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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 4, 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) ENERGY INSIGHT: (for Platts Premium Customers) Excess turbines cause problems during economic downturn Renegotiating contract terms between power plant developers and turbine/equipment manufacturers appears to be the most popular way to deal with too many turbines during the economic downturn. (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 lower on profit-taking NYMEX April crude oil is called to open 15 cts lower at $22.25/bbl Monday. April Brent is called to open 15 cts lower at $21.75/bbl. April heating oil is called to open 27 pts lower at 58.60 cts/gal and April unleaded gasoline is called to open 26 pts lower at 70.34 cts/gal. IPE Brent Focus: IPE Brent crude ticks lower on profit taking Light volume selling by locals and the trade pressured prices lower as the benchmark April Brent contract stood at $21.70/bbl at 1045 GMT, 19 cts off from Friday's settlement. News Round-up Click on the headlines below or paste the URLs provided in your internet browser to see the full story. OIL: OPEC "satisfied" Russia will keep cooperating: Lukman OPEC president Rilwanu Lukman said Monday he was satisfied that Russia would continue to cooperate with the organization in efforts to prop up world prices. (http://www.platts.com/archives.shtml#59623) NATURAL GAS: BG International to explore Mediterranean off Spain BG International has been awarded seven exploration concessions totalling 650,000 hectares in the Mediterranean Sea off the Spanish provinces of Tarragona and Castellon, the Spanish government said this weekend. (http://www.platts.com/archives.shtml#59615) PETROCHEMICALS: Japan acetic acid maker Daicel to become holding company Japanese acetic acid maker Daicel Chemical Industries Co plans on Apr 1 to set up a holding company to manage eight new subsidiaries that would be formed by spinning off its various chemical divisions, the company said in a statement Monday. (http://www.platts.com/archives.shtml#59613) 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: Philippines to finalize fuel tax plan by mid-March Philippines' energy department will finalize by mid-March a plan to equalize taxes between indigenous energy sources and imported fuel products, a department official said Monday. (http://www.platts.com/archives.shtml#59600) NUCLEAR: Regulator "forced" Germany's Brunsbuttel nuke closure State regulators "forced" Germany's Brunsbuttel nuclear reactor to shut Feb 18 after operator HEW refused for more than two months after the discovery of a steam release inside the containment, regulators said. (http://www.platts.com/archives.shtml#59620) 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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