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Transportation 2001 P16

  • 06/14/2001 -- EIA predicts high summer gas demand in California
    The California natural gas transportation system could become more dependent on electricity in the future to satisfy environmental restrictions, cutting throughput during power outages, the Energy Information Administration said in a special report. The agency also forecast California's gas demand will rise 6.8% this summer over last stressing the in-state pipeline system.
  • 06/14/2001 -- Universal Compression to buy Louisiana Compressor Maintenance
    Universal Compression Holdings Inc., Houston, has agreed to acquire Louisiana Compressor Maintenance Co. Inc., a Louisiana-based company serving pipeline and other natural gas-related companies, for $25 million.
  • 06/18/2001 -- ENI launches worldwide oil and gas industry review
    ENI SPA has published its first worldwide statistical review of oil and gas production, reserves consumption, exports, and imports to help meet what it believes to be a rising public demand for information on industry issues. The annual review, which covers data related to more than 140 countries, to become "an authoritative reference for specific data and information on the oil and gas market."
  • 06/18/2001 -- Sinopec begins work on 270-km crude pipeline in northern China
    China Petroleum & Chemical Corp. (Sinopec) has begun building a crude oil pipeline in northern China to link three refineries to the Huangdao terminal in Qingdao, Shandong province. The line will be completed in the fourth quarter.
  • 06/18/2001 -- California ISO warns of possible blackouts
    Instituting its early warning system for the first time, the California Independent System Operator Sunday warned rolling blackouts are possible Monday and Tuesday and called for maximum conservation efforts. The grid operator said between noon and 8 p.m. Monday and Tuesday looks 'especially tight.'
  • 06/18/2001 -- Williams plans to expand Northwest Pipeline in Washington state
    Williams Monday said it plans an expansion project on its Northwest Pipeline system that would deliver 276 MMcfd of gas to new electric generation facilities in Washington state. The Evergreen Expansion Project is Williams' fourth major pipeline project in Washington and represents a $200 million investment.
  • 06/18/2001 -- Deepwater drilling and LNG imports will help US gas supplies
    Future US natural gas supplies must come primarily from increased LNG imports and further development of resources in deep US waters, said Ronald E. Oligney, co-author of The Color of Oil, a study of the history, economics, and politics of oil and natural gas development.
  • 06/18/2001 -- EEI, APPA jointly call for transmission tax reform
    In an unusual joint appeal, investor-owned and public power system officials asked a US House subcommittee to support legislation that would reduce the tax consequences of a variety of transactions involving transmission assets.
  • 06/18/2001 -- FERC extends price controls in California, elsewhere in the West
    Federal regulators Monday unanimously extended price controls to spot market wholesale electricity transactions 24 hr/day, 7 days a week in California, and for the first time imposed similar controls on spot transactions throughout the West.
  • 06/19/2001 -- California's Davis agrees to buy SDG&E's transmission system
    California Gov. Gray Davis said he reached an agreement for the state to buy San Diego Gas & Electric Co.'s transmission system for 2.3 times book value in a deal worth about $1 billion. In a first, the plan also includes a provision dealing with past power costs run up when SDG&E's wholesale electricity costs exceeded what it could recover under a retail rate freeze.
  • 06/19/2001 -- Burning may remove ocean oil spills thought to be incombustible
    Penn State researchers said laboratory experiments have shown that burning can clean up some open-water oil spills previously believed to be incombustible, provided wave and wind conditions are right. An open-water demonstration still is needed, but researchers said burning could be the most efficient, rapid, and inexpensive option.
  • 06/19/2001 -- Williams holding open season for Western Frontier Pipeline project
    A Williams unit is holding a binding open season until June 29 for shippers interested in annual incremental firm natural gas transportation service on the proposed Western Frontier Pipeline. Western Frontier Pipeline LLC proposes to construct 400 miles of 30-in. pipeline and 15,000 hp of compression to transport up to 540,000 dekatherms/day.
  • 06/19/2001 -- EPSA calls New England market power study inadequate
    The Electric Power Supply Association said ISO New England Inc. and the Massachusetts attorney general are making a mistake, if they focus an investigation of market power solely on 'generator behavior.' The ISO and the Massachusetts attorney general are investigating whether market power was exercised in the region by comparing marginal costs of energy production with wholesale clearing prices.
  • 06/19/2001 -- Abraham calls for more congressional debate on energy proposals
    Energy Sec. Spencer Abraham Tuesday said more debate is needed on energy policy proposals. He was neutral on the price control plan unveiled by the Federal Energy Regulatory Commission June 18, saying it is too soon to tell whether it is the right balance between consumer protection and free market growth.
  • 06/20/2001 -- Atofina to bring 395-km ethylene pipeline on stream in France
    Atofina, the chemical division of TotalFinaElf SA, is about to bring a 395-km ethylene pipeline on stream in France linking the Viriat underground storage facilities near Lyon to the Carling petrochemical complex near Metz. The 100 million euro line will connect Carling to the petrochemical plants of South-Eastern France.
  • 06/20/2001 -- EC to press France, Germany on energy market opening
    The European Commission Wednesday will examine a report by Energy Commissioner Loyola de Palacio and Competition Commissioner Mario Monti restating that deregulation of the continent's gas and electricity markets is not advancing in all countries at the same rate and in the same proportions.
  • 06/20/2001 -- Alberta Energy to expand Wild Goose gas storage field in California
    Wild Goose Storage Inc., a wholly owned subsidiary of Alberta Energy Co. Ltd., has applied to the California Public Utilities Commission to double the storage size and triple the withdrawal capacity of its gas storage facility near Gridley, Calif.
  • 06/20/2001 -- House Republicans mull new public land access proposals
    In a June 15 draft bill, the House Committee on Resources proposes to open a portion of the Arctic National Wildlife Refuge for drilling, expand deepwater royalty relief for Gulf of Mexico leases, reform oil and gas royalty collections, and allow states to take a more aggressive role in managing federal leases within their borders.
  • 06/20/2001 -- Report to offer Croatia options on INA privatization
    The report detailing the options open to Croatia as it decides on a model for the privatization of its state-owned oil and gas company, Industrija Nafte DD Zagreb DD, will be given the government in the next 2 weeks. It will offer alternatives including an initial public offering and strategic partnership agreements.
  • 06/20/2001 -- Williams asks FERC to approve expansion of northeastern gas pipeline
    A Williams unit has applied to the Federal Energy Regulatory Commission to construct the Leidy East project, which will provide an additional 130,000 dekatherms/day of firm gas transportation services. The Leidy East project will provide services from Leidy, Pa., to the northeastern US.
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