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Transportation 2000 P7

  • 10/18/2000 -- Transportation news briefs, Oct. 18
    Techint � Aviva Petroleum � WPS Energy Services � Enbridge Gas New Brunswick � Buccaneer Gas Pipeline
  • 10/17/2000 -- Mexico, Guatemala push for Central American gas pipeline
    The proposed sale of Mexican natural gas to Central America via a pipeline through neighboring Guatemala is still being pushed by officials from both countries. The pipeline project, which would provide Guatemala with its first commercial supply of clean-burning gas, has been inching toward reality for years.
  • 10/17/2000 -- Polar Tankers to build fourth millennium class ship
    Polar Tankers Inc., the Long Beach, Calif.-based shipping unit for Phillips Petroleum Co. subsidiary Phillips Alaska Inc., announced Oct. 13 that it will build a fourth millennium class tanker to carry crude oil from Alaska to the US West Coast and Hawaii. The fourth ship contract is valued at $197 million.
  • 10/16/2000 -- Companies rush to file FERC Order 2000 applications
    In a flurry of filings, transmission-owning companies submitted applications Monday to the Federal Energy Regulatory Commission (FERC) to sell or transfer control of their transmission assets to parties that meet the requirements of FERC Order 2000. Order 2000 generally required all investor-owned electric utilities subject to FERC regulation to file a proposal on how they would create or join an RTO, or describe any barriers to joining or forming such a group.
  • 10/16/2000 -- Petronas, Pertamina sign gas, refining deals
    The Malaysian and Indonesian state-owned oil firms struck maiden oil refining and gas sales deals recently, marking closer ties between the neighboring energy producers. Petronas agreed to buy 1.5 tcf from Pertamina over 20 years and will also process sour crude for Pertamina.
  • 10/13/2000 -- TotalFinaElf to study southern route for Caspian pipeline
    TotalFinaElf SA has been named to undertake a feasibility study for a 'southern route' pipeline to transport oil from Kazakhstan via Turkmenistan to Iran, according to Paris-based Petrostrategies. Citing 'reliable sources,' the energy weekly reported this week that the Kazakhstan government had awarded the French energy combine an 'official operator's mandate' to look into a pipeline that would run from the recently discovered giant Kashagan oilfield to the Iranian town of Neka.
  • 10/12/2000 -- DOE, industry to study US gas pipeline infrastructure
    The US Department of Energy (DOE) is looking for feedback from energy industry players for a new $10 million, 3-year joint government-industry research program to address 'critical technology needs' of the US natural gas pipeline system, DOE announced Thursday.
  • 10/12/2000 -- TransCanada to exceed selloff target
    TransCanada PipeLines Ltd., Calgary, says it expects total proceeds of about $3.45 billion (Can.) from its sale of non-core assets this year, well above the original target of $3 billion. The company began selling non-core assets in December 1999 to focus on its core natural gas transmission, power and gas marketing activities in Canada and the northern tier of the US.
  • 10/12/2000 -- Electricity to become biggest gas user, Coastal chief says
    Within 5 years, power generation will overtake residential and industrial sectors as the primary consumer of gas, predicts David Arledge, chairman and CEO of Houston-based Coastal Corp., a major natural gas producer. With the end use market changing, the gas industry must also change in how it responds to demand for its product, he said.
  • 10/12/2000 -- Finance/Companies news briefs, Oct. 12
    Infinity � Transocean Sedco Forex � R&B Falcon � Global Marine � Fred Olsen Energy � Ivanhoe Energy � Compagnie Generale de Geophysique � Paradigm Geophysica � Place Resources � Star Oil & Gas � Ensign Drilling � Pirate Drilling � Williams � TransCanada Pipelines � Trinidad Drilling � Petrochem UK � Minerals Revenue Management � Stabil Drill � Drilling Logistics � Lukoil � Crown Central Petroleum � Paper, Allied-Industrial, Chemical, and Energy Workers International Union
  • 10/11/2000 -- Natural gas storage levels rising, AGA reports
    With more than a month of the traditional refill season left and with 2.48 tcf in storage, US natural gas utilities will be well prepared this year to meet their customers� needs, Chris McGill, American Gas Association, director of gas supply and transportation, said Wednesday.
  • 10/11/2000 -- Venezuelan oil industry workers stage strike
    Thousands of Venezuela�s state oil industry workers walked off their jobs Wednesday, demanding a reopening of collective labor contract negotiations for higher wages and other fringe benefits. State oil corporation Petroleos de Venezuela SA (PDVSA) immediately put a contingency plan into place, labeled the move 'an illegal strike,' and called on striking workers to return to their jobs.
  • 10/11/2000 -- Natural gas storage levels surpass recent consumption, AGA reports
    Current US storage levels for natural gas indicate that gas utilities are well prepared again to meet their customers' needs this winter, the American Gas Association reported Wednesday. The 2.48 tcf of gas held in underground storage nationwide has already passed the amount withdrawn from storage during each of the last five winters, AGA said.
  • 10/11/2000 -- Williams awards pipeline subcontract to Coflexip Stena Offshore
    Williams subsidiary Williams Field Services has awarded a subcontract to France's Coflexip Stena Offshore Inc. to design, build, and install export pipelines from the Boomvang and Nansen field developments in the East Breaks area in the Gulf of Mexico, to a platform located near Galveston, Tex.
  • 10/11/2000 -- SSGC: Pakistan's gas sufficient for 22 years
    Pakistan's recoverable reserves of 19.124 tcf of gas would last about 22 years if the country produces at current annual rates, according to data compiled by Sui Southern Gas Co. The estimate includes reserves of 12.858 tcf in fields already connected to a pipeline system, 5.638 tcf in independent fields and 628 bcf of fields under development or dormant.
  • 10/11/2000 -- Negotiation of Timor Gap royalties begins
    Australian government officials and representatives from the United Nations Transitional Authority in East Timor have begun the first round of negotiations on the division of revenues from oil and gas production in the Timor Gap.
  • 10/11/2000 -- Pakistani ruler urges India to support Iran-Pakistan-India gas pipeline route
    Pakistani ruler Gen. Pervez Musharraf said Pakistan and India would have to cooperate in the development of oil and gas. In particular, he urged India to support the proposed Iran-Pakistan-India gas pipeline route.
  • 10/11/2000 -- Contested San Jose power plant gets regulatory staff OK
    Subject to 192 conditions, the staff of the California Energy Commission (CEC) has recommended approval of Calpine Corp.'s controversial 600 Mw Metcalf power plant in San Jose, saying the benefits outweigh the potential for 'significant adverse' effect on land use and visual resources.
  • 10/11/2000 -- Study: Sunrise project to benefit Australian-East Timor economy
    The Center for International Economics says the $4.7 billion (Aus.) Sunrise-Troubadour-Sunset development project will create many new jobs, stimulate economic activity, and increase government revenue in Australia and East Timor.
  • 10/10/2000 -- US DOE, Air Force to research jet fuel emissions
    Units of the US Department of Energy and the US Air Force signed an agreement Tuesday to jointly research the sulfur content of jet fuels in a 5-year program to reduce emissions from advanced propulsion systems.
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