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Below are articles from this week's edition of Petroleum News. Subscribers must log in above to view the complete articles. Subscribe now for full access.
  • Kachemach unit saga - 10/26/2014 (Full story) The area between the Kuparuk River unit and the Colville River unit has been called “the billion-dollar fairway” because of its prospective geology and proximity to infrastructure. And yet, the region hosts no production. The recent termination of the Kachemach unit highlights the challenges in the....

  • BC gives way to industry - 10/26/2014 (Full story) The British Columbia government ended two years of high stakes poker by playing its final hand Oct. 21 that will either sway the LNG industry to sanction a handful of projects or head for other gambling tables. The province's often-postponed fiscal regime, which has evolved from quiet backroom nego....

  • A hive of activity - 10/26/2014 (Full story) ExxonMobil is activating the powerful Nabors 27E drilling rig, for transportation by ice road in the coming winter to the company's huge Point Thomson gas condensate field on the North Slope, company executives told Petroleum News Oct. 16. The rig will continue drilling operations that were started....

  • Furie moving Kitchen Lights platform to Seattle for winter - 10/26/2014  Furie Operating Alaska is relocating its Kitchen Lights gas production platform south to Seattle for the winter, rather than trying to overwinter the platform in the Cook Inlet region, Bruce Webb, company vice president, told Petroleum News Oct. 22. “It turned out that was the least expensive option....

  • Buccaneer sale set for October - 10/26/2014  The Alaska assets of Buccaneer Energy Ltd. will go on the auction block by the end of October, according to a recent ruling from a federal bankruptcy judge in Texas. If Buccaneer gets more than one qualified bid, the bankrupt Australian independent will hold an auction starting the morning of Oct. 2....

  • Edgmon talks Arctic policy, rural issues - 10/26/2014  House Rep. Bryce Edgmon has spent a warm summer studying the world's coldest regions, in part preparing for the next legislative session. The Dillingham Democrat is seeking a fifth term unopposed, so he's looking forward to discussions and hearings that follow interim work with the state's Arctic Po....

  • Trouble on the high seas - 10/26/2014  Evidence of the risks associated with moving crude oil tankers in the notoriously stormy waters off British Columbia's northern coast is rapidly piling up, culminating in the enlistment of a large U.S. tugboat to aid a stricken Russian cargo ship off the west coast of Haida Gwaii. When the container....

  • A simplification for Cook Inlet gas - 10/26/2014  In what is presumably the closing chapter in the lengthy and complex process of amalgamating four Cook Inlet gas pipelines into a single pipeline system, a Regulatory Commission of Alaska hearing on Oct. 15 formally gathered information that the commissioners need to adjudicate over the proposed pip....

  • Falling prices shake up global economies - 10/26/2014  A sudden plunge in the price of oil is sending economic and political shockwaves around the world. Oil exporting countries are bracing for potentially crippling budget shortfalls and importing nations are benefiting from the lowest prices in four years. The global price of oil is $84 per barrel, dow....

  • Alberta on slippery slope - 10/26/2014  The latest round of stomach-churning lurches in stock and crude markets have sent economic and political shockwaves around the globe, forcing the petroleum industry's big players to ponder heading for high ground by either shelving or scrapping projects. Assuming oil prices continue to get a severe....

  • New GMC to be open for business in spring - 10/26/2014  Progress is being made on the state's new Geological Materials Center in Anchorage, a significant expansion over the existing Eagle River facility. The Department of Natural Resources said in an Oct. 20 release that relocation to the new facility at 3651 Penland Parkway will begin at the end of Oct....

  • Enstar files gas delivery rate increase - 10/26/2014  Enstar Natural Gas Co., the main Southcentral Alaska gas utility, has filed a tariff advice with the Regulatory Commission of Alaska, asking the commission to approve increases in the rates that Enstar charges its customers for delivering gas through its pipeline network. The utility says that this....

  • BOEM to do EIS for Cook Inlet sale - 10/26/2014  The federal Bureau of Ocean Energy Management said Oct. 21 that it will prepare an environmental impact statement for a potential Cook Inlet lease sale Scoping meetings are scheduled for Nov. 12 in Seldovia, Nov. 13 in Nanwalek, Nov. 13 in Homer, Nov. 14 in Soldotna and Nov. 24 in Anchorage. The Nan....


  • State approves North Pole cleanup plan - 10/26/2014  The Alaska departments of Environmental Conservation and Law said Oct. 20 that the state has approved a cleanup plan proposed by Flint Hills Resources for contaminated soil and groundwater at its North Pole refinery property. Flint Hills acquired the refinery in 2004 from Williams Alaska Petroleum....

