Processing 2001 P

09/18/2001 -- California orders review of Southern California Edison's safety practices
Citing 37 accidents linked to alleged safety violations, the California Public Utilities Commission ordered an investigation into Southern California Edison Co.'s compliance with state safety codes for construction, operation, and maintenance of electric lines and facilities. Southern California Edison Co. said it takes the PUC's allegations 'very seriously' and has begun a comprehensive review and analysis of the charges.
09/18/2001 -- California agency to pursue gas peaking, renewable energy plants
The California state power authority approved plans Monday to proceed with 2,000 Mw of new gas-fired electric peaking capacity and 1,000 Mw of renewable energy projects. The capacity is expected to be on line by summer 2002.
09/18/2001 -- Sinopec to build gas pipeline in Shandong
China Petrochemical Corp. plans to build a natural gas pipeline network in eastern China's Shandong province.
09/18/2001 -- California Power Authority to pursue gas peaking, renewable energy plants
The California state power authority approved plans Monday to go forward with 2,000 Mw of new gas-fired electric peaking capacity and 1,000 Mw of renewable energy projects. The capacity is expected to be on line by summer 2002.
09/17/2001 -- Phillips expects synergies of $250 million/year from Tosco purchase
Phillips Petroleum Co. has closed on its acquisition of Tosco Corp. after the US Federal Trade Commission cleared the merger without divestiture requirements. Phillips said the merger will result in operating savings of $250 million in 2002.
09/14/2001 -- Refiners to blend or store jet fuel surplus
With the virtual elimination of commercial air travel in the US for part of this week, refiners are scrambling to either store or blend into other products more than 1 million b/d of unused jet fuel, industry representatives said Friday.
09/14/2001 -- Enbridge eyeing repair of line carrying oil imports from Canada
Enbridge Energy Partners LP faces a temporary shutdown of a Michigan pipeline carrying 380,000 b/d of crude from Canada. A routine inspection of Line 5 found lakebed erosion where the line crosses the Straits of Mackinac, requiring supports for the pipe.
09/13/2001 -- Connecticut regulators reject Enron fuel cell proposal
Connecticut state regulators Tuesday rejected a proposal by Enron Corp. and the Connecticut Resources Recovery Authority to spend $124 million from electric distribution companies' conservation budgets on a fuel cell project. In a preliminary decision, the Department of Public Utility Control concluded neither the cost nor the success of the project is certain.
09/12/2001 -- Processing news briefs, Sept. 12
Axens ... BP ... Jacobs Engineering Group ... Union Fenosa ... SN Technigaz ... Petroleos de Venezuela SA ... Ivensys Process Systems ... High Plains
09/12/2001 -- Three firms remain in competition to build Jubail ethylene plant
There are three bidders for the contract to build an ethylene plant at the Jubail United Petrochemical Co. olefins complex in Saudi Arabia, said the Organization of Petroleum Exporting Countries' news agency.
09/12/2001 -- Industry officials say US petroleum supplies remain adequate
There are plenty of US supplies of oil and refined products and no need for a sharp spike in retail prices in the wake of terrorist attacks on US targets, industry officials and analysts said Wednesday.
09/11/2001 -- Australia grants facilitation status to BassGas development
Australia has granted the BassGas development project off Victoria state major projects facilitation status. The two lead interest holders in the project are AWE Petroleum Ltd. and Origin Energy Resources Ltd.
09/11/2001 -- Nonessential personnel sent home at Houston refinery complex
Nonessential personnel at much of Houston's massive refinery and petrochemical refinery complex were released to go home at about 11 a.m. CST Tuesday. Earlier, the world's largest refining and chemical complex went on heightened security after apparent attacks on New York's World Trade Center.
09/11/2001 -- Houston refinery complex on alert, but operating normally
Houston's massive refinery and petrochemical refinery complex, the world's largest, went on heightened security after apparent attacks on New York's World Trade Center, but plants were reported operating as usual early Tuesday morning.
09/10/2001 -- FTC provides 'practical framework' for Texaco divestitures
The US Federal Trade Commission's consent order for the $35 billion merger of Chevron Corp. and Texaco Inc. also provides "a practical framework" for units of Shell Oil Co. and Saudi Arabian Oil Co. to acquire Texaco's interests in Equilon Enterprises LLC and Motiva Enterprises LLC, officials said.
09/10/2001 -- Occidental Petroleum continues to refocus operations worldwide
Ray Irani, chairman and CEO of Occidental Petroleum Corp., says his firm is a vastly different company than it was just 4 years ago.
09/07/2001 -- Wall Street shows renewed interest in downstream sector
Independent oil refiners are benefiting from a new wave of Wall Street buy recommendations this fall thanks to analysts' and company predictions that margins will be stronger this winter than normal because of tight gasoline inventories and refinery downtime. Longer term, environmental rules are still a worry however.
09/07/2001 -- Nova Scotia urged to name energy minister as part of new strategy
Nova Scotia is expected to consider a proposed energy strategy this fall, government sources said Friday. It is expected to cover all aspects of the industry, ranging from oil and gas to coal and from the upstream segments of oil and gas explorations to the still-regulated electric power industry.
09/07/2001 -- Nova Scotia energy strategy proposal expected this fall
A proposed energy strategy for Nova Scotia is expected be ready for government consideration later this fall, government sources said Friday. In comments submitted this week, the parent company of the provincial electric utility and part owner of the Maritimes & Northeast Pipeline called for a 'staged' opening of the power markets to competition and for 'nurturing' local involvement in the expansion of Nova Scotia's natural gas industry.
09/07/2001 -- Sunoco to place most assets in new limited partnership
Sunoco Inc. plans to form a master limited partnership, Sunoco Logistics Partners LP, to own and operate a substantial part of its assets.

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Processing 2001 P