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Energy Central Job Center =09 [IMAGE]=09 [IMAGE] =09 HOME | GAS NEWS | EVENTS | JOBS | BUSINESS CENTERS | DIRECTORIES= | DATA CENTER MONDAY, JANUARY 14, 2002 =09 =09 THIS ISSUE BROUGHT TO YOU BY Do the right energy professionals= have your company's white papers? Gain exposure to thousands by including = them in the industry's most respected information resource - the Energy Cen= tral Research Report Center. Users are able to quickly sort and view all in= cluded documents. Make sure yours is included. To learn how to submit your = white papers, e-mail mjohnson@energycentral.com. http://www.energycentral.c= om/sections/research TOP STORIES Utility Eyes Pipeline to Ship = Gas to Arizona from Wyoming By Ed Taylor, The Tribune, Mesa, Ariz., Jan. 1= 1 Salt River Project and two partners want to build a 300-mile natural gas = pipeline and underground storage complex in western Arizona that would brin= g additional gas supplies to electric power plants in Tempe and Gilbert. = Pakistan to revive Turkmen gas project only when peace in Afghanistan Ja= n 12, 2002 - Agence France-Presse The two-billion-dollar gas pipeline proje= ct from Turkmenistan to Pakistan via Afghanistan will be revived as soon as= peace returns to the war-torn country, Pakistan's petroleum minister said = Saturday. Georgia Public Service Commission Extends Emergency Natural G= as Service By Matthew C. Quinn, The Atlanta Journal-Constitution, Jan. 11 = Eligibility for emergency natural gas service was extended Thursday to an a= dditional 6,000 households in Georgia -- but officials are beginning to won= der how many people actually need the help. Mergers, Acquisitions & Di= vestitures Westcoast says takeover by Duke nearly complete VANCOUVER,= British Columbia, Jan 10 (Reuters) - The British Columbia Supreme Court an= d two regulatory agencies have given their approval to Westcoast Energy Cor= p's planned takeover by Duke Energy Corp., the Canadian company said on Thu= rsday. CNOOC may buy Enron oil field China, Jan 11, 2002 (ChinaOnlin= e via COMTEX) -- The China National Offshore Oil Corp. (CNOOC) is on the ma= rket for an oil field and may purchase one from U.S.-based Enron Corp. = Italian Oil Company Reportedly Plans to Offer Another Bid for Enterprise O= il By Brian O'Connor, Daily Mail, London, Jan. 11 Italy's ENI kept the bid= heat on Enterprise Oil with strong hints that it would come back with anot= her offer. Legislation/Regulation Enron spread the wealth around = Washington WASHINGTON, Jan 12 (Reuters) - Former energy-trading giant Enro= n Corp. not only lavished campaign donations on President George W. Bush, b= ut was one of America's biggest political contributors, spreading money acr= oss both parties on Capitol Hill. THE ENRON COLLAPSE / Scandal could t= aint White House Jan 13 - San Francisco Chronicle As the White House scram= bles to release information about its contacts with energy giant Enron, it = is fighting the perception that the company bought its way into the Bush ad= ministration. Enron Asked Bush Administration for Help Calling Off Ban= kers By Ken Moritsugu, Knight Ridder Washington Bureau, Jan. 12 As Enron C= orp. tried to stave off financial collapse last fall, the company's preside= nt asked a senior Bush administration official to call its bankers, the Tre= asury Department said Friday. U.S. Rep. Waxman seeks more data from En= ron's Lay WASHINGTON, Jan 12 (Reuters) A high-ranking House Democrat on Sa= turday asked Enron Corp. Chairman Kenneth Lay to provide details on communi= cations between the company and its employees last summer regarding the fin= ancial condition of Enron. ADVERTISEMENT Gain the competitive i= ntelligence you need to make informed business decisions. Energy Central's = Operating Plant Experience Code (OPEC) is a must for all aspects of analyzi= ng nuclear power plant performance. Identify causes of poor performance, co= mpare lost generation trends, and set performance criteria! Free trial - vi= sit http://www.energycentral.com/sections/databases/OPEC Gas Prici= ng/Hubs Canadian natgas mostly higher with stronger NYMEX NEW YORK, J= an 11 (Reuters) Canadian spot natural gas prices mostly rose slightly on Fr= iday, taking cues from stronger NYMEX futures trade in some