welcome

energy monitor table of contents

A new era in energy generates new opportunities for flow … 9

Feeling energized about our new focus . . . 12

Long-awaited $14.5m U.S. Energy Bill won’t lower prices now, but may help over the next 5 to 10 years . . . 13

Bill — a mixed blessing — focuses on traditional sources . . . 16

Arctic drilling supporters plot new tactics . . . 17

Voracious China destabilizes world energy market . . . 19

API opens China standards office . . . 20

China and Japan face off over energy . . . 21

Chinese take shortcut to owning household brand names . . . 22

Unocal shareholders approve Chevron takeover . . . 24

European Commission clears Blackstone’s takeover of Acetex . . . 24

EPCOR acquires TransCanada’s interest in TransCanada Power, L.P. . . 24

Noble receives recommendation for OHSAS certification in the North Sea . . . 24

US federal judge allows class action lawsuit against Shell to proceed . . . 25

Mediterranean Resources acquires Italian company and properties . . . 25

Enron announces agreement to settle litigation related to retirement plans . . . 25

Oil & gas, petrochemical industry committed to industrial security progress . . . 25

New study shows most MTBE cleanup costs already covered . . . 25

Hurricane Katrina pushes oil prices above $70 a barrel . . . 26

OPEC raises production ceiling . . . 26

API Monthly Statistical Report for July 2005 . . . 27

Oil & gas profits in line with other industries –– and lower . . . 27

Pipeline from Tengiz to Novorossiisk . . . 29

TransCanada awarded US$181m Mexican pipeline project . . . 29

$74m project to convert oil pipeline to natural gas includes new pipeline . . . 29

ANR Pipeline to add capacity . . . 29

Vicksburg, Texas discoveries . . . 30

CIG begins construction on Raton Basin 2005 expansion project . . . 30

Twentymile Mine to expand production . . . 30

Sahara to build Nigerian oil refinery . . . 30

Egyptian well finds oil . . . 30

Terasen to increase pipeline capacity . . . 31

Greater Gorgon to award contracts . . . 31

Patch sets spud date on Bear Canyon oil and gas prospect in Alberta . . . 31

Chevron Australia to explore basin . . . 31

Quicksilver Resources: A leader in unconventional gas . . . 32

Visit to Quicksilver finds flow technology in use … 32

Duke Energy and Cinergy submit FERC merger application . . . 35

New coalition to promote wind energy development . . . 35

El Paso Corp sells interests in Chinese power plants . . . 35

PPL sells Sundance power plant . . . 35

New Alliant Chief Executive Officer . . . 35

Vegetable oil alternative to bio-diesel . . . 35

Competitive power markets produce $15 billion in savings . . . 36

New ways to use BBL technology . . . 36

Fuel cell keeps power going during Russian blackout . . . 36

Enzymes reduce ethanol costs . . . 36

Thermal North America purchases 10 Trigen DHC systems . . . 36

Wind farms could meet energy needs . . . 37

District heating and cooling can reduce fuel consumption . . . 38

What is district heating?. . . 38

Cogeneration’s time has come . . . 38

U.S. Department of Energy initiatives . . . 39

Renewable methanol a step closer to marketplace . . . 40

Green energy from trash for Georgia Power customers . . . 40

Suncor breaks ground on ethanol plant . . . 40

Power plant expansion in Colombia . . . 40

Azerbaijan-Georgia oil pipeline to install advanced power system . . . 40

GE Energy, Calpine to build power plant in Southern California . . . 41

$10.3 million wind-hydrogen project awarded—the world’s first of its kind . . . 41

Erie shores to add wind capacity . . . 41

New, advanced nuclear plants . . . 41

Wood Group Power keeps energy producers up and running . . . 42