Processing 2001 P

11/27/2001 -- TotalFinaElf buys Agip's stake in Zambian refinery, marketing
TotalFinaElf SA has acquired the refining and marketing assets of Agip Zambia, an ENI SPA affiliate, subject to Zambian government approval.
11/26/2001 -- CMAI sees no relief for oversupply in world polystyrene market
Chemical Market Associates Inc., Houston, said the world polystyrene demand has declined for 2 consecutive years and oversupply will continue.
11/26/2001 -- Oil majors vie for 24.5% share of Persian Gulf Dolphin gas project
Five companies -- BP PLC, ChevronTexaco Corp., ExxonMobil Corp., Occidental Petroleum Corp., and Royal Dutch/Shell Group -- have until yearend to bid close to $1 billion to win a 24.5% stake in the inter-Gulf Dolphin gas project operated by Dolphin Energy Ltd.
11/26/2001 -- Statoil testing process to convert natural gas into propylene
Statoil ASA claims to be the first oil company to introduce a process that can utilize gas previously flared by bringing on stream the first facility that converts methanol into propylene, a raw material for plastics production.
11/26/2001 -- Enterprise to acquire Diamond-Koch's propylene fractionation unit
Enterprise Products Partners plans to buy a propylene fractionation business from units of Ultramar Diamond Shamrock Corp. and Koch Industries Inc.
11/26/2001 -- Crown Central investigating cause of fire at Houston refinery
Crown Central Petroleum Corp. Monday was investigating the cause of a fire at its 100,000 b/d refinery at Pasadena, Tex., on the Houston Ship Channel.
11/26/2001 -- Fuelish follies
Instead of being left in the dark, Californians may now be stranded by the side of the road if state officials insist on moving forward with its 2003 zero-emission vehicle (ZEV) program.
11/20/2001 -- Processing news briefs, Nov. 20
Williams ... Ace Ethanol ... Technip USA ... Kinder Morgan CO2 ... Mission Resources
11/19/2001 -- Phillips, Conoco plan $35 billion 'merger of equals' next year
Conoco Inc. and Phillips Petroleum Co. said their boards have approved a merger creating a $35 billion ConocoPhillips. The companies expect to complete the merger in the second half of 2002. They anticipate cost savings of $750 million/year.
11/16/2001 -- API says US gasoline prices decline for eighth straight week
The American Petroleum Institute reports that average prices for regular gasoline in the US fell to $1.182/gal (including taxes) on the eve of the Thanksgiving holiday travel period. Prices fell for the eighth consecutive week and were 34¢ less than at the same time a year ago.
11/15/2001 -- Sinopec, ExxonMobil, Aramco plan Chinese petrochemical project
Three companies plan to submit a feasibility study for the Fujian petrochemical project to China's Development Planning Commission.
11/15/2001 -- CMAI sees potential world propylene capacity shortfall in 2005-15
Chemical Market Associates Inc. predicts a shortfall in world propylene supplies in 2005-15. It said supplies should begin to tighten in 2004.
11/14/2001 -- Finance/Companies news briefs, Nov. 14
BP PLC ... Rozsa Petroleum Ltd. ... OMV ... Sui Southern Gas Co. Ltd. ...Repsol YPF ... Petrobras ... Nabors Industries Inc. ... Gasunie ... Talisman Energy Inc. ... Regent Energy Corp. ... Petroleum Geoservices ASA
11/14/2001 -- Market watch: Energy prices rise in anticipation of OPEC action
Energy futures prices rebounded Tuesday in anticipation of an imminent cut in OPEC production.
11/14/2001 -- US EIA projects higher long-term crude prices
The US Energy Information Administration Wednesday projected the world oil price will be $24.68/bbl in 2020, about $2/bbl higher than the agency forecast last year. Imports will continue to be a key part of the US energy mix, EIA found. Oil imports will grow to 62% from 53% over the next 2 decades.
11/14/2001 -- BP says refiners facing continuing shortage of talented people
Attracting and retaining top talent is the biggest challenge facing the refining industry, the European Refining and Technology Conference in Madrid has been told.
11/13/2001 -- Electric Power news briefs, Nov. 13
Calpine Corp. ... Seminole Electric Cooperative Inc. ... Boralex Inc. ... Gaz Metropolitain Inc. ... Mutual Energy-CPL ... TXU Corp. ... StarEn Power ... Wisconsin Energy Corp. ... AES Deepwater Inc. ... Idaho Power Co. ... TransAlta Corp. ... Puget Sound Energy ... NewPower Holdings Inc.
11/13/2001 -- BP to restructure Grangemouth complex, shut down CDU and polyethylene plant
BP PLC said it will shut down an older crude processing unit and a polyethylene production unit as part of a restructuring effort at its Grangemouth refining and petrochemical complex in Scotland.
11/13/2001 -- European refiners facing large investment to meet low sulfur rules
Europe's refining industry faces the prospect of investing up to $10 billion over the next 5 years to meet both the demand for European Commission-legislated cleaner fuels and the "dieselization" of the market.
11/12/2001 -- Electric Power news briefs, Nov. 12
Guardian Pipeline ... EM-One Power Station LLC ... Neptune Regional Transmission System ... Duke Energy Corp. ... Constellation Energy Group ... Calpine Corp. ... Bechtel Enterprise Holdings Inc. ... Grupo Generador de Guatemala y Cia ... PT PLN ... Tennessee Valley Authority ... AES Corp. ... Global African Power Ltd.

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Processing 2001 P