Transportation 2001 P

09/28/2001 -- Platts sets Omani crude as benchmark equivalent to spot Dubai
A widely quoted oil-price reporting service has moved to address a volume discrepancy that skews pricing of Middle Eastern crudes. Platts will treat sales of Omani crude as equivalent to those of spot Dubai crude, the benchmark for Middle East term contracts.
09/28/2001 -- Transportation news briefs, Sept. 28
Fort Union Gas Gathering LLC ... Seneca Lake Storage Inc. ... Panhandle Eastern Pipe Line Co. ... Bouygues Offshore ... Petro-Canada Oil & Gas Ltd. ...WPS Resources Corp.
09/28/2001 -- Dominion proposes 1,100 Mw merchant electric plant
Dominion Resources Inc. Friday said it plans to build a $600 million, 1,100 Mw merchant power plant in Roxboro, NC. The gas-fired, combined cycle facility, if approved, would be built the facility in two phases. The first 550 Mw would begin commercial operations in June 2005, and the second 550 Mw would come on line in October 2005.
09/28/2001 -- Wood concedes RTO formation will take time
The new chairman of the Federal Energy Regulatory Commission acknowledged Friday it will take time for utilities to accept the need to join regional transmission organizations. 'It's not going to be a few months. It will be more like a couple of years,' said Pat Wood at a breakfast sponsored by the US Energy Association.
09/28/2001 -- Careful wishes
Recent terrorist attacks in the US closed doors to the petroleum industry but also opened windows.
09/27/2001 -- CEC committee backtracks on gas storage idea after generators protest
After industry protests, the California Energy Commission's electricity and natural gas committee has backtracked on a controversial recommendation to force electric generators to inject gas into gas utilities' storage facilities. But the report to be considered Wednesday by the commission still includes an equally controversial reference to a proposal to require electric generators to sign 15-year contracts for firm capacity on intrastate gas utility systems.
09/27/2001 -- Gas pipeline project proposed for Williston basin
Williston Basin Interstate Pipeline Co., Bismark, ND, Thursday said it plans to build a 245 mile, 16-in., gas pipeline across Wyoming, Montana, and North Dakota. The line would extend from a point 14 miles north of Gillette, Wyo., to near Killdeer, ND. Capacity would be 80-120 MMcfd.
09/27/2001 -- Idaho senator urges Democrats to push energy policy reforms
A key Republican said Thursday said the Senate should stay in session until it completes work on a comprehensive energy bill. Sen. Larry Craig (R-Ida.) said Congress should stay in session until early November, if need be, in order to pass an energy bill.
09/26/2001 -- Federal regulators to propose standard operations for RTOs
The Federal Energy Regulatory Commission Wednesday said it will soon issue a rule to standardize market design and structure for regional transmission organizations. The commission said it will issue the rule after a series of market operations workshops in October at FERC headquarters.
09/26/2001 -- Thailand approves gas pipeline to supply electric power plants
The Petroleum Authority of Thailand (PTT) said the government has approved a $1.55 billion, 875 km offshore and onshore line.
09/25/2001 -- Panel says US gas supply options require long term investments
North American suppliers can produce 34.8 tcf of the 35 tcf/year of natural gas that the US market is expected to need by 2020, but only by tapping into sources not yet being exploited, said an executive geologist at a Houston symposium.
09/25/2001 -- Tidewater plans to double fleet, adding 21 crew, supply boats
Tidewater Inc. has committed up to $100 million to a program that will bring 21 crew and fast crew/supply vessels into its fleet by 2003.
09/25/2001 -- Statoil group proposes development of Europe's first LNG project
Statoil and its partners project Tuesday filed a formal development plan (PDO) for Snøhvit field, the first offshore gas field in the Barents Sea and Europe's first LNG project. Production would begin in 2006 from subsea wellheads.
09/24/2001 -- Draft House bill broadens FERC's role in electric markets
A draft electricity bill pending in the US House Subcommittee on Energy and Air Quality would give the Federal Energy Regulatory Commission broader powers to oversee the wholesale electricity system's transmission, reliability, siting of new facilities, and market behavior. Committee members are circulating the proposed 'Electric Supply and Transmission Act' among industry players for review and comment.
09/24/2001 -- Pembina Pipeline completes cleanup of British Columbia spill
Pembina Pipeline Corp. said the British Columbia Ministry of Water, Land, and Air Protection has approved its cleanup of an oil spill in the upper Pine River.
09/24/2001 -- Colonial Pipeline to expand service to Knoxville, Chattanooga
Colonial Pipeline Co. plans to expand its delivery system to Knoxville and Chattanooga, Tenn., boosting fuel supplies 10-15% for those metropolitan areas.
09/24/2001 -- Indonesian officials tout long-term prospects at Houston oil meeting
Indonesia is working hard to resolve its many political and social problems and to encourage foreign investment, said President Megawati Soekarnoputri and other government officials at meetings with energy industry executives Sunday and Monday in Houston.
09/21/2001 -- TransCanada sells some gas marketing operations to BP Gas
TransCanada PipeLines Ltd., Calgary, said Friday it is selling certain natural gas marketing and trading operations to BP Gas & Power.
09/21/2001 -- CERA analyst predicts coal may reclaim power markets from gas
A Cambridge Energy Research Associates analyst said Friday competition from other fuels has added uncertainty to the long-term future of the US gas market.Several speakers at the GISB meeting said they expect a slowing economy, at least short term, in the wake of the Sept. 11 terrorist attacks in New York and Washington, DC.
09/21/2001 -- Enbridge completing repair of oil pipeline from Canada
Enbridge Energy Partners LP said Friday it was completing repairs to a Michigan pipeline that moves 380,000 b/d of crude from Canada.

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