Archive of: Oil & Gas Articles

Issue

Title

Breaking News 2013

Official: Competing apps could slow project

A state official says competing applications to provide natural gas distribution in North Pole could slow a liquefied natural gas trucking plan.

Breaking News 2013

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 2013

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.

June Issue 3 2013

Major spill response drill held at Valdez oil terminal

A two-day oil spill containment and cleanup drill at the Valdez Marine Terminal took place June 12-13.

June Issue 3 2013

Gov signs royalty oil deal for Flint Hills refinery

Flint Hills Resources has a guaranteed supply of state royalty oil for its refinery at North Pole, east of Fairbanks in Alaska’s Interior.

Hilcorp boosts Inlet oil by 36%, triples gas output June Issue 3 2013

Hilcorp boosts Inlet oil by 36%, triples gas output

Hilcorp Energy has been able to increase its Cook Inlet oil production by 36 percent to approximately 9,700 barrels per day since January 2012, company officials told Anchorage Mayor Dan Sullivan and a municipal energy task force June 5.

June Issue 3 2013

Hilcorp working on deals with gas utilities through 2017

Hilcorp Alaska Vice President John Barnes said natural gas contracts are now being discussed that will supply gas to the utilities through 2017.

June Issue 3 2013

Interior Dept. may have draft rules for Arctic by year-end

The U.S. Interior Department plans to have a draft of new rules to regulate Arctic offshore exploration completed by the end of the year, Acting Assistant Secretary for Lands and Minerals Tommy Beaudreau said on June 6 during a meeting in Anchorage.

June Issue 3 2013

Buccaneer Energy eyes subsea system for Cosmo prospect

Independent oil and gas explorer Buccaneer Energy would prefer a subsea production system for the development of Cosmopolitan, an oil and gas deposit the company is now testing in Cook Inlet.

June Issue 3 2013

Fairbanks gas territory up for grabs as LNG plan advances

A competition has emerged between Fairbanks Natural Gas Co. and the Interior Alaska Natural Gas Utility over who will serve the Fairbanks North Star Borough with natural gas.