Transportation 2001 P

11/16/2001 -- Electric Power news briefs, Nov. 16
Public Service Co. of New Mexico ... New Jersey Natural Gas Co. ... PPL Susquehanna ... Massachusetts Electric Co. ... United Illuminating Co. ... Peabody Energy Corp.
11/16/2001 -- Zero tolerance
Earlier this month the US State Department lost patience with Venezuela, one of the US' top three sources of imported oil.
11/16/2001 -- California dimming
The dimming of the lights in California earlier this year has provided a salutary lesson for European lawmakers now contemplating how to introduce legislation to guarantee security of energy supplies, while at the same time liberalizing the market. They know they have this one chance of getting it right.
11/15/2001 -- Florida Gas Transmission to add capacity to Texas-to-Florida line
Florida Gas Transmission Co., Houston, applied with the Federal Energy Regulatory Commission to add another 33.3 miles of pipeline and 18,600 hp of compression at existing stations to its 4,800-mile system carrying natural gas from South Texas to Florida, officials said Thursday.
11/15/2001 -- Industry groups deny power generation relies too much on gas
Three key natural gas associations Thursday refuted claims the US is becoming too dependent on natural gas as a fuel to generate electricity. The Natural Gas Supply Association, the Interstate Natural Gas Association of America, and the American Gas Association sent the rebuttal to a Senate committee.
11/15/2001 -- BG Group PLC's operating profits rose 20% in third quarter
BG Group PLC has announced its third quarter results for 2001, maintaining a strong performance for the year with substantial growth in profits and earnings.
11/15/2001 -- US industry groups deny power generation relies too much on gas
Three key natural gas associations Thursday refuted claims that the US is becoming too dependent on natural gas to generate electricity. The Natural Gas Supply Association, the Interstate Natural Gas Association of America, and the American Gas Association sent the rebuttal to a Senate committee.
11/15/2001 -- US Coast Guard mulling rule for spill monitoring devices on tankers
The US Coast Guard is reviewing comments on a proposed rule that would require devices that monitor tank pressures or cargo levels to be installed on single-hulled tankers.
11/15/2001 -- Alaska gas pipeline proposal expected by yearend
Six US and three Canadian energy companies Thursday signed a development proposal to build an Alaska Highway natural gas pipeline project. The US companies include subsidiaries of Williams Cos. Inc., Duke Energy Corp., Sempra Energy, Enron Corp., PG&E Corp., and El Paso Corp.
11/15/2001 -- Alaska extends Point Thomson unit, enabling production by 2008
Alaska has approved an expansion of the North Slope Point Thomson Unit, which under the current plan of development should result in production by 2008.
11/15/2001 -- Nine companies to prepare Alaskan gas pipeline proposal
Six American and three Canadian energy companies Thursday signed a memorandum of understanding (MOU) regarding construction of an Alaska Highway natural gas pipeline project. They expect to present a proposal to the major Alaskan North Slope producers by yearend.
11/14/2001 -- API says slide in petroleum product demand continued in October
For the third consecutive month, US deliveries of major petroleum products declined in October. The American Petroleum Institute reported Wednesday that deliveries, a key measure of consumer demand, declined by 1.7% compared to a year ago.
11/14/2001 -- PetroChina signs take-or-pay contracts for proposed gas line
Wuhan municipality in Beijing has signed a take-or-pay contract with PetroChina Co. Ltd. for gas from a proposed 5 billion yuan ($600 million) gas pipeline. The 760-km, 711-mm pipeline will begin at Zhong Xian, Chongqing, and end at Wuhan, Hubei.
11/13/2001 -- Kaneb to acquire Netherlands Antilles terminals group Statia
Kaneb Pipe Line Partners LP, Wichita, Kan., agreed to acquire substantially all of the assets of Statia Terminals Group NV for $307 million, including estimated cash in hand and $107 million in debt.
11/13/2001 -- FERC reviewing price caps in West
Federal regulators are reviewing the cap on electricity prices in the West and are expected to issue an order to either replace or confirm the cap before December. The California Independent System Operator wants the regulators to continue price caps on generation in the West, generators want the caps removed, and Pacific Northwest elected officials want FERC to create price caps specific to the region.
11/12/2001 -- Poten & Partners predicts OPEC cut, expects further depressed VLCC rates
Poten & Partners, an oil tanker and liquefied gas carrier broker and consultant, said that the Organization of Petroleum Exporting Countries' proposed output quota cut does not bode well for already low very large crude carrier rates.
11/12/2001 -- Sonangol, TotalFinaElf sign deal to develop Angola's gas reserves
Implementing a 2-month-old decision, the Angolan government Monday signed a protocol aimed at developing gas reserves estimated at 4 tcf.
11/09/2001 -- Four oil firms eye blocks near Camisea gas fields in Peru
Peru's state oil firm Perupetro said four oil companies are considering leases of blocks 56, 57, and 58 near the Camisea gas fields.
11/09/2001 -- Two ministers
Norway's new oil minister and his UK counterpart recently shared a platform in London to outline their views on how the North Sea oil and gas industry will develop.
11/08/2001 -- Williams affiliate acquires Louisiana storage, distribution assets
Williams Energy Partners LP, an affiliate of Williams Cos. Inc., Tulsa, acquired the oil storage and distribution assets of Texas-based Geonet Gathering Inc. for $20 million.

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Transportation 2001 P