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

Issue

Title

September Issue 3 2014

BP lays off staff after Hilcorp transaction

BP will be reducing its Alaska North Slope workforce by 475 as a part of the company’s sale of North Slope producing assets to Houston-based Hilcorp Energy and a restructuring of BP’s operations.

Balash heads to Japan with BP to market LNG September Issue 2 2014

Balash heads to Japan with BP to market LNG

Marketing efforts for the Alaska LNG Project have formally started, passing another major milestone. State Natural Resources Commissioner Joe Balash accompanied BP officials to Asia on the first formal sales trip for the giant project. “These were BP’s meetings. They set them up and handled the invitations, and we were invited to come along,” Balash said.

September Issue 2 2014

FERC filing another important step for Alaska LNG Project

Step by step, the Alaska LNG Project is moving forward. The project made a big advance Sept. 5 with its application to the Federal Energy Regulatory Commission to begin a pre-filing process for the project.

State seeks federal judgment in push for ANWR exploration September Issue 2 2014

State seeks federal judgment in push for ANWR exploration

The State of Alaska has asked a U.S. Alaska District Court to issue a summary judgment in its lawsuit against the U.S. Department of the Interior over the federal agency’s rejection of a state plan to explore a part of the Arctic National Wildlife Refuge. The action was filed Sept. 8 in Anchorage. Judge Sharon Gleason will decide the issue.

RCA: state needs major power transmission improvements September Issue 2 2014

RCA: state needs major power transmission improvements

Alaska has an adequate power supply but an insufficient transmission system, which together could be strained by new Environmental Protection Agency requirements, according to Regulatory Commission of Alaska members.

Unsustainable operating budget threatens state savings September Issue 2 2014

Unsustainable operating budget threatens state savings

These are uncertain times for Alaska. Public spending is a big part of our economy and the state government is running billion-dollar-plus deficits. If things continue as they are, we could be out of cash in six or seven years.