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Transportation 2001 P15

  • 06/01/2001 -- OPEC's June bug
    Questions surrounding global crude production levels seem decidedly less clear-cut for the 10 voting members of the Organization of Petroleum Exporting Countries in the runup to this week's ministerial meeting in Vienna.
  • 06/01/2001 -- US seeks more changes to UN's sanctions on Iraq
    The US Friday sought to accelerate changes to the decade-old international sanctions against Iraq. United Nations diplomats seem cautiously optimistic the US may be able to broker a compromise to what has become a decade-old stalemate in the Middle East.
  • 06/04/2001 -- Canada urged to invest $100 million to support Arctic development
    A report by a Canadian federally appointed committee says the country must invest at least $100 million (Can.) in seed money to support Arctic resource development. The funds would be in addition to any financial support that Ottawa might provide for Arctic pipeline development.
  • 06/04/2001 -- Electric Power news briefs, June 4
    American Electric Power Co.. ... Houston Pipe Line Co. ... Mirant ... Cheng Power Systems ... PG&E National Energy Group ... Calpine Corp. ... GWF Energy LLC ... Industrikraft Midt-Norge ... Endesa ... Companhia de Interconexao Energetica ... PacifiCorp ... SeaWest WindPower ... Termogaucha-Usina Termelectrica ... General Electric International ... Canadian Fertilizers ... PanCanadian Petroleum Ltd. ... Intermountain Gas Co. ... Westcoast Energy
  • 06/05/2001 -- Mexican president to discuss energy with Canada
    Mexican President Vicente Fox has invited the chief executives of senior Canadian energy companies to a meeting at his ranch for private talks on how Canada can play a larger role in Mexican energy.
  • 06/05/2001 -- OPEC plans to reassess its options in July
    The Organization of Petroleum Exporting Countries delayed making any production changes during its Tuesday meeting in Vienna, saying it will reassess crude inventories and market prices during a July 3 emergency meeting. The wait-and-see approach comes after Iraq halted its oil exports to protest the UN decision to extend its oil-for-food program for only 1 month.
  • 06/06/2001 -- DOE suggests topics for National Petroleum Council studies
    The US Department of Energy wants more industry advice on how the White House can best implement energy policy changes proposed last month. Department officials asked the National Petroleum Council at its annual meeting Wednesday to consider a dozen proposals that represent a virtual laundry list of challenges facing the industry.
  • 06/07/2001 -- PDVSA signs operating agreement with consortium for Venezuela terminal
    Petroleos de Venezuela SA (PDVSA) has signed an operating agreement with a consortium of Williams, Tulsa, Enbridge Inc., and Northville Industries Inc. for the oil storage and loading terminal at the Jose complex in Anzoategui, Venezuela. The agreement ratifies the basic conditions agreed to in the term sheet signed by PDVSA and the consortium in January 2001.
  • 06/07/2001 -- Baker Hughes introduces biggest fracturing vessel in gulf
    The Baker Oil Tools division of Baker Hughes Inc., Houston, Thursday introduced the largest proppant-capacity fracturing vessel for deepwater work in the Gulf of Mexico. The converted vessel was rechristened the MV HR Hughes for Howard R. Hughes who, in 1909, founded Hughes Tool Co., forerunner of Baker Hughes.
  • 06/08/2001 -- Gas prices continue falling as demand proves more elastic than presumed
    Natural gas prices continue to fall as demand proves more elastic than presumed.
  • 06/08/2001 -- Feast or Famine
    Forget the Organization of Petroleum Exporting Countries. Ignore Saddam Hussein. Okay, well, maybe don't ignore Saddam. But US officials suggest an anonymous computer hacker could be an even greater threat to energy security.
  • 06/08/2001 -- IPAA panel says US gas output, demand gap to widen
    An Independent Petroleum Association of America panel predicts US natural gas demand will increase 1.8%/year for the foreseeable future, rising to 24.8 tcf by 2005, to 28.1 in 2010, and 30.7 in 2015. Its long-term forecast said US gas production would grow 1.9% this year but only 1.3%/year through 2005.
  • 06/08/2001 -- BP says alliances key to building Azerbaijan supplier base
    BP PLC's head of procurement in Azerbaijan Thursday urged local and western oil and gas service and supply companies to forge alliances to speed development of the Caspian supplier base. Stephen Loss said partnerships would mean "a fast track opportunity" for Baku-based companies to build competencies while gaining access to resources.
  • 06/11/2001 -- Sydgas signs contract for gas pipeline expansion
    The Swedish company Sydgas signed a contract with a consortium of the German contractors Bohlen & Doyen and Ludwig Freytag, Swedish Pihl Aarsleff AB and Danish Per Aarsleff AS to lay a gas line. The contract has a value of 65 million kroner and involves 45 km of gas line near Halmstad in southern Sweden.
  • 06/11/2001 -- California gas-fired power plants get emission waivers
    California Gov. Gray Davis issued an executive order late Monday that allows gas-fired power plants to operate additional hours beyond the limits set for environmental reasons. Officials estimated up to 1,200 Mw of gas-fired generation could be affected by the order.
  • 06/12/2001 -- Wilson succeeds Hain as UK energy minister
    The UK Labour party has named Brian Wilson, Minister of Parliament for the Shetland constituency of Cunninghame North, to succeed Peter Hain as Britain's energy minister, after Hain was promoted to the post of minister for Europe. The move comes in the second wave of a cabinet shuffle launched by Prime Minister Tony Blair following his party's reelection last Thursday.
  • 06/12/2001 -- Enterprise awards Corrib field work off Ireland
    Enterprise Energy Ireland Ltd. Tuesday awarded three principal contracts valued at a total of 360 million euros for the onshore and offshore development of the Corrib gas field on Blocks 18/20 and 18/25 in the Slyne basin off Ireland. A susbsea development is planned.
  • 06/12/2001 -- Canadian native group to discuss Mackenzie Delta pipeline issues
    The aboriginal group that refused to sign a pipeline development agreement with Canada's Mackenzie Delta producers earlier this month says it will debate the issues at a meeting June 25.
  • 06/13/2001 -- Iraq continues to withhold oil exports in protest over UN action
    Iraq shows no signs of lifting its suspension of oil exports through the United Nations oil-for-aid program, the UN office supervising the scheme said Tuesday. The suspension was announced by Baghdad on June 4, but loadings already begun on the day continued through June 5, according to the Office of the Iraq Program.
  • 06/14/2001 -- TransCanada, Alliance pipelines ready for arctic gas volumes
    Canadian natural gas pipelines will be ready to handle additional volumes if and when trunklines are built from Alaska and the Canadian Arctic, industry executives say. Both TransCanada PipeLines Ltd. (TCPL) and Alliance Pipeline Ltd. say they are prepared for expansion.
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