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Holiday note to readers

Shell to take 2Q charge on Enterprise properties

Oil futures jump as hedge funds return as buyers

CFTC sues NRG Energy for reporting false gas trades

What crude & natural gas markets are doing...

Repsol's total reserves up despite downward adjustment on US rules

Consortium takes control of Gaz Metro

Tangguh LNG in supply pact with Posco

JAPAN-OMAN

NORWAY

Shell to sell service station business in Peru

St. Malo partners report successful appraisal well

Weekly EIA gas storage levels (Bcf)

Fresh off court defeat, Yukos hit with new tax bill

EGYPT

Shell sells US transport assets to Buckeye

Platts Petrochemical Intermediatewire

Venezuela's Pequiven ramps up production as gas supply improves

Upcoming conferences, seminars: Asia

JAPAN'S MITSUI CHEMICALS INC

Petkim CEO mulls plans ahead of further privatization attempt

Thai ROC's cracker outage in Q4 to impact 1-mil mt/yr PE output

Russian government to build $500-mil methanol plant

US Gulf Coast spot benzene

New Q3 olefins deals to impact NWE cracker optimization rates

Cefic revises 2005 chemical growth expectations upwards

June Pricescore

GOODYEAR TIRE & RUBBER

US federal court brief contends EPA has authority to regulate CO2

US July benzene CP initial settlement makes new high

Platts Olefinscan

Qatar Petroleum, ExxonMobil look to develop ethane cracker

JAPAN'S SEKISUI CHEMICAL

Formosa to start new PP line in Sep/Aug, depends on C3 avails

European Commission clears joint ventures between Dow, Kuwait PIC

TRINIDAD & TOBAGO HAS

US-BASED AIR PRODUCTS,

Asian PX breaks range-bound pattern, rebounds for August

Philippine PNOC mulls reviving $1.2-bil naphtha cracker project

BRAZIL'S PETROQUIMICA

NYMEX front-month WTI

BELGIUM'S SOLVAY SAID

Brazilian polyethylene demand firms in June, July on seasonal strength

Asian PVC market sentiment turns bearish for August

Indian plastic manufacturers' association seeks polymer duty cut

Initial European July benzene contract settles, up Eur118/mt

National meeting on Energy and Electricity

Mexico monthly gas postings (June, 2004)

Creation of carbon credit market in Brazil

Uruguay and Brazil aim to build 500 kV line

Currency watch (updated 7/2/04)

Brazilian gas index

Cenelca invests in turbine to combat power shortage

Cuba shelves nuclear plans

El Paso purchases UnoPaso

Argentina to lift part of gas restrictions on Chile

Eletronorte sees windfall

Santa Cruz, San Juan more active in energy sector

Grupo Mexico mulls move to US

CTM agrees to substitute pricier fuels for gas

Brazil highlights variety of renewable energy options

Nipsa to deliver energy plan to Paraguayan government

Cemig seeks to sell 72,000 MWh

Editor's Note

Latin American currency and ratings watch (Updated 7/2/04)

RFP for thermal plant at Rio Turbio

Uruguay imports less power on balance from Argentina

Argentine energy supply improves, yet problems persist

Xcel Energy offloads plant

Latin American assets for sale (Updated 7/2/04)

Latin American mergers and acquisitions (Updated 7/2/04)

Gutiérrez backtracks on electricity tax

Provinces make U-turn on hour change

Brazilian policies, regulations and reforms for electricity and gas markets

SAESA to buy power from La Higuera

Eletropaulo completes debt restructuring

Neuquen seeks federal funds for dam

Platts oil assessment averages (June, 2004)

Distributor launches prepayment power service

Aneel approves five generation projects

Crisis worsens in Dominican Republic

Paraguay power consumption rises 7.5%

NORWAY

EGYPT

Shell sells US transport assets to Buckeye

El Paso LNG proposal in deep US Gulf wins air, water permits from EPA

Repsol's total reserves up despite downward adjustment on US rules

China in talks with BP as part of energy security plan

Holiday note to readers

Weekly EIA gas storage levels (Bcf)

GOODYEAR TIRE & RUBBER

Philippine PNOC mulls reviving $1.2-bil naphtha cracker project

Upcoming conferences, seminars: Asia

Russian government to build $500-mil methanol plant

June Pricescore

Formosa to start new PP line in Sep/Aug, depends on C3 avails

QATAR

Shell to take 2Q charge on Enterprise properties

St. Malo partners report successful appraisal well

Tangguh LNG in supply pact with Posco



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