Message-ID: <13067597.1075860867287.JavaMail.evans@thyme> Date: Fri, 22 Feb 2002 07:11:33 -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 22, 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) 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 lower, price slippage to continue NYMEX April crude oil is called to open 7 cts lower at $20.88/bbl Friday. April Brent is called 5 cts lower at $20.30/bbl. March heating oil is called to open 44 pts lower at 54.50 cts/gal and March unleaded gasoline is called to open 31 pts lower at 58.05 cts/gal. IPE Brent Focus: IPE Brent crude unchanged in lacklustre end to week Front-month April Brent stood at $20.37/bbl at 1102 GMT, unchanged from Thursday's settlement, and 5 cts shy of the $20.33/bbl low reached earlier in the session Friday. News Round-up Click on the headlines below or paste the URLs provided in your internet browser to see the full story. OIL: Total North Sea liquids output to rise 2% in 2002: study Total output of oil, condensate and natural gas liquids from the North Sea is likely to rise 2% this year to 6.19-mil b/d, with a rise in UK output offset by Norway's decision to curb its output during the first half of the year, analysts Wood Mackenzie said Friday. (http://www.platts.com/archives.shtml#59285) NATURAL GAS: Industry, FERC must work together after Enron: Brownell The US Federal Energy Regulatory Commission is "driven" to advance gas markets and get the industry out from under the cloud of recent "disasters," such as the collapse of Enron, Commissioner Nora Mead Brownell said Thursday before the Natural Gas Roundtable, a Washington industry group. (http://www.platts.com/archives.shtml#59252) PETROCHEMICALS: TotalFinaElf chief faces strikes over 1,700 job cuts TotalFinaElf chairman Thierry Desmarest faced strikes and demonstrations over plans for 1,700 job cuts, during his visit Friday to Gonfreville refinery and petrochemical comple in Normandy, France, trade union representatives said Friday. (http://www.platts.com/archives.shtml#59283) 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) ELECTRIC POWER: NERC board decides against setting business standards The North American Electric Reliability Council's board of trustees Wednesday voted to withdraw from competition over which industry body will be responsible for establishing businesses practices for the wholesale power market. (http://www.platts.com/archives.shtml#59253) NUCLEAR: French Socialists pledge not to raise nuclear capacity French Socialists have pledged not to raise nuclear generating capacity as part of an energy policy platform adopted for the upcoming presidential and legislative elections, officials said. (http://www.platts.com/archives.shtml#59240) COAL: University of Georgia to send out RFP The University of Georgia in the US expects to solicit in the next few days for bids to supply 18,000 tons, with an option for an additional 3,000 tons, of stoker coal to the Athens campus in 2002-2003. (http://www.platts.com/archives.shtml#59262) BANDWIDTH: Storm blows over, as it files for bankruptcy in UK; carrier will liquidate its network assets Telia International Carrier chief executive Erik Heilborn predicted a rationalization of the European market in an interview with BMR Wednesday, and like clockwork, another carrier folded. (http://www.platts.com/bandwidth/index.shtml) 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) 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. For information on how to advertise on the Platts Energy Bulletin or on platts.com contact josie_parnell@platts.com. To unsubscribe from the Energy Bulletin, please click here and complete the 'UnSubscribe" form. (http://platts1.platts.com/cgi-bin/register/register.cgi?submit=UnSubscribeForm) You should receive a response telling you that you have been unsubscribed. If you are experiencing problems, email us at feedback@platts.com.