Message-ID: <9153476.1075860867685.JavaMail.evans@thyme> Date: Tue, 26 Feb 2002 07:02:25 -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 The daily Energy Bulletin is 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. We welcome your feedback - send your comments to feedback@platts.com. Instructions for unsubscribing can be found at the bottom of each issue. February 26, 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) US Futures Update: A weekly round-up of the US futures markets. (http://www.platts.com/risk_management/futures/index.shtml) Quote of the Day: A selection of industry/OPEC viewpoints. (http://www.platts.com/quote.shtml) 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) Futures Round-up NYMEX: Crude to open higher, range trading expected NYMEX April crude oil is called to open 13 cts higher at $20.61/bbl Tuesday. April Brent is called to open 9 cts higher at $20.08/bbl. March heating oil is called to open 54 pts higher at 53.05 cts/gal and March unleaded gasoline is called to open 3 pts lower at 56.20 cts/gal. IPE Brent Focus: IPE Brent crude hovers above $20/bbl early Tuesday The April benchmark futures contract had begun open outcry business a few cents off from Monday's close and just shy of the $20/bbl mark, but had found some support thereafter and stood at $20.02/bbl at 1038 GMT, up 5 cts on the day. News Round-up Click on the headlines below or paste the URLs provided in your internet browser to see the full story. OIL: Bush urges 'quick action' by US Senate on energy bill The US Senate needs to take "quick action" on energy legislation it will begin debating this week in order to secure ample domestic supplies of energy, President George W Bush said Monday. (http://www.platts.com/archives.shtml#59362) NATURAL GAS: Analyst: Quarterly production may slide until midyear Raymond James & Associates said Monday it expected declines in US gas production to accelerate during the first quarter of 2002 and continue accelerating downward through mid-2002. (http://www.platts.com/archives.shtml#59371) PETROCHEMICALS: Japan's Unitika and Shin-Etsu merge VAM, PVA units Japan's synthetic fibers producer Unitika Ltd and PVC maker Shin-Etsu Chemical Co plan on May 1 to merge their vinyl acetate monomer and polyvinyl alcohol joint ventures to boost operational efficiency, the companies announced Tuesday. (http://www.platts.com/archives.shtml#59338) Advertisement: Primedia Workplace Learning: Now you can deliver comprehensive, industrial maintenance training to your technicians ? anytime, anywhere. PRIMEDIA Workplace Learning?s Web-based maintenance training features world-renowned NUS Training? content plus powerful records-management tools, saving you both time and money. View our 4-minute online demo: http://216.92.125.24/pri2.htm (http://216.92.125.24/pri2.htm). ELECTRIC POWER: California PUC files to FERC to void power deals As expected, the California Public Utilities Commission filed Monday to federal regulators in an effort to overturn 32 long-term power contracts the state entered into last year with 22 wholesale suppliers. (http://www.platts.com/archives.shtml#59357) NUCLEAR: Energy bill revisions to have limited impact on nuclear industry US Democrats plan to introduce a handful of revisions to nuclear provisions in an amendment to S. 1766, the national energy security bill introduced by Senate Majority Leader Thomas Daschle (Democrat-South Dakota) in December. (http://www.platts.com/archives.shtml#59368) To see the past five day's headlines posted on platts.com go to Platts archives (http://www.platts.com/archives.shtml). Upcoming Events: Platts Policies and Methodology Forum, Platts will hold an open forum to discuss its policies and methodologies on Sunday, March 17 at the Marriott Rivercenter Hotel in San Antonio, Texas. The forum will be held in conjunction with the annual meeting of the National Petroleum Refiners' Association. For further details and to register go to http://www.platts.com/oil/SanAntonioForum/sanantonioforumregister.shtml 4th Annual ELECTRIC POWER Conference & Exhibition, "Where the Operating Companies Meet", Over 10 co-located events, 500 exhibiting companies and 6,000+ attendees. March 19-21, 2002, America's Center, St. Louis, Missouri. Organized by The TradeFair Group, and Sponsored by POWER Magazine and Platts. (http://www.electricpowerexpo.com/currentshow/home.asp) "Grid Business: The Midwest," an Electrical World Roundtable in cooperation with R.J. Rudden Associates and the United States Energy Association. March 20-21, 2002, in St. Louis, Missouri. (http://www.platts.com/gridbusiness/index.html) "Navigating the Perfect Storm: Charting Power Generation Success," the 17th Annual Global Power Markets Conference. March 24-26, 2002, in New Orleans. (http://www.platts.com/electricpower/GPMConf2002/index.shtml) Advertisement: Platts Global Energy Buyers' Guide: The Buyers' Guide encompasses thousands of products and services needed worldwide by companies involved in the generation and delivery of electric power and its related services. It is a dynamic information service, updated daily as companies enter the market, merge or change their product/service offerings. (http://www.mediabrains.com/client/platts/bg1/search.asp) PLATTS' MAGAZINES: Global Energy Business - Top 250 Energy Companies The first annual survey by Global Energy Business of financial performance for leading energy companies worldwide presents year 2000 data--assets, revenues, profits, earnings per share, and return on invested capital--for firms with assets exceeding $2 billion. Data were supplied by Standard & Poor's, a unit of The McGraw-Hill Companies, New York, from its Compustat data base. (http://www.platts.com/business/issues/0201/0201geb_top250.shtml) Want more information on Platts products? Browse the Platts Infostore at http://www.platts.com/mhe_infostore/cgi-bin/infostore. You can also email Platts sales team at info@platts.com or check for the details of your nearest sales representative in our list of Platts offices at http://www.platts.com/about/offices.shtml. To email an editor, click on http://www.platts.com/oil/editorialquestions.shtml?EnergyBulletin. 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