Archive of: Oil & Gas Articles



Breaking News 2014

Coast Guard detains cargo ship in Valdez

A foreign cargo ship has been ordered by the Coast Guard to remain in Valdez until it deals with containers leaking oil onto the vessel.

Breaking News 2014

BP announces $1B plan for North Slope work after tax reform

BP announced June 3 it is planning $1 billion in new investment and two drilling rigs to its Alaska North Slope fields over the next five years due to changes in the state’s oil tax policy signed into law recently by Gov. Sean Parnell.

December Issue 5 2013

Borough-owned utility awarded Fairbanks gas distribution

The tug-of-war over natural gas distribution in the Fairbanks area ended Dec. 20 when the Interior Gas Utility was awarded a large service area in Fairbanks and North Pole by the Regulatory Commission of Alaska.

December Issue 5 2013

State wants out of AGIA license with TransCanada

The State of Alaska is seeking to terminate its Alaska Gasline Inducement Act license agreement with TransCanada Corp., one of the companies working on a large Alaska natural gas pipeline and liquefied natural gas project, a state official state Commissioner of Natural Resources Joe Balash said Dec 22.

December Issue 5 2013

BP ad: Gulf settlement officials resigned for inappropriate behavior

NEW ORLEANS (AP) — Two former top officials at the settlement program for compensating victims of BP’s 2010 Gulf oil spill say their recent resignations had nothing to do with the company’s allegations that they frequented a New Orleans strip club that received a settlement award.

Progress made on LNG line, but key benchmark missed December Issue 5 2013

Progress made on LNG line, but key benchmark missed

North Slope producing companies and TransCanada Corp. continued work on a large natural gas pipeline and liquefied natural gas export project in 2013, making significant achievements but failing to reach a key benchmark for Gov. Sean Parnell that the companies have a formal agreement among themselves as to how the project is to be structured.

ConocoPhillips applies for export license to restart LNG plant December Issue 4 2013

ConocoPhillips applies for export license to restart LNG plant

ConocoPhillips Alaska Inc. has filed an application with the U.S. Department of Energy to resume LNG exports from Alaska, a company spokeswoman said Dec. 12.

December Issue 4 2013

AJOC EDITORIAL: Budget reflects Dems’ worst nightmare: reality

State Democrats should be thanking Gov. Sean Parnell after he released his proposal for the fiscal year 2015 budget.

December Issue 4 2013

GUEST COMMENTARY: Alaska needs to be front, center in US energy production

In October, our nation reached a little noticed but significant milestone: America’s production of oil in America by Americans exceeded imports for the first time in nearly 20 years.

December Issue 4 2013

Construction ramping up for CD-5 oil project

Things are getting busy at the Alpine oil field on the North Slope.