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Jan 17, 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)

Gas M+A Review 2001: A Platts review of mergers and acquisitions in the gas
industry. (http://www.platts.com/features/2001mergers/index.shtml)



Futures Round-up
NYMEX: Crude opens slightly higher
NYMEX February crude oil opened 19 cts higher at $19.05/bbl Thursday.
February heating oil opened 39 pts higher at 53.60 cts/gal and February
unleaded gasoline opened 5 pts higher at 55.90 cts/gal.

IPE Brent Focus: Firmer on NYMEX products gains
By 0835 GMT, March Brent was actively traded between $19.15-19.16/bbl, 12-13
cts/bbl higher than Wednesday's settle of $19.03/bbl.

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

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(http://www.energyjobsnetwork.com/home.asp?code=platts)



OIL:
Nigeria limiting crude contracts to meet OPEC quota:NNPC
Nigeria's state-owned NNPC has started "rationalizing" its existing crude
supply contracts as a way of complying with its new OPEC quota of 1.78-mil
b/d, NNPC's head of crude marketing E M Ajanaku said Thursday.
(http://www.platts.com/archives.shtml#57829)

NATURAL GAS:
French economy minister backs GdF, EdF privatization
France's economy minister Laurent Fabius Thursday backed again privatization
of Gaz de France (GdF) and Electricite de France (EdF), the state-owned
energy companies. (http://www.platts.com/archives.shtml#57830)

PETROCHEMICALS:
Shell confirms start-up of new Pernis glycol ethers plant
Shell has started up its new propylene oxide glycol ethers plant at Pernis,
the Netherlands, the company confirmed Wednesday.
(http://www.platts.com/archives.shtml#57821)

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search, compare and find the products and services you need. Click to add
your listing. (http://www.mediabrains.com/client/platts/bg1/search.asp)


ELECTRIC POWER:
EU minimum market opening share dips below 30%
The European Commission Thursday set the minimum opening of the EU
electricity market for 2002 at 29.56%, EU sources said.
(http://www.platts.com/archives.shtml#57831)

NUCLEAR:
Plan for another Finnish reactor gets boost
Building a fifth Finnish nuclear reactor got a boost from the government's
Cabinet Finance Committee when it met today in Helsinki, with members
favoring a new unit. (http://www.platts.com/archives.shtml#57795)

COAL:
Walter Resources signs national agreement
US' Jim Walter Resources has signed on to the new National Bituminous Coal
Wage Agreement ratified Dec 21 by the United Mine Workers of America
rank-and-file. (http://www.platts.com/archives.shtml#57798)

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