pre-weekend sho= rt covering, industry sources said. U.S. spot natgas falls on weekend = demand, temps SAN FRANCISCO, Jan 11 (Reuters) U.S. spot natural gas prices= traded mostly lower Friday, pressured by lighter weekend energy demand and= mild weather early next week. NYMEX Hub gas ends mixed, fronts up on = short covering NEW YORK, Jan 11 (Reuters) NYMEX Hub gas ended mixed Friday= in moderate trade, with front months lifted by some short covering ahead o= f the weekend despite concerns about excess inventories and a sluggish econ= omy, sources said. U.S. Gas Spot Market Stagnates; Canada Climbs on Su= pply Concerns Jan. 11 (Btu's Daily Gas Wire) The natural gas spot market a= cross the U.S. held relatively unchanged from Thursday's values, according = to traders. Special Offer from this Publisher! Drilling/Exploration = Denver's Delta Petroleum Joins Lawsuit against U.S. over Offshore Drill= ing By Steve Raabe, The Denver Post, Jan. 11 A Denver energy company has s= ued the U.S. government in a dispute over oil and natural gas fields off th= e coast of California. Feds Move to Overturn Calif. Order By DAVID K= RAVETS Associated Press Writer, SAN FRANCISCO, Jan 10, 2002 (AP Online via = COMTEX) -- The Bush administration urged a federal appeals court Thursday t= o overturn a court order blocking oil and natural gas exploration off Calif= ornia's central coast. Futures Natural gas consolidates in rangeb= ound trade Jan 14, 2002 (TradeSignals via COMTEX) -- Natural gas futures = edged higher in Friday's rangebound trade as light short covering support u= nderpinned quiet trade. Pipelines Malaysian, Thai foreign ministe= rs to discuss gas pipeline Monday KUALA LUMPUR, Jan 13, 2002 (AFX-Asia vi= a COMTEX) -- Foreign Minister Syed Hamid Albar will hold talks on Monday wi= th his Thai counterpart Surakiart Sathirathai which will include discussion= s on a controversial gas pipeline project, Bernama news agency reported. = Federal Regulators Begin Rolling Out New Rules Jan 12, 2002 - Cox News = Service Pipeline operators must monitor closely for corrosion and file more= detailed reports on spills and other incidents under new rules adopted by = the federal Office of Pipeline Safety. Rates For more information o= n rate tariffs visit Gas Rate Tariffs [IMAGE] Atlanta Gas Light Co. Se= eks $50 Million Rate Hike By Matthew C. Quinn, The Atlanta Journal-Constit= ution, Jan. 12 Atlanta Gas Light Co. wants to raise its natural gas rates b= y $50.3 million a year. Rigs Baker Hughes-U.S. rig count down 27,= Canada up 134 NEW YORK, Jan 11 (Reuters) The number of rigs searching for= oil and gas in the United States fell by 27 to 856 during the week ending = Jan. 11, according to oil services firm Baker Hughes. General Hou= ston feds collected significant information on Enron By C. Bryson Hull, HO= USTON, Jan. 11 (Reuters) The top federal prosecutor in Houston on Friday sa= id his office had collected a significant amount of information about the c= ollapse of Enron Corp. before being recused from the case because of person= al relationships with employees of the fallen energy trader. More Sout= h Dakotans Ask for Help with Heat Bills By Russ Keen, American News, Aberd= een, S.D., Jan. 11 Even with mild winter weather and lower prices for heati= ng fuels than a year ago, the number of South Dakotans applying for help fr= om the state Low Energy Assistance Program is up 4.5 percent. Accounti= ng Firm of Enron Corp. Admits to Destroying Relevant Documents By Laura Go= ldberg, Houston Chronicle, Jan. 12 Andersen, Enron Corp.'s auditor, said Th= ursday its employees destroyed "a significant but undetermined number" of e= lectronic and paper documents in recent months relating to work it did for = the Houston-based company. Differing Versions in Enron Affair By PET= E YOSTA Associated Press Writer, WASHINGTON, Jan 11, 2002 (AP Online via CO= MTEX) -- Transformed in just one day from the nation's biggest bankruptcy t= o a major political controversy, some of the players in the Enron affair ar= e already giving conflicting versions of who said what to whom. Key da= tes in Enron's collapse Jan 11 - San Francisco Chronicle Enron Corp., form= ed in 1985 and based in Houston, was the largest natural gas merchant in No= rth America and the largest marketer of electricity in the United States be= fore its collapse. Morale falling faster than Enron stock / Enron's ma= ster of disaster Jan 11 - San Francisco Chronicle Enron employees, whose r= etirement plans vanished amid the debris of the energy giant's bankruptcy, = are quietly pointing federal investigators toward the man they think most r= esponsible for the fiasco: former Chief Executive Officer Jeffrey Skilling.