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Moving gas in-state (Full story) Last year the Alaska House picked away at issues surrounding an in-state gas pipeline, moving three bills to the Senate. In July, the Alaska Gasline Development Corp. delivered its feasibility report to the Legislature, complete with a list of recommended legislative changes. House Speaker Mike Ch....
CPAI earns $1.9B in 2011 (Full story) A steep rise in oil prices last year helped ConocoPhillips earn nearly $2 billion in Alaska, an increase over 2010 earning despite falling oil and natural gas production in the state. ConocoPhillips earned $1.9 billion in Alaska last year, up from $1.7 billion in 2010. While ConocoPhillips' annual e....
Keeping Keystone alive (Full story) TransCanada is digging deep into its bag of tricks to outwit opponents of Keystone XL, save what it can of the $1.9 billion it has already invested on the $7 billion project and stop those who have signed shipping contracts from walking away. Faced with one analyst's prediction that its shares will....
New study finds North Slope jobs up, record-high employment (Full story) A new report by the research firm McDowell Group is shedding light on seemingly contradictory North Slope employment figures and an apparent spike in nonresident hire. North Slope employment dropped sharply in 2009 but has since rebounded and is now at an all-time high. Industry spending is up, but....
Barron: Great Bear, permits in hand, starting site work in March (Full story) Although Great Bear Petroleum does not yet have a drilling rig for its North Slope shale exploration and evaluation program, the director of Alaska's Division of Oil and Gas told state lawmakers Jan. 20 that the company has secured the primary government authorizations and permits necessary for its....
Alaska governor sets out gas line path Gov. Sean Parnell, in his recent State of the State speech to the Alaska Legislature, laid out some rather specific steps for oil companies and the state to take over the next year in the continuing quest for a natural gas pipeline. What does the governor's schedule mean? In concrete terms, not very....
Judiciary committees to hear initiative Rep. Carl Gatto, R-Palmer, co-chair of the House Judiciary Committee, said the House and Senate Judiciary committees will hold a joint hearing on the coastal zone initiative to satisfy legal requirements. The initiative would reestablish a coastal zone management program. The existing program lapsed....
Shell bets big on Nova Scotia Shell Canada has put C$970 million on the table in a major reawakening of exploration in offshore Nova Scotia. That's what it bid to win the rights to four deepwater parcels in hopes of finding oil in a region the Nova Scotia government estimates holds 8 billion barrels, based on preliminary work th....
FERC reschedules Anchorage meeting The Federal Energy Regulatory Commission has rescheduled an Anchorage scoping meeting for the Alaska Pipeline Project, the proposal to build a natural gas pipeline from the North Slope to Canada to connect with markets in the Lower 48. FERC said Jan. 20 that the scoping meeting will be Feb. 13 at 7....
FERC says it lacks Tesoro jurisdiction Kenai Pipe Line Co., Tesoro Alaska Co. and Tesoro Logistics Operations LLC filed a request Sept. 1 asking that the Federal Energy Regulatory Commission determine that pipeline routes under Kenai Pipe Line Co.'s FERC tariff are not subject to FERC jurisdiction under the Interstate Commerce Act. Tesor....
Legislator rips BLM on legacy well issue An Alaska state legislator says the U.S. Bureau of Land Management has “ignored its responsibility” to properly square away dozens of old, abandoned well sites on the North Slope. Rep. Charisse Millett, R-Anchorage, on Jan. 17 introduced House Joint Resolution 29 urging the BLM “to plug legacy wells....
DNR working permitting, shale task force A number of oil and gas issues were on the table Jan. 20 when Commissioner of Natural Resources Dan Sullivan updated the House Resources Committee on the department's activities. Extra money the Legislature provided to the department last year helped reduce the backlog of applications in the Divisi....
Teck Resources raises oil sands ante Teck Resources, Canada's largest producer of metallurgical coal and zinc, is taking an even bolder step into oil sands mining with a C$435 million bid to acquire SilverBirch Energy, its 50 percent partner in the Frontier lease. If the transaction is ratified by two-thirds of SilverBirch shareholders....
EIA: prices to rise on LNG exports While Alaska wonders if its liquefied natural gas export market will ever return, gas producers in the Lower 48 are wondering if their LNG export market will ever begin. The U.S. Energy Information Administration has jumbled that question with a report suggesting that exports would drive up natural....
Scientist proposes new heavy oil process The many billions of barrels of heavy oil lying at shallow depths under Alaska's central North Slope have spurred much interest in finding viable ways of turning this huge resource into a marketable commodity. Heavy oil, with a consistency of honey, is difficult to extract from an oil reservoir and....
Northern waters preliminary report out In a preliminary report released Jan. 20 the Alaska Northern Waters Task Force said economic benefits to Alaska could be substantial from diminishing sea ice and the intensifying international race for natural resources. But, the task force said, the state also needs to provide for sustainable comm....
DGGS-led team to investigate Nenana basin Alaska's Division of Geological and Geophysical Surveys is starting an investigation of the oil and gas potential of the Nenana basin, in Alaska's interior, about 50 miles southwest of Fairbanks, DGGS geologist Dave LePain told Petroleum News on Jan. 24. The DGGS-led research project is being funded....
Oil Patch Bits: ASRC subsidiary names Davidson manager of supply chain ASRC Energy Services Inc. said Jan. 4 that it has named Shanna Davidson as its supply chain manager. As manager, Davidson will oversee the development and implementation of market sector and strategic sourcing strategies in support of ASRC Energy Services operations. She will be responsible for ide....
Oil Patch Bits: CH2M HILL signs agreement with Statoil Canada Ltd. CH2M HILL, a global full-service consulting, design, construction and operations firm, said Jan. 18 that it is pleased to announce the recent signing of a significant Framework Agreement with Statoil Canada Ltd. Valued at nearly $400 million, total installed cost, CH2M Hill's FA is for engineering,....
Hydrate well production test gets regulatory OK Alaska drilling regulators have issued an order authorizing a procedure to test production from an experimental natural gas hydrate well in the Prudhoe Bay field. The procedure involves injecting a mixed stream of carbon dioxide and nitrogen gases into the Ignik Sikumi No. 1 well. The well, already....
NordAq permitting Shadura test NordAq Energy Inc. is moving ahead on its efforts to test and potentially develop a Cook Inlet natural gas discovery that the company announced last year. The Alaska-based independent wants to test the Shadura No. 1 well to determine if the prospect can produce commercially. The company is currentl....
President proposes new home for NOAA President Barack Obama on Jan. 13 proposed moving the National Oceanic and Atmospheric Administration out of the Commerce Department and into the Interior Department. It's one prong of a reorganization plan meant to make the government more efficient and helpful to business with less duplication, Ob....
Lessons learned — after the fact When it comes to figuring out how Keystone XL finished in such a pickle, there is no end to the blame game. You can pin the plight on Hollywood stars such as Margot Kidder and Robert Redford, who lent their names to environmental protests; or the environmentalists themselves, labeled by Canada's Nat....

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