Platts Energy Bulletin

The daily Energy Bulletin is a showcase of the top headlines posted on
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html, open the attachment at the bottom of this email. We welcome your feedback
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be found at the bottom of each issue.

February 13, 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)

S&P Update: Mergers and Acquisitions Affecting Credit in the North American
Energy Sector (http://www.platts.com/risk_management/sandp/analysis.shtml)

ENERGY INSIGHT:
(for Platts Premium Customers)
Pipelines: the key to Japan's energy supply concerns?
Energy security is one of the celebrated "Three Es" of Japanese energy policy,
along with economic growth and environmental protectionism. Indeed it scarcely
seems possible to have a discussion in Japan on any aspect of energy without it
being viewed in the context of energy security. And, when it comes to discussion
of developing gas pipelines to promote regional energy interdependence in
Northeast Asia, it is scarcely surprising that energy security issues are very
much at the forefront of Japanese thinking. (http://www.einsight.com)

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Energy Jobs Network, the Jobs Board gives you access to a pool of job seekers
and open positions across the energy industry. It's free for all job seekers,
and there is a range of packages for employers posting jobs.
(http://www.energyjobsnetwork.com/home.asp?code=platts)

Futures Round-up

NYMEX: Crude to open lower following the DOE report
March crude oil is called to open 8 cts lower at $20.65/bbl. The DOE also
reported a build in gasoline stocks of 1-mil bbl, lower than the 1.6-mil bbl
build reported by the API. March unleaded gasoline is called to open 64 pts
lower at 59.55 cts/gal. The DOE reported a build in distillate stocks of
200,000, also lower than the 604,000 bbl build reported by the API. March
heating oil is called to open 30 pts lower at 54.30 cts/gal.

IPE Brent Focus: IPE Brent sees only modest losses despite API builds
Front-month March futures, which expire later Wednesday, stood at $20.36/bbl at
1041 GMT, 10 cts below Tuesday'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:
Shell Australia launches national terminal gate pricing
Shell Australia Wednesday unveiled what it said was Australia's first national
terminal gate pricing system for bulk fuels.
(http://www.platts.com/archives.shtml#58889)

NATURAL GAS:
US won't reach 30 Tcf of demand by 2010: analyst
The US eventually will reach the 30 Tcf/year of gas demand that has become the
"poster figure" for the industry, but it will take longer than initially
predicted thanks to the price spikes of last winter and the current economic
downturn, a Virginia-based analyst said Tuesday.
(http://www.platts.com/archives.shtml#58886)

PETROCHEMICALS:
Rationalization "road to survival" for Euro petchems: Chem Systems
The survival of the European Petrochemicals industry depends more on
rationalization than consolidation, according to Nexant/Chem Systems consultant
Richard Sleep. (http://www.platts.com/archives.shtml#58909)

Advertisement:
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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
information service, updated daily as companies enter the market, merge or
change their product/service offerings.
(http://www.mediabrains.com/client/platts/bg1/search.asp)

ELECTRIC POWER:
Regulations, scrutiny of market likely in Enron's wake
Top energy marketing officials Tuesday said that additional scrutiny from rating
agencies and regulators can be expected as a result of the Enron debacle, but in
the end power trading will be a stronger industry.
(http://www.platts.com/archives.shtml#58876)

NUCLEAR:
Utilities to meet with DOE on HEU role
Senior officials from Exelon, Duke Energy, and Entergy are expected to meet this
Thursday with senior DOE officials to discuss what role utilities might play as
a second US executive agent under the US-Russian high-enriched uranium (HEU)
agreement, according to several sources.
(http://www.platts.com/archives.shtml#58883)

COAL:
Germany to scrap brown coal protection clause: paper
German Economics Minister Werner Muller is planning to scrap the so-called
"brown coal protection clause," that allows eastern German grid operators to
deny access to companies seeking to transport power from other sources through
their grids. (http://www.platts.com/archives.shtml#58908)

BANDWIDTH:
AT&T deploys intelligent optical network; upgrade targets next generation
carriers
Using gear from Ciena Corp and Cisco Systems Inc, AT&T Corp has turned up an
intelligent optical network serving more than 40 US cities.
(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:

"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)

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,
profits, earnings per share, and return on invested capital--for firms with
assets exceeding $2 billion. Data were supplied by Standard & Poor's, a unit of
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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