Platts energy Bulletin

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
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February 8, 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 Energy Security: Consortium finds eager market For INEEL security technology.
(http://www.platts.com/features/ussecurity/)

ENERGY INSIGHT:
(for Platts Premium Customers)
Reliability drives transmission system improvements
While energy companies outwardly seem to exhibit a collective version of Nero:
fiddling while much of the nation's transmission system sags, individual
companies are spending significant sums to take some of the strain off
particular soft spots. (http://www.einsight.com)

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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, still range-bound
NYMEX March crude oil is called to open 21 cts higher at $19.85/bbl Friday.
March Brent is called to open 23 cts higher at $19.45/bbl. March heating oil is
called to open 66 pts higher at 52.60 cts/gal and March unleaded gasoline is
called to open 38 pts higher at 57.35 cts/gal.

IPE Brent Focus: IPE Brent crude higher on technical strength
Front-month March futures stood at $19.46/bbl at 1105 GMT, 25 cts higher than
Thursday's settlement, while April had ticked 24 cts higher at the same time.

News Round-up
Click on the headlines below or paste the URLs provided in your internet browser
to see the full story.

OIL:
Oil market calm as OPEC cuts begin to bite: IEA
Sentiment in the oil market remained calm as OPEC cuts began to take effect, but
with little help from key non-OPEC producers, the International Energy Agency
said Friday. (http://www.platts.com/archives.shtml#58751)

NATURAL GAS:
Alaska proposes tax-free bonds for gas pipeline
Alaska Governor Tony Knowles Thursday was expected to propose that a pipeline to
transport natural gas from Alaska through Canada to the US Lower 48 be financed
using tax-free bonds issued by the Alaska Railroad Corp, a spokesman for the
governor said. (http://www.platts.com/archives.shtml#58725)

PETROCHEMICALS:
Bayer, ICI options to trade on Philadelphia exchange
Options for chemical manufactuing companies Bayer AG and ICI PLC will begin
trading on the Philadelphia Stock Exchange Friday, the exchange announced
Thursday. (http://www.platts.com/archives.shtml#58731)

Advertisement:
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products and services needed worldwide by companies involved in the generation
and delivery of electric power and its related services. It is a dynamic
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change their product/service offerings.

ELECTRIC POWER:
Philippines faces setback in Enron plants buyout talks
The Philippines Private Sectors Assets and Liabilities Management Corp's
negotations with bankrupt US firm Enron to buy out its two power plants in the
Philippines had suffered a setback, a Department of Energy official said Friday.
(http://www.platts.com/archives.shtml#58743)

NUCLEAR:
UK government urged to make ?clear statement? on nuclear power
The UK government should make a ?clear statement? on nuclear?s future "as
quickly as possible," House of Commons' Trade & Industry Committee Chairman
Martin O'Neill told a press conference Feb 7.
(http://www.platts.com/archives.shtml#58724)

To see the past five day's headlines posted on platts.com
go to Platts archives (http://www.platts.com/archives.shtml).

Upcoming Events:

"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)

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