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Enron Mail |
=20 BUSINESS HIGHLIGHTS Enron Japan Enron Japan Closes Its First Yen Based Dubai Crude Oil Swap (11 Oct) This groundbreaking deal involved Enron Japan purchasing 12,500 barrels of = Yen-priced March Dubai swaps from Japanese trading house, Kobayashi Yoko. E= nron Japan purchased the Dubai swaps (Dubai being the marker crude oil in t= he Asian region) in US$ from Enron Singapore and hedged out the FX risk int= ernally, offering the customer a yen-based product which best suited its re= quirements. This deal highlights the large and (as yet) untapped demand amongst Japanes= e trading houses and end users for oil risk management products. During the= 5 months since Enron Japan started its crude and product marketing activit= ies, it has developed relationships with numerous customers that are lookin= g to hedge on the basis of both international and domestic indicies (such a= s the "Japan Crude Cocktail"). Enron Japan is moving very quickly to develo= p the kind of products that customers need by utilizing the whole suite of = Enron Global Markets capabilities.=20 IN THE NEWS In these challenging times, Enron deserves our thanks=20 Houston Chronicle, October 28, 2001 By BILL WHITE=20 Enron and its employees have blessed Houston, and many Houstonians should n= ow take the time to say "thanks" when the company has experienced some high= ly publicized challenges. Enron attracted thousands of great people to Hous= ton and changed Houston's economy forever. The company's management encoura= ged their employees to be active citizens, and those folks responded by mak= ing a big difference in their community.=20 Enron's lead in shaping a nationwide market for electricity gave birth to a= multibillion-dollar new industry, with Houston as its hub. Even while it c= ompeted hard to win in the marketplace, Enron's example helped show other n= atural gas pipeline and trading firms how to move into the even bigger mark= et of electricity This explosive growth attracted bright young people -- and they in turn hel= ped fuel an explosion in residential growth in Houston's downtown. This, in= turn, helped revitalize downtown's retail and restaurant scene. Enron's co= nstruction of a large Class A office tower, still going up, is a milestone = in Houston's growth, an official end to more than a decade of large amounts= of vacant office space.=20 Enron's corporate success reflects the stories of so many of its employees = who have lived the American dream. Enron rewarded innovation, while many fi= rms afraid to alter the old formula wondered why their leadership eroded. Y= ear after year, top executives throughout the country voted Enron our natio= n's most innovative corporation. Enron recognized, even when financial mark= ets do not, that innovative firms are secure enough to accept occasional fa= ilure and the inevitable price of other successes.=20 And so if Enron experiences problems, it will learn from them, just as stro= ng people do. Let's not prejudge Enron's current challenges. The more than = a decade of my life that was dedicated to trying cases against companies wh= o hurt consumers and investors taught me both to insist on the truth but ne= ver to jump to premature conclusions based on a headline or a news story.= =20 Throughout its years of success, Enron folks have never forgotten to find s= o many ways to make the firm's hometown of Houston a better place to live a= nd work. As Enron enters a new phase of its life, let's not forget to expre= ss thanks and steady support.=20 White is a Houston business executive and civic leader and former governmen= t official, with no relationship to Enron WELCOME New Hires EGM - Victor Dvortsov, Brian Murray EIM - Marcus Mays ENA - David Adams, Karen Boehnke, Angela Seaworth, Karen Francis-Kistow, J= ennifer Kirkland Transfers (to or within) EIM - Michael Guerriero NUGGETS & NOTES Portland Bikes to Work In September, the Portland Office participated in the 2001 OREGON BIKE COMM= UTE CHALLENGE sponsored by the Bicycle Transportation Alliance (BTA). BTA = is a non-profit organization working to promote bicycle use and to improve = bicycling conditions throughout the state of Oregon. More than 185 business= es and public agencies across the state and SW Washington registered for th= e competition to see which among them could tally the most bike commutes ov= er the course of the month. Within our category of companies (100-400 empl= oyees), Enron came in first place with a total of 21% office ridership. Th= is was a terrific turnout (second place was under 13% ridership). The Enro= n participants had a blast - we broke into teams to challenge each other wi= th total miles and total trips. A website was created for our teams to tra= ck the number of trips and watch the competition. Overall, Enron participa= nts completed 1113 commutes for a total distance of 4645 miles, saving 258 = gallons of gasoline. Bicycling Magazine recently named Portland "Best Bicy= cling City in North America". Many thanks to Heather Dunton for leading En= ron's participation. EnronOnline Figures Below are the latest figures for EnronOnline as of October 31. *=09Total Life to Date Transactions < 1,620,000 *=09Life to Date Notional Value of Transactions < $ 898 billion Enron Wholesale Services Best Practice Tips IBuyit Delivery Address - Best Practice To prevent delays in receiving orders, delivery address and phone numbers m= ust be provided.=20 IBuyit eProcurement now prompts users to enter this information prior to sh= opping. Click on the link to learn the ins and outs of inputting delivery a= ddress information. <http://home.Enron.com:84/messaging/deliveryaddressscre= en.ppt<. =20 Timesaving Tip: Updating My Settings from the main eProcurement screen eli= minates the need to enter Building, Floor/Room, and Extension within the de= livery address. Corporate Express and Lee are committed to next day delivery. However, if y= ou have questions about your office supply order, contact the appropriate v= endor and provide either the Company Number and Cost Assignment or the Purc= hase Order Number. Corporate Express: 713-853-6294 Lee Stationery and Office Supply Co., David Yee or Faye Hopkins: 713-227-12= 01 LEGAL STUFF The information contained in this newsletter is confidential and proprietar= y to Enron Corp. and its subsidiaries. It is intended for internal use onl= y and should not be disclosed. <Embedded Paintbrush Picture<
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