroleum � Tenggara Oil � Sui Southern Gas Co. � Caltex Oil � Friede Goldman Halter � Harken Energy � Global Ventures/Consultants
  • 11/01/2000 -- South Korean companies opt out of Petronet LNG transportation race
    Three South Korean shipping lines�Hanjin Shipping, Samsung, and Hyundai Merchant Marine Co.�have opted out of the race in they were considered strong contenders to bag a liquefied natural gas transportation deal from the Indian government-owned Petronet LNG Ltd.
  • 11/01/2000 -- Electric Power news briefs, November 1
    CP&L Energy ... Cinergy Global Power ... Shell Gas BV ... Semco Energy ... Conectiv ... Silicon Energy Corp. ... EPS Solutions Inc. ... Alstom ... Washington Gas Light Co. ... Sierra Pacific Resources ... Portland General Electric Co. ... Canadian Hydro Developers Inc. ... Southwestern Energy Co. ... University of Texas Houston Health Science Center ... Applied Power Corp. ... Reliant Services LLC ... Miller Pipeline Corp. ... DukeSolutions ... Waste Management Inc. ... Enron Japan Corp.
  • 11/01/2000 -- Exploration/Development news briefs, Nov. 1
    Statoil � Amerada Hess � Fortum � Kestrel Energy � KCS Energy � Pallaum Minerals � Cactus Energy � Tanganyika Oil � Energy Africa Tanzania
  • 10/31/2000 -- Japan to invest $3 billion in Iran oil, gas sector
    Japan will finalize a $3 billion dollar credit package for investment in Iran's oil and gas sector during the upcoming visit of President Mohammad Khatami to Japan, the Iranian News Agency said on Sunday. It said that the credit facility would be paid in yen to minimize the long-term fixed interest.
  • 10/30/2000 -- Sithe, Alstom complete Mexican power plant financing
    Independent power producer Sithe Energies Inc. and France's Alstom Power say they have completed financing of the second phase of a 460 Mw net electrical generating project in the fast-growing Mexican market. The $700 million project in Tamuin, Potosi, Mexico, is the largest single foreign investment in the Mexican power generation sector to date.
  • 10/27/2000 -- Regulators warn of possible 'voltage collapse' in Dallas-Fort Worth
    The Dallas-Fort Worth area of Texas could face a 'voltage collapse' as early as 2003, unless new generation and transmission lines are built to serve the area, the Public Utility Commission of Texas warns in a background paper 'Meeting the DFW Challenge.' The PUC is holding a public forum Nov. 7 to hear proposed solutions from consumer and industry groups.
  • 10/27/2000 -- Official: Electric power boosts Mexican gas demand
    Mexico's natural gas demand is projected to grow 10%/year for the next 10 years propelled in large part by soaring demand for gas-fired electric generation, but supply is expected to grow only about 7%/year, government energy officials said in Houston. To achieve the 7% growth rate will require a boost from the current growth of about 4%/year and enormous capital investment in both gas and power, said Dionisio Perez, head of the investment promotion unit for the Secretariat of Energy.
  • 10/27/2000 -- Nigeria selects core investors for privatized oil companies
    Nigeria has selected two core investors to buy a majority of the shares it plans to divest from two oil companies�National Oil & Chemical Co. and African Petroleum. The director-general of the government's bureau of public enterprises, Nasir El-Rufai, disclosed in Abuja that the government's shares in National Oil & Chemical Co. would be bought by Conpetro Ltd., while those in African Petroleum would be acquired by Sadiq Petroleum Nigeria Ltd.
  • 10/26/2000 -- Electric power news briefs, October 26
    Aquila Energy ... Elwood Energy LLC ... National Fuel Gas Co. ... SolArc Inc. ... Wisconsin Energy Corp. ... Avista Corp. ... Avista Corp. ... Kansas City Power & Light Co. ... Calpine Corp. ... GPU Inc. ... AES Corp.
  • 10/26/2000 -- Coflexip Stena Offshore builds rigid pipe base for Gulf of Mexico operations
    A subsidiary of Coflexip Stena Offshore will build a rigid pipe spool base at Mobile, Ala., to support its offshore pipelay and construction work in the Gulf of Mexico, the company said Thursday. This $10 million (US) investment involves a deepwater dock, access roads, rail access, storage areas, and infrastructure for high specification pipe welding, preparation, and loading.
  • 10/26/2000 -- EIA says US pipeline capacity adequate for winter
    US Natural gas pipeline capacity constraints and bottlenecks could arise during severe weather this winter, but for the most part, capacity appears adequate to serve the needs of the upcoming heating season, say government analysts in an annual assessment of the industry. By year-end, the agency estimates the industry will have invested $4.6 billion on expanding and upgrading the system since January 1999.
  • 10/25/2000 -- Electric Power news briefs, October 25
    Cloverland Electric Cooperative ... Hydro-Qu�c ... Neiman Marcus Group ... Silicon Energy Corp. ... RTO West ... Hawaiian Electric Industries ... Florida Progress Corp. ... PPL Corp. ... Scana Corp. ... Conectiv ... FirstEnergy Corp. ... Southern Union Co. ... Consumers Energy Co. ... MDU Resources Group ... MDU Resources Group ... Westinghouse Electric ... STP Nuclear Operating Co. ... PECO Energy ... Energy Ventures Inc. ... Alberta Research Council ... NRG Energy ... El Paso Energy
  • 10/25/2000 -- Transportation news briefs, Oct. 25
    Aviva Petroleum � Equitable Resources � Orion Power MidWest � Santos � ExxonMobil � Pemex Gas y Petroquimica Basica � BJ Pipeline Inspection Services
  • 10/25/2000 -- Statoil to shed 2.1 billion kroner in NCS assets
    Norwegian oil and gas giant Statoil announced yesterday it is to shed holdings worth 2.1 billion kroner on the Norwegian Continental Shelf as part of the group's strategy of focussing its energies on 'core areas' on its home patch. Through the sell-off, Conoco picks up Statoil's share in the Grane field, Det Norske Oljeselskap its interest in Jotun, Phillips Petroleum takes over its holding in Tommeliten, and Dansk Olie og Naturgas the group's share in the Freja licence.
  • 10/24/2000 -- Duke Energy Gas Transmission plans pipeline extension
    Duke Energy Gas Transmission, a unit of Duke Energy Corp., said Tuesday it planned to expand its East Tennessee Natural Gas system by building a 95-mile extension from Virginia into North Carolina. DEGT said the line, dubbed the Patriot extension, will transport natural gas from producers in the Appalachian region and from the Gulf Coast. It also will provide gas to portions of southwest Virginia for the first time, said the company.
  • 10/24/2000 -- Al Manhal to invest $2 billion in Orissa LNG project
    The Abu-Dhabi based Al Manhal International Group said it will invest around $2 billion over the next 4 years in a project that involves setting up a liquefied natural gas terminal at the minor port of Gopalpur in the eastern Indian state of Orissa, and the laying of a 2,800-km pipeline system.