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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. March 1, 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) Coal Specifications 2002: Read about Platts unified coal pricing methodology for 2002. (http://www.platts.com/coal/guidetospec/index.shtml) Quote of the Day: A selection of industry/OPEC viewpoints. (http://www.platts.com/quote.shtml) ENERGY INSIGHT: (for Platts Premium Customers) Residential time-of-use pricing gains ground Among the many consequences of last year's price spikes in California is a growing conceptual support for real-time residential pricing. Proponents of the idea argue that exposing customers to wholesale price signals provides a potentially powerful load-management tool. (http://www.einsight.com) 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 above key resistance NYMEX April crude oil is called to open 28 cts higher at$22.02/bbl Friday. April Brent is called to open 34 cts higher at $21.69/bbl. April heating oil is called to open 65 pts higher at 57.80 cts/gal and April unleaded gasoline is called to open 89 pts higher at 68.67 cts/gal. IPE Brent Focus: IPE Brent crude firms on technical buying The benchmark April futures contract stood at $21.55/bbl at 1038 GMT, 22 cts above Thursday's settlement, while May traded at $21.45/bbl, 15 cts stronger. "Brent settled above $21/bbl yesterday. The market traded above $21/bbl the previous day (Wednesday), but fell below for the close. News Round-up Click on the headlines below or paste the URLs provided in your internet browser to see the full story. OIL: UK's Apple Oil and Gas makes all-paper bid for Aminex UK-listed explorer Apple Oil and Gas Friday announced an unsolicited, all-paper bid to take over UK-based Aminex and sell all of its assets. (http://www.platts.com/archives.shtml#59560) NATURAL GAS: FERC's Wood offers details of Enron contacts As requested by US House leaders, Federal Energy Regulatory Commission Chairman Pat Wood III on Thursday provided details of his meetings and other contacts with Enron officials dating back to his days at the helm of the Texas Public Utility Commission. (http://www.platts.com/archives.shtml#59538) PETROCHEMICALS: India's NOCIL shuts Mumbai corporate office due to riots India's National Organic Chem Industries has closed its corporate base at Mumbai due to rioting between the country's Hindu and Muslim population, a company source said Friday. (http://www.platts.com/archives.shtml#59554) 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 (TM) 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: Senior EPA official resigns over power-plant policy Eric Schaeffer, director of the US Environmental Protection Agency's Office of Regulatory Enforcement, Thursday resigned from the agency, expressing "frustration" over EPA's enforcement actions against "power companies that have violated the Clean Air Act." (http://www.platts.com/archives.shtml#59531) NUCLEAR: Nuclear phase-out is possible in Belgium The Belgium government is nearing a decision on nuclear phase-out, and is likely to reach a decision on Mar 1, sources close to the deal told Platts. (http://www.platts.com/archives.shtml#59535) COAL: Georgia takes bids for coal The state of Georgia is taking bids to supply 18,000 tons of stoker coal, with an option for an additional 3,000 tons, to the University of Georgia in 2002-2003. (http://www.platts.com/archives.shtml#59532) BANDWIDTH: Asia Global Crossing warns of large losses; says business plan is no longer fully funded For the second time in weeks, Asia Global Crossing Ltd delayed release of its final fourth quarter and year 2001 results, warning that it expects to take large losses and that its auditors will likely "express substantial doubt about the company's ability to continue as a going concern." (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) 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. 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.
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