Archive of: Featured Articles, Oil & Gas, Oil & Gas Articles

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September Issue 2 2012

Shell halts Chukchi Sea drilling

Royal Dutch Shell on Monday was moving its drill ship off a prospect in the Chukchi Sea, a day after drilling began 70 miles off the Alaska coast because sea ice was moving toward the vessel.

September Issue 2 2012

Shell finally turns a drill bit in the Arctic offshore

After years of delay and almost $5 billion spent, Shell has a drill bit turning in the Alaskan Arctic offshore.

September Issue 2 2012

BP selling some Gulf oil properties for $5.55B

BP PLC is selling some deep-water Gulf of Mexico oil and gas properties to Texas-based Plains Exploration & Production Co. for $5.55 billion.

September Issue 2 2012

Statoil delays oil exploration in Alaska Arctic

A Norwegian oil and gas company is delaying its plans for exploration in Alaska's Arctic.

September Issue 2 2012

Oil rises as jobs report gives fuel to Fed hopes

The price of oil finished higher Friday as concerns about a disappointing U.S. employment report gave way to the likelihood of action by the Federal Reserve.

Vitus bringing competition to Alaska September Issue 2 2012

Vitus bringing competition to Alaska

The scrappy entrepreneurs who organized last winter’s emergency shipment of fuel through frozen seas to Nome are at it again.

September Issue 2 2012

Summit to showcase Valdez as best for Alaska LNG exports

A two-day conference in Valdez will explore the potential for developing and marketing Alaska’s liquefied natural gas.

September Issue 2 2012

EPA OKs air permit revision for Noble Discoverer

Royal Dutch Shell PLC has received permission to operate its drill ship in the Chukchi Sea under a temporary revision to its air permit, clearing another hurdle in its quest to drill exploratory oil wells in the Arctic Ocean this year.

September Issue 2 2012

UAF research focused on future of Arctic development

Gaps in knowledge are a target for University of Alaska Fairbanks research, says Mark Myers, vice chancellor for research at the University of Alaska Fairbanks.

September Issue 2 2012

Shell drillship ready to work at Chukchi Sea

Shell’s drillship Noble Discoverer is in the Chukchi Sea and was preparing to begin site preparation for drilling at the company’s Burger prospect on Sept. 6 or 7, company officials said.