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Archive of: Oil & Gas Articles

Title Issue

Shell restarts work in Chukchi; Apache takes delivery of rig

Shell has resumed work at the Burger-A exploration well in Chukchi Sea off Alaska’s northwest coast.

September Issue 5 2012

House defies veto threat to quash Obama coal, gas rules

WASHINGTON (AP) — House Republicans voted Sept. 21 to cramp President Barack Obama’s environmental policies in favor of increased coal production, in a parting jab before returning home to campaign. The bill would bar the Environmental Protection Agency from restricting greenhouse gases, quash stricter fuel efficiency standards for cars and give states control over disposal of harmful coal byproducts.

September Issue 5 2012

Apache announces 'pause' in work near Ninilchik

Apache Corporation has called a "pause" in its Ninilchik-based three-dimensional seismic work, halting a much-needed economic boost locals welcomed.

September Issue 4 2012

Buccaneer: No living invasive species on rig

Buccaneer Energy officials say a preliminary report generated by an independent biologist shows there is no risk of invasive species on the Endeavour-Spirit of Independence jack-up rig currently stationed near Homer in Kachemak Bay.

September Issue 4 2012
Officials: EPA fuel regs will raise cruise costs 70 percent by 2015

Officials: EPA fuel regs will raise cruise costs 70 percent by 2015

Another major headache is confronting cruise companies operating to Alaska. New U.S. Environmental Protection Agency offshore emissions rules for ocean vessels in U.S. coastal areas effective that went into effect Aug. 1 have raised fuel costs by about 40 percent for cruise ships operating to Alaska.

September Issue 4 2012

TransCanada encouraged by interest in project

A spokesman for TransCanada Corp. says the company is encouraged by the results from its recent solicitation of interest in an Alaska natural gas project.

September Issue 4 2012

Buccaneer Energy starts drilling on new Kenai

After a very rainy July we have had a better August here in Anchorage. The markets also perked up this past month as stocks gained 2.3 percent in the U.S. That puts the S&P 500 up 13.5 percent year to date. Overseas the EAFE index of developed countries gained 2.7 percent and emerging equity markets lost 0.3 percent in August. European equities have snapped back on hopes of an ECB bond buying rescue package for Spain and others. Greece still looks like a goner to us.

September Issue 4 2012

Shell gives up completing wells, continues prep

Shell has given up drilling to hydrocarbon depths on its Chukchi Sea and Beaufort Sea exploration wells this year following damage to an undersea spill containment dome during tests in Puget Sound.

September Issue 4 2012

Parnell withdraws state cooperation in NPR-A land planning

Alaska Gov. Sean Parnell has withdrawn the state as a “cooperating agency” with the U.S. Bureau of Land Management on National Petroleum Reserve-Alaska issues.

September Issue 4 2012

Russia, Japan agree to move ahead on $13B LNG project

VLADIVOSTOK, Russia (AP) — Russia and Japan are putting energy cooperation ahead of a longstanding territorial dispute as they move ahead with a long-awaited liquefied natural gas project in this far eastern seaport.

September Issue 4 2012
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