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



October Issue 1 2012

Oil price soars on supply jitters

The price of oil rose more than 3 percent Tuesday on concerns about supplies from the Middle East and the North Sea.

Shell hopeful on Arctic drilling despite setback October Issue 1 2012

Shell hopeful on Arctic drilling despite setback

The stars lined up — almost — for Shell Oil to drill exploratory wells this year in waters off Alaska’s north coast.

September Issue 5 2012

Alaska gas line project could cost $65B or more

A liquefied natural gas project in Alaska could cost more than $65 billion and would represent a mega-project of "unprecedented scale and challenge," officials behind the project told Gov. Sean Parnell.

September Issue 5 2012

Shell starts exploratory drilling in Beaufort Sea

Shell Oil says it has begun exploratory drilling in the Beaufort Sea off Alaska's north coast as it continues to drill in the neighboring Chukchi Sea.

September Issue 5 2012

Parnell, Sullivan promote Alaska LNG in Asia

Gov. Sean Parnell and state Natural Resources Commissioner Dan Sullivan have been in Japan and Korea in the last two weeks, drumming up interest in a large Alaska liquefied natural gas project.

September Issue 5 2012

BP signs deal to supply natural gas to Fairbanks utility

North Slope producer BP Exploration Alaska Inc. signed an agreement to supply as much as 23 billion cubic feet per year to Golden Valley Electric Association of Fairbanks for 20 years, Cory Borgeson, the utility’s president and CEO, said Sept. 19.

September Issue 5 2012

Repsol’s drilling bright spot of winter Slope exploration

Repsol E&P USA plans three new Alaska North Slope exploration wells this winter, the company said in an interview Sept. 21. North Slope exploration drilling in expected to be down this winter compared with last year, but Repsol’s continued drilling is a bright spot for the industry.

September Issue 5 2012

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 4 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.