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
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February 28, 2002

What's New on platts.com?
Green Certificates: A developing market: Green certificates are increasingly
seen by governments around the world as a means to support renewable energy
production. Read about the different schemes in place around the world.
(http://www.platts.com/features/greencertificates/index.shtml)

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)



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Futures Round-up

NYMEX: Products to open higher, focus on expiration
NYMEX April crude oil is called to open 16 cts higher at $21.45/bbl Thursday.
April Brent is called to open 24 cts higher at $21.09/bbl. March heating oil is
called to open 61 pts higher at 56.00 cts/gal and March unleaded gasoline is
called to open 90 pts higher at 59.30 cts/gal.

IPE Brent Focus: IPE Brent crude finds renewed strength Thursday
At 1109 GMT, front-month April Brent stood at $21.19/bbl, up from Wednesday's
close at $20.85/bbl. Prices remained stable following Wednesday's move higher on
the back of bullish US DOE statistics. Prices drifted lower Wednesday having
reached a high $20.32/bbl, but futures remained firm in early business Thursday.



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

OIL:
OPEC's Lukman, Rodriguez to head to Moscow Sunday
OPEC's two top officials are set to travel to Moscow Sunday to ask Russia to
maintain its oil export curbs through the second quarter alongside the
producers' cartel and four other independent producers, an OPEC spokesman said
Thursday. (http://www.platts.com/archives.shtml#59512)

NATURAL GAS:
German Cartel Office blocks E.ON takeover of Bergemann
Germany's cartel office has prohibited energy giant E.ON's takeover of gas
intermediary Bergemann, blocking the utility's goal of gaining ultimate control
of Germany's leading intermediary, the cartel office said Thursday.
(http://www.platts.com/archives.shtml#57291)

PETROCHEMICALS:
Japan exhausts 65% of GSP polymer import quota: MoF
With just two months left in fiscal 2001 (Apr 1, 2001 to Mar 31, 2002), Japan as
of January has exhausted 65% of its annual import quota for polymers subject to
preferentially low tariffs under the WTO's Generalized System of Preferences
scheme, an official at the Ministry of Finance said Thursday.
(http://www.platts.com/archives.shtml#59493)

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ELECTRIC POWER:
IPE considering suspension of UK power baseload futures
The UK's International Petroleum Exchange is to consider suspending its UK
electricity baseload futures contract due to low volumes, it said Thursday.
(http://www.platts.com/archives.shtml#57305)

NUCLEAR:
Few technical agreements on Yucca Mt. repository require long-term testing, DOE
says
Only eight of the 293 technical agreements DOE has with NRC would require
long-term confirmatory tests at a repository at Yucca Mountain, Nevada, DOE's
April Gil said Thursday. (http://www.platts.com/archives.shtml#59485)

COAL:
EEI: Streamline power plant permitting
Edison Electric Institute's Alliance of Energy Suppliers is now offering a
series of guidebooks to "help developers save time and money in gaining state
approval for permitting a fossil fuel power plant."
(http://www.platts.com/archives.shtml#59488)

BANDWIDTH:
Enron, Williams, Montana Power partnership dealt extensively in swaps to build
fiber network
Anxious to accelerate its entry into the broadband arena, Enron Corp in
September 1997 formed a partnership with the telecommunications units of The
Williams Companies and Montana Power Co that set out to swap its way into
building the western segment of what would eventually grow into a nationwide
network. (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)



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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,
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The McGraw-Hill Companies, New York, from its Compustat data base.
(http://www.platts.com/business/issues/0201/0201geb_top250.shtml)



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