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



January Issue 4 2013

Endeavor rig could start drilling by spring

KENAI — The Endeavour-Spirit of Independence jack-up rig — idling at dock in Homer since late August — could start drilling after the snow melts, an official with Buccaneer Energy said Jan. 18.

January Issue 4 2013

New Kenai gas find could be approved this year

NordAq Energy is at an advanced stage of permitting for a possible new natural gas development in the Kenai National Wildlife Refuge.

January Issue 3 2013

Final Keystone pipeline decision still months away

Nebraska Gov. Dave Heineman's approval of a revised route for the Keystone XL oil pipeline puts the long-delayed project back in the hands of the federal government.

January Issue 3 2013

Oil's recent run higher could be tapering off

The price of oil has risen $10 a barrel since early December. Now traders are questioning how much higher it can go. Benchmark oil nearly crossed $97 for the first time in four months Wednesday morning. But by midday, it was down 31 cents to $96.37 per barrel.

January Issue 3 2013

Buccaneer Energy could begin drilling soon

Buccaneer Energy could be firing up its jack-up rig in northern Cook Inlet waters this spring.

January Issue 3 2013

US official: 2 more Americans die in Algeria 

Two additional Americans were killed in last week's hostage standoff at a natural gas complex in Algeria, bringing the final U.S. death toll to three, an Obama administration official said Monday.

January Issue 3 2013

Oil price dips, trading muted on US public holiday 

The price of crude oil slipped closer to $95 a barrel on Monday, with energy investors keeping to the sidelines as U.S. markets were closed for Martin Luther King, Jr. Day.

January Issue 3 2013

Hilcorp acquisition of Marathon’s Cook Inlet properties cleared by state judge

An Alaska superior court judge in Anchorage approved a Consent Decree Jan. 17 negotiated by state attorneys with Hilcorp Energy LLC, clearing the last hurdle for Hilcorp to acquire Marathon Oil's Cook Inlet producing assets.

January Issue 3 2013

Parnell sets new benchmarks for gas pipeline

Gov. Sean Parnell on Wednesday set new benchmarks for progress on a major natural gas pipeline project in Alaska and urged lawmakers to act this year on legislation to change the state's oil tax structure.

January Issue 2 2013

Interior Secretary Ken Salazar leaving Cabinet

Interior Secretary Ken Salazar, who oversaw a moratorium on offshore drilling after the BP oil spill and promoted alternative energy sources throughout the nation, will step down in March.