Archive » Oil & Gas

BP to sell four smaller North Slope fields, retain ownership of Prudhoe

BP announced Tuesday it will sell four of its North Slope assets to Houston-based independent Hilcorp Energy.

Agrium dropped from tax credit bill

Lawmakers approved a tax credit bill for Alaska refineries during deliberations Sunday night, but excluded the Agrium Corp. fertilizer plant in Nikiski from the plan.

Lawmakers not quite done in Juneau, but gas project is approved

ConocoPhillips to reopen LNG plant, resume exports

ConocoPhillips to reopen LNG plant, resume exports

ConocoPhillips is restarting its liquefied natural gas plant on the Kenai Peninsula and will resume shipments of LNG in May, the company announced April 14.
Slope gets busy from CD-5 to Point Thomson

Slope gets busy from CD-5 to Point Thomson

JUNEAU — North Slope oil fields are busy places these days. ConocoPhillips told a state legislative committee in Juneau that it expects to see 50,000 barrels per day of new North Slope production in 2018 based on projects now under construction and planned.

Archive » Mining

Archive » Alaska Oil & Gas Reporter

Balash plays point in pursuit of LNG project

Joe Balash says he’s often teased about being a 38-year-old point man for the state on a prospective multibillion-dollar deal for Alaska to partner with industry on one of the world’s largest gas projects.

Pebble veto would be unprecedented use of 404c power

The Environmental Protection Agency set a potentially unprecedented process in motion when it began work on Feb. 28 to preemptively block Pebble mine as an effort to protect Bristol Bay fisheries.

Villagers seeking order to shut down CD-5 construction

Six Inupiat villagers from Nuiqsut are in federal court seeking an injunction to shut down construction of ConocoPhillips’ CD-5 oil project on the North Slope.

State DEC wants Flint Hills to stop spill, file cleanup plan

A chemical spill at the Flint Hills refinery near Fairbanks has become a major headache for the company owned by Koch Industries.

EDITORIAL: EPA goes too far on Pebble mine

U.S. Environmental Protection Agency Administrator Gina McCarthy on Feb. 28 did what supporters of the proposed Pebble mine feared she would do: initiate a review process that could preemptively prevent the mine project from proceeding.
Oil Prices and Production
Oil and Gas Prices for 1/12/2012 ($/barrel)

  ANS West Coast $111.65 ($1.77)
  West Texas Intermediate $99.10 ($1.77)
  Henry Hub (mmBTU) $2.67 ($0.14)
    (BBLs)  
  ANS Production 622,966 1/11/2012
source: Alaska Dept of Revenue