Message-ID: <7462658.1075860860939.JavaMail.evans@thyme> Date: Wed, 23 Jan 2002 07:27:42 -0800 (PST) From: energybulletin@platts.com To: platts@listserv.platts.com Subject: Platts Energy Bulletin Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: energybulletin@PLATTS.COM X-To: PLATTS@LISTSERV.PLATTS.COM X-cc: X-bcc: X-Folder: \Kevin_Hyatt_Mar2002\Hyatt, Kevin\Deleted Items X-Origin: Hyatt-K X-FileName: khyatt (Non-Privileged).pst Platts Energy Bulletin Welcome to Platts Energy Bulletin, a showcase of the top headlines posted on platts.com (http://www.platts.com) over the past 24 hours. To view this file in html, open the attachment at the bottom of this email. For Platts Premium customers go to www.einsight.com (http://www.einsight.com) to pick up your Platts Energy Insight subscription. Your password and login remain the same. If you no longer wish to receive this email, instructions for unsubscribing can be found at the bottom of each issue. We welcome your feedback - send your comments to feedback@platts.com Jan 23, 2002 What's New on platts.com? Platts Enron Report: Read about the implications of Enron's bankruptcy on the financial and energy communities. (http://www.platts.com/features/enron/index.shtml) S&P: US Utilities' Credit Quality Displayed Steep Decline in 2001: The US power industry began 2001 under the dark cloud of the near-total credit collapse of California's two largest electric utilities, and ended with the bankruptcy of Enron Corp, the largest such filing in US history. (http://www.platts.com/risk_management/sandp/analysis.shtml) Futures Round-up NYMEX: Crude to open higher on short covering NYMEX March crude oil is called to open 26 cts higher at $19.24/bbl Wednesday. March Brent is called to open 26 cts higher at $19.00/bbl. February heating oil is called to open 59 pts higher at 52.00 cts/gal, and February unleaded gasoline is called to open 71 pts higher at 55.50 cts/gal. IPE Brent Focus: IPE Brent crude firms ahead of API stats release Front-month March stood at $19.08/bbl at 1039 GMT, up 33 cts from Tuesday's settlement having begun trading at $18.86/bbl, the low of the day so far. April showed similar gains. News Round-up Click on the headlines below or paste the URLs provided in your internet browser to see the full story. ADVERTISEMENT: Platts Global Energy Jobs Board and Resume Bank: Created in partnership with the Energy Jobs Network, the Jobs Board gives you access to a pool of job seekers and open positions across the energy industry. It's free for all job seekers, and there is a range of packages for employers posting jobs. (http://www.energyjobsnetwork.com/home.asp?code=platts) OIL: UK's BG makes revised offer for Enron India E+P assets UK's BG Group Wednesday announced a revised agreement to buy Enron Oil & Gas India Limited for $350-mil, 10% less than the $388-mil price tag attached to its first bid for the company in October last year. (http://www.platts.com/archives.shtml#58026) NATURAL GAS: US senator favors federal role in developing Alaska pipe Unveiling his Democratic alternative to the Bush energy plan, US Senator John Kerry (Democrat-Massachusetts) Tuesday said the federal government must play a role to help develop a pipe to bring gas from Alaska to the lower-48 states. (http://www.platts.com/archives.shtml#58008) PETROCHEMICALS: Texas MTBE plant owner EOTT sees share price plunge Shares of EOTT Energy Partners LP plunged Tuesday after the company, whose general partner is an Enron subsidiary that owns more than a third of the company's stock, Monday issued disappointing Q4 2001 results. (http://www.platts.com/archives.shtml#58013) ADVERTISEMENT: Platts Buyers' Guide: One online place for the electric power industry to search, compare and find the products and services you need. Click to add your listing. (http://www.mediabrains.com/client/platts/bg1/search.asp) ELECTRIC POWER: French ministers favor faster power market opening Senior French government ministers favor a faster opening of the French power market, Industry Secretary Christian Pierret said Jan 22. (http://www.platts.com/archives.shtml#58030) NUCLEAR: ITC sides with USEC in LEU trade case The US ITC handed USEC a victory Jan 22, affirming duties on low-enriched uranium (LEU) exported to the US by USEC Inc's rival enrichers, Eurodif-Cogema of France and the British-Dutch-German consortium Urenco. (http://www.platts.com/archives.shtml#58007) Want more information on Platts products? Browse the Platts Infostore at http://www.platts.com/mhe_infostore/cgi-bin/infostore. 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