= Allegheny Energy Supply Company, Salt River Project and Sempra Energy= Resources Announce Open Season for Proposed Desert Crossing Gas Storage an= d Transportation System PHOENIX, AZ., Jan. 10 /PRNewswire/ The Desert Cros= sing Gas Storage and Transportation System (Desert Crossing) is holding an = Open Season for customers interested in capacity, beginning today and exten= ding through Feb. 8, 2002. Williams Energy Donates $300,000 to Bakersf= ield, Calif.-Area United Way By Erin Waldner, The Bakersfield Californian,= Jan. 11 The United Way of Kern County has more than $300,000 coming its wa= y. Trading/Marketing UBS to Buy Enron Trading Operation By BRAD= FOSS AP Business Writer, NEW YORK, Jan 11, 2002 (AP Online via COMTEX) -- = Enron Corp. took an important step Friday in getting its once-influential e= nergy trading operation running again, as Swiss-owned investment bank UBS W= arburg won the bidding to buy a big part of the ailing company. Deals/= Contracts Indusrial Gas Consumers Complain About Pemex Gas Contract = MEXICO CITY, Jan 11, 2002 (Reforma/Corporate Mexico by Internet Securities,= Inc. via COMTEX) -- Mexico's steel sector and natural gas distributors ask= ed that the Energy ministry cancel Petroleos Mexicanos' (Pemex) natural gas= contracts with industrial consumers once it has recovered its own losses, = reported Mexico City daily Reforma. Kuwait, Qatar, Exxonmobil Sign Gas= Agreement Jan 11, 2002 - Xinhua News Agency Kuwait Petroleum Corporation = (KPC), Qatar Petroleum and ExxonMobil Middle East Gas Marketing Limited on = Friday inked an agreement on key terms of supplying Qatari gas to Kuwait. = Legal Prosecutors Face Tough Challenges in Enron Investigation Ch= icago Tribune, Jan. 11 Government attorneys face major obstacles in their i= nvestigation of Enron Corp., legal experts say, and while prosecution is po= ssible, it could take many months to find evidence of crime. Enron Pro= be Could Complicate UBS Warburg's Attempts to Sell Assets By Melita Marie = Garza, Chicago Tribune, Jan. 12 Even as investment bank UBS Warburg won a b= idding contest for Enron Corp.'s wholesale energy trading business, legal e= xperts said the widening criminal investigation of Enron could complicate t= he bankrupt company's efforts to sell off its remaining assets. People= City Misses Deadline to Hire Boss for Philadelphia Gas Works By Mark= McDonald, Philadelphia Daily News, Jan. 8 Almost a year ago, the Street ad= ministration cut a deal with state regulators: Let us collect more money fr= om Philadelphia Gas Works ratepayers and we'll hire a new CEO by Dec. 31. = Enron CEO Ken Lay resigns from Compaq's board NEW YORK, Jan 11 (Reuter= s) Ken Lay, chief executive of troubled energy giant Enron Corp., stepped d= own from Compaq Computer Corp.'s board of directors on Dec. 31, a spokesman= for the No. 2 personal-computer maker said on Friday. Justice Dept: E= nron Funded Ashcroft By KAREN GULLO Associated Press Writer, WASHINGTON, = Jan 11, 2002 (AP Online via COMTEX) -- Shortly after he was confirmed as at= torney general, John Ashcroft was invited by Enron Corp. Chairman Kenneth L= ay to speak at an exclusive meeting of corporate leaders, Justice Departmen= t officials said Friday. Bush and Enron chief rose out of the same cir= cles of achievement By DEB RIECHMANN Associated Press Writer, WASHINGTON,= Jan 12, 2002 (AP WorldStream via COMTEX) -- President George W. Bush besto= wed the nickname "Kenny Boy" on embattled Enron executive Kenneth Lay back = when the two were up-and-comers in Texas. Pennsylvania Public Utility = Commission Promotes Staffer to Executive Director By David DeKok, The Patr= iot-News, Harrisburg, Pa., Jan. 11 The state Public Utility Commission Thur= sday promoted from within to fill the key position of PUC executive directo= r. New CEO for Enron crude oil marketing unit EOTT HOUSTON, Jan 10 (R= euters) EOTT Energy Partners L.P., a publicly traded limited partnership th= at markets and transports crude oil, said Dana Gibbs has been elected as it= s chief executive officer. Robert Rubin disclosed as an Enron contact = WASHINGTON, Jan 12, 2002 (United Press International via COMTEX) -- A Sen= ate panel probing energy conglomerate Enron Corp.'s sudden collapse sent a = subpoena Friday to Texas Republican Sen. Phil Gramm's wife, Wendy Gramm, pa= nel sources confirmed. Labor/Human Resources BP layoffs first in = oilpatch as lower energy prices force belt-tightening JAMES STEVENSON, CA= LGARY, Jan 10, 2002 (The Canadian Press via COMTEX) -- BP Canada's 100 layo= ffs are the first of 2002 as the oilpatch implements austerity measures to = ride out lower natural gas and oil prices. Enron Misled Employees on S= tock By PETE YOST Associated Press Writer, Jan 12, 2002 (AP Online via CO= MTEX) -- In a pair of e-mails to his employees in August, the chairman of n= ow-bankrupt Enron touted the company's stock and declared that the energy t= rader giant's growth "has never been more certain." Financial U.S= . energy firms reap record profits in 2000--EIA WASHINGTON, Jan 11 (Reuter= s) Bolstered by sharply higher prices for oil and natural gas, profits for = U.S. energy firms set a new record in 2000, soaring 133 percent to $53.2 bi= llion from the prior year, according to a report released on Friday. A= ndersen's future at stake after Enron NEW YORK, Jan 11 (Reuters) - Anderse= n, once the creme de la creme of accounting firms, has been knocked to its = knees after a series of revelations about its audit of bankrupt energy trad= er Enron Corp. National Fuel Seeks Ok to Double Executive Bonus Plan = Jan 13, 2002 - Buffalo News National Fuel Gas Co. is asking its shareholder= s to approve changes in its long-term bonus plan for top executives that co= uld double the amount of money they could earn if the Buffalo-based energy = company does well. Prompted by Enron's Collapse, Administration to Rev= iew Pension, 401(k) Rules By Pamela Yip, The Dallas Morning News, Jan. 11 = Reacting to the Enron debacle, President Bush on Thursday ordered his econo= mic team to undertake a rare review of rules regulating company pensions an= d 401(k) plans. International Bahia Preempts Enron Natgas Sale = Brazil, Jan 11, 2002 (BNamericas.com via COMTEX) -- Brazil's Bahia state go= vernment has received shareholders approval to suspend a shareholders' agre= ement with its partners in local natural gas distributor Companhia de Gas d= a Bahia (Bahiagas), Gazeta Mercantil reported. Gas Transporters Concer= ned over Subsidy Proposal Brazil, Jan 11, 2002 (BNamericas.com via COMTEX= ) -- Newcomers to the Brazilian natural gas transport market have expressed= concern over suggestions that the government may introduce a subsidy to lo= wer the costs of transporting natural gas for thermoelectric power plants. = Gas Natural suffers from rising electricity prices Jan 11, 2002, (Exp= ansion /FT Information via COMTEX) -- Spanish electricity companies Endesa,= Union Fenosa, Hidrocantabrico and Iberdrola were charging a historic high = of 15 eurocents (Pta25) per kilowatt hour of electricity yesterday. Li= nking energy, softwood a mistake, U.S. ambassador tells B.C. DENE MOORE, = VANCOUVER, Jan 11, 2002 (The Canadian Press via COMTEX) -- North America mu= st move away from depending on the Middle East for its energy, U.S. Ambassa= dor Paul Cellucci told members of Vancouver's business community Friday. = If you are an Energy Central News Subscriber and you have checked any = news articles above, selecting the 'Get Articles' button below will deliver= all of the checked articles in one page. This is a convenient way to get e= xactly the news you need - quickly! NEED INFORMATION ON THE POWER= INDUSTRY? ENERGY CENTRAL'S GOT IT! ENERGY CENTRAL DAILY ELECTRIC POWER = NEWS An e-mail news service that delivers every major story every day dir= ectly to your e-mail address. Inquire for corporate and group discount rate= s. sales@energycentral.com JOB CENTER The Job Center provides instant ac= cess to the best employment opportunities and prospective employees in the = energy industry through comprehensive job listings and active resume databa= se. 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