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Transportation 2002 P8

  • 01/31/2002 -- Dynegy completes acquisition of Northern Natural from Enron
    Dynegy Inc. Thursday closed its acquisition of Northern Natural Gas from Enron Corp. and named Daniel Dienstbier president of the pipeline.
  • 01/30/2002 -- Electric Power news briefs, Jan. 30
    NRG Energy Inc. ... Nisource Inc. ... South Carolina Electric & Gas Co. ... Composite Power Corp. ... OG&E Electric Services ... Electricité de France ... Brighton Beach Power LP ... Coral Energy Canada Inc. ... Cook Inlet Power LP ... Cincinnati Gas & Electric Co. ... New York Power Authority ... Pacific Texas Corp. ... Karaha Bodas ... TC PipeLines LP ... NorthWestern Corp.
  • 01/30/2002 -- FERC approves expansion of Tuscarora pipeline system in Nevada
    The US Federal Energy Regulatory Commission has approved Tuscarora Gas Transmission Co.'s proposed $60 million pipeline expansion.
  • 01/29/2002 -- Technigaz, Zachry Construction to work on LNG projects in US
    Technigaz, a wholly owned subsidiary of French company Bouygues Offshore SA, and privately held Zachry Construction Corp., San Antonio, have formed a partnership to work on liquefied natural gas projects in the US.
  • 01/29/2002 -- BP revives $1 billion Indian LNG import terminal, power station
    BP PLC and two partners have revived plans to invest $1 billion in a liquefied natural gas import terminal and power station in the eastern Indian state of Andhra Pradesh. Completion would be expected by 2007.
  • 01/28/2002 -- ERCOT adds new pricing zone; design similar to California
    Wholesale electricity prices could rise in Houston during high demand periods after the Texas grid operator added a new Houston pricing zone. Market analysts said the Texas congestion management system bears a strong resemblance to the failed California model.
  • 01/28/2002 -- Pacific Texas near funding deal for $1.3 billion Texas-to-Arizona gas line
    Privately held Pacific Texas Pipeline & Transportation Inc., Phoenix, is in final discussions with a banking syndicate to fund its proposed $1.3 billion West Texas-to-Arizona gas pipeline. The names of the banks involved were not disclosed.
  • 01/24/2002 -- Mexico's Fox serves up new electricity reform proposal
    Mexican President Vicente Fox has put electricity reform back on the national agenda with a proposal that is not so far reaching as his predecessor's. Industry observers are hopeful it will be more palatable to opponents.
  • 01/22/2002 -- California Power Authority proposes 'green' electricity strategy
    The state-funded California Power Authority said it will meet California's need for 8,000 Mw of new capacity by 2006 with energy efficiency programs and renewable energy projects. In a report to Gov. Gray Davis, the newly created state entity also predicted its plan will reduce natural gas consumption by $10-$15 billion.
  • 01/22/2002 -- California entity expects green initiatives to reduce gas use
    The state-funded California Power Authority said that by 2006, energy efficiency programs and renewable energy projects will reduce natural gas consumption by $10-$15 billion.
  • 01/22/2002 -- US solicits bids to fill strategic reserve with Gulf of Mexico royalty oil
    The US Minerals Management Service last week began soliciting written bids from prequalified companies to fill the Strategic Petroleum Reserve with federal royalty oil from Gulf of Mexico fields. Rather than purchase oil on the world market, MMS plans to collect 22 million bbl between this April and March 2003 by dramatically expanding its royalty-in-kind program.
  • 01/21/2002 -- New type of pipe to be used in Norwegian gas field
    Statoil ASA is to use a new type of welded pipe, costing 20% less than conventional seamless pipe, for the Kvitebjørn oil pipeline, which will be laid between the Kvitebjørn gas and condensate field and Troll Oil Pipeline II in the North Sea.
  • 01/17/2002 -- NOIA seeks consensus on safety standards for oil field contractors
    The National Ocean Industries Association (NOIA) is trying to put together a team of industry experts as "the first baby step" toward some sort of consensus on safety standards for oil field service contractors, a staff member said Thursday.
  • 01/17/2002 -- Con Edison says Sept. 11 response cost $400 million
    New York's Consolidated Edison Inc. Thursday estimated its emergency response to the Sept. 11 attack on the World Trade Center will cost $400 million. Con Edison said its insurers will cover an estimated $65 million of the costs. The company is seeking federal government reimbursement of the remaining costs.
  • 01/16/2002 -- Arctigas files preliminary statement for US, Canadian Arctic gas pipeline
    ArctiGas Resources LP, Calgary, has filed a preliminary information package with Canada's National Energy Board for a single pipeline system to move gas from the Canadian and US Arctic.
  • 01/16/2002 -- Plains All American to expand Cushing terminal another 1.1 million bbl
    Plains All American Pipeline LP will again expand its Cushing, Okla., terminal, to 5.3 million bbl of oil capacity. The third expansion will add 1.1 million bbl of storage and cost $11 million.
  • 01/16/2002 -- Indonesian gas company seeks funding for four pipeline projects
    Indonesian national gas company PT Perusahaan Gas Negara will need to raise $2.95 billion for four pipeline projects to be completed by 2007, said Pres. W.M.P. Simandjuntak, quoted by the Organization of Petroleum Exporting Countries' news agency.
  • 01/15/2002 -- FPL plans 1,900 Mw of gas-fired generating capacity
    Electric utility Florida Power & Light Co. proposed building 1,900 Mw of combined cycle gas-fired capacity by 2005 to serve an additional 40,000 consumers and maintain a 20% reserve margin. FPL didn't say when it expected to begin construction or estimate the cost of the proposed plants.
  • 01/15/2002 -- Bison plans $800 million (Can.), insulated bitumen pipeline
    Bison Pipeline Ltd. is planning to build an $800 million (Can.), 516-km pipeline to transport bitumen from the Athabasca oil sands to the Edmonton, Alta., area. The insulated system would be able to ship bitumen with minimal use of diluent.
  • 01/15/2002 -- UBS Warburg to revive Enron trading operation
    UBS Warburg agreed to take over Enron's gas and electric trading operation without paying Enron's creditors any money up front. Louis Gagliardi, analyst with John S. Herold, Stamford, Conn., said winning back lost trading business will be difficult.

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