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AP Video News from the Alaska Journal of Commerce, Alaska's Business Newspaper





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Oil & Gas Update: ConocoPhillips wants fiscal agreement before it agrees to ship Slope gas
ConocoPhillips Alaska Inc. said Dec, 13 it wants an agreement with the state of Alaska on fiscal terms for a North Slope gas pipeline by February if the company is to mobilize preliminary field work for the project next summer, company officials told an oil contractor group in Anchorage Dec. 13.


Enstar's new leader puts heat on gas supply contracts
Enstar Natural Gas Co. has a new boss, Colleen Starring, and priority No 1. for her is ensuring adequate gas supplies to keep the heat on in Southcenral Alaska this winter.


State gets half-dozen applications to build gas line
TransCanada Corp. and Chinese-owned Sinopoc ZPEB submitted applications to the state of Alaska Nov. 30 to build a North Slope gas pipeline under the state's Alaska Gasline Inducement Act (AGIA).



Photo: Cranking up the gas line
Picture date: Tuesday November 27, 2007. Energy Minister Malcolm Wicks marked the pipeline's completion by opening a valve to let gas into the final section at the Felindre site.

Enstar's upcoming gas supply contracts likely will see big changes
Enstar Natural Gas Co.'s gas supply situation is about to take on a new dimension. The utility may soon be completely responsible for ensuring that it gets enough natural gas - even on the coldest, darkest days of winter.

After years of increases, gas prices leveling out
Gas prices to consumers have gone up because the cost of gas from producing companies has increased. Enstar's cost of service, however, is flat and even declining. This year the utility's costs for delivering gas are $1.70 per cubic feet. Ten years ago it was $1.93.


Cook Inlet gas: Resource deliverability now key issue
Jed Watkins discusses the properties of natural gas after lighting a burner affixed to a beaker of liquefied natural gas at the Kenai LNG plant, where he works as the plant's facility engineer. Cook Inlet's supply of gas is declining while demand is increasing.


Conoco submits non-AGIA bid to build a $30B gas line
ConocoPhillips has submitted a proposal for a gas pipeline to the state of Alaska that is outside of Gov. Sarah Palin's pipeline solicitation process.

ANGDA proposes to build spur long to ship Slope gas to Southcentral
The Alaska Natural Gas Development Authority, an Alaska state corporation, filed an application Nov. 29 with the state to build a $1.2 billion 20-inch spur pipeline from Southcentral to Interior Alaska.


Much exploration is on the books for the 2008 season
Oil and gas companies are gearing up for the 2008 winter exploration season, and so far it appears it will be similar to last year but with some important differences.


BP pleads guilty, fined $20M in clean water act violation
BP Exploration Alaska Inc. pleaded guilty Nov. 29 to a violation of the federal Clean Water Act and agreed to pay a $20 million fine in settlement of federal and state criminal violations, U.S. Attorney Nelson Cohen told a U.S. District Court in Anchorage.


A Journal overview on the new oil tax bill
Republican Sens. (from left) Bert Stedman, Sitka, Charlie Huggins, Wasilla and Gary Stevens, Kodiak, listen to Robert Mintz present an analysis of an oil and gas production tax bill Oct. 22 during a Senate Resource Committee meeting at the capitol in Juneau. Oil producers are still assessing the effects of the recently passed tax legislation.


A conversation with Shell Oil's Rick Fox
Rick Fox spent several of the formative years in his career with global oil and gas producer Shell in Alaska, drilling offshore exploration wells in the Bering, the Beaufort and the Chukchi seas.

Appeals court hears arguments on Shell's offshore drilling plans
The U.S. 9th Circuit Court of Appeals heard oral arguments Dec. 4 in a hearing on a lawsuit against Shell's offshore drilling program in Alaska brought by Inupiat Eskimo whalers, environmental groups and the North Slope Borough.
 
 
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