Platts Energy Bulletin

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.

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.

For information on how to advertise on the Platts Energy Bulletin or on
platts.com contact josie_parnell@platts.com.

To email an editor, click on
http://www.platts.com/oil/editorialquestions.shtml?EnergyBulletin

To unsubscribe from the Energy Bulletin, please send an email to
listserv@listserv.resdata.com and type the words UNSUBSCRIBE PLATTS in the body
of your message. You should receive a response telling you that you have been
unsubscribed. If you are experiencing problems, email us at feedback@platts.com.