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 7, 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)

Nuclear M&A review 2001: A review of the mergers and acquisitions in the nuclear
industry. (http://www.platts.com/features/2001mergers/nuclear.shtml)

Quote of the Day: A selection of industry/OPEC viewpoints.
(http://www.platts.com/quote.shtml)


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Energy Jobs Network, the Jobs Board gives you access to a pool of job seekers
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(http://www.energyjobsnetwork.com/home.asp?code=platts)

Futures Round-up

NYMEX: Crude to open lower, continued product weakness
NYMEX March crude oil is called to open 20 cts lower at $19.58/bbl Thursday.
March Brent is called to open 20 cts lower at $19.07/bbl. March heating oil is
called to open 39 pts lower at 52.40 cts/gal and March unleaded gasoline is
called to open 20 pts lower at 56.90 cts/gal.

IPE Brent Focus: IPE Brent crude tests $19/bbl in early trading Thursday
IPE Brent futures slipped closer towards the psychological $19/bbl support level
in open outcry dealing Thursday. March Brent began ETS out-of-hours business at
$19.25/bbl, the high of the day so far, but slowly ticked lower and started open
outcry at 1002 GMT trading at $19.10/bbl, 21 cts off from Wednesday'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:
World oil prices face another volatile year: Shell
World oil prices will continue to be volatile this year as OPEC faces weak
demand for oil and loses more market ground to non-OPEC producers, Shell's group
managing director Paul Skinner said Thursday.
(http://www.platts.com/archives.shtml#58711)

NATURAL GAS:
Gas pipeline delays add to Thai, Malay fuel import costs
Malaysia and Thailand are incurring more fuel import costs than expected due to
a 20-month delay in the construction of the 350-km Thai-Malaysian natural gas
pipeline from the Joint Development Area in the Gulf of Thailand, JDA equity
sources said Thursday. (http://www.platts.com/archives.shtml#58703)

PETROCHEMICALS:
US plastics converters get squeezed, mergers loom
Plastics processors -- the middle men in the petrochemical-plastics chain -- are
getting squeezed by upstream resin supplies, and by downstream buyers.
(http://www.platts.com/archives.shtml#58681)


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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:
California PX refunds could be up to $490-mil
California consumers could be eligible for refunds of as much as $490-mil or as
little as nothing for sales made between Oct 2, 2000, and Jan 31, 2001, through
the now defunct California Power Exchange, according to a Southern California
Edison analysis filed with federal regulators Feb 4.
(http://www.platts.com/archives.shtml#58684)

NUCLEAR:
EC clears waste managment project for UK Sizewell-A nuke
The European Commission has approved a radioactive discharge and waste
management project at the UK's Sizewell-A nuclear power station, sources said.
(http://www.platts.com/archives.shtml#58706)

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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