  • Miller Energy gives Alaska CEO new deal - 10/26/2014  Miller Energy Resources Inc. has worked out a handsome new employment agreement with the company's point man in Alaska. Under the agreement, David Hall will receive an annual salary of $475,000, the company said in an Oct. 9 filing with the U.S. Securities and Exchange Commission. The company also a....

  • State adds 8 tracts to North Slope sale - 10/26/2014  Eight previously deferred tracts have been added to the 2014 North Slope areawide oil and gas lease sale. The Alaska Department of Natural Resources Division of Oil and Gas also said in an Oct. 15 statement that terms and conditions for 34 lease tracts have also been changed, from north sub-region....

  • State claims acreage at ANWR boundary - 10/26/2014  The state of Alaska has been working on boundary issues at the Arctic National Wildlife Refuge on the eastern side of the North Slope and is now seeking conveyance of nearly 20,000 acres of uplands at the state's boundary with ANWR. The state will also begin asserting ownership of roughly 3,000 acre....

  • EPA extends public comment to Nov. 14 - 10/26/2014  The U.S. Environmental Protection Agency and the U.S. Army Corps of Engineers have extended the public comment period on the proposed definition of “Waters of the United States” under the Clean Water Act to Nov. 14. The proposed rule was published in the spring with comments closing July 21, a date....

  • Mining News: Coeur rewards mine success at Kensington - 10/26/2014  When it comes to allocating a limited number of exploration dollars, Coeur Mining Inc.'s strategy is to funnel the money to projects that have demonstrated the ability to turn those dollars into precious metal. And, for 2014, the Kensington Mine in Southeast Alaska is where the bulk of the company's....

  • Mining News: Pebble Partnership takes fight to EPA - 10/26/2014  On the surface, the U.S. Environmental Protection Agency's endeavor to halt the development of the Pebble Mine in Southwest Alaska has the appearance of a federal agency doing its job – protecting the environment. Pebble developers contend that under this thin but durable veneer lies a secretly craf....

  • Mining News: Hope for rebound in recent mining news - 10/26/2014  In an industry eager for even a scintilla of good news, a recent report from industry analyst SNL Metals & Mining recently gave the good-news-starved industry a bit of hope. SNL's article, titled, “Too early to start celebrating a recovery in the sector,” indicated that although the downward trend i....

  • Mining News: EPA revisits its jurisdiction definition - 10/26/2014  With the Ebola scare and the ISIS incursions dominating the international news and the various races for control of the Senate sucking all of the air out of the room domestically, it is easy to lose sight of the serpent slithering across America hissing and rattling and threatening to wreak destruct....

  • Mining News: Yukon mines grapple with big challenges - 10/26/2014  Yukon Territory, lauded in recent years for its mine-friendly business climate, boast three operating mines coming online in the past seven years as well as strong prospects for more than doubling that number by 2020. Yet all three mines have hit rough patches in their operations in 2014 for distin....

  • Mining News: Royal Gold agrees to invest in Tetlin - 10/26/2014  Two companies that trace their roots to the oil and gas sector have agreed to form an alliance to continue exploration at the Tetlin gold-copper-silver property in Alaska's eastern Interior. In early October, Contango Ore Inc. announced that it inked a deal with Royal Gold Inc. that provides the Col....

  • Mining News: Baffinland begins mining Mary River iron - 10/26/2014  Baffinland Iron Mines Corp. commenced mining operations in September at its Mary River iron ore mine located on northern Baffin Island, Nunavut. Mary River is one of the world's richest and largest iron ore deposits in development and contains roughly 365 million metric tons of high-grade ore. The....

  • Mining News: Jobs boom heads to Canada's Far North - 10/26/2014  Government policymakers in Canada and the Northwest Territories are joining mining companies in preparing for an employment boom that economists predict will swamp the North in the next three to five years. The anticipated surge in jobs is part of a nationwide wave of employment growth expected in t....

  • Petroleum News also offers a News Bulletin Service.
    You must subscribe to this service to receive current News Bulletins.
    Note: Unlike Petroleum News, the News Bulletin Service covers Alaska only; delivering important oil and gas news as it breaks.

  • Kulluk appears intact and stable 01/03/2013
  • Kulluk is back under tow 12/31/2012
  • Shell vessel towing the Kulluk loses power south of Kodiak 12/28/2012
  • Court rejects appeal against Shell air permits 12/26/2012
  • Furie permitting Kitchen Lights development 12/05/2012
  • Conoco applies for Bear Tooth permit 12/03/2012

    The eAlert News Bulletin Service is our premier information service. Often delivered multiple times per week by email, it provides the latest breaking news for the oil and gas industry.

